ACME Sports & Entertainment Inc. Retires 27 Million Shares of Stock

CHERRY HILL, N.J., Oct. 2  /PRNewswire-FirstCall/ -- ACME Sports & Entertainment Inc. (Pink Sheets: ASEN) has retired 27 million shares of its common stock; this is step one to achieve added Shareholder value to the Company and its shareholders.

The Company's new Executive Management team strives on building growth through acquisition and strategic marketing plans on its new product lines. The Company has also initiated selling territories to market and distribute its product lines nationally.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements.  Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management.  The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties. 

DATASOURCE: ACME Sports & Entertainment Inc.



CONTACT:  Thomas Kozlowski, CEO of ACME Sports & Entertainment Inc.,

[phone]

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