Players Network Engages Accounting and Legal Firm for Form 10 Filing
LAS VEGAS, Dec. 30 /PRNewswire/ -- Players Network (OTC Bulletin Board: PNTV) today announced that they have engaged the law firm of McDermott Will & Emery and the accounting firm of Friedman Alpren & Green to prepare and assist in the legal and accounting requirements for the Company's planned Form 10 filing with the Securities and Exchange Commission. The Company anticipates filing the Form 10 with the SEC in February to become a fully reporting company and satisfy the requirements for continued listing on the NASD OTC Bulletin Board.
McDermott Will & Emery, with eight U.S. offices and additional overseas offices, is one of the largest law firms in the country in terms of representation of publicly-traded corporations. Friedman Alpren & Green LLP, based in midtown Manhattan, was ranked 64th in Public Accounting Reports "Americas 100 Largest Public Accounting Firms." Friedman Alpren & Green is in the process of preparing an audit of Players Network's 1998 and 1999 financial results for the Form 10 filing.
Players Network is the first and only digital 24-hour gaming and entertainment network which specializes in producing customized television programming to serve the rapidly growing gaming industry. Players Network delivers its 24-hour television channel directly into hotel and casino guestrooms. The Company's format is designed to educate new players and promote casino games and activities. With 180 million people per year visiting U.S. casinos, the industry is now the largest form of participant entertainment in the world. Programming includes shows on basic gaming instruction, news, sports and racing, entertainment and tournaments. Players Network has launched a gaming and entertainment Internet portal which will incorporate Players Network programming and information worldwide on the Internet.
Visit Players Network's Web Site: playersnetwork.com
Included in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations reflected in such forward-looking statements will prove to have been correct.
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SOURCE: Players Network
CONTACT: Mark Bradley of Players Network, 702-895-8884; or Alan Woinski of Casino Journal Publishing Group, 201-599-8484 |
