SNM Global Holdings Secures Funding
ORLANDO, FL -- (Marketwire) -- 01/13/10 -- SNM Global Holdings (PINKSHEETS: SNMN) continued with its move towards the OTCBB by securing a $10,000,000 equity credit line with Tangiers Investors LP.
SNM Global Holdings has signed a binding Term sheet and will move forward with the completion of the signing of the final documents as they get closer towards filing for the OTCBB.
The company stated, "The term of the credit line is over a two year period for up to a $10,000,000 credit line and will be effective with the approval of an S-1 registration statement. The company is excited about the opportunity and the funding will assist with the execution of the company's business model."
The company is working on plans for additional acquisitions and will appoint 2 additional members for the board of directors. The company will form two additional boards -- an Investment Evaluation and General Advisory board. Additional details will be announced via Press Release and Twitter.
PLEASE NOTE- Follow the Company on Twitter at www.twitter.com/snmglobal for updates and company info. |
|
LGN Launches Publishing and Licensing Division and Hires Industry Heavyweight
ORLANDO, FL--(Marketwire - February 10, 2010) - SNM Global Holdings (PINKSHEETS: SNMN) subsidiary LGN Entertainment Distribution Inc. announced the launch of its publishing and licensing division and the hiring of Industry heavyweight Dennis Sinnott.
Star 1 Music Publishing and LGN Music Publishing will offer publishing and licensing services globally.
Newly hired consultant Dennis Sinnott began his career in 1970 in the trade department of the KPM Music Group, and in 1974, when EMI took over the company, he was promoted to Copyright Manager of B.Feldman & Co. Ltd (within the EMI group).
In 1976, Dennis was promoted to Head of Copyright of EMI Music Publishing. This included Keith Prowse and several hundred additional companies making it the largest international music publishing organization in the world.
Dennis' responsibility was in the protection of EMI Music's properties -- a repertoire of over one million works ranging from classical to rock, pop to ballad, country to reggae, opera to stage, old time musical hall, drama, film theme, background and incidental music for television, radio, cinema and modern songs of all types.
In addition to administering the world's largest publishing group, he was also instrumental in negotiating deals with many super groups and solo writer/performers, including Queen, Sir Elton John, Sir Paul McCartney, the Rolling Stones, Pink Floyd, Deep Purple, Wishbone Ash, Jeff Beck, Mud, Medicine Head, Be-Bop Deluxe, the Hollies, Bob Dylan and scores of other hugely successful acts.
In 1983 he formed Christel Music Ltd and in 1995 Dennis Sinnott wrote his first book "The International Songwriter." His current book "Masters of Songwriting" is now available in paperback on Amazon.com, Lulu.com and ClickBank.com and his new book "Everything You Need to Start Your Own Digital Label" will be published in mid February 2010.
"This is a great opportunity for LGN Entertainment Distribution and SNM Global Holdings! Publishing will be a key component for our revenue growth and with the addition of Dennis we are extremely excited and optimistic about the future. The publishing business is a multi-billion dollar business and Dennis brings us his many years of experience as a leader at music giant EMI Group," stated Steve Lane, President of LGN Entertainment Distribution, SNM Global Holdings.
|
|
|
LGN Entertainment Distribution to Launch New Media & Announces Two New Artists' Signings |
|
|
|
|
LGN Entertainment Distribution to Launch New Media & Announces Two New Artists' Signings
ORLANDO, FL--(Marketwire - February 4, 2010) - SNM Global Holdings (PINKSHEETS: SNMN) subsidiary LGN Entertainment Distribution Inc., announced the launch of a New Media division -- "Sun Sign Media"' and the signing of two clients.
Sun Sign Media will specialize in the development of Social Media/Networking Sites, be responsible for IT projects, Web Marketing and the launch of all Social Networking sites.
The newly appointed Division President is Chris P. Scott.
Mr. Scott's background includes:
Chief Technology Officer Creative Director Art Director Production Manager
With such companies as:
EZ360PC.COM The Situs Companies NCI Computer Black Pyramid Studios I Candy Clothing
Mr. Scott's experience spans from Web Design with extensive web and print design as well as development of high end websites, corporate identities and print collateral for the Medical, Biotech, Beauty, Dental, Real Estate, IT, Video Gaming, Sports, Financial and Direct Marketing industries to a Specialist in implementing sites that will grow our own solid, increasingly profitable E-business.
LGN has also signed two new artists -- Rising Lion and William John Coogan.
"Rising Lion signed a distribution deal for its Rising Lion Music catalogue with LGN Entertainment Distribution Inc. This will enable Rising Lion music to be more accessible and available worldwide in digital and physical formats. I am excited about this new development for Rising Lion and our fans. This deal will give R L music access to more markets worldwide and we appreciate the opportunity and look forward to the future with Rising Lion and LGN Entertainment," stated Steve Lane, President of LGN Entertainment Distribution, SNM Global Holdings.
Mr. Lane continued, "William John Coogan has a great story as he has been in the business for many years writing and recording. Recently, something happened to Billy as his young son was ill. With all the test and procedures that young John (Billy's son) went through it inspired William to go back in the studio and his new album was born.
"And now that John has recovered William is ready to tour and his new album titled 'HIS VOICE, HIS MUSIC, HIS SONGS' featuring such future hits as 'Close Your Eyes On Love' and 'Daddy's Coming Home' is ready for release."
In other news ... LGN Entertainment Distribution and M.I.L.F Mates have mutually agreed to terminate their acquisition deal after further due diligence. The company has instructed their recently hired Investment Banker Wakabayashi Fund LLC to aggressively begin to search for additional investments and acquisitions.
|
|