Lion Capital (NASDAQ:LCHIE)
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Lion Capital Holdings Completes Initial Round of Financing for
Media International Concepts
Media International and Lion Capital Close Initial 504 Offering
GLENDALE, Calif., June 2 /PRNewswire-FirstCall/ -- Media International
Concepts, Inc. (OTC Pink Sheets: MEIC) an advertising and entertainment
production company, and Lion Capital Holdings, Inc. (OTC:LCHIE) (BULLETIN
BOARD: LCHIE) , a boutique consulting firm, today announced the completion of
Media International's initial Private Placement. The firms did not disclose
the level of funding provided.
"We're delighted Lion Capital has completed this offering so quickly, and we
look forward to working with them on any and all future funding endeavors,"
said Michael Marcovsky, Chief Executive Officer of Media International
Concepts, Inc. "To know there are companies like Lion Capital who are willing
and capable of raising funds for emerging companies is very refreshing in the
present economic environment. We have been extremely impressed with Lion
Capital and feel fortunate to have established such a positive working
relationship with them." Further details are available on Media's web site at
http://www.mici.tv/ .
"We are pleased to announce the successful closing of Media International
Concepts initial offering. We are further pleased to note that this funding
event was fully subscribed to by our own group of accredited shareholders. We
anticipate Media International Concepts will continue to execute on its
business plan, and we look forward to providing additional funding for them as
they continue to grow," said Tim Page, CEO of Lion Capital. "This initial
funding will provide Media International Concepts with adequate early stage
working capital, while enabling them to comfortably meet all the requirements
necessary to obtain an initial public listing on the OTC Pink Sheets." Further
details are available on Lion's web site at http://www.lioncapitalholdings.com/
About Lion Capital Holdings, Inc.
Lion Capital Holdings is a boutique consulting firm providing funding
alternatives to private micro-cap companies by transitioning them to publicly
traded status. As consultant and facilitator, Lion Capital offers a
comprehensive suite of services and assists its clients with all aspects of
corporate and SEC governance, business development, access to capital markets,
corporate finance, equity lending, market development, and investor and
shareholder relations. Further details are available on Lion's web site at
http://www.lioncapitalholdings.com/
About Media International Concepts, Inc.
Media International Concepts, Inc. acquires and operates advertising,
entertainment, educational programming and production companies. MEIC creates
synergies by exploiting both traditional and emerging distribution channels.
MEIC is being positioned to be on the leading edge of the industry by providing
entertainment and information through fixed wireless broadband. Further details
are available on the company's web site at http://www.mici.tv/
For further information please contact:
Investor Relations Timothy Page
Trevor Langley Lion Capital Holdings, Inc.
Millenium Capital Advisors, LLC
512-617-6351 (voice)
818-348-3355 (voice)
DATASOURCE: Media International Concepts, Inc.
CONTACT: investor relations, Trevor Langley of Millenium Capital
Advisors, LLC, +1-818-348-3355, or , for Media
International Concepts, Inc.; or Timothy Page of Lion Capital Holdings, Inc.,
+1-512-617-6351, or
Web site: http://www.mici.tv/
http://www.lioncapitalholdings.com/