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[QUOTE]Originally posted by J_U_ICE: [QB] GMSC .008 Grand Entertainment & Music, Inc. Announces Lost City Artist Big Lou Releases Second Album Nov 7, 2006 7:00:00 AM MONTREAL -- (MARKET WIRE) -- 11/07/06 -- Grand Entertainment & Music, Inc. (PINKSHEETS: GMSC) announces that Lost City artist Big Lou released his second album this morning. East Coast native rapper, Big Lou released his much-anticipated second album,"Resurrecting the Dead," today. The album was written by Big Lou and hosted by DJ Kay Slay. His debut album, "The Lost City," earned him 3 Underground Music Awards; a feat never before accomplished by a new rapper. Big Lou sold thousands of copies of his first album in his hometown of Camden, New Jersey alone. This up-and-coming rapper has been promoting his shows and albums on MySpace.com (http://www.myspace.com/biglouthespanishfrankwhite). Big Lou's current site has had over 3000 hits, and his songs have been played and downloaded over 2500 times. His previous site on MySpace.com had over 25,000 fans and his songs had been played over 160,000 times. Lost City Records put a link on Big Lou's current site to pre-sell "Resurrecting the Dead." A limited number of records were put up for pre-sale, and those albums sold out within hours. As the company stated in previous press releases, Grand Entertainment is acquiring 50% of Lost City Records. Both companies have agreed on the terms and conditions of the acquisition, and the deal should be finalized by the end of the week. "I am extremely excited to have Big Lou become a member of our family, and I look forward to being a part of this talented rapper's rise to fame," stated President Fred Berlin. "This newly formed partnership between Grand Entertainment and Lost City will be a great venture for all involved, especially the artists. I have been in this business for a long time, and I can say with confidence that Big Lou has the dedication and determination to make it big. I am proud that Grand Entertainment will be involved in his growth and success." About Grand Entertainment & Music, Inc. Based in Montreal, Canada and incorporated in November 1998, the Company is an independent music entity that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, The Company's multi-million dollar studio, Cherry Studios, has produced voice-overs and sound tracks for commercials and film. In addition, Cherry Studios has also produced thousands of recordings and has to its credit a total of 23 gold and platinum albums. GEM has recently found success in the reggaeton market with its signature artist, Qbanito. Qbanito's debut album has already generated a #1 hit in Canada and is currently being marketed by Universal Music in Europe. Grand Entertainment also controls exclusive rights to vast catalogues of previously unreleased recordings from Cuban music archives. In addition to these assets, the company will focus on growth through acquisitions over the next twelve months in an effort to reach its mission of becoming a premier production, recording, publishing, and Internet distribution company. Safe Harbor Statement This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. Contact: Grand Entertainment and Music, Inc. Investor Relations (866) 795-4366 IR*Gmsc-info.com [URL=http://www.gmsc-info.com]www.gmsc-info.com[/URL] [/QB][/QUOTE]
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