Business
Providence Film Group, a Valiant Eagle Inc. (OTC:PSRU) Subsidiary, Designs Their State-Of-The-Art Studio and Valiant Eagle Inc. Provides An Update On The Acquisition Of Majority Control Of The Americ
Providence Film Group, a Valiant Eagle Inc. (OTC:PSRU) Subsidiary, Designs Their State-Of-The-Art Studio and Valiant Eagle Inc. Provides An Update On The Acquisition Of Majority Control Of The Americ.
About this update from Valiant Eagle Inc.
[{"type":"text","content":"Los Angeles, California (10/14/20) – Providence Film Group, a Valiant Eagle Inc. subsidiary and production company, has started designing its eight building, multi-purpose, state-of-the-art studio. This studio is being created with the intent of providing its employees with an environment that maximizes creative thought processes.The studio will consists of eight different buildings. The Amenities within this studio includes everything from basic offices to penthouse apartments. Other recreational amenities that the studio plans on having is an arena, a game room, a swimming pool, all-inclusive spa, screening rooms, sound stages, daycare and many more as the list is endless.“I want to create a studio that my artists don’t have to leave If they need something. Whether they need a mental break, some fun leisure time, a place to live, a haircut, whatever you can think of, I want it to be in my studio. This will become a second home to them.” says Xavier Mitchell, CEO of both Providence Film Group and Valiant Eagle Inc.The location for this multi-purpose studio has yet to be determined.Pursuant to the previous press release regarding the share option agreement signed by Valiant Eagle for the acquisition of majority control of the American Basketball Association, Xavier Mitchell states, “We have signed a Memorandum of Understanding with a group that will provide funding for us to acquire majority control of the American Basketball Association. We are hoping to have a term sheet signed and corresponding funding before the end of the year.”Updates will be forthcomingLegal Notice Regarding Forward-Looking Statements:This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expectedfuture events and/or financial results that are forward-looking in nature and subject to risks anduncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other fa...