WebAlert: Peace Arch Entertainment Investor Conference Call Starts at 12 Noon Eastern
Company to Review Recently Reported Q2 2007 Showing Record Breaking Revenues Reaching $11.3 Million
Toronto, Ontario CANADA, January 18, 2007 /FSC/ - Peace Arch Entertainment Group Inc. (PAE - American, PAE - TSX), will host a live investor conference call with a simultaneous webcast, today at 12 noon Eastern, to update investors on recently reported revenues for fiscal Q2 2007 and discuss the Company's top business initiatives.
During the conference call, John Flock, President of Peace Arch Entertainment, will discus the Company's recently reported Q1 2007 revenues topping $11.3 million, a significant 1146% percent increase over the previous year.
The growth in revenues reflects an increase in both Motion Picture and Television revenues and includes $5.7 million in revenues generated by the Company's new Home Entertainment segment, recognized through the acquisition of kaBOOM! Entertainment Inc. in the second quarter of fiscal 2006.
Posted by before_the_crowd on :
In at 1.24
Posted by Repoman75 on :
Radaring.
Posted by before_the_crowd on :
IN at 1.24
Posted by Repoman75 on :
RADARING.
Posted by Vinny on :
i'm not able to fill at 1.25...damn td
Posted by before_the_crowd on :
Seems like it crossed the resistance I dont know what is the next level of resistance
Posted by before_the_crowd on :
Float 15.7 Mill Management 38% Institutions bought this for the first time ever in Dec 2006. Cash Flow $0.06
Posted by before_the_crowd on :
The conference call is at noon. Who bets it will catch many eyez aftr the conf. Well 1146% inc should be promising I guess.
Lets see what happens. Its gonna be 10 more minutes when the conference starts
Posted by before_the_crowd on :
7 more min for the conference. Volume picked up
Posted by Vinny on :
i think this could hit 1.50 today
Posted by Veatsol on :
Big names in those movies. Anybody see any of those films yet?
Posted by before_the_crowd on :
Starting to move baby
Posted by Vinny on :
anyone listening to the web conference?
Posted by Veatsol on :
Yes
Posted by Vinny on :
veatsol...can you give us a quick recap please thus far?
Posted by Veatsol on :
Nothing new that wasn't covered thru press releases. First question by caller was about the 55 mill. debt.
Posted by Vinny on :
what's the link to the web conference?
Posted by Veatsol on :
Answer by CEO was that all projects financed by single production loans. They never actually shell out any cash. Or in other loans they partly pre-sell some rights to the films to insutional investors.
Posted by Veatsol on :
They won't go into specifics on what percentage they shell out to insutional investors for fronting the costs of the independent films. Anybody see that show Tutors yet on showtime? I have on demand and about to turn it on. Also could get a good run in 3 days when the next 2 films are screened at Sundance and are reviewed.
Replay at 3:30 EST for con. call.
Posted by Veatsol on :
I am still not in this one yet. Just saw "The Tudors" has not been shown yet. Comes out April 1st on showtime. Only one season deal has been inked.
Trailer looks so so. I don't think I would watch it.
2 films out over the next couple of days are (which I think I am more interested in viewing then getting into this sleeper stock)
DELIRIOUS
Screenwriter : Tom DiCillo Producer : Bob Salerno Cinematographer : Frank G. DeMarco Production Designer : Teresa Mastropiero Costume Designer : Victoria Farrell Cast : Steve Buscemi, Michael Pitt, Alison Lohman, Gina Gershon
Toby, a desperate, but affable, homeless kid insinuates himself into the life of Les, a hapless paparazzo, and offers to serve as his unpaid assistant. Always game for a deal, Les adopts Toby and shows him the sleazy ropes of party crashing, scoring goody bags, and chasing hot tips. As Les and his cameraman cronies clamor for photo opps, handsome Toby locks eyes with K'harma, the sexy reigning pop princess, and is suddenly swept into a glittery fairy tale like a boy-toy Cinderella. Of course Les views Toby's entrée into K'harma's heretofore-untouchable realm as a chance to snap a shot and make a buck. But Toby is genuinely smitten, and when Les is unable to control his impulses, both men must grapple with the meaning of friendship and the price of betrayal.
It's hard not to see our own voyeuristic anxieties play out in Steve Buscemi's brilliantly conceived Les, a loveable buffoon and tragic figure, while Michael Pitt's well-adjusted Toby reflects our best aspirations for authenticity and truth telling in a world obsessed with packaging the image. At a time when celebrity mania is at its zenith, Tom DiCillo delivers a high-energy, sharp-witted satire that pokes ironic fun at the absurd machine--paparazzi, publicists, and stars--that manufactures fame, while also addressing the toll it takes on those caught in its cogs.— Caroline Libresco
CHAPTER 27
Screenwriter : Jarrett Schaefer Producers : Naomi Despres, Bob Salerno, Alexandra Milchan Cinematographer : Tom Richmond Editors : Jim Makiej, Andrew Hafitz Production Designer : Kalina Ivanov Composer : Anthony Marinelli Costume Designer : Ane Crabtree Cast : Jared Leto, Lindsay Lohan, Judah Friedlander, Ursula Abbott, Jeane Fourier, Brian O'Neill http://www.imdb.com/title/tt0488988/
What went on in the mind of the man who felt compelled to assassinate John Lennon? Chapter 27 deftly pilots us into the dark psyche of Mark David Chapman the weekend before the December 8, 1980, shooting. Inspired by Chapman's recollections, and propelled by a haunting, tour-de-force performance from Jared Leto, the film unravels the web of literary associations and cultural signs through which Chapman processes the world as he releases his grip on reality.
Fresh from Hawaii, Chapman spends the better part of three days posing as an autograph seeker at the Dakota, Lennon's abode. As he hovers in the wintry cold, striking up oddly charged conversations with a devoted fan, Chapman's narration reveals that he is self-consciously, almost spiritually, ingesting his prophetic holy book, The Catcher in the Rye. Whipping himself into a twisted incarnation of Holden Caulfield, he adopts Holden's speech patterns, hires a prostitute, and spots phonies everywhere. In his spiral into mental collapse, he even seems to be following in Holden's footsteps. At the height of his derangement, this merging becomes so complete that he yearns to disappear into J.D. Salinger's pages. In a brilliant mimetic move, the film also converges with the book, structuring itself as a first-person stream of consciousness related from the future.
Neither celebrating nor sensationalizing, Chapter 27 explores a figure whose psychological mechanisms we can interpret but never fully penetrate, raising the question, can we ever really know another person's interior experience?— Caroline Libresco
Posted by Vinny on :
Not moving much?? Hopefully we have a little run near the close
Posted by Vinny on :
I expect big things from this company. We had a good web conference yesterday. Hopefully we can build some momentum today!
Posted by before_the_crowd on :
yes good buying pressure building
Posted by before_the_crowd on :
slowly accumulating
Posted by before_the_crowd on :
moving......gooo
Posted by before_the_crowd on :
Quitely moving.. I added some more
Posted by Vinny on :
bump
Posted by before_the_crowd on :
Stock doc tor wanted me to buy this today. I am from few days back so hope it means some action coming.
Anyway just wanted you guys to know that stock doc has been emailing me insistently about
DIGE IHG PAE and LDHI
I would add my own pick PRH to the watch list for next few weeks. Looks like BAZI drink will become BIG
Posted by madmoney on :
this company 6K`s everthing but has not filed a single financial report in years!! there must be 30 or 40 6K`s filed in the last three years but NO 10Q NO 8K NO finacials AT ALL!! I have seen MANY stocks post news of huge revenue increases but the finacials showed EVERY SINGLE ONE was LOSING MONEY and NONE ever held up price wise!. GLWTO!
Posted by before_the_crowd on :
QUARTER RESULTS Peace Arch Entertainment Group Inc. (PAE) reported Q1 results ended November 2006. Q1 Revenues were $11.33M; +1,146.42% vs yr-ago. Q1 EPS was 0c; +100.00% vs yr-ago.
Q1 RESULTS Reported Year-Ago Y/Y Revenues: $11.33M $0.91M +1,146.42% N/A N/A
Posted by before_the_crowd on :
Peace Arch Entertainment Announces Settlement of Lawsuit Against VH1, MTV and Viacom International
Monday , January 22, 2007 16:03ET
TORONTO -- (MARKET WIRE) -- 01/22/07 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE) today announced the settlement of a pending lawsuit that had been brought by Peace Arch against VH1, MTV Networks and Viacom International in British Columbia in October 2001, relating to the financing of the television series "Big Sound." The settlement agreement provides for the dismissal of all claims and incorporates a new U.S. distribution agreement. Financial terms were not disclosed.
About Peace Arch® Entertainment Group Inc.
Peace Arch® Entertainment produces and acquires feature films, television and home entertainment content for distribution to worldwide markets. Peace Arch is the owner of one of the largest libraries of top quality independent feature films in the world. Through its subsidiary, Peace Arch Home Entertainment, Peace Arch is also one of the leading distributors of DVDs and related products in Canada. For additional information, please visit www.peacearch.com.
Can you say gap up!!!!
Posted by before_the_crowd on :
I guess I can....I see this climbing until next few weeks
Posted by before_the_crowd on :
You will get my shares over my deadbody
Posted by before_the_crowd on :
Quitely moving up. I will be waiting for summer to sell. May be $2 by then
Posted by before_the_crowd on :
Apparently that lennon's movie got bad reviews in SUNDANCE. I should have known better Lindsay Lohan's movie cant be good.
Hope the television shows bring some money
Posted by Livinonklendathu on :
Peace Arch Entertainment Enters Negotiations to Acquire ContentFilm plc
Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE) ("PAE"), an integrated global entertainment company creating and acquiring critically acclaimed film, television and DVD content for worldwide distribution, today announced that it has entered into a non-binding Letter of Intent with London-based film and television sales company ContentFilm plc (AIM: CFL) ("ContentFilm") in which PAE has indicated that it is considering making an offer for all of the issued and to be issued ordinary share capital of ContentFilm for a cash consideration of GBP 0.20 per ordinary share of GBP 0.01 each ("Ordinary Share") or, at the election of each holder, 0.2 PAE common shares for each Ordinary Share up to a total of 19,500,000 PAE Common Shares (the "Share Alternative"). Assuming elections are made to take up the Share Alternative in full, the total cash payable would be approximately $35,000,000.00.
ContentFilm has 174,027,323 Ordinary Shares in issue, 17,169,998 in the money options and 3,048,518 in the money warrants. Any PAE shares issued as part of this transaction will be subject to a twelve-month lock-up period. In addition, the 34,840,262 Convertible Redeemable Preference Shares in ContentFilm will be rolled over into a similar instrument of PAE at a ratio of 5:1, for a total of 6,968,052 Convertible Redeemable Preference Shares of PAE with a redemption price of C$2.60 and a redemption date of June 2010.
The Letter of Intent is non-binding (save for the provisions relating to exclusivity and confidentiality) and is subject to various conditions, including negotiation and execution of definitive financing agreements, formal offer conditions, at least 50% of the shareholders of ContentFilm entering into irrevocable undertakings or letters of intent to accept the Share Alternative, completion of due diligence by both parties and approval by the Board of Directors of each entity. Peace Arch reserves the right to waive these conditions should they not be satisfied. This announcement does not constitute a firm intention to make an offer by PAE under Rule 2.5 of the City Code on Takeovers and Mergers. Accordingly, there can be no certainty at this time that PAE will proceed with the making of an offer for ContentFilm even if these conditions are satisfied, or that any offer made will be successful.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About Peace Arch Entertainment Group Inc.
Peace Arch Entertainment produces, acquires and distributes feature film and television programming throughout the world, both directly and via third party licensees. It has three operating divisions -- film, television and home entertainment -- with offices in Toronto, Los Angeles, New York and Vancouver. Peace Arch owns one of the largest libraries of top quality independent feature films in the world, featuring more than 1,000 classic and contemporary titles.
Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of PAE's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital (including, but not limited to, financing for the proposed transaction on terms acceptable to PAE), all other conditions of the Letter of Intent with ContentFilm being met in a manner consistent with the terms therein and other risks detailed in our periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, PAE undertakes no obligation to update these statements for revisions or changes after the date of this release.
THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THERFROM.
Dealing Disclosure Requirements
Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any person is, or becomes 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of PAE or ContentFilm, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant' securities' of PAE or ContentFilm, they will be deemed to be a single person for the purpose of Rule 8.3.
Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant securities' of PAE or ContentFilm, or by any of their respective 'associates', must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.
A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk.
'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to securities.
Terms in quotation marks are defined in the Code, which can be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a 'dealing' under Rule 8, you should consult the Panel.
If you are in any doubt as to the application of Rule 8 to you, please contact an independent financial advisor authorized under the Financial Services and Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or contact the Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013.
Distributed by Filing Services Canada and retransmitted by Marketwire
Contact:
Roy Bodner Senior Vice President Marketing and Communications Peace Arch Entertainment (310) 776-7208 Email Contact: Email Contact
Or
Financial Communications Trilogy Capital Partners Ryon Harms (800) 592-6067 Email Contact: Email Contact
Posted by Livinonklendathu on :