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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 299.83+0.2%3:15 PM EST

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To: Stock Watcher who wrote (12015)7/8/1999 1:12:00 PM
From: Katt-000  Read Replies (1) of 52051
 
EBLD update...
Need those #'s for $$$'s
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Thursday July 8, 7:00 am Eastern Time

Company Press Release
SOURCE: Entertainment Boulevard, Inc.
Entertainment Boulevard Provides Update to Its Shareholders

MARINA DEL REY, Calif., July 8 /PRNewswire/ -- Entertainment Boulevard,
Inc. (OTC Bulletin Board: EBLD - news) host of streaming content programming via the Internet, has issued the following update to its shareholders:

Effective immediately, Stephen Brown, President and CEO of Entertainment Boulevard has moved its investor relations in-house on an interim basis.

The audit, which is being performed by Singer, Lewak, Greenbaum & Goldstein, LLP, is nearing completion. The delays have been due to problems with acquiring documents from the original public company, Sedmet Exploration, Inc. These problems are nearing a resolution, and the financial portion of the audit, which represents the bulk of the audit, is complete. Entertainment Boulevard appreciates the continuing patience of its investors.

Entertainment Boulevard continues to be one of the premiere online entertainment content providers. Because Entertainment Boulevard has many major partnerships and alliances in place and more in development, the company feels that it will be more than successful in achieving its goals.

Forward looking statements in this press release are made pursuant to the ''Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, the continued popularity of the Company's websites and product orders stemming therefrom, increased levels of competition, technological change, dependence upon third party suppliers, and other risks.


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