HOLLYWOOD, Calif.--(BUSINESS WIRE)--Sycamore Entertainment Group, Inc. (Pink Sheets:IMRX), is pleased to announce that it has successfully implemented several business strategies.
“As a relatively new feature film distribution and marketing company, our core objective involves swift reinforcement and broad communication to the industry, of our management team’s reputation as one of the most experienced and successful in the business,” stated Ed Sylvan, Chief Executive Officer of Sycamore. “To that end, and to refocus market attention on our core potential, we have, in a very short period of time, applied for a name and symbol change with FINRA, conducted business development meetings with industry leaders in Southeast Asia, retired $400,000.00 of debt and are currently exploring relationships that may give us access to significant Television rights,” he continued.
Currently, Sycamore offers first-class film distribution and marketing services and is in discussions with producers of some of the biggest and best film productions slotted to come to market in the near future. The company is actively seeking to enhance shareholder value by continuing to aggressively develop relationships with key producers and directors known to the company’s management team on an international level.
About Sycamore Entertainment Group. (PINK:IMRX):
Sycamore Entertainment is a publicly traded, diversified entertainment company that specializes in the acquisition, marketing and worldwide distribution of quality finished feature-length motion pictures. Sycamore’s management team has more than 50 years’ experience in the entertainment industry and utilizes its long standing relationships to provide market specific publicity, promotion, media buying, theatrical placement and Print and & Advertising financing for theatrical domestic release.
Forward-Looking Safe Harbour Statement This press release contains forward-looking statements that are made pursuant to the safe harbour provisions of the Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. By their nature, forward-looking statements and forecasts involve risks and uncertainties related to events dependant on circumstances that will occur in the near future. These statements involve known and unknown risks and uncertainties, which may cause Sycamore Films actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, but are not limited to, our ability to obtain rights to distribute and market films, product availability; demand and market competition, and access to capital markets. For a more complete discussion of the risks to which Sycamore Films is subject to please see our filings with the SEC, including our Current Report on Form 8-K filed May 21, 2010 and our Quarterly Report on Form 10-Q for the first quarter 2010. You should independently investigate and fully understand all risks before making investment decisions.