Replies to post #89 on Greater China Media & Enterainment Corp.(fka GTCN)

[Nafariouss]

Greater China Media & Entertainment Corporation's 'Tough Guy' Completes Shooting
Tuesday September 25, 9:00 am ET

BEIJING, Sept. 25 /Xinhua-PRNewswire/ -- Greater China Media & Entertainment Corporation (OTC Bulletin Board: GCME - News), an integrated professional media and entertainment company, today announced that its new movie 'Tough Guy' has finished filming in China.

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'Tough Guy' was produced as a joint investment by GCME and Mega Vision Productions Limited, an entertainment group specializing in film productions. Total investment for 'Tough Guy' was approximately US$1 million. GCME will be entitled to 50% of profits generated from the movie.

Liu Ye stars as Lao San, a brave, down-to-earth veteran who fights for justice. This role is ground-breaking for handsome Liu Ye, who continues to impress by choosing roles that challenge him and advance his career. From simple "peasant-like" introverts, to bold schemers, Liu Ye's remarkable acting skills have not only garnered widespread public acclaim, but also the respect of international directors such as Stanley Kwan (Lan Yu), Chen Kaige (The Promise), Zhang Yimou (Curse of the Golden Flower) and John Woo (Blood Brothers) -- all of whom have widely praised his work and sought to include him in their major movie productions.

"We are pleased that Liu Ye has agreed to play Lao San, a unique character that is quite a change from his previous roles", stated Jake Wei, Chairman and CEO of Greater China Media and Entertainment Corporation. "This role will transform Liu's career and bring his work to the attention of critics and movie-lovers around the world."

About Greater China Media and Entertainment Corporation:

Greater China Media & Entertainment Corp. ("GCME" or the "Company"), is an integrated professional media and entertainment company involved in various areas including film and TV program production, management, promotion and distribution. The Company maintains its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency and sales and advertising agency, as a result of recent joint ventures. With its broad range of media and entertainment talents, the Company is capable of making films, TV programs and related projects on a large scale.

Joint ventures:

In June 2006, GCME signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (Tangde), a Chinese company focused on producing TV programming and movies. The Company's public relations, media strategy, consulting and event management joint venture, Beijing Racemind HuaDing International Marketing Consultants Limited (Racemind HuaDing) was organized in 2006 and approved for business by the Beijing Administration for Industry in May 2007. The Company also signed an agreement with Beijing Star King Talent Agency to form a joint venture to carry on business as a talent agency.

Recent milestones:

Movie and television series production and distribution

-- Signed a production and distribution deal with Mega Vision Productions Limited for the new 'Tough Guy' movie.

-- Took delivery of its first script for its 'True Love' television series to be directed by famed director Wong Jing.

-- Signed a production and distribution deal for its 'Poor Dad, Rich Dad' television series with HuaYi Union Cultural Media Investment Company Limited. 'Poor Dad, Rich Dad' has finished shooting recently.

Racemind HuaDing

-- Signed service agreement with Siemens LTD. China's Transportation Systems group.

-- Provided public relations services to Beijing ShiChuang Environmental Protection Development Co., Ltd.

-- Organized Johnson & Johnson "Family Event".

-- Selected by Microsoft China as an approved public relations vendor, and arranged conferences, new product press releases and events.

For more information please visit the Company website at http://www.greaterchinamedia.com .

Forward-looking statements:

This report contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.

The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.

For more information, please contact:

Greater China Media & Entertainment Corp.
Jake Wei
Tel: [phone]


Source: Greater China Media & Entertainment Corporation

[Nafariouss]

Allwaysright...
I let my premium account laps.... no PMing for me. Still get them though.
Currently I dont. Know several that do who asked if they should sell after it dropped to .08 ... told them to hold. Based on chart saw it as a bottom play.... now just watching it for them and may play.......
I like ABVG and DKGR also watching STEM so want it to go below 2.00. been coming close. GNBT been a fav since 05 when I was loading around .80... Has a fair value of 1.50 which it hangs around. based on chart you can guess how I play it.
Take care. Hit me up anytime.