NEWS OUT: ** MVEE ** signs Billy Crystal to deal and MM's still playing. LOL! This is a crazy market.
1st Miracle Acquires Rights to 'Funny $ Money'; Hit English Play to
BeginFilming in Summer and to Star Billy Crystal
LOS ANGELES, Mar 16, 2000 /PRNewswire via COMTEX/ -- 1st Miracle Group, Inc.
(OTC Bulletin Board: MVEE), an independent and diversified movie production
company, today announced that it has secured production rights to the hit
British show, Funny $ Money.
Funny $ Money, will start production this summer. The hit play on which the
movie is based ran in London's west end for over two years as well as successful
runs in Paris, Scandinavia, and Spain.
"FUNNY MONEY represents a golden opportunity representing the first of our five
picture deal coinciding with the $125 million Prints & Advertising deal with
Reliance Insurance Company. This project makes for an exciting transition of a
successful international play into a successful international movie."
The production budget for the film is just under $20 million and will be an off
balance sheet fully financed movie. Directing the film will be Leslie Greif who
adapted the play for the film. Mr. Greif is Producer of Walker Texas Ranger.
About 1st Miracle Group
1st Miracle is an independent film production company focused on the development
of full length features in a number of popular genres, including comedy, action
and drama. Currently the company has six completed films, including After Sex,
starring Brooke Shields and Speedway Junky, starring Darryl Hannah and Jonathan
Taylor Thomas. In preparation for Internet applications the company fully
digitizes all of its current productions.
This statement includes forward-looking information as that term is defined in
the Private Securities Litigation Reform Act of 1995, and, therefore, is subject
to certain risks and uncertainties. There can be no assurance that the actual
results, business conditions, business developments, losses and contingencies
and local and foreign factors will not differ materially from those suggested in
the forward looking statements as a result of various factors, including market
conditions, competition, advances in technology and other factors.
SOURCE 1st Miracle Group, Inc. |
