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Microcap & Penny Stocks : New Sky Communications (NSKY)

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To: myturn who wrote (2256)9/4/1998 12:10:00 PM
From: Retaylor  Read Replies (1) of 2601
 
To all:

I just received an email from Colleen Tiffany.

She reported that she spoke to Carl Reynolds this morning and things are going very well and that Carl Reynold's is very excited and optimistic, he is working very diligently on all of the projects. We will get a press release out to you soon, once things are fully finalized.

She also said that her phone service has been interrupted and she didnt know for how long, and to tell Donster that she will talk to him on Tuesday.

She said she will keep in touch with me. I will continue to post any further updates that I here from her.

Remember, when it comes to entertainment contracts they are quite complicated and delicate. You have many factors you are working with such as upfront advances payable to NSKY, Royalties from theatrical showings, distribution pertaining to video/cable/pay-per-view. Also distribution is not just Domestic but the foreign markets also, where they pay a non refundable advance for our movie (plus we will receive royalties from that, once they make over the amount that they paid for the advance feesl.

People, we are well on our way. Also with the meeting on Tuesday with the individual who Reason spoke of, they are setting themselves up nicely for the near and long term future.

Be patient and we will all be rewarded handsomely for our efforts.

Retaylor
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