LOS ANGELES--(Business Wire)--
Family Room Entertainment Corporation (OTCBB:FMYR), is pleased to
announce that its 1 to 200 reverse split becomes effective Friday,
February 29, 2008. Simultaneously effective, Family Room
Entertainment's trading symbol shall be "FMYR."
About Family Room Entertainment:
Family Room Entertainment Corporation, with its subsidiaries,
Emmett Furla Films Productions ("EFFP"), Emmett Furla Films
Distribution ("EFFD") and EFF Independent ("EFFI"), is a publicly held
company trading on the NASDAQ Bulletin Board under the symbol "FMYR."
Family Room Entertainment develops, produces and performs production
related services for the entertainment industry. Family Room
Entertainment's goal, through EFFI and EFFP, is to facilitate
relationships (and as such, provide production related services)
between creative talent (including writers, actors and directors) and
companies who produce, finance and distribute motion pictures. FMLY
derives its income from producer fees, production consulting and
service fees and royalties as well as participation in the profits, if
any, of certain of the pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe
that they have the expertise and contacts within the entertainment
industry, specifically in the competitive development, production and
distribution arenas, to profitably acquire content, package product by
adding value to the content with top quality talent and arrange with
third parties to produce and finance motion pictures which are in the
moderate to higher level budgets, which can be distributed by those
with the expertise to effectively do so to a mass worldwide audience.
However, there is no assurance that any motion picture, which has not
yet been released, will be released, that a change in the scheduled
release dates of any such films will not occur or, if such motion
picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are
not historical facts, are forward-looking statements as that are
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to risks and uncertainties,
which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 (the
"ACT"). In particular, when used in the preceding discussion, the
words "plan," "confident that," "believe," "expect," "intend to" and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the ACT and are
subject to risks and uncertainties, and actual results could differ
materially from those expressed in any forward-looking statements.
Such risks and uncertainties include, but are not limited to, market
conditions, competitive factors, the ability to successfully complete
additional financings and other risks.
Family Room Entertainment Corporation
IR Contact:
M. Dal Walton, III, 323-993-7317
ir@fmlyroom.com
Copyright Business Wire 2008
