STBV New$ OUT! Strategic Global Investments Signs
Post# of 144491
Marketwired Strategic Global Investments, Inc.
18 minutes ago
CARLSBAD, CA--(Marketwired - Sep 8, 2014) - Strategic Global Investments, Inc. (OTC Pink: STBV) (PINKSHEETS: STBV) is pleased to announce that the Company signed a Memorandum of Understanding (MOU) with Television101 for the purchase of the Company for a combination of cash and stock on September 5, 2014.
Strategic Global and Television 101 have initiated the Due Diligence process and expect to have the process completed within 30-45 days. The congruent nature of the synergies between the Companies makes the acquisition a mutually advantageous venture.
"The team at Television101 could not be happier about this opportunity. The relationship with Strategic has always been symbiotic in nature. Our goals, direction, and timing, align; making this decision a logical one. We have a whole host of projects and marketing prospects that have been presented to us, and teaming up with Strategic to propel these opportunities just made perfect sense," stated Jeff Orsa, Producer, Partner, Director and Cinematographer of Television 101.
"This is a very exciting undertaking. We anticipate that this relationship will yield in significant advancement; not only in our reach into the Marijuana marketplace, with 'The Collective' being taken to market, but also in our potential for growth into other realms of the entertainment industry. We believe this will be a very good move in light of our purpose to expand in entertainment as well as our focus on strengthening our bottom line," stated Andrew Fellner, CEO of Strategic Global Investments.
About Strategic Global Investments: Strategic Global Investments is a company engaged in providing its customers with various venues to reach their target audience with on demand programming or advertising through Wazillo.com and WazilloMedia.com. WazilloMedia.com is involved in the production of videos for customers and consumers permitting the use of the Company's state of the art studios to produce their own videos and the use of a website where subscribers can make available live, streaming video for their potential audience. The Company produces Internet content, taped video shows, in their state-of-the-art studios in San Diego, California, where the productions can be stored and replayed on Demand 24/7 through the Company's cutting edge Content Management System. For more information visit our website at: www.strategicglobalinvestments.com
About Television 101: television 101 consists of an eclectic team of skilled writers, directors, producers, cinematographers, and editors that develop and produce cutting edge film, television shows, and commercial spots that are compelling, entertaining, and at times amusing. Projects currently in production or development are Academy Award nominated screenwriter, Krzysztof Kieslowski Documentary feature, Krzysztof Piesiewicz's "Love," a drama feature, "Reel Guerrillas," a comedy feature, Television series, "Greed," "Two Dope Detectives," "Granola Heads," "No Man's Land," and "Rebecca's Coast," a variety of television pilots (both scripted and documentary/reality), long and short form commercial productions, and multimedia/internet programming. television 101 LLC is a Limited Liability Company and is headquartered in Hollywood, California. For more information visit: http://www.television101.net/what.html
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Media Relations
Andrew Fellner
858 384-9628
Website: http://www.strategicglobalinvestments.net/
E-mail: Andy@wazillo.com
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