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BEVERLY HILLS, Calif., Jul 10, 2006 (BUSINESS WIRE) -- Muller Media, Inc. (Pink Sheets:MLMD) announced today its board of directors has approved a 3-1 forward split of its common share capital. As of the record date of July 14, 2006, every one share of Muller Media common stock will be converted to three shares of common stock. The split will be reflected on the books of the Company's transfer agent. No action is required on the part of any shareholder to participate in the split. The NASDAQ Stock Market will effect the split in the marketplace approximately three business days after the record date. Fractional interests, if any, will be rounded up to the nearest share. Last week, Muller Media's parent company, Imperia Entertainment, Inc. (Pink Sheets:IPRE), announced a dividend of Muller Media stock to Imperia shareholders. Imperia shareholders receiving this dividend will not participate in the forward split, as the dividend stock will be issued after a registration statement is filed and declared effective by the SEC. "The company has decided to forward split the stock to improve liquidity, broaden ownership, and enhance shareholder value. The split is a clear indication that we feel strongly about our company going into the future and will facilitate our growth plan," said Kenneth Eade, president.
About Muller Media, Inc.
Muller Media (www.muller-media.com) is a film production company dedicated to the production of high quality family feature films, with ratings of PG or G. According to a study made by the Dove Foundation of films made in the years 1989 through 2003, family films are 11 times more profitable than their R-rated counterparts. The company is being positioned to take advantage of this new growing market. The company's first film project, "Whiskers," is the story of a friendly and intelligent sea lion. It is created by underwater photography pioneer, Jordan Klein ("Jaws," "Thunderball," "Splash").
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Muller Media, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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