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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: deep_rough who wrote (4066)	8/9/1999 11:47:00 AM
From: Tim Davies	Respond to of 5541

this is eini ves LOS ANGELES, July 15 /PRNewswire/ -- The Entertainment Internet, Inc. (OTC Bulletin Board: EINI), together with its wholly owned subsidiary, CastNet.com, Hollywood's leading online casting service, announced today several changes in its management structure. In order to follow its strategic plans, The Entertainment Internet is pleased to announce that Mr. Mohamed Hadid is the new Chairman, and the current Board of Directors has unanimously approved Tony Cataldo as President of CastNet.com. The Entertainment Internet, Inc. Chairman Mohamed Hadid The Entertainment Internet's New Chairman, Mr. Mohamed Hadid, is also Chairman of Sector Communications, Inc. and Vice-Chairman of First Miracle Group, Inc. Additionally, Mr. Hadid serves as Chairman of Hadid Development Company and is Managing Director of Emerald Capital Corporation. He also holds a number of senior management positions with a portfolio of companies, including Founding Co-Chairman of Global Communications Group (www.usagl.com), and Co-Founder and Director of Voice Powered Technology. Mr. Hadid formerly was the largest single owner of the Ritz Carlton Hotels, with properties in Aspen; Washington, DC; Houston and New York. He has been responsible for the development of over seven million square feet of commercial office buildings in the greater Washington, D.C. area, with the total value estimated in excess of $2.7 billion U.S. dollars. A former Director of Adams National Bank and Advisory Board Director of National Enterprise Bank, Mr. Hadid was responsible for structuring over $200,000,000 in financing for smallcap and emerging public companies. Mr. Hadid earned a bachelor's in science from North Carolina State University and attended graduate school at the Massachusetts Institute of Technology. The Entertainment Internet's CastNet.com President Tony Cataldo Mr. Cataldo is CEO of First Miracle Group, Inc, an independent and diversified film company with a unique corporate structure based on strategic and exclusive alliances with high quality content producers, including Long Road Films and Emmett/Furla Films. As part of First Miracle's recently announced exclusive development deal with Jean Claude Van Damme's Long Road Films, all worldwide revenues generated by the film will be shared on a 50/50 basis between the two entities. Invaluable Contributions Paul Kessler and Thom Mount, former Co-Chairs of The Entertainment Internet, are embarking on other exciting new ventures (including the Los Angeles Film School, www.lafilm.com). Thom Mount, former President of Universal Pictures and current President of the Producers Guild of America, remains an active and renowned member of the Company's Board of Directors. Rod Pyle, former President of CastNet.com, has resigned to pursue new challenges. The Entertainment Internet's current Chairman Mohamed Hadid, the Board of Directors, and CastNet.com thank them for their invaluable contributions and wish them well in their future pursuits. looks good tim