Latest Crown City Pictures Inc (CCPI) Headlines
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Posted On: 03/09/2014 6:26:51 AM
Latest Crown City Pictures Inc (CCPI) Headlines
Novation Holdings' Subsidiary Signs Factory Direct Representative Agreement
Marketwire - Wed Oct 23, 7:45AM CDT
Novation Holdings, Inc. (OTCQB: NOHO), today announced that StarPoint USA, Inc., a wholly owned subsidiary of Crown City Pictures, Inc. which is in turn controlled 60 percent by NOHO, has executed a Factory Direct Representative Agreement with GP GreenPower Industries ("GPI"). The Agreement also appoints StarPoint USA as GP GreenPower's Exclusive Authorized Factory Direct Representative for the sale of GP GreenPower's EV350 and EV350-MC buses and other future models, currently for the States of Texas, Oklahoma, New Mexico, Louisiana, Mississippi and Puerto Rico. Additionally, StarPoint USA plans to obtain approval from the U.S. Government Services Administration ("GSA") to sell GPI buses to a wide range of GSA accounts. GPI's EV350-MC is an all-electric 48 passenger bus. GPI's EV350 is an all-electric transit bus incorporating lightweight battery packs providing for a range in excess of 250 kilometers (155 miles). "We are very excited to be working with GP GreenPower in the transit bus space where our vehicle sales and distribution expertise will align closely with their alternative fuel, eco-friendly transit buses, luxury motor coaches and other alternative fuel models we are cooperating on to have available in the future," said Ben Rainwater, President & CEO of StarPoint USA.
Novation Holdings (NOHO) Acquires Independent US Auto Distribution Network
ACCESSWIRE - Thu Jun 27, 2:18PM CDT
Boca Raton, FL, June 27, 2013 - (Eteligis via Accesswire) -- Novation Holdings (OTCQB: NOHO) today announced that it has the acquisition of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, SAC Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC has been transferred to Crown City Pictures, Inc. (OTC Pink: CCPI) in exchange for Series A preferred stock having voting power equal to 51 percent of the total voting power of all classes of stock, and is convertible at the election of the holder into 51 percent of the resulting outstanding common stock. Crown City Pictures, Inc., a Delaware corporation whose common shares trade on the OTC Pink markets under the symbol CCPI, is now a controlled subsidiary of NOHO.
Novation Holdings (NOHO) Announces Agreement to Acquire Assets of Independent US Auto Distributor
PR Newswire - Wed May 22, 3:16PM CDT
Novation Holdings (OTCQB: NOHO) today announced that it has entered into an agreement to acquire substantially all of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, StarPoint Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC then will be transferred to Crown City Pictures, Inc. (OTC Pink: CCPI), a controlled subsidiary of NOHO. CCPI is a publicly-traded company with its common shares listed on the Pink Sheets.
Crown City Pictures Announces Creation of $12.7 Million Entertainment and Production Fund
Marketwire - Wed Jan 23, 4:17PM CST
Crown City Pictures, Inc. (OTCBB: CCPI) announces that it has established an entertainment and production fund to be managed by the company and used to develop and promote unique entertainment content opportunities. The fund will operate as a limited liability company with Crown City as the managing member, for which it will receive a management fee as well as a share of profits from the entertainment opportunities which it funds. A commitment for a $7.7 million investment into the fund has been received already from Alexander Capital Equity, Inc., subject to completion of all regulatory requirements for the establishment and operation of the fund. The remaining $5 million in funding will be undertaken as a private offering to accredited investors as soon as the required offering materials have been prepared and all regulatory requirements have been met.
Novation Holdings' Subsidiary Signs Factory Direct Representative Agreement
Marketwire - Wed Oct 23, 7:45AM CDT
Novation Holdings, Inc. (OTCQB: NOHO), today announced that StarPoint USA, Inc., a wholly owned subsidiary of Crown City Pictures, Inc. which is in turn controlled 60 percent by NOHO, has executed a Factory Direct Representative Agreement with GP GreenPower Industries ("GPI"). The Agreement also appoints StarPoint USA as GP GreenPower's Exclusive Authorized Factory Direct Representative for the sale of GP GreenPower's EV350 and EV350-MC buses and other future models, currently for the States of Texas, Oklahoma, New Mexico, Louisiana, Mississippi and Puerto Rico. Additionally, StarPoint USA plans to obtain approval from the U.S. Government Services Administration ("GSA") to sell GPI buses to a wide range of GSA accounts. GPI's EV350-MC is an all-electric 48 passenger bus. GPI's EV350 is an all-electric transit bus incorporating lightweight battery packs providing for a range in excess of 250 kilometers (155 miles). "We are very excited to be working with GP GreenPower in the transit bus space where our vehicle sales and distribution expertise will align closely with their alternative fuel, eco-friendly transit buses, luxury motor coaches and other alternative fuel models we are cooperating on to have available in the future," said Ben Rainwater, President & CEO of StarPoint USA.
Novation Holdings (NOHO) Acquires Independent US Auto Distribution Network
ACCESSWIRE - Thu Jun 27, 2:18PM CDT
Boca Raton, FL, June 27, 2013 - (Eteligis via Accesswire) -- Novation Holdings (OTCQB: NOHO) today announced that it has the acquisition of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, SAC Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC has been transferred to Crown City Pictures, Inc. (OTC Pink: CCPI) in exchange for Series A preferred stock having voting power equal to 51 percent of the total voting power of all classes of stock, and is convertible at the election of the holder into 51 percent of the resulting outstanding common stock. Crown City Pictures, Inc., a Delaware corporation whose common shares trade on the OTC Pink markets under the symbol CCPI, is now a controlled subsidiary of NOHO.
Novation Holdings (NOHO) Announces Agreement to Acquire Assets of Independent US Auto Distributor
PR Newswire - Wed May 22, 3:16PM CDT
Novation Holdings (OTCQB: NOHO) today announced that it has entered into an agreement to acquire substantially all of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, StarPoint Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC then will be transferred to Crown City Pictures, Inc. (OTC Pink: CCPI), a controlled subsidiary of NOHO. CCPI is a publicly-traded company with its common shares listed on the Pink Sheets.
Crown City Pictures Announces Creation of $12.7 Million Entertainment and Production Fund
Marketwire - Wed Jan 23, 4:17PM CST
Crown City Pictures, Inc. (OTCBB: CCPI) announces that it has established an entertainment and production fund to be managed by the company and used to develop and promote unique entertainment content opportunities. The fund will operate as a limited liability company with Crown City as the managing member, for which it will receive a management fee as well as a share of profits from the entertainment opportunities which it funds. A commitment for a $7.7 million investment into the fund has been received already from Alexander Capital Equity, Inc., subject to completion of all regulatory requirements for the establishment and operation of the fund. The remaining $5 million in funding will be undertaken as a private offering to accredited investors as soon as the required offering materials have been prepared and all regulatory requirements have been met.
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