Modern records signs on new general manager
Modern Records Inc MZR
Shares issued 27,454,114 Jan 15 close $0.14
Tue 16 Jan 2001 News Release
Mr. Johan Grandin reports
Modern Records reports that Mr. A. Grant Allan, has joined the company as
general manager. Mr. Allan brings with him over 30 years of venture capital
experience including, company start up and turn around, through which he
has been involved in raising, managing and investing over $600-Million
(U.S.) in the entertainment industry.
Mr. Allan has extensive entertainment industry background. He began his
career in the entertainment industry as director of advertising and public
relations for CBS musical instruments (Fender Guitars, Rogers Drums,
Fender/Rhodes Pianos). Grant Allan was also one of three key management
executives who built Cochrane Chase and Co., one of Southern California's
largest independent advertising, marketing, research and public relations
agencies. Mr. Allan later founded the Beacon Group. As president and chief
executive officer, he led a team of people who raised, invested and
successfully managed a $200-Million (U.S.) motion picture investment fund
that invested funds in such movies as Terminator II, Total Recall (starring
Arnold Swartzenegger), as well as LA Story staring Steve Martin. The fund
also invested in television series such as The X-Files and The Commish. Mr.
Allan continues his involvement with the Beacon Group as chairman of the
board.
Mr. Allan will relocate to Los Angeles as a full-time consultant, he will
take control of the day-to-day operations of Modern Records in the
company's important transition phase.
WARNING: The company relies upon litigation protection for
"forward-looking" statements.
(c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com |
