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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: guynice who wrote (3759)7/14/1999 11:50:00 AM
From: insight   of 5541
 
LOS ANGELES, Jul 14, 1999 (BUSINESS WIRE via COMTEX) --

 Company to Receive 50% of Worldwide Revenues

First Miracle Group announced today the August 27th nationwide
release of Universal Soldier, The Return starring Jean-Claude Van
Damme, Michael Jai White, Heidi Schanz, Kiana Tom and Daniel Von
Bargen. The film, to be distributed through Sony Pictures
Entertainment, will be shown in over 1,600 theatres in the US. As part
of First Miracle's recently announced exclusive development deal with
Van Damme's Long Road Films, all worldwide revenues generated by the
film will be shared on a 50/50 basis between the two entities.

Universal Soldier, The Return is the much anticipated follow-up to the
highly successful 1992 action film, Universal Soldier. The sequel
revisits Luc Deveraux (Jean-Claude Van Damme) who has survived his
experiences as a Universal Soldier, recovered, and is now working as a
technical expert on a government project to revive and improve the
Universal Soldier training program. When S.E.T.H. (Michael Jai White),
the supercomputer controlling the Soldiers, goes haywire and takes
over, Luc is the only one who can battle this elite team of deadly,
near-perfect warriors.

Commenting on the project, Mr. Van Damme stated, "We are extremely
excited about next month's nationwide release of Universal Soldier, The
Return, which we believe has the potential to do extremely well at the
box office given the tremendous success of the original Universal
Soldier film, coupled with the fact that we are able to release it just
in time for the always lucrative Labor Day weekend."

First Miracle Group, Inc., is an independent and diversified film
company with a unique corporate structure based on strategic and
exclusive alliances with high quality content producers, including Long
Road Films and Emmett/Furla Films. First Miracle Group (OTC BB: MVEE)
is a publicly-traded company.

Copyright (C) 1999 Business Wire. All rights reserved.
 -0-
CONTACT: Rubenstein Public Relations
 Clint Cantwell
 (212) 843-8051
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