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[QUOTE]Originally posted by J_U_ICE: [QB] NTMM .022 Signs Memorandum of Understanding to Acquire Full Length Feature Film Wednesday, October 04 2006 7:07 AM, EST NT Media Corp. (OTCBB:NTMM), a diversified media and entertainment company, announced today that it has signed a letter of intent to acquire the motion picture, "Abadan." The film was an official selection in the prestigious Tribeca Film Festival which was founded by Robert De Niro. The film was also a selection in the Singapore International Film Festival and has not yet had a theatrical release. "We are very excited about signing the memorandum of understanding to purchase this film. If completed, this would be the first fully completed feature film owned by the company," said Ali Moussavi, CEO of NT Media Corp. "This is part of our strategy of continuing with the purchase and production of traditional media properties as we continue our advance into the digital and mobile content arenas as previously announced." A brief description of the film can be viewed on the Tribeca Film Festival website on the following link: http://www.tribecafilmfestival.org/tixSYS/archive/title-synopsis.php About NT Media NT Media Corp. is a publicly traded diversified entertainment and Media Company based in Los Angeles, California , with operations in film and television production and finance. NT Media is represented by the Endeavour Agency . Forward-Looking Statements Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ. Source: NT Media Corp. of California [/QB][/QUOTE]
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