1st Miracle Announces Production Deal for 'Out On My Feet' Starring Robert
DeNiro
Martin Landau Joins Board of Directors
LOS ANGELES, April 6 /PRNewswire/ -- 1st Miracle Group, Inc.
(OTC Bulletin Board: MVEE), an independent and diversified movie production
company, today announced that it has reached an agreement to produce "Out On
My Feet" the highly sought after drama based on the double life of Vinnie
Curto, former Cruiser Weight champion of the World and organized crime
enforcer.
Robert DeNiro will be featured as Angelo Dundee, Curto's trainer and Barry
Primus ("Mistress") will direct the $18 million production which is scheduled
to begin filming in Los Angeles in September. The production is based on the
script penned by Curto and veteran Hollywood writer Larry Golin ("Rocky
Marciano").
The film will be produced by 1st Miracle Chairman and CEO Tony Cataldo,
and Richard Abramson ("Pee-wee's Big Adventure"). Oscar winner Martin Landau
("Ed Wood"), who has joined 1st Miracle's Board of Directors, will serve as
Executive Producer.
"We are committed to producing high quality films with feature stars.
This deal signifies the level of talent and quality material we are now able
to attract. We look forward to leveraging our financing deals to further our
goals of being a top entertainment company," said Tony Cataldo, CEO of
1st Miracle Group.
Additionally, 1st Miracle has arranged off balance sheet financing for the
picture and will utilize its previously announced Prints and Advertising
arrangement to provide over $13 million in further "off balance sheet" monies
to support the marketing of the film in North America.
This statement includes forward-looking information as that term is
defined in the Private Securities Litigation Reform Act of 1995, and,
therefore, is subject to certain risks and uncertainties. There can be no
assurance that the actual results, business conditions, business developments,
losses and contingencies and local and foreign factors will not differ
materially from those suggested in the forward looking statements as a result
of various factors, including market conditions, competition, advances in
technology and other factors.
SOURCE 1st Miracle Group, Inc.
-0- 04/06/2000
/CONTACT: Stuart Fine of Rubenstein Investor Relations, Sfine@rir1.com,
212-843-8092, for 1st Miracle Group/
(MVEE) |
