Replies to post #10004 on Wall $t Banker$$ (BANKZ)

[Major_Bankz]

I agree! 3000% growth ,I'll be watching this one tomorrow.

[Major_Bankz]

Fineline Licenses Six Character Groups for US $2.4 million Up-Front Fee and 20% Royalty
Wednesday August 16, 4:34 pm ET


KENT, OH--(MARKET WIRE)--Aug 16, 2006 -- Fineline Holdings Inc. (Other OTC:FNLH.PK - News) announced today that it has entered into an exclusive licensing agreement with a private European business group, Child Entertainment, for the use of six character groups for a $2.4 million up-front licensing fee and a 20% on-going royalty. Child Entertainment has the right to benefit from the use of these character groups in mobile content, TV, motion pictures, games, animation, merchandising and any other use that maintains Fineline's quality standards.
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The licensed character groups are Internautes, Health Scare, Illegals, White Trash, Friendly Frights and Hogstturrs. The agreement is for a period of eight years with an option for the licensee to extend the agreement for an additional eight years. Child Entertainment will pay Fineline 20% of all gross revenues generated once cumulative gross revenues exceed US $2.4 million. The $2.4 million up-front license fee is non-refundable.

"With the payment of this license fee, we have no need for additional capital," said Robert Petry, Fineline Holdings CEO. "This is only the beginning. Our business generates very high margins and we have interest in our character groups in the areas of toys, motion pictures, TV shows, merchandising and mobile games. I am confident we will follow this win with additional licensing agreements."

Strategically, Fineline is focused on generating revenue from mass distribution of its proprietary character groups through mobile, television and/or motion picture agreements as a launching pad into additional lucrative licensing and merchandising. In the past, Fineline characters have been licensed for use with over 450 products in 20 countries. Licensees included household names such as Wendy's Hamburger, Thom McAn and Kellogg's.

About Fineline

Fineline has an extensive inventory of highly commercial cartoon characters for mobile carriers, television, movies and product merchandising. Fineline generates revenue through lucrative licensing and merchandising agreements of these assets. The company's library of original characters is one of the largest in the industry with over 214 trademarked and copyrighted cartoons. Some of the Fineline character groups have already been focus tested against Disney groups and won the test on consumer appeal. The Fineline library can be viewed at http://www.finelineproperties.com.

Safe Harbor Statement

The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations.



Contact:
Contact:
Fineline Holdings Inc.
Robert Petry
[phone]