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Don't forget that CEO George Furla purchased 228M shares two weeks back. He could be buying more. Something big is coming soon for sure.
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I wish I got out at .001 2 months ago. This thing can't crawl back over .001. I originally got in at .0024 and averaged down to .0009 - It's like no matter WHAT they put out in PR's - we go nowhere..... If I sold last mini-run - YOU all would be happy as it would probably be a Dime by now! LOL.... Not funny - but sick and tired of waiting...
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At this point there has to be a lot of people holding at .0007 or higher. Does anyone think this one is gonna run fast or just creep up slowly? I'm so nervous about setting my limit price cuz on my last run on a different stock I sold WAY too early and I was kicking myself because I originally set it much higher and then changed my mind.
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Still trading at .0006, but it don't look like dilution. Probably someones just jumping out. It's going to be slow until more positive news comes out.
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Family Room Entertainment Crosses Swords with 'Conan the Barbarian' Wednesday August 15, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Family Room Entertainment Corporation (OTCBB:FMLY - News), would like to announce that on Monday, August 13, 2007 the Daily Variety's Michael Flemming reported that "Millennium Films has acquired the rights to make a new series of pics based on Robert E. Howard's mythical conqueror Conan the Barbarian." FMLY's wholly owned subsidiary, Emmett/Furla Films, will provide producing services in conjunction with Paradox Entertainment and Millennium Films.
The article went on to report: "(Paradox CEO, Frederick) Malmberg will produce with Millennium's Avi Lerner, Boaz Davidson, Joe Gatta and George Furla. Millennium either will fully finance or partner with a distributor, with discussions to begin this week. Company's aim is to start production by next spring."
The article also stated: "The recent summer success of branded properties like "Spider-Man," "The Simpsons" and "Transformers" led to a receptive marketplace for Conan. The property already is a globally established brand that has 40 licenses including a top-selling Dark Horse comicbook, an upcoming vidgame for Xbox 360 and PlayStation 3, and the Funcom/Eidos massively multiplayer online role-playing game "Age of Conan: Hyborian Adventures.""
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Michael Douglas Reigns 'King' at the Toronto International Film Festival
Market Wire "US Press Releases "
LOS ANGELES, CA -- (MARKET WIRE) -- 08/15/07 -- After captivating audiences with his raw comedic performance at this year's Sundance Film Festival, Michael Douglas' KING OF CALIFORNIA takes center stage at the 32nd annual Toronto International Film Festival on September 11, 2007. The film will open in New York and Los Angeles on September 14, 2007.
The film stars Michael Douglas as a fresh-out-of-the-institution father, and Evan Rachel Wood as his emancipated teenage daughter. The two venture together on a quest for an ancient Spanish treasure buried beneath their local Costco in this darkly funny and surprisingly hopeful take on the modern family and the American dream. KING OF CALIFORNIA is directed and written by first-time filmmaker Mike Cahill.
"We're honored the festival has chosen to show KING OF CALIFORNIA. Michael Douglas' performance is superb," says film producer and President of Millennium Films, Boaz Davidson. "The film is funny, yet exceptionally poignant. Mike Cahill has proven to be a director to watch in the future."
KING OF CALIFORNIA is presented by First Look Studios and Millennium Films in association with Emmett/Furla Films, an Alexander Payne and Michael London production. The film is executive produced by Danny Dimbort, Boaz Davidson, Trevor Short, John Thompson, George Furla, Elisa Salinas and Vance Owen and produced by Avi Lerner and Randall Emmett.
"As a first-time director I am very privileged to have worked with such a talented cast," says director Mike Cahill. "This film is quite special and I am thrilled it will be seen at the festival."
KING OF CALIFORNIA will also be featured at the Deauville Film Festival, where Douglas will be honored with a career tribute.
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Good News ---------------------------------
Family Room Entertainment Stock Buy-Back Program in Full Swing Friday September 7, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Family Room Entertainment Corporation (OTCBB:FMLY - News) is pleased to announce that it has reinstituted its stock buy-back program. On September 6, 2007 FMLY bought-back in excess of 5,500,000 shares of common stock at a price per share of $0.0006.
As stated previously, the purchases may be made, from time to time, on the open market in compliance with Rule 10b-18 and will be funded from available working capital. The number of shares to be purchased and the timing of the purchases will be based on the level of cash balances, general business conditions and other factors, including alternative investment and/or filmed entertainment opportunities.
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You're right, 5M is just a drop in the bucket, but if this is just the start of a major buyback, it would really trun things around.
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Now the buyback is getting interesting. -------------------------------------
Family Room Entertainment Stock Buy-Back Program in Full Swing Monday September 10, 7:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Family Room Entertainment Corporation (OTCBB:FMLY - News) is pleased to announce that it has reinstituted its stock buy-back program. On September 7, 2007 FMLY bought-back in excess of 18,450,000 shares of common stock at a price per share of $0.0006.
As stated previously, the purchases may be made, from time to time, on the open market in compliance with Rule 10b-18 and will be funded from available working capital. The number of shares to be purchased and the timing of the purchases will be based on the level of cash balances, general business conditions and other factors, including alternative investment and/or filmed entertainment opportunities.
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Family Room Entertainment Crowned ''King'' at 2007 Toronto Film Festival Monday September 10, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--As a follow-up to its announcement on July 12th regarding the theatrical release of 3 of its co-productions, Family Room Entertainment Corporation (OTCBB:FMLY - News), would like to announce that "KING OF CALIFORNIA" will receive a limited theatrical release on September 14th of this year. The film, written and directed by Michael Cahill, stars Academy Award winner Michael Douglas and Golden Globe nominee Evan Rachel Wood ("THIRTEEN"). The pic will also debut on September 12 at the 2007 Toronto International Film Festival. The picture was was co-produced by FMLY's wholly owned subsidiary, Emmett/Furla Films, in conjunction with third party financiers.
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