Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
/s/
George
Furla
Director,
Chief Executive
Officer, February
29, 2008
George
Furla President
and Chief Accounting Officer
/s
/ Randall
Emmett
Director,
Chief Operating
Officer February
29, 2008
Randall
Emmett Assistant
Secretary
/s/
Tony Cataldo
Director
February
29, 2008
Tony Cataldo
FAMILY
ROOM ENTERTAINMENT CORPORATION
1438
North Gower Street Box #68; Building #35 Suite #555 Hollywood, CA
90028
(
323-993-7310
(PHONE)
2
323-993-7315
(FACSIMILE)
IR
Contact: M. Dal Walton, III
Phone:
323-993-7317
Email:
ir@fmlyroom.com
DRAFT FOR
RELEASE
For
Immediate Release: Thursday, February 28, 2008
Family
Room Entertainment Completes Reverse Split and Gets New Symbol
Los
Angeles
,
CA
(
February 28, 2008
)
–Family
Room Entertainment Corporation (NASDAQ OTC BB: 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 is 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.
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