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Home arrow Recent News arrow Investor News 2006 arrow Big Screen Entertainment Group Launches Shareholder Benefit Program Friday, November 21 2008


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Big Screen Entertainment Group Launches Shareholder Benefit Program E-mail
Tuesday, 30 May 2006
Hollywood, CA - May 30, 2006 Big Screen Entertainment Group’s (OTC:BSEG) CEO Kimberley Kates has announced the commencement of a program designed to instill increased shareholder confidence, as well as thank its many long term shareholders.  “There are a great many investors who have been with us through good and bad times, and we feel it’s our duty to recognize their contribution to BSEG’s current success.”

To accomplish that, Big Screen Entertainment Group’s board of directors has approved and identified the following actions:

Stock Buy Back Program:

Big Screen Entertainment Group’s Board of Directors approved a buy back of BSEG stock for a period of at least one year commencing immediately.

Dividend payments:

Big Screen Entertainment Group is also looking into instituting dividend payments in the near future, as the board strongly feels that its shareholders should directly participate in the financial success of the company.

Reporting Company:

Big Screen Entertainment Group is currently acting on the due diligence to become a reporting company and getting all of its records in order.  The board feels that such a move will greatly enhance BSEG’s long term value and responsibility to shareholders.  “We are working with our SEC counsel and have begun the process,” stated BSEG’s President David Zappone.

ABOUT THE COMPANY:
Big Screen Entertainment Group (BSEG) is a full service entertainment company designed to develop, produce, purchase, exhibit and distribute products in all media formats, including motion pictures, television, music and publishing.

BSEG currently has two films completed, two films in post-production and three films in development.  Visit our website at www.bigscreenent.com for more information on these movies.

Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward looking statements. Although Big Screen Entertainment Group believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.

Big Screen Entertainment Group
David Zappone, 323-960-4014

http://www.bigscreenent.com/
 
 

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