Vision Works Media Group, Inc. Closing Date Set With Orlando Channel 29, Inc. 5/19/2005 8:48:01 AM ORLANDO, Fla., May 19, 2005 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWMG) announced today they have set a closing date for May 25, 2005. The due diligence has been completed to acquire Orlando Channel 29, Inc.
Orlando Channel 29, Inc. is a management company of terrestrial broadcasting. Orlando Channel 29, Inc. will have the responsibility and function to show the programming of Vision Works Media Group, Inc. Orlando Channel 29, Inc. will share the office of the parent company, Vision Works Media Group, Inc.
Matthew Clapp, is the president of Orlando Channel 29, Inc. The purchase price of the acquisition is shares of restricted stock of VWMG. Mr. Clapp said, "I look forward to joining the VWMG family and I see a tremendous future for the VWMG unique concept of films shown on television." The films range from but are not limited to feature length movies, shorts, comedies, documentaries and animations.
Mark Astrom, President of Vision Works Media Group, Inc. said: "In most cases these films have never been seen outside of film festivals or gallery exhibition. As part of the Vision Works Media Group, Inc. these films will reach large audiences. This relationship is a truly a symbiotic relationship and we are very glad to make it all possible."
Vision Works Media Group, Inc. has its office and film and production studio in Orlando, Florida. The address is 57 West Pine St, Orlando, Florida 32801. The office is 4100 sq ft and will serve the company as corporate offices. The location is one block from Church Street Station, a downtown Orlando tourist attraction, and picturesque site for filming.
The mission of Vision Works Media Group, Inc. is to expose the works of independent filmmakers and artists to the greatest number of viewers by taking New Screen TV to additional pay-TV distributors, cable.
FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
SOURCE: Vision Works Media Group, Inc.
Vision Works Media Group, Inc., Orlando Mark Astrom, 407-346-6717 Fax: 407-843-5997 http://www.vwmg.net
Copyright Business Wire 2005
Posts: 352 | Registered: Jan 2005
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anyone know why this one has fallen so much over the last few days?
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
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I'm in for 2.5, I thought the news sounded positive personally. Would love to see some people relax and let the bid go back up again. Perhaps we'll have the opp. to sell @ .0005.
Posts: 255 | From: Charlottesville, VA | Registered: Feb 2005
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Vision Works Media Group, Inc. - Now Fully Automated TV Station
ORLANDO, Fla., Jun 13, 2005 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWMG) announced today they finished final stages of testing new broadcast automation system. The Company has purchased an automation system that enables the New Screen TV programming to be fully automated and allows for commercial insertion. The system has been bench tested and running uninterrupted and with zero down time and zero failures for eight weeks.
Mark Astrom, President of Vision Works Media Group, Inc. said: "The new and completely digital system allows us to seamlessly integrate programming content and commercial insertion. This equipment is really the behind the scene nuts and bolts of our ability to generate revenues through advertising. The entire system is state-of-the-art while also exponentially expandable, very important in today's evolving digital environment."
Vision Works Media Group, Inc. has its office and film and production studio in Orlando, Florida. The address is 57 West Pine St, Orlando, Florida 32801. The location is one block from Church Street Station, a downtown Orlando tourist attraction, and picturesque site for filming.
The mission of Vision Works Media Group, Inc. is to expose the works of independent filmmakers and artists to the greatest number of viewers by increasing distribution of New Screen TV to additional pay-TV distributors (cable and satellite).
Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to mange growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
SOURCE: Vision Works Media Group, Inc.
CONTACT: Vision Works Media Group, Inc., Orlando Mark Astrom, 407-346-6717 Fax: 407-843-5997 http://www.vwmg.net
-------------------- "Use what talents you possess; the woods would be very silent if no birds sang there except those that sang best." -- Henry Van Dyke Posts: 30 | From: San Antonio, TX | Registered: May 2005
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I bought some of this just because it is at the real bottom. Can anyone think of why this tanked so hard? Maybe it is getting naked shorted or something? or do you think they are pouring more shaes into the market? Something must be going on here. Or maybe they could be trying to buy back their shares or something. Just like to hear some opinions.
Posts: 804 | From: Burbank, California | Registered: Feb 2005
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Hey guys, just to let you know that Etrade is not accepting orders online for vwmg. Anyone know what is going on?
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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I don't know.......I was able to purchase through Scottrade with no problem.
Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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I was just looking through the posts and saw this one... looks like a great bounce play!
Nice catch!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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ok i am in!! got in at .0003 instead of .0002
but its ok look at the buys coming in and plus this one has gotten crushed over the last few days could bounce big time!!!
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
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-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
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damn this was at .10 just 60 days ago thats like 250 times from where it is right now
wozers alot of room to run but anyone know why the downfall????
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
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-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
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