Released today on IPRE. (COMTEX) B: bellwetherreport.com: The Bellwether Report adds Imperia Enter ainment, Inc to our List of micro-cap companies on ou B: bellwetherreport.com: The Bellwether Report adds Imperia Entertainment, Inc t our List of micro-cap companies on our watch list ( M2 )
May 17, 2006 (M2 PRESSWIRE via COMTEX) -- Imperia Entertainment, Inc (OTCPK:IPRE), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
Imperia Entertainment, Inc, company which has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios, yesterday morning announced that its "first team" is on its way to Cannes today to promote its new feature film, "Say it in Russian."
"Say it in Russian" is a full length feature film, shot on 35mm. It is a romantic adventure, shot in Paris, Moscow and Los Angeles, starring Faye Dunaway, Rade Sherbedgia ("Snatch"), Steven Brand ("The Scorpion King"), Alex Nesic ("Sleeper Cell") and introducing Agata Gotova, with supporting roles played by Steven Berkoff ("Beverly Hills Cop"), Musetta Vander ("O Brother Where Art Thou"), Elya Baskin ("Moscow on the Hudson") and Oleg Vidov ("Red Heat"), among others. The film is in its final week of principal photography and the company is planning on releasing the film before the end of the year.
Say it in Russian" will be represented at Cannes by its public relations firm, LCO Communications Office, its sales agent, Patrick de Bokay, its Director, Jeff Celentano, Executive Producers Marc Cifelli and Kenneth Eade, and lead actress Agata Gotova. The trailer and poster for the film will be available at Cannes and on the film's website, www.sayitinrussianmovie.com. The company plans to follow the Cannes market with entries in the Venice International Film Festival, August 30th through September 9th, the Deauville Festival of American Cinema, September 1st through the 10th, the Toronto Film Festival, September 7th through the 16th, the London Film Festival, October 19th through November 3rd, the Sundance Film Festival, January 19th through the 20th, and the Berlin International Film Festival in February 2007.
Following the release of this news, shares of Imperia Entertainment, Inc enjoyed a nice run on huge volume to as high as $0.0054, but have since the traded down 14% as investors take their profits off the table. Currently this company is trading at $0.0045, on volume of already 205 million shares. This company will continue to look for growth opportunities as they attempt to increase their publicity. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
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