To: Wayne Rumball who wrote (4924 ) 3/27/1999 1:09:00 PM From: BarbaraT Respond to of 13776
There was a lot of volume on MSHE Friday. This is a company I have been in a long time, and have to admit, have been losing my shirt as I bought this a very long time ago around $2. If the below has any merit, this could be a good play. How does one substantiate something like this. I would hate to average down if this is a hoax ... on the other hand, if it is true it could be a good play for those just entering and I might actually get my money out of it. Any suggestions on how to verify something like this? SOURCE: Pluto Australasia Pty Ltd Pluto Australasia Pty Ltd makes definitive offer to acquire MSH Entertainment Corp., seeking to form an entertainment/software powerhouse and conduct e-commerce on the Internet Sydney, Australia, March 25, 1999 – Pluto Australasia Pty Ltd announced today that it has made a definitive acquisition offer to the Board of Directors of publicly traded MSH Entertainment Corp (OTC Bulletin board: MSHE – news). Terms of the offer were not disclosed. Started by a team of venture capitalists, Pluto Australasia Pty Ltd specialises in the acquisition and development of companies leveraging its expertise in the sectors of finance, information technology, entertainment and e-commerce. MSH Entertainment, a family oriented, multi-platformed company with interests in animation, music and motion pictures has recently acquired AGE, a high profile entertainment and marketing firm known for its animation, theatre and television programming and for its creation and merchandising of a long line of successful toys produced by many of the world's largest toy manufacturers and marketers. MSH/AGE have ownership rights in the merchandising, toy lines and library of over 150 hours of animated and live-action programming including licensing agreements and patents for the "flex sensor" technology. In making the announcement, Kiarash Jahan, CEO of Pluto Australasia Pty Ltd stated: "Potential acquisition of MSH Entertainment will bring an interest in a valuable MSH/AGE library, a key property for exploitation on the Internet. The mix of Pluto's proprietary software and MSHE's JETHRO program are expected to create a software division servicing the entertainment industry worldwide." Pluto Australasia Pty Ltd potential acquisition and the expected financial infusion should benefit investors, as the combined entity will be able to quicker meet the requirements for listing on the NASDAQ. The purchase shall be subject to Pluto Australasia Pty Ltd due diligence examination of MSHE's financials, patents, trademarks, copyrights and licenses; as well as MSHE management's timely cooperation in providing the critical documents. The offer to purchase shall be subject to the rules and regulations of the US Securities and Exchange Commission. This news release includes certain statements that may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of important risks and uncertainties that could cause the contemplated transactions not to occur. For further information regarding this press release please contact Kiarash Jahan +1 305 228 6471 +1 305 608 7489 SOURCE: Pluto Australasia Pty Ltd</DIV></DIV> SIS