Sibling Sports Announces That M-1 Global Signs Fedor Emelianenko - The Renowned MMA Fighter!
October 23 2007 - 7:30AM
PR Newswire (US)
NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- Sibling Entertainment
Group Holdings, Inc. (OTC:SIBE) (BULLETIN BOARD: SIBE) ["Sibling
Holdings"] announced yesterday that an affiliate of Sibling
Entertainment Group, Inc., M-1 Global, LLC ["M-1 Global"] signed an
agreement with Fedor Emelianenko, widely regarded as the world's
best MMA fighter. "We are elated to have signed Fedor," says
Mitchell Maxwell, chairman of M-1 Global. "He is the consummate MMA
fighter. His record speaks for itself, at 26-1 he is the best
heavyweight fighter in the world. In addition, almost every major
MMA magazine and website has named Fedor the 'best pound for pound
MMA fighter' in the sport." Vadim Finkelchtein, Fedor's manager
says, "We're excited to be working with M-1 Global. This new
organization is committed to moving MMA into the mainstream
worldwide. M-1 Global respects Fedor's desire to represent Russia
in International Sambo Competitions and fully supports his
participation in these events." "Fedor has signed a two year
contract for six fights with a very attractive extension option,"
Finkelchtein said. As to compensation, Maxwell replied: "Fedor is
being paid commensurate with his status as the MMA greatest
fighter. I would be prepared to get in the ring with him for what
he is being paid. Of course in my case it would quickly become part
of my estate." Sherdog.com, a leading authority in the MMA world
exclaims: "A complete fighter, Fedor is known for his brilliance in
the ring, where he often appears so relaxed it's like he just woke
from a Sunday afternoon nap. Fedor mixes a vicious ground-striking
game with an active submission regimen along with the kind of
high-elevation takedowns that only the most dynamic fighters
possess. Having stood and gone to the floor with the best in both
areas, most pundits regard Emelianenko, the current PRIDE
heavyweight champion, to be the finest fighter on the planet."
Robert Rousseau ExtremeProSports.com writer raves: "So what happens
when you combine strength with elite fighting skills? In Fedor
Emelianenko's case, you get the Heavyweight Champion of Pride
Fighting Championships (PRIDE). In fact, many believe that he may
be the greatest martial artist in the history of the sport, a
terrifying brew of heart, technique, and astounding strength."
Richard Pauley, quoted on Foxsports.com explains: "It's the allure
of being labeled 'unbeatable' that draws people to that kind of
champion. Where would golf be without Tiger Woods and what happened
to basketball when Michael Jordan retired the first time? In MMA
there is this 'unbeatable' champion, Russian heavyweight Fedor
Emelianenko. Fedor is a mild-mannered stone cold fighter who is
versed in every aspect of the MMA game. He is considered unbeatable
by most which makes it all the more appealing to watch his fights."
"Not only is Fedor a great fighter, but he is a great ambassador of
Russian Sambo and a great role model. Fedor spends time working
with Russian orphan boys to help them learn life skills through
martial arts. He spends his own money to provide uniforms and
training for these children. He believes that respect for
authority, discipline, and athletic skills that these young boys
can learn from martial arts will help give them a meaningful
future," Maxwell said. "While Fedor is well-known by hard-core US
MMA fans, and MMA fans in Europe, Russia, and Asia, he is not as
well-known in the US," said Maxwell. "We have been working closely
with SFX Media & Events, one of the premier sports marketing
and management organizations in the world, to help us promote Fedor
in the US." Dennis Spencer, executive vice president of SFX Media
and Events, a Blue Equity Company, says, "Fedor Emelianenko is the
best fighter in the world. He has captured the imagination of MMA
fans, and we intend to create television and media platforms in the
United States and around the world that will showcase Fedor and his
unbelievable talent. Fedor will be the sport's first worldwide
superstar." "We have created a world-class organization to support
Fedor and we're anxious for the American public to meet and embrace
him," said Maxwell. M-1 Global held a press conference Monday,
October 22, 2007, at 5:30 PM. To view the press conference in its
entirety visit the M-1 Global website at http://www.m-1global.com/
and select the press conference link. Note to Editor: Sibling
Holdings previously entered into an Agreement of Acquisition and
Plan of Reorganization with Sibling Entertainment Group, Inc.
(hereinafter referred to as "Sibling"). The above-referenced
agreement provides for the acquisition of Sibling's subsidiaries:
Sibling Theatricals, Inc., (STI); Sibling Pictures, Inc., (SPI);
Sibling Music Corporation (SMC): and Sibling Properties, Inc.,
(SPPI). On February 9, 2007, the shareholders of Sibling Holdings
approved the above-referenced agreement, the closing of which is
subject to the filing, and effectiveness, of a Form S-4
registration statement with the SEC. The Form S-4 was filed on
August 14, 2007 by Sibling Holdings. About Sibling Entertainment
Group, Inc. Sibling Entertainment Group, Inc., a company filing
voluntarily with the SEC as a 1933 Securities Act company, is an
entertainment development and production company based in New York
City that finances, develops and produces plays and musicals for
the live stage, independent feature films and other entertainment
projects through four wholly-owned subsidiaries: Sibling
Theatricals, Inc., (STI); Sibling Pictures, Inc., (SPI); Sibling
Music Corporation (SMC); and Sibling Properties, Inc., (SPPI). We
seek to create synergies that will enable each subsidiary to build
off of one another's successes. For more information, access the
Sibling website at http://www.siblingentertainment.biz/. Contact:
Investors and Financial Media Bruce Nurse Investor Relations,
1-866-925-SIBE (7423), Email: Forward-Looking Statements We caution
readers that the statements contained in this release about our
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DATASOURCE: Sibling Entertainment Group Holdings, Inc. CONTACT:
Bruce Nurse of Sibling Entertainment, Investor Relations,
+1-866-925-SIBE (7423), Web site:
http://www.siblingentertainment.biz/
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