Business
Empire Film Group Announces Aqusition of Tarsin Inc.
Empire Film Group Announces Aqusition of Tarsin Inc..
About this update from Tarsin Mobile Inc
[{"type":"text","content":"\n\n\n\nEmpire Film Group Announces Aqusition of Tarsin Inc.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEmpire Film Group Announces Aqusition of Tarsin Inc.\nPR Newswire\nWESTLAKE VILLAGE, Calif., July 17, 2014\n\n\n\nWESTLAKE VILLAGE, Calif., July 17, 2014 /PRNewswire/ -- The Board of Directors of Empire Film Group, Inc. (OTC Pink Sheets: EFGU) and the Board of Directors of Tarsin Inc. www.tarsin.com are pleased to announce they have unanimously agreed and reached definitive agreement to acquire Tarsin, Inc. This acquisition will help expand and further integrate Empire's digital film and media assets into Mobile Publishing and Wagering.\n\n\"We are excited to have Tarsin as part of the Empire Group. Tarsin has a rich history and proven track record in mobile publishing with over 12 years in business, published in 32 languages and 120 countries. Tarsin's parent Game2Mobile Inc. / Tarsin underwent a reorganization and consolidation in US Federal Bankruptcy court in the Northern District, San Jose California in 2014 therefore the acquisition is subject to approval of the US Bankruptcy Court as part of its plan reorganization. The acquisition will be in the form of a combination of cash and stock. Empire is content rich after 10 years in the film and digital media industry. The 2 entities compliment the business initiative going forward. I have had the unique experience over the past several years of being involved with both companies and working with the talented and experienced management teams,\" commented Mr. Joseph Cellura, Managing Director of Empire Film Group, Inc.\n\nEmpire Film Group, Inc. is a fully-integrated digital media, film and television production and distribution company with capabilities to reach theatrical, video, television, video-on-demand for the worldwide markets. Empire Sports Group, Inc. is a wholly owned subsidiary of Empire Film Group set up to develop, acquire, produce, market and distribute sports related entertainment properties in film, television and in various multimedia and digital environments.\n\nTarsinInc.,www.tarsin.com, t...