Medical Media Television (CE) (USOTC:MMTV)
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AFMN, Inc. (Pink Sheets:AFNN), announced today that the
Company changed its name to The Motion Picture Group, Inc. (Pink
Sheets:MPRG) to better reflect the new focus of the Company.
In November 2005, AFMN, Inc. closed a merger transaction with
Medical Media Television, Inc. (OTCBB:MMTV) wherein AFMN, Inc.'s only
operating business was sold in exchange for 19,415,626 shares of MMTV
common stock which shares are being held in trust pending further
distribution on a one-for-one basis.
On January 31, 2006, shareholders holding a majority of the
outstanding shares of the Company voted to (i) change the company's
name from AFMN, Inc. to The Motion Picture Group, Inc., (ii) change
the Company's state of incorporation from AFMN, Inc. to The Motion
Picture Group, Inc., (iii) approve new Bylaws, (iv) elect Henri
Kessler, Pliny Porter, and Scott Franklin as new members of the Board
of Directors, (iv) and approve a 1:20 reverse split of the Company's
issued and outstanding shares of common stock with an effective date
of February 23, 2006.
With the opening of trading today, the reverse split will be
effective and the new trading symbol will be MPRG. Shareholders are
not required to submit their current stock certificates for
reissuance.
The Motion Picture Group, Inc. ("TMPG") is a media company created
by founders Henri Kessler, Scott Franklin, and Pliny Porter to meet
the needs of the international entertainment industry. TMPG will
finance and produce commercially driven motion pictures for the
domestic and international arenas. Collectively, the TMPG management
team has produced and/or developed under their tenure over 25 titles
that have earned global revenues of over $1 billion. In addition, they
received the Sundance Grand Jury Prize, Cannes Camera d'Or and were
nominated for Academy Award for Best Foreign Film.
The corporate offices of The Motion Picture Group, Inc. are
located at 447 Rugby Road, Brooklyn, New York 11226. Questions may be
directed to Henri Kessler, President at (917) 449-2151 or emailed to
info@themotionpicturegroup.com.