Business
DM PRODUCTS ESTABLISHES DIVISION IN FILM INDUSTRY.
DM PRODUCTS ESTABLISHES DIVISION IN FILM INDUSTRY..
About this update from New Asia Holdings, Inc.
[{"type":"text","content":" May 1, 2012 - DM Products, Inc. OTCQB (DMPD) (www.dmproducts.biz), announced today it has formed a new subsidiary, Elk Films, Inc., for the purpose of creating an independent motion picture company specializing in film production and distribution in both domestic and international markets. “We were presented with an opportunity to aggressively compete in the ever growing film industry,” said Kurt Cockrum, President and Chairman of DM Products, Inc. “After a significant period of market research, and meeting with top level personnel willing to partner with us, we are excited to make this announcement.” In North America, the film industry generated $40.8 billion this year and is anticipated to generate $50.3 billion a year by 2016, a growth of almost 20%. Worldwide profits are expected to leap from $88.8 billion to $113.1 billion, indicating an even more rapid rate of development. “We will be releasing information concerning the management team being formed to run the film division in the very near future. I am sure our shareholders will be impressed with the credentials surrounding the individuals we have selected.” Cockrum added. “This fits in perfectly with our vision of expansion and diversification. We hope to launch our first film by year’s end.” DM Products, through its wholly owned subsidiary, Direct Success, Inc., currently develops, finances,produces, markets, and distributes unique and innovative health, beauty, fashion, fitness andother products for sale through infomercial marketing and distribution channels. This press release includes certain statements that fall within the definition of “forward-lookingstatements” under the Private Securities Litigation Reform Act of 1995. Any such statements aresubject to risks and uncertainties, overall economic and market conditions, competitors’ andclients’ actions, and weather conditions, which could cause actual results to differ materiallyfrom those anticipated. Accordingly, such statements should be considered in light of theserisks. Any prediction by DM Products is only a statement of management’s belief at the time theprediction is made. There can be no assurance that any prediction, once made, will continue thereafter to ref...