Take it for what its worth!!
0/04 07:18 ENTERTAINMAX Buys Interest in Gateways to Space
ENTERTAINMAX Buys Interest in Gateways to Space
ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 4, 1999--Orlando-based ENTERTAINMAX
Inc. announced Monday it has purchased a large block of shares in Gateways to
Space (OTC BB:GWTS) from the Karabochos family, company founders and major
shareholders.
"We've purchased this interest in Gateways to Space because we believe in its
products and message," said Chuck Weber, chairman of ENTERTAINMAX. "We at
ENTERTAINMAX feel confident in the future of this company and works yet-to-be
produced have potential when presented correctly to the marketplace."
Weber said ENTERTAINMAX is in the process of bringing GWTS back into
compliance with Securities and Exchange Commission regulations.
ENTERTAINMAX was founded to manufacture, publish and distribute music and
films. The company owns licensing rights to film classics featuring such stars as
John Wayne, Shirley Temple and Abbott and Costello among others.
ENTERTAINMAX also holds worldwide rights to music from such artists as Nat King
Cole and Frank Sinatra.
ENTERTAINMAX is also the parent corporation of eMAX Inc., a multi-level,
technology-driven organization founded in 1991 that operates from four groups:
eMAX software, eMAX Music, eMAX Video and eMAX Communications. Weber, with
his wife Roxanna who serves as chief financial officer, has grown the company and
its assets to include a wide range of mediums focusing on the production and
global distribution of high-quality family entertainment.
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