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

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To: Stephen Goldfarb who wrote (4422)8/24/1999 2:26:00 PM
From: Butch4327  Read Replies (1) of 5541
 
Maybe it is just me, but I seem to remember somebody mention that MVEE may try to involve itself in the distribution of movies over the web. On that note, I just came across an article done by the AP about the first movie slated for web distribution. . .

Filed at 1:41 p.m. EDT

By The Associated Press

LOS ANGELES (AP) -- Sightsound.com, which offers movies and
music for download over the Internet, said today it will offer one of the
first movies specifically produced for initial release on the World Wide
Web.

``The Quantum Project,' to be produced by Metafilmics, will be a
combination live-action and special-effects feature about quantum
physics, the Web and spiritual mystery, said producers Barnet Bain and
Stephen Simon.

The $3 million movie goes into production this year, they said. It will be
directed by Francis Glebas, who directed one of the segments of Walt
Disney's upcoming ``Fantasia 2000,' an update of the animated classic.

``We feel this is the latest example of the clear viability of the Internet as
a safe, secure and quality viewing experience for filmed entertainment,'
said Scott Sander, Sightsound.com president and chief executive officer.

Sightsound.com began offering digital music downloads in 1995 and
added movies this year. Its slate of films, which can be downloaded in as
little as 10 minutes depending on users' Internet hookups, include
``D.O.A.' starring Edmund O'Brien and director Ed Wood's B-movie
cult film ``Plan 9 From Outer Space.'

Founded in 1995, Metafilmics had as its first production the 1998 feature
film ``What Dreams May Come,' starring Robin Williams. It won an
Academy Award for best visual effects.
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