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Article: Doc Hollywood Kidz (OTC: DHYK) Announces Restricted Stock Sales to Expand Company's Ongoing Acquisitions and Strategic Alliances.
- Article from:
- PR Newswire
- Article date:
- December 10, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Doc Hollywood Kidz has announced the sale of 600,000 shares of restricted stock at $0.25 per share, with an option to purchase an additional 600,000 shares for 90 days to support the company's operations and development of acquisitions and strategic alliances. Since going public in October 2004, Doc Hollywood Kidz has made numerous headlines in the industry and has been presented with new opportunities in the form of intellectual properties, music, strategic alliances, financial support and possible co-production/development deals.
The company has formulated a first-look deal with production and distribution house Arclight Films (http://www.arclightfilms.com/). A ...