EduLink, Inc. Announces Stock Trading Suspension by SEC
Thursday August 31, 10:12 am ET
NEW YORK, Aug. 31 /PRNewswire-FirstCall/ -- EduLink, Inc. (Pink Sheets: MYIQ.PK - News) announced today that the company's stock was suspended from trading by the SEC on Monday, August 28, 2006. The suspension as listed on the SEC website (www.sec.gov) will continue until September 11, 2006, and resulted from the company's failure to make certain financial filings. Since the acquisition of Mega Media Group, Inc and the change in management, the company has filed all of its current financial information in the 8-K filing on August 14, 2006.
The company's new management was not informed by the SEC of the pending suspension prior to the date it was made effective.
The information missing is from operations prior to the acquisition of Mega Media Group, Inc, which was not filed in a timely manner by the previous management of the company. The current management team is now working diligently to file all required documents with the SEC.
About EduLink, Inc.
EduLink, Inc. operates its business through its wholly-owned subsidiary, Mega Media Group. Inc; which is a multi-media holding company operating its business through its subsidiaries, Mega Media Studios, Inc; Mega Media Records, Inc. d/b/a Skelton Key Entertainment, Mega Media Film, Inc; Mega Media Sports Entertainment, Inc. and Echo Broadcasting Group, Inc. Mega Media Group focuses its business in mainstream entertainment and media and Russian ethnic media. These subsidiaries offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production and distribution, radio broadcasting and Russian ethnic programming.
Contact:
Mark Cohen-IR
5W Public Relations
212-999-5585 ext.244
e-mail: mcohen@5wpr.com
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Source: EduLink, Inc. |
