$PRPM The company has appointed Mr. Michael Ronchetti as our new Chaiman, effective immediately. All update have been submitted to otc markets and will be reflected within 48 hrs. "We greatly appreciate all that Mr. Vakser has done for our company and wish him the best with the expanded business plans at PBS Holding Inc., and 3D Entertainment Holdings Inc. Mr. Ronchetti is a dynamic individual who is goal oriented and will be an immense asset to our company and its shareholders," said Mr. Jeffries/CEO.