Dilution of 48 mill (convertible notes), at the better of .15 or the lowest avg bids of previous 5 days announced on 7/19. HOWEVER, the total float after ALL cds can only be 70 mill, putting market cap at about 2.1 mill, conference call should show that this co is worth MUCH more than that.
Support in mid .02's, L2's are hot
ask .03 .038 .043 .045 .047x2 .05
bid .029 x4 .025 .022 .021 2005-09-09 14:58:02 Family Room To Announce Year End Results And Host Investor Conference Call
LOS ANGELES--(BUSINESS WIRE)--Sept. 9, 2005-- Family Room Entertainment Corporation (OTCBB:FMLY) would like to announce that it will state its Year End results for Fiscal Year 2005 (Year Ending June 30) on September 28, 2005. Also on September 28, 2005, Family Room will host its first ever Investor Conference Call. Chief Executive Officer, George Furla, and Chief Financial Officer, Stanley Tepper will present the conference call. Following a brief statement by Messrs. Furla and Tepper, investors will then have an opportunity to ask questions regarding Family Room Entertainment and its upcoming projects. Details on the Investor Conference Call will follow. FMLY had previously stated that an announcement of Year End results and the Investor Conference Call would be on an earlier date, but due to the additional requirements of Sarbanes/Oxley regulations, management has elected to postpone the announcement of Year End results for Fiscal Year 2005 as well as the Investor Conference Call.
About Family Room Entertainment
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions ("EFFP"), Emmett Furla Films Distribution ("EFFD") and EFF Independent ("EFFI"), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY". Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as participation in the profits, if any, of certain of the pictures it produces. The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and arrange with third parties to produce and finance motion pictures which are in the moderate to higher level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which is not historical facts, are forward-looking statements as that are defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES PROFESSIONAL SERVICES ACCOUNTING FINANCE COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS EARNINGS CONFERENCE CALL SOURCE: Family Room Entertainment Corporation
CONTACT INFORMATION: Family Room Entertainment Corporation M. Dal Walton, III, 310-659-9411 x127 dwalton@fmlyroom.com
futurama08
posted
Looking pretty to me! Good pick. Will be watching it tomorrow.
Jmoove
posted
finally released 10q from june, should pop this week
bid strengthening
29x30 4x1
betting babe
posted i touch nothing that says "furla" or "chamberlin" or "bonar"!! ie warning model mgmt (WNMI - WMSI)
"have the expertise and contacts within the entertainment industry" my azzzz! the only thing he has is a professional trading background and a house in west hollywood.
just wanted to add my 1 cent. i'd add 2 cents but thx to these guys i've only got 1!
~BB
...that's not to say ya can't make money on short-term momentum
Jmoove
posted
play the chart and momentum, thats all im saying 95% of these companies are junk