San Diego, CA, July 28, 1999 — Entertainment Group, Angelic
Entertainment announced today that it has met all requirements to be approved by the
California Department Of Corporations task force on internet investment offerings. The
Department of Corporations brought to Angelic’s attention three words on the finance
page of Angelic’s website, that needed to be altered to be compliant with SEC
regulations. Angelic’s Webmaster instantly updated the website, much to the delight
and astonishment of the California Corporations Representative.
"He who heeds discipline shows the way to life, but whoever ignores correction
leads others astray." states Mark Maine, Angelic President and CEO. "Angelic
holds to a higher standard of production and business ethics. We are pleased to implement
whatever measures are appropriate to support the legal and ethical standards of our
company."
Angelic Entertainment’s website has been approved by the California Department of
Corporations as accurately representing the legal business practices of motion picture
production on the world wide web. Any questions regarding Angelic’s status should be
directed to Eric Benink, Corporations Counsel, California Department of Corporations at
619-525-4042.
Maine explains, "In an industry notorious for unscrupulous business practices, we
are proud to be validated by the California Department of Corporations."
Based in San Diego, Angelic Entertainment produces quality content responsible
entertainment projects for Motion Pictures, Television, and Music. Angelic Entertainment
has 35 feature films to be produced in the next three years, as well as, television
projects and music soundtracks. Angelic Entertainment welcomes dialogue with anyone
interested in profiting from the creation of, or representation of their company or
products in content-responsible films.
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