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SSSU----0.01 ...RUMOR ON HUGE SHORT..NOBO LIST OUT NEXT WEEEK
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[QUOTE]Originally posted by JBravo: [QB] Silver Screen Studios to Request New CUSIP Number and Trading Symbol A SSSU will request a new trading symbol and a new CUSIP number as part of its restructuring and produce documentary film financed with film tax credits Update: 10:14 AM ET Nov 1, 2006 ATLANTA, Nov 01, 2006 (BUSINESS WIRE) -- Silver Screen Studios, Inc. (SSSU : silver screen studios inc com News , chart, profile, more Last: 0.04+0.00+7.84% 10:20am 11/01/2006 Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: SSSU0.04, +0.00, +7.8%) , Traders Nation, [URL=http://www.tradersnation.com/sssu.shtml,]www.tradersnation.com/sssu.shtml,[/URL] prepared to launch entertainment financing unit for the production of film projects. New CUSIP Number and Trading Symbol: As part of our restructuring and to protect our shareholders investment we will be requesting a new CUSIP number and a new trading symbol for Silver Screen Studios, Inc. The company will continue to trade under the symbol SSSU until officially changed. Documentary Film Financed via Tax Credits: Our first film project to be financed by our Tax Credit Fund will be a documentary tentative titled: Short Sellers, Market Makers and Brokers. The documentary will explore the shadowy world of the small cap company, hedge funds, market makers and online brokers. The project will be produced in a joint venture with Code Red Entertainment, LLC who will provide the initial funding for the project as well as production services. Entertainment Tax Credits: We are preparing to produce a slate of films using the entertainment tax credit structure we have previously announced. The tax credit financing structure makes use of the Internal Revenue Code sections 189 and 199 as well as the Georgia Film Tax Credit. Financing of Projects: Reg. E Entertainment Focused Fund: We are preparing a Reg. E Fund specifically for entertainment investments. The fund will seed several small ventures and provide the infrastructure for the larger tax credit. The fund will be launching as soon as a majority independent board of directors is selected and an independent audit is completed of the financial statements of the fund. Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this release are forward looking and may or may not occur due to forces beyond the company's control. SOURCE: Silver Screen Studios, Inc. Silver Screen Studios, Inc. Barry Thomas, 404-255-0400 sssu*mindspring.com Copyright Business Wire 2006 [/QB][/QUOTE]
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