$$ Neuer Subpennyplay $$
Silver Screen Studios, Inc. (OTCBB: SSSU), http://finance.yahoo.com/q?d=v1&s=sssu.ob implements Shareholders Integrity Plan to address share imbalance and makes provisions to migrate to NASDAQ Small Cap Market.
Shareholders Integrity Plan Objective: Our management in an effort to protect the integrity of our shareholders investment has adopted a Shareholders Integrity Plan (“SIP”) and makes provisions to move to NASDAQ Small Cap Market once Reg. E Funds are capitalized.
Shareholders Integrity Plan: Phase I The SIP is the equivalent to the Shareholders Rights Plans as designed by the law firm of Wachtell, Lipton, Rosen & Katz, i.e., the Poison Pill. The Poison Pill has been upheld by the Delaware Courts as a legal method to protect the shareholders interests in the company by the board of directors acting in their business judgment. We feel the SIP will protect our legal shareholders investment in our company as we restructure into a profitable entity.
Implementation: The management of SSSU has accessed a shareholders list as of 10-11-2006. This list was compared to the NOBO list as of 10-11-2006. The shares in excess of the official total as compiled by the transfer agent will be deemed “counterfeit shares”.
Counterfeit Shares: Any position deemed counterfeit will be deemed to be short a failure to deliver share; each failure to deliver share outstanding of SSSU shall be deemed liable as follows: Counterfeit Shares Liability: Each counterfeit share shall be liable to SSSU as follows: (i) $1.00 per share in cash; plus (ii) The 52 week high of $.041 multiplied by 7.77 multiplied by the number of days the failure to deliver position has been open.
(iii) There are currently 102,767,486 shares unaccounted for.
Restructuring of Capital Structure: Our management feels there is a significant failure to deliver position in our stock and the NOBO list identified the extent of the position. To protect our shareholders we are developing the share exchange program with one of the Reg. E Funds that will place an estimated value of $.10 to $.25 on the shares of SSSU.
Shareholder Benefits and Dividend Distribution: We have developed the dividend program with one of the Reg. E. Funds. Each Reg. E fund can raise up to $5.0 million per year exempt from registration. We are working out the details of a dividend valued in the range of $0.05-$0.12 per share.
TD Ameritrade: We will have an update on Monday concerning the TD Ameritrade and SBSH situation and the steps the company is taking to address the problem. According to the NOBO list SSSU has 770 account holders at TD Ameritrade who have been prevented buying shares in the company.
Summary: The SIP will have no effect on our current shareholders. The SIP will affect the imbalance in shares that have failed to be delivered and remain open. We are exploring retaining a forensic accountant and the DTC Position Report to identify each position and the owner of the position and take actions to reward our legitimate shareholders with the proceeds we recover.
About Global 1 Investment Corporation: The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Silver Screen Studios, Inc. (OTCBB: SSSU), http://finance.yahoo.com/q?d=v1&s=sssu.ob implements Shareholders Integrity Plan to address share imbalance and makes provisions to migrate to NASDAQ Small Cap Market.
Shareholders Integrity Plan Objective:
Our management in an effort to protect the integrity of our shareholders investment has adopted a Shareholders Integrity Plan ("SIP") and makes provisions to move to NASDAQ Small Cap Market once Reg. E Funds are capitalized.
Shareholders Integrity Plan: Phase I
The SIP is the equivalent to the Shareholders Rights Plans as designed by the law firm of Wachtell, Lipton, Rosen & Katz, i.e., the Poison Pill. The Poison Pill has been upheld by the Delaware Courts as a legal method to protect the shareholders interests in the company by the board of directors acting in their business judgment. We feel the SIP will protect our legal shareholders investment in our company as we restructure into a profitable entity.
Implementation:
The management of SSSU has accessed a shareholders list as of 10-11-2006. This list was compared to the NOBO list as of 10-11-2006.
The shares in excess of the official total as compiled by the transfer agent will be deemed "counterfeit shares".
Counterfeit Shares:
Any position deemed counterfeit will be deemed to be short a failure to deliver share; each failure to deliver share outstanding of SSSU shall be deemed liable as follows:
Counterfeit Shares Liability:
Each counterfeit share shall be liable to SSSU as follows:
(i) $1.00 per share in cash; plus
(ii) The 52 week high of $.041 multiplied by 7.77 multiplied by the number of days the failure to deliver position has been open.
(iii) There are currently 102,767,486 shares unaccounted for.
Restructuring of Capital Structure:
Our management feels there is a significant failure to deliver position in our stock and the NOBO list identified the extent of the position. To protect our shareholders we are developing the share exchange program with one of the Reg. E Funds that will place an estimated value of $.10 to $.25 on the shares of SSSU.
Shareholder Benefits and Dividend Distribution:
We have developed the dividend program with one of the Reg. E.
Funds. Each Reg. E fund can raise up to $5.0 million per year exempt from registration. We are working out the details of a dividend valued in the range of $0.05-$0.12 per share.
TD Ameritrade:
We will have an update on Monday concerning the TD Ameritrade and SBSH situation and the steps the company is taking to address the problem. According to the NOBO list SSSU has 770 account holders at TD Ameritrade who have been prevented buying shares in the company.
Summary:
The SIP will have no effect on our current shareholders. The SIP will affect the imbalance in shares that have failed to be delivered and remain open. We are exploring retaining a forensic accountant and the DTC Position Report to identify each position and the owner of the position and take actions to reward our legitimate shareholders with the proceeds we recover.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Calibra für den supersupergeilen SSSU Tip und dem
Zockerchen fairerweise auch nen dicken Dank für Ser Systems wenns auch erstmal voll in die Miesen ging deshalb war ich auch ein wenig genervt von Dir und auf Deine Tips nicht so gut zu sprechen aber hab mich ja in letzter Zeit zurückgehalten dank SSSU die haben alles rausgerissen
Silver Screen Studios, Inc. (OTCBB: SSSU), http://finance.yahoo.com/q?d=v1&s=sssu.ob implements Shareholders Integrity Plan Phase I and discusses growth plan.
Open Market Share Repurchase via Reg. E Funds: As the company previously mentioned we will go to any length to protect the interest of our loyal shareholders. We feel at this time it is in the best interest to buy back shares in the open market, via a Reg. E Fund up to $5.0 million, to place as much pressure as possible on the creators of the share imbalance. We have addressed this issue by both our investment banking unit and the Reg. E funds to raise as much capital as possible, through the use of the Reg. E shares in a non-dilutive method.
As previously stated we have no intention of conducting any reverse split of our shares.
Growth Strategy: As strategy for growth is through price appreciation and dividend distribution of portfolio companies acquired by our Reg. E Funds. The board will meet again this week to consider all methods to assure the continued growth of SSSU and to authorize our first acquisition.
Shareholders Integrity Plan: We are very excited with Phase I of the SIP. Our first real estate acquisition will be shortly announced which will enable the company to add hard tangible assets to its financial statements. We feel the mortgage company will provide a ready cash flow revenue stream and will finance the growth of the real asset acquisition strategy. Revenue generation and creation is the company’s immediate goal.
FAQs: 1. How does SSSU value the Reg. E Funds? a. The Reg. E. Funds can raise $5.0 million per year exempt and we will use the proceeds to support SSSU stock in the open market via a share buy back to address the imbalance of more than 100 million shares.
About Global 1 Investment Corporation: The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Silver Screen Studios, Inc. (OTCBB: SSSU), http://finance.yahoo.com/q?d=v1&s=sssu.ob implements Shareholders Integrity Plan Phase I and discusses growth plan.
Open Market Share Repurchase via Reg. E Funds:
As the company previously mentioned we will go to any length to protect the interest of our loyal shareholders. We feel at this time it is in the best interest to buy back shares in the open market, via a Reg. E Fund up to $5.0 million, to place as much pressure as possible on the creators of the share imbalance. We have addressed this issue by both our investment banking unit and the Reg. E funds to raise as much capital as possible, through the use of the Reg. E shares in a non-dilutive method.
-- As previously stated we have no intention of conducting any reverse split of our shares.
Growth Strategy:
As strategy for growth is through price appreciation and dividend distribution of portfolio companies acquired by our Reg. E Funds. The board will meet again this week to consider all methods to assure the continued growth of SSSU and to authorize our first acquisition.
Shareholders Integrity Plan:
We are very excited with Phase I of the SIP. Our first real estate acquisition will be shortly announced which will enable the company to add hard tangible assets to its financial statements. We feel the mortgage company will provide a ready cash flow revenue stream and will finance the growth of the real asset acquisition strategy.
Revenue generation and creation is the company's immediate goal.
FAQs:
1. How does SSSU value the Reg. E Funds?
a. The Reg. E. Funds can raise $5.0 million per year exempt and we will use the proceeds to support SSSU stock in the open market via a share buy back to address the imbalance of more than 100 million shares.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Silver Screens Studios: Acquires First Company for Spin-off and Distribution to Shareholders as Confirmed by NOBO List and Transfer Agent
2006-10-25 10:45 ET - News Release
Shareholders Integrity Plan Phase I to Certified Shareholders as Confirmed by NOBO List and Transfer Agent
ATLANTA -- (Business Wire)
Silver Screen Studios, Inc. (OTCBB: SSSU) www.silverscreenstudiogroup.com, http://finance.yahoo.com/q?s=SSSU.OB, Traders Nation, www.tradersnation.com/sssu.shtml, Global 1 Realty Corporation, www.1global1realty.com, forms venture capital private equity investment funds for acquisitions of companies, financing of investments in other entities, and files to do business as Silver Screen Holdings to reflect our new business model.
Acquisitions:
Global 1 Private Equity Fund I, Inc. has acquired 100% of Global Franchising Corporation in exchange for cash and stock. The first acquisition using the Reg. E Fund valued at $1,000,000.00 forms the foundation of our Shareholders Integrity Plan.
Business Model for Acquisition:
The business plan for Global Franchising Corp. (GFC) will be to develop franchises/business opportunities for the purchase and sale of distressed real estate assets in the U.S. Each franchise/business opportunity will enable an investor to acquire assets at a wholesale price using our, contacts financing capability and public trading network.
Business Objective:
The business objectives are forward looking and contain forward looking statements and are pro forma as the results have not occurred. The business objectives are:
1. To have 200 franchises within 36 months in 25 states.
2. The monthly projected asset acquisition is 50-100 properties per month raging in total value from $5,000,000 to $10,000,000 per month.
3. A gross profit margin of 15% yielding the company $750,000-$1,500,000 per month in gross revenues.
4. Estimated Pro forma expense ratio of 33%.
5. Estimated Pro forma Net Revenue of $12,000,000.00 - $24,000,000.00 per year.
Company Capitalization of Global Franchising Corp.:
1. Global Franchising will be capitalized with 100,000,000 shares outstanding.
2. Earning Per Share (EPS) estimate of $0.12 - $0.24 per share.
3. Estimated Pro Forma Growth Rate: 10% annually.
4. Estimated Pro Forma Multiple: 10x.
5. Estimated Pro Forma Share Price: $1.20 - $2.40 per share.
SSSU Shareholder Benefits:
1. A dividend of 30% of Global Franchising to the verified shareholders of SSSU owning 175,000 shares or more of SSSU on a record date to be announced.
2. Each shareholder owning 175,000 shares of SSSU will receive as a distribution one (1) share of Global Franchising Corp. valued at $1.20 - $2.40 per share for each 10 shares owned of SSSU.
Global 1 Private Equity Fund I, Inc. Capitalization and Rights Offering:
1. Global 1 Private Equity Fund I, Inc. owns 70,000,000 shares of Global Franchising Corp.
2. Global 1 Private Equity Fund I, Inc. 70.0 million shares pro forma value ($1.08-$ 2.14 ex dividend of GFC) $75.6 – $149.8 million.
3. Global 1 Private Equity Fund I, Inc. 10.0 million share capitalization.
4. Global 1 Private Equity Fund I, Inc. book value of $7.56 – 14.98 per share.
5. SSSU will own 50% of Global 1 Private Equity Fund I, Inc., 35,000,000 shares.
Rights Offering Plan:
Shareholders of SSSU owning 200,000 shares or more can purchase via a Right Offering Plan shares of Global 1 Private Equity Fund I, Inc. at a discount of 20% maximum of 50,000 shares.
Failure to Deliver and Short Positions:
1. All failure to deliver and short positions are deemed short a distribution of Global Franchising Corp. shares on a 1:1 basis for each share short and failed to be delivered.
2. Upon the consolidation of Global 1 Private Equity Fund I, Inc. on SSSU’s balance sheet, SSSU’s book value will increase by an estimated $1.15 per share.
Summary:
What we have done is to create value for our shareholders through a non-dilutive method of share appreciation and provide a comprehensive strategy of growth through mergers and acquisitions.
We are developing the Entertainment Tax Credit Financing Structure and estimate early November as the delivery date.
Each Reg. E Fund will have a similar structure and SSSU’s book value and equity price will reflect the consolidated assets.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control. The above analysis contains forward looking and pro forma statements and is considered estimates. The results contained in the statements have not occurred and there is no guarantee the results will occur. Factors affecting the results can cause the results to vary materially from the estimates and pro forma calculations. See our Form 10KSB for risk factors affecting our business.
Contacts:
Silver Screen Studios, Inc.
Barry Thomas, 404-255-0400
sssu@mindspring.com
Source: Silver Screen Studios, Inc.