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Non-Tech : Firelight (FRL.V)

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To: Stew who wrote (148)2/27/2001 1:01:18 PM
From: SAM-DAN  Read Replies (2) of 240
 
Latest news release from Firelight.Things are heating up !!!

"Firelight videos progressing; first order received

Firelight Corporation FRL
Shares issued 8,592,571 Feb 26 close $0.58
Tue 27 Feb 2001 News Release
Mr. Brad Hope reports
The first three videos being produced as a result of the January shoot in the Bahamas will be completed by Wednesday, March 7. Firelight's producers, Convergence Film and Television, are extremely pleased with the footage
they captured and previews of work to date have revealed outstanding product is on the way. Although Firelight had anticipated that final versions of the tapes would be available on Feb. 19, additional material
has been added subsequent to the Bahamas shoot, which it is believed has added significantly to the overall content and marketability of the product. Accessing this extra material has caused the release date to be
put back to March 7, but in the opinion of the directors this slight delay
will be more than compensated for by the enhanced quality of the final tapes.
Now that orders for the product are firming up, a more reliable estimate of potential revenues can be formed, thereby providing in due course the input to construct a realistic and robust business plan.
Furthermore, ahead of the release of these videos Firelight has received its first initial order from the world's largest distributor of videos and related instructional golf products -- the Booklegger.
Numerous marketing and distribution deals are in various stages of negotiations and will be announced as they are completed."
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