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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."

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.

 

Signet International Holdings, Inc., ie, Signet, is a publicly traded (SIGN), multi-faceted media company.
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