Verde Media Group Inc., Signs LOI to Acquire an Equity Interest in Astrablu Media Inc.
June 29 2010 - 8:15AM
Business Wire
Verde Media Group Inc. (OTCPK: HMIT), has signed a letter of
intent to acquire an equity interest in Astrablu Media Inc.
(www.astrablu.com). Astrablu Media Inc. is a film and television
production company that produces, develops and distributes films
and television programming nationally and internationally. Astrablu
Media Inc. assets include a film library and a current slate of
highly commercial productions underway and in development.
Josi Konski, the President and CEO of Astrablu Media, Inc. and a
well-respected professional with an extensive track record in the
film industry, having made Motion Pictures for Columbia, Paramount,
Sony, Universal, New Century, Viacom (Showtime) as well as numerous
independent production companies. As a long standing member of the
Directors Guild of America, Mr. Konski has either Produced, Written
or Directed over 60 feature length Motion Pictures with such well
known actors as Robert Downey Jr., Claudia Schiffer, Burt Reynolds,
William Forsythe, Andy Garcia, Peter Weller, Robert Duvall,
Christopher Walken, Jennifer Jason Leigh, and many more.
(www.imdb.com/name/nm0465340)
William Veve, President of Verde Media Group Inc. stated, "The
opportunity to work with Mr. Konski again is extremely exciting.
Our new relationship will combine the strengths and assets of
Astrablu Media Inc. and Verde Media Group, Inc., together producing
and distributing commercially viable films and television series.
This is an important stable and logical step for Verde as we
maintain our growth strategy.”
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