Big Screen Entertainment Group announces new trading symbol “BSEG”
The Board of Directors of Beverly Hills Film Studios (BVHJ-OTC) announced today that the Company has initiated a name and brand repositioning change along with a new stock trading symbol BSEG effective Friday, April 1, 2005.
Introducing the new corporate identity, studio head Kimberley Kates stated, “Consistent with the restructuring that began late last year and the major internal changes already implemented within the Company, we have selected a new name intended to better reflect the Company, its business strategy and direction. This change is also intended to differentiate the present operations and management team going forward from what went on before. The Company will now be known as BIG SCREEN ENTERTAINMENT GROUP, INC. We have a new trading symbol (BSEG) effective April 1st and the new website is www.bigscreenentertainmentgroup.com.”
Ms. Kates added, “Once a corporate identity becomes well known and holds a large following – as we do with our shareholder base and within the entertainment industry – the decision to make a major change to the name and brand must be carefully considered. However, given the complete restructuring of the management team, the board, and our corporate strategy going forward, we felt it important to transform the Company’s identity as well. Requests were received from our shareholder base along with recommendations from others for such a change. We appreciate and are counting on the continued support of our shareholders as we continue with the re-vitalization and the building of a dynamic and growing business with a share price that reflects that growth. We ask that our shareholders help us spread the word of the Company’s transformation and new identity to help insure maximum continuity and facilitate an orderly and effective transition.”
Source:
Big Screen Entertainment Group
