SSSU (OTCBB)
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Silver Screen Studios Inc.: Silver Screen Studios: Strategic Business Initiatives
MONDAY , MAY 15, 2006 06:31 AM
May 15, 2006 (M2 PRESSWIRE via COMTEX) -- Atlanta, GA., Silver Screen Studios, Inc. (OTCBB:SSSU)
www.silverscreenstudiogroup.com, announces its Strategic Business
Initiatives ("SBI") .
Strategic Business Initiatives: Our Strategic Business Initiatives
("SBIs") following our restructuring are to move aggressive into the
operations of our new business units of Entertainment, Real Estate,
Financial Services and Technology.
We are currently in preliminary discussions with a potential joint
venture partner with expertise in the film and video production
business. Our discussions are very preliminary and no final details
have been discussed. However, we are actively seeking and have several
scripts under review that fit within our budgetary restraints.
The entertainment and real estate business units are in the process of
being formed and the Reg. D Rule 504 offering memorandum is being
prepared for filing. Upon the capitalization of the business units, we
intend to seek a listing on the pink sheets and declare a dividend to
the shareholders of up to 15 % of the equity of the business units.
Our long term plan is to retain as a liquid investment a majority of
the equity of a listed business unit in preparation for migration to
the NASDAQ Small Cap Market.
In succession each business unit will undergo the above process as we
develop and mature in our business strategy.
Frequently Asked Questions:
Why Restructure?
We are restructuring now to position the company for strategic growth
and increasing shareholder value. We have developed expertise in the
operations and management of the publicly traded process and we are
committed to moving the company to the next level of development.
Will the current shareholders be able to participate in the equity of
the new business units?
Yes, we will allocate a percentage of the equity of a new business to
the shareholders of a certain record date and they can purchase shares
once the offering is effective.
Conclusion: We've modeled our restructuring on Viacom, (NYSE:VIA),
splitting into two separate companies, Apple Computer, (NASDAQ:AAPL)
with the sale of Pixar Entertainment to Disney (NYSE:DIS), and the
strategic position of Goldman Sachs (NYSE:GS).
Disclaimer: The below disclaimer is incorporated by reference as if
fully set forth herein this as well as all media releases on SSS behalf
www.murderbydeception.com. The statements contained in this released
are forward looking and may or may not occur due to forces beyond the
company's control.
CONTACT: Donald Evans
Tel: +1 404 255 0400
e-mail: sssu@mindspring.com
M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
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