SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: LT who wrote (1759)11/16/1998 8:21:00 AM
From: MoneyBaggs  Read Replies (2) | Respond to of 5541
 
**NEWS**

Monday November 16, 7:55 am Eastern Time

Company Press Release

1st Miracle Group to File to Become United States Reporting Company

NEW YORK--(BUSINESS WIRE)--Nov. 16, 1998--1st Miracle Group, Inc. (OTC: MVEE - news), parent company of
Magic Entertainment Inc., today announced that with the filing of its 1998 year end financial results, it will file a Form 10 in order to become a fully reporting U.S.
company with the Securities and Exchange Commission.

The Company further noted that it is currently a reporting company in Canada in the Province of Ontario and that all of its previous financial statements are certified.

Commenting on the announcement, Peter Benz, Chairman of 1st Miracle Entertainment, Inc., stated, ''We believe it is important that the Company become a full
reporting company in order to provide current and potential investors with the most accurate and up-to-date financial information as possible.''

1st Miracle Group, Inc. is the parent of Magic Entertainment, Inc., co-founded by Menahem Golan and Yoram Globus, which produces and distributes feature
length motion pictures.

Contact:

1st Miracle Group, Inc., San Mateo, Calif.
Peter Benz, Chairman, 650/340-1074
or
Rubenstein Investor Relations, New York
Jeffrey Volk, 212/843-8086