Thursday July 16, 3:45 pm Eastern Time
Company Press Release
SOURCE: Genesis Media Group, Inc.
Genesis Media Group, Inc., Announces the Acquisition of Octavia Entertainment Group, Inc.
CULVER CITY, Calif., July 16 /PRNewswire/ -- Genesis Media Group, Inc., (OTC Bulletin Board: GNNX - news), would like to announce the acquisition of Octavia Entertainment Group, Inc.
Octavia Entertainment Group, Inc. is a recording production studio that will greatly enhance Genesis's music production facilities and recording facilities.
Terms of the deal are as follows:
Don R. Logan, Chairman of Genesis Media Group, Inc., will use 75,000 of his personal shares in the company to pay for the acquisition, total guaranteed value of this acquisition is $250,000.00.
Safe Harbor Act Disclaimer:
The forward-looking statements in this release involve risk and uncertainties, including but not limited to the successful completion of the projects. Successful completion of these projects are subject to the number of uncertainties and unforeseen events. And there can be no assurances of the goals of the company stated herein may be realized.
Forward-looking statements represent the company's beliefs and expectations concerning future events. These forward-looking statements are qualified by important factors that could materially impact the company's business and its abilities to complete these projects. |