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Microcap & Penny Stocks : Miracle Entertainment - MVEE

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To: CrazyTrain who wrote ()8/26/1999 2:23:00 PM
From: Mark McNewRead Replies (1) of 526
 
First Miracle Responds to Belfair International Ltd. and Golan Allegations
Business Wire - August 26, 1999 14:06

marketwatch.newsalert.com

WEST HOLLYWOOD, Calif--(ENTERTAINMENT WIRE)--Aug. 26, 1999--First Miracle Group Inc. (OTC BB:MVEE) Thursday announced that Anthony J. Cataldo, chief executive officer of First Miracle Group, has retained Daniel M. Petrocelli of Mitchell Silberberg & Knupp LLP in Los Angeles, to represent First Miracle and related parties in a lawsuit filed by Belfair International Ltd. and Menahem Golan.

In response to an Aug. 25, 1999 press announcement by Belfair and Golan's lawyer, Cataldo stated, "Mr. Golan's lawsuit is based on a complete distortion of the facts and has no merit whatsoever."

Cataldo promised that First Miracle vigorously will respond to the lawsuit and will file counterclaims against Belfair and Golan seeking substantial damages. "We look forward to our day in court," Cataldo said.

Contact: Daniel M. Petrocelli, Esq., Mitchell Silberberg & Knupp LLP, 310/312-2000.

CONTACT: First Miracle Group, West Hollywood
Anthony Cataldo, 310/360-7490
or
Coffin Communications Group, Sherman Oaks, Calif.
Sean Collins, 818/789-0100
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