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BLOCKBUSTER
NEWS FROM AMDR |
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Dear Readers,
One of our ongoing featured companies, AmeriDream Entertainment
(otcbb: AMDR), has released “blockbuster” news that rocketed
the stock up nearly 10% today
on roughly SEVENTEEN times
their average daily volume.
The reason for the move up? Simple enough: the announcement of
a dynamic new program for investors in entertainment. As our regular
readers are aware, AmeriDream Entertainment Inc. is a major motion
picture and television production and distribution company whose
CEO Lang Elliott, is founder of Tri-Star Pictures and a respected
Hollywood producer for the last 30 years.
The program announced by AMDR enables anyone who has an interest
in financing motion pictures, television, cable or DVD productions
to invest and have their investment guaranteed by 43 state
governments and their municipalities. This guarantee
is similar to an added insurance policy without going through
an insurance company.
If you’d like to read our in-depth profile on AmeriDream simply
(Click
Here) otherwise take a look at the news below.
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News From AMDR ** |
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Press Release
Source: AmeriDreamEntertainment
Inc.
Monday October
7, 5:53 pm ET
AmeriDreamEntertainment Inc. Announces Strategic
Consultants International Inc.
Offering New Opportunities For Film and TV Financing
- A Unique Government Guaranteed Collateral Financing Program
Provides Investors
With an Alternative Form of Financing Motion Pictures, Print
and Advertising Costs, or Television and Cable Productions -
BERMUDA DUNES, Calif.--(BUSINESS WIRE)--Oct. 7, 2002-- AmeriDreamEntertainment
Inc. (OTCBB:AMDR - News), a Coachella Valley, Calif.-based
major motion picture, television production and distribution company,
today announced that Strategic Consultants International Inc.
(SCI), a wholly owned subsidiary of AmeriDreamEntertainment Inc.,
is offering a unique government guaranteed collateral financing
program, providing entertainment industry producers with a bankable
guarantee for independents, individuals and corporate investors.
The program enables anyone who has an interest in financing motion
pictures, television, cable or DVD productions to invest and at
the same time be secured. This guarantee works similar to that
of an added insurance policy without going through an insurance
company. The difference between an insurance company guarantee
and Strategic Consultant's program is the benefit of a government
guarantee to assure performance.
Lang Elliott, chairman, president and chief executive officer
of AmeriDreamEntertainment Inc., developed this collateral financing
program to assist clients and other third party investors who
are seeking an alternative form of financing motion pictures,
print and advertising costs, and television and cable production
costs without going to the majors to obtain traditional financing
at higher costs.
"The new millennium is bringing the entertainment industry opportunities
never before seen or imagined in the area of finance. Twenty-three
years ago, people within our industry thought you were crazy if
you talked positively about the new
mediums such as cable television or the home video industry,"
said Elliott. "If we didn't have these tremendous revenue-earning
giants today, how could the majors or independents ever spend
the large amounts of money that they are to produce and market
films? The smallest budgeted major studio film today costs $50
million and that's before marketing and distribution costs."
He continued, "Strategic Consultants realizes that there will
be a learning curve for the industry to understand how the plan
works. However, it is predictable that securing production and
distribution costs without pre-sales or cross-collateralizing
rights to recoup dollars will be a welcome way for future production
financing with tangible government guaranteed collateral that
is rated by Standard and Poor's."
About AmeriDreamEntertainment Inc. (www.ameridreamentertainment.com)
AmeriDreamEntertainment Inc. (OTCBB:AMDR - News),
a Coachella Valley, Calif.-based major motion picture and television
production and distribution company, was founded and incorporated
in California. AmeriDreamEntertainment Inc. bases its future on
public and industry financing. The AmeriDream companies will utilize
its officers, directors and consultants to establish new production,
co-production and distribution relationships throughout the world.
This press release contains statements, which may
constitute "forward-looking statements" within the meaning of
the Securities Act of l933 and the Securities Exchange Act of
l934, as amended by the Private Securities Litigation Reform Act
of l995. Those statements include statements regarding the intent,
belief or current expectations of AmeriDreamEntertainment Inc.
and members of its management as well as the assumptions on which
such statements are based. Prospective investors are cautioned
that any such forward-looking statements are based upon current
expectations of management and actual results and outcomes may
differ materially from those contained in such forward-looking
statements in this press release. Important factors currently
known to management that could cause actual results to differ
materially from those in forward-statements include the ability
of management to gain approvals from the board of directors of
both companies as well as regulatory approvals, unforeseen claims
in connection with the intellectual property rights in connection
with AmeriDreamEntertainment Inc., fluctuation of operating results,
the ability to compete successfully, the ability to revise forward-looking
statements to reflect changed assumptions, and the occurrence
of unanticipated events or changes to future operating results.
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**
Listen To An Exclusive 09/20 CEO ACCESS Interview With AMDR
CEO Lang Elliott ** |
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AmeriDreamEntertainment has a proven
management team with the Hollywood pedigree necessary to
be successful, and they have the track record and focused
direction to back it up. AmeriDream's Chairman and CEO is
Lang Elliott, founder of Tri-Star, and a respected
Hollywood producer for over 30 years. AMDR has an outstanding
catalog of video entertainment and an impressive production
schedule for current and future projects. AmeriDream is
focused on family-friendly productions. |
An interview with Lang Elliott, CEO of AMDR
For additional information, e-mail kgabriel@marcomassoc.com
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