NVXE News release.
(PR NEWSWIRE) DJ: New Visual Entertainment to Open NVX 3-D Theater in Mesq
DJ: New Visual Entertainment to Open NVX 3-D Theater in Mesquite
LOS ANGELES, June 17 /PRNewswire/ -- New Visual Entertainment, Inc. (OTC
Bulletin Board: NVXE) is pleased to announce that Si Redd, inventor of video
poker and owner of the 1000 + room hotel and casino "Si Redd's Oasis" in
Mesquite, Nevada has provided initial funding to develop an NVX Tru 3-D
theater in Mesquite. While Si Redd has owned the Oasis for many years, it's
just recently that the development in Mesquite has exploded around him.
With thousands of homes completed, thousands more under construction, and
six casinos already in operation, New Visual Entertainment feels very
fortunate to have the opportunity to develop the first 3-D theater in the
area. New Visual Entertainment's CEO, Ray Willenberg says, "Having a true
living legend such as Si Redd demonstrate his trust in us in this way, makes
everyone here at New Visual feel very proud."
For the continuing merger and acquisition strategy that New Visual has
embarked upon, Mesquite is a terrific location to bring together the new
partners in a working environment. Chris Condon along with director Herb
Lightman and his crew, currently in Belize under production on our 3-D
barrier reef film, Tim Kugland and STAR (ready to deliver the worlds first
simulcast closed circuit 3-D pay per view), and Rick Ducommun who's
preparing to kick off production of his 3-D feature film, are all very
excited about having another venue with which to demonstrate our products
and generate revenue.
New Visual Entertainment, Inc. is a true stereo 3-D production company that
specializes in 3D product development and distribution for special venue
theaters, home video broadcast, and theatrical markets by utilizing patented
technology for the creation and exhibition of three-dimensional media.
Safe Harbor Statement under Private Securities Litigation Reform Act of
1995: Statements in this news release looking forward in time involve risks
and uncertainties, including the risks associated with the effect of
changing economic conditions, trends in the product markets, variations in
the Company's cash flow, market acceptance risks, technical development
risks, seasonality, and other risk factors detailed in the Company's
Security and Exchange Commission filings.
/CONTACT: New Visual Entertainment, 888-639-8478, nvxe@newvisual.com/
07:30 EDT
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