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Alternative Entertainment, Inc. Retains M&A West, Inc. for Financial Public Relations and Corporate Finance Consulting
LA JOLLA, Calif., Oct. 27 /PRNewswire/ -- Alternative Entertainment (OTC Bulletin Board: BOYS - news) announced today that it has retained the services of M&A West Inc., to create and provide a financial public relations campaign.
According to Ralph Amato, CEO of Alternative Entertainment, ''We are pleased to announce the addition of M&A West, Inc. to the Alternative Entertainment team. M&A West's contacts within the industry sector will enhance Alternative Entertainment's plans for strategic mergers and acquisitions.''
Alternative Entertainment, Inc. (the ''Company'') has positioned itself as an Internet aggregator and a wholesale distributor of media content to the Adult Entertainment Industry. Specifically, as a virtual Internet content provider of advanced online media for E-Commerce on Adult Internet Sites. Additionally, the Company plans to acquire, develop and operate Upscale Gentlemen's Clubs. Its first club, a 15,000 square foot facility in San Francisco, will be open in January 1999. The clubs will provide a portion of the Adult Content that will be distributed through Webmasters to the more than 45,000 adult Internet sites. On line Adult Internet Sites exceed $1.2 Billion in annual subscription revenues with margins as high as 70%. In 1996, Adult Internet E-Commerce transactions represented the single largest segment of Internet revenues (60%).
The Company has an extremely strong management team comprised of several key executives from the Gentlemen's Club Industry. The management team has over 100 years of combined knowledge of the Industry.
For more information on Alternative Entertainment, please visit, www.boysir.com.
M&A West Inc. provides financial public relations and investment banking consulting for micro and small-capitalization companies.
Financial Statements in this press release (if any) other than historical facts are ''forward-looking'' statements with the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.
SOURCE: M&A West Inc.
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