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De Niro & Pacino Going in for the 'Kill' with Family Room Entertainment 5/18/2007
LOS ANGELES, May 18, 2007 (BUSINESS WIRE) -- Family Room Entertainment Corporation (OTCBB:FMLY), would like to announce that on Thursday, May 17, 2007, its wholly owned subsidiary, Emmett/Furla Films, issued a joint announcement with Millennium Films from the 2007 Cannes Film Festival that Robert De Niro and Al Pacino would be starring in the feature film "Righteous Kill" for the two companies.
Principal photography for the picture, which is from a screenplay by "Inside Man" writer Russell Gewirtz, is scheduled to begin August 6 in Connecticut. The two stars play cops chasing a serial killer. Jon Avnet will direct
In an interview with Daily Variety Family Room Co-Chair Randall Emmett stated that the idea for the film originated from the two actors' desire to co-star. "They're friends, and this really all got started from that," he said.
FMLY would like to state to its shareholders that its compensation package in connection with this picture has yet to be negotiated.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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How can they proclaim someone will be starring in a movie without having negotiated any compensation?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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I wonder where is the money going to come from to fun the production. And just how long before the movie is released.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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I snagged 25 million at .0008 cost me 20 grand half of my PXIT profits going to double it guarenteed. This is monster volume PXIT had more outstanding than this one.
Posts: 310 | From: Idaho | Registered: Jun 2004
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Emmett/Furla Films is a wholly owned subsidiary. The news seems to be genuine as its all over the web and in Cannes. De Niro and Al in one movie. This will have a great opening. The issue is with the continued dilution and dumping, not the movie. As per RB board, o/s seems to have increased from 879 million last month to 1.1 billion as of yesterday. Who knows whats the real o/s and when the dumping will stop. 400 + million and back to where it started today
Man...I love these sub-pennies...dump, dump, dump....
-------------------- JMHO. Do your DD. GLTA. Posts: 392 | Registered: Dec 2005
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FMLY-only $600,000 market cap yet they have movie deals with Al Pacino, Robert De Niro, Sylvestor Stallone, Keanu Reeves, Scarlette Johansson, Michael Douglas, Samuel L.Jackson, Anthony Hopkins, John Cusack,John Travolta, ect.
quote:Originally posted by kidpolio: I snagged 25 million at .0008 cost me 20 grand half of my PXIT profits going to double it guarenteed. This is monster volume PXIT had more outstanding than this one.
Dang kid thats twenty five hundred bucks a tic.
Hope it works out for you. I been in this for long time my average is .0028 I can not believe that they dumped more shares on the news. I plan on adding monday to get my average down. I want out of this one but refuse to sell at a lose.
Posts: 1343 | From: Rome Georgia | Registered: Oct 2004
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Then again, I'm reminded of stupid FARCKING Sirius Sattelite Radios' CEO pumping the hell out of signing Howard Stern and then the stock tanks in spite of celebrity status.
Perhaps the name dropping thing is overated.
Posts: 602 | Registered: Aug 2005
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Well, one thing keeping me form buying is that I don't know what part Family Room plays in the whole deal, and what kind of cut they would get.
jon, think about it this way:
If the movie costs $100million and brings in $100 million, there's no profit.
If it brings in $200million, but Family Room only gets 0.1% of it, that's only $200,000.
In other words, until more info is available about projected profit, and distribution of that profit, there's no way to know what, if any, impact this will have on the company's bottom line.
Make sense?
(And if all that info is avalable, then just ignore me, I haven't had much time lately to dig into things like this)
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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No, no, no. You're supposed to call me a stupid basher and ask me what price I'm trying to get in at
quote:Originally posted by jon clogger: Thanks PCola77, I'm a bit of a slow learner, but I definitely appreciate folks like yourself and Tex taking a moment to explain the basics.
Best of luck to you!
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Wow! .0005 now. I was going to get in at .0006, but I guess I'll wait for .0004 now.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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10-Q Financial report is out. They now admit to diluting. This is what drove the pps down, so it no telling what the O/S is now.
"FMLY has financed operations through the sale of common stock and through financing from financial institutions. In order to sustain operations in the near term, it is anticipated that motion pictures produced by FMLY will be entirely financed through outside sources.'
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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sounds like another bull comp,i mean who is going to lend them money?sounds like they might even go out of business and again after i bought in
Posts: 83 | From: ny | Registered: Dec 2006
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Rob, you make it sound here like dilluting is a big problem, yet on JMCP you say it's necessary and the company will explode any day now. Which is it?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Where does it say anywhere in FMLY PR's that they are comitted to: 1) No R/S, 2) Pay dividend, 3) Buy-back shares. If they did any one of these, it may be hope. This is a real POS, so buy if you desire.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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LOL. I'm pretty sure I could find you a hundred cases where a pink sheet company has promised dividends, no R/S and share buybacks, and has lied about all 3. If you're DD on JMCP is limited to reading PRs, then man, I'm worried for you.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: LOL. I'm pretty sure I could find you a hundred cases where a pink sheet company has promised dividends, no R/S and share buybacks, and has lied about all 3. If you're DD on JMCP is limited to reading PRs, then man, I'm worried for you.
Each company is different, here we are talking about FMLY. Same rules dose not automatically apply to every stock. You must do DD on each. Here FMLY is about to produce another movie and they have made no incentive for shareholders, but they will dilute to get the funds.
The more you talk the bigger the hole you dig for yourself. Since I am no longer interested in this POS, this will be my last post here unless things change, because I know when to leave. Good luck.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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What? I can't hear you from way down here in the deep hole that I've dug for myself...
Anyway, I'll refrain from posting anymore here. We both agree that this is probably not a good stock unless they give out more info about share structure and what cut they get of the movie proceeds.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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