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Topic: CEEM major news report

jdog0701
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CEEM has announced a major signing today just after close. This stock IMO is a gem about ready to roll. It just split a week ago and it is at a great entry point now at .08 to .11. My plan is to hold this stock all of next week in hopes of it rolling up to .15 or higher.

Here is the latest News

CEI Entertainment Inc. Lands Two-Picture Deal With Legendary Screenwriting Team Whose Films Have Generated Over a Billion Dollars
GLENDALE, Ariz., Apr 8, 2004 (BUSINESS WIRE) --
CEI Entertainment, Inc. (CEEM.PK) announced it has secured an exclusive option on a two-picture deal with legendary screenwriting team Ron Shusett and Ian Rabin, whose films have amassed over One Billion Dollars in Box Office Revenue. The two films are: "Double Time", a Prince and a pauper story, and "My Brother the Gorilla" a sweet family comedy in the vein of "Crocodile Dundee" meets "Home Alone." Both films budget will be in the $7-10 million range.

Writer extraordinaire Ron Shusett credits include "Alien", "Total Recall", "Above the Law" and "Minority Report". His co-writing partner Ian Rabin penned "The Genesis Code", "Hellbound", and "Benediction" among others.

CEI's CEO James Rosin, who will also executive produce, says "These guys have made wonderful careers in specific genres, but we have found they also write incredible family films." Jim concluded, 'These two films are representative of the motion pictures to be produced by CEI Entertainment."

The pictures will be produced by veterans Tony Ridio ("Genesis Code, "Hellbound", "Freejack") and CEI's own Chase Chenowith ("The Devil and Daniel Webster" and "Undertaking Betty" a MIRAMAX distribution romantic comedy starring Naomi Watts, Christopher Walken, Brenda Blethyn and Alfred Molina scheduled to be in theaters on Fourth of July weekend.)

ABOUT THE COMPANY

CEI Entertainment, Inc. is an independent motion picture and television production company headquartered in Phoenix, Arizona with offices in Atlanta, GA and Omaha, NE.

CEI produces motion pictures and television programming, and provides co-production and syndication services as well as feature film packaging and distribution procurement partnerships with independent and major motion picture production and distribution companies. CEI Entertainment has formed strategic alliances with national and international independent production companies and producers in both the television programming and motion picture production areas.

For official corporate or more information on the company or the events above visit our web site at www.ceiwebsite.com or contact Dave Petersen at (402)-933-8696.

This news release contains forward-looking statements within the meaning of Section 37 A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934 of the United States. These forward-looking statements involve risks and uncertainties. The Company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE: CEI Entertainment, Inc.

CEI Entertainment, Inc.
Dave Petersen, 402-933-8696
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Posts: 105 | Registered: Feb 2004 | IP: Logged |

NoMore925
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Undiscovered stock, lot's of things going on with company. Low volume, on my watch list waiting for a comfortable bottom entry point. Then will hold until it gets 'discovered' and the volume comes rushing in. Of course, my scenarios don't always unfold the way I'd like them to (lol). But in a nutshell, may pay to watch this one (imo).

Posts: 129 | From: Ft Lauderdale, FL, USA | Registered: Mar 2004 | IP: Logged |

poorman
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I posted a thread about this a couple of months ago ( can't find it now ) and could not get any interest, seems they have done 3 foward splits in the last year, last one at about .30 and three for 1. never seems to have much volume but I agree it seems to have a lot going for it. if I remember right they have about 21 artist's under contract and 7 movies and TV shows in the works

Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004 | IP: Logged |

NoMore925
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I think many are scared away by the low volume. But I've always thought that finding a worthwhile stock BEFORE the herd was what it's all about. I think I talked myself into it, this coming week, gonna plop down a couple of bucks on this one and wait it out. Wish me luck...

Posts: 129 | From: Ft Lauderdale, FL, USA | Registered: Mar 2004 | IP: Logged |

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