Investor Group Purchases Pop Starz, Inc. (PSRZ), Files for Name Change
2008-05-20 10:30 ET - News Release
LOS ANGELES, CA -- (MARKET WIRE) -- 05/20/08
Pop Starz, Inc. (PINKSHEETS: PSRZ) announced today that it is broadening its scope of entertainment activities to include the production of small-budget movies and high-level music for both films and recording artists. Iconic film producer Maurice Smith has agreed to accept the position of CEO of the newly named Global Entertainment Acquisition Corporation, and the primary focus of the company will be creating and producing small-budget films with distribution agreements and secondary marketing agreements pre-negotiated. Michelle Tucker has resigned, leaving the management in control of new owners while the balance of the Pop Starz involvements is evaluated. Interim CEO, Melissa Rice, stated, "We are very excited having a name like Maurice Smith associated with our company and look forward to shooting our first film this summer. He is a proven film maker, his movies appeal to a wide audience, and they make money."
Maurice Smith's movies have been seen by a worldwide audience of hundreds of millions of people over his 30-year career. His movies include the smash hit "Screwballs," including 3 "Screwball" sequels in the franchise, "Recruits 1 and 2," "Alien Predator," "Totally Blonde," just to name a few.
The company also announced the hiring of veteran multi-platinum talent, Del, to head up its music division. Del, a 5-time platinum- and gold-recording artist and producer, provides platinum level production for a variety of music platforms, including songs for artists, movie theme songs, and scoring for all levels of motion pictures. The Global Music division currently owns over 1000 titles, including songs for artists in genres such as country, pop, R and B, Hip Hop and Rock, as well as stockmusic for commercials and underscores for short form. Whether a film producer is looking for an original song or full length score for a big-budget film, the talented team at Global Entertainment will be a one-stop talent pool and music content provider able to deliver. Of course, the team at Global Music will first and foremost provide outstanding music for the Global Film Divisions.
Multi-Platinum- and Gold-winning artist/producer Del is an accomplished music producer, programmer and artist, having hits on Billboard's R and B, Dance and Pop charts during his distinguished career. He has worked with some of the greatest artists of the pop generation as a song writer or producer, including Gloria Estefan, Jon Secada, KC and The Sunshine Band, Gnarls Barkley, Ashlee Simpson, Jennifer Lopez, Lenny Kravitz and has appeared as a frontman and nearly won the Bodog battle of the bands on the Hit Series similarly titled.
The company will be announcing its first feature film project in the very near future.
ABOUT GLOBAL ENTERTAINMENT
Global Entertainment Acquisition Corporation is an emerging film production company headed by Maurice Smith, a veteran filmmaker who has produced many successful and memorable films such as "Screwballs," "Totally Blonde," "Alien Predator," "Recruits 1 and 2" and many other films over his distinguished 30-year career. His films have been distributed in virtually every country in the world and has distribution on several films currently with some of the largest film distributors in the world.
The company will focus on producing small budget films in the Comedy and Sci Fi genres while searching for and developing emerging talent including writers, directors and actors to work on their films. In an era of expanded outlets of distribution, content is in higher demand than ever. it is Global's mission to become a leading content provider of entertaining, high quality films to feed the global demand.
Got in this one today at .0060. Expecting a nice bounce.
Share structure per pink sheets:
Estimated Market Cap 309,708 as of Jul 7, 2008 Outstanding Shares 532,388,529 as of Jun 30, 2008 Authorized Shares 1,000,000,000 as of Jul 6, 2008 Number of Share Holders of Record 103 as of Jun 30, 2008 Float 120,922,065 as of Jun 30, 2008
Global Entertainment Corp. Adds Legendary Agent/TV Packager to Management Roster Tuesday 07/08/2008 9:01 AM ET - Market Wire
As of 3:11 PM ET 7/8/08 Global Entertainment Acquisition Corporation, trading under the symbol (PINKSHEETS: PSRZ), announced today that it has agreed to terms with legendary Hollywood talent agent and TV packager Michael Greenfield to head up its casting and project development division. The former agent has acted as both agent and manager for some of Hollywood's biggest stars. Greenfield, besides handling artists' careers, has also packaged dozens of television and entertainment projects, including the hit television series "Walker Texas Ranger" a staple on television for nearly a decade. Greenfield has managed the careers or acted as agent for superstars like Linda Evans during her stint on "Dynasty," Sharon Stone, and many other major television and movie stars.
"The addition of Mike Greenfield to our team is a bonanza for our company. He will bring a wealth of knowledge and experience that I believe will help launch our company to the levels we expect," says CEO Maurice Smith.
For more information or investor questions contact 1-877-576-8007.
Global Entertainment Acquisition Corporation is an emerging film production company headed by Maurice Smith, a veteran filmmaker who has produced many successful and memorable films such as "Screwballs," "Totally Blonde," "Alien Predator," "Recruits 1 and 2" and many other films over his distinguished 30 year career. His films have been distributed in virtually every country in the world and he has distribution on several films currently with some of the largest film distributors in the world.
The company will focus on producing small budget films in the Comedy and Sci Fi genres while searching for and developing emerging talent including writers, directors and actors to work on their films. In an era of expanded outlets of distribution, content is in higher demand than ever. It is Global's mission to become a leading content provider of entertaining, high quality films to feed the global demand.
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Contact: Global Entertainment Acquisition Corporation 1-877-576-8007
SOURCE: Global Entertainment Acquisition Corporation