Muller Media Reverse Split Will Go Effective April 27, 2007
Muller Media Reverse Split Will Go Effective April 27, 2007
BEVERLY HILLS, Calif., April 23 /PRNewswire-FirstCall/ -- Muller Media, Inc. (Pink Sheets: MUME) (www.muller-media.com) announced today that its 1-1000 reverse split approved by shareholders will be implemented in the market on April 27, 2007. The company continues to work on hard pre production of "Never Submit," in which it has an agreement to purchase an equity interest of up to 20%. The company's reverse split was approved to attract investors to enable it to finance "Whiskers," a feature film which the company has not met its financing obligations on due to the inability to attract investors due to the decline in price of its common stock.
About Muller Media
Muller Media is a film production company dedicated to the production of high-quality family feature films, with ratings of PG or G. According to a study made by the Dove Foundation of films made in the years 1989 through 2003, family films are 11 times more profitable than their R-rated counterparts. With "An Ordinary Hero," which is expected to have a PG rating, the company will now be competitive in the 50% of the movie-going market comprising 12-29-year-olds who frequent "PG" rated films.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia Entertainment, 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 not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Imperia Entertainment, Inc.
James Hergott
310-275-0089
Vivian Fullerlove 214-564-3359 (Public Relations)
musbviv@yahoo.com
Source: Imperia Entertainment, Inc.
CONTACT: James Hergott of Imperia Entertainment, Inc., +1-310-275-0089;
or Vivian Fullerlove, Public Relations, +1-214-564-3359, musbviv@yahoo.com,
for Imperia Entertainment, Inc.
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