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- SIGNET INTERNATIONAL HOLDINGS [SIGN:
OTCBB]
Palm Beach-Based Signet Acquiring Calif. Developer of 3-D TV
Technology
By citybizlist Staff May 28, 2010
PALM BEACH --
Signet 3-D Entertainment Inc., a subsidiary of Signet
International Holdings Inc. (OTCBB: SIGN), is acquiring Visual
3-D Impressions Inc. for an undetermined price in stock, according to
an SEC filing.
Palm Beach-based Signet, which plans to run a gaming and
entertainment TV network, said it signed a binding agreement that values shares
of the Santa Clarita , Calif. , company at $5 apiece. The exact
purchase price would be determined after an independent audit of Visual
3-D.
Visual 3-D Impressions develops technology used in three-dimensional
television.
Signet is led by Chairman and CEO Ernest
Letiziano.
Form 8-K filing: http://tinyurl.com/3xl3vwu
- SIGNET ANNOUNCES ACQUISITION OF
- MAJOR INDEPENDENT TV NETWORK,
AMG TV,
- WITH WORLDWIDE VIEWERSHIP
September 17, 2009 Ernest Letiziano, Signet's
Chairman announced the acquisition of Access Media, Inc. the
parent company of AMG TV, Pittsburgh, PA. Terry Elaqua, CEO of
Access, reports another consecutive year of growth in the Network.
AMG
TV is one of the fastest growing broadcast networks in the country,
delivering TV shows that highlight Adventure, Children's programming,
Sports, Home Life, and economic and financial up dates. The Network
also presents an assortment Music Specials, Dramas, Comedy Shows,
Health, Finance, How To, Travel and daily news round out its
24/7 program schedule. AMG TV currently holds over 2,000 titles
at its Pittsburgh library, 1,500 feature films at its Dallas
facility and over 500 music specials in New Jersey. The Network
recently expanded its market from the current 70 million TV Households
in the USA and the Caribbean, New Zealand, Germany, Central and
South America, and selected markets in Asia are coming soon.
"The opportunity to be associated
with Signet is just the step we need to further develop our operations."
says Terry Elaqua, "The public venue and Signet's business
savvy provide us with a promising future."
"AMG TV is a perfect addition
to our business model" says Letiziano, "we are proud
to welcome Terry and her talented staff to our company. Her straightforward,
honest approach to business is refreshing; a quality every Wall-Streeter
will appreciate. This strategic arrangement is the foundation
for all of our immediate and particularly our future plans."
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Signet
International Holdings, Inc. is a publicly owned corporation (SIGN:
OTCBB) who, through its subsidiaries, owns and operates television
distribution worldwide, and will produce sports and entertainment
programming. Signet's business plan is to expand its own worldwide TV
Network.
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Signet
International Holdings, Inc., ie, Signet, is a publicly traded
(SIGN), multi-faceted media
company.
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- Signet
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- to Your Living Room
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- Promised For US
- Signet Acquires TV Rights to Novel Tales
from the moe.Republic
- Company Info
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