Lion Capital Holdings Completes Initial Round of Financing for Media International Concepts
02 Juni 2004 - 7:00PM
PR Newswire (US)
Lion Capital Holdings Completes Initial Round of Financing for
Media International Concepts Media International and Lion Capital
Close Initial 504 Offering GLENDALE, Calif., June 2
/PRNewswire-FirstCall/ -- Media International Concepts, Inc. (OTC
Pink Sheets: MEIC) an advertising and entertainment production
company, and Lion Capital Holdings, Inc. (OTC:LCHIE) (BULLETIN
BOARD: LCHIE) , a boutique consulting firm, today announced the
completion of Media International's initial Private Placement. The
firms did not disclose the level of funding provided. "We're
delighted Lion Capital has completed this offering so quickly, and
we look forward to working with them on any and all future funding
endeavors," said Michael Marcovsky, Chief Executive Officer of
Media International Concepts, Inc. "To know there are companies
like Lion Capital who are willing and capable of raising funds for
emerging companies is very refreshing in the present economic
environment. We have been extremely impressed with Lion Capital and
feel fortunate to have established such a positive working
relationship with them." Further details are available on Media's
web site at http://www.mici.tv/ . "We are pleased to announce the
successful closing of Media International Concepts initial
offering. We are further pleased to note that this funding event
was fully subscribed to by our own group of accredited
shareholders. We anticipate Media International Concepts will
continue to execute on its business plan, and we look forward to
providing additional funding for them as they continue to grow,"
said Tim Page, CEO of Lion Capital. "This initial funding will
provide Media International Concepts with adequate early stage
working capital, while enabling them to comfortably meet all the
requirements necessary to obtain an initial public listing on the
OTC Pink Sheets." Further details are available on Lion's web site
at http://www.lioncapitalholdings.com/ About Lion Capital Holdings,
Inc. Lion Capital Holdings is a boutique consulting firm providing
funding alternatives to private micro-cap companies by
transitioning them to publicly traded status. As consultant and
facilitator, Lion Capital offers a comprehensive suite of services
and assists its clients with all aspects of corporate and SEC
governance, business development, access to capital markets,
corporate finance, equity lending, market development, and investor
and shareholder relations. Further details are available on Lion's
web site at http://www.lioncapitalholdings.com/ About Media
International Concepts, Inc. Media International Concepts, Inc.
acquires and operates advertising, entertainment, educational
programming and production companies. MEIC creates synergies by
exploiting both traditional and emerging distribution channels.
MEIC is being positioned to be on the leading edge of the industry
by providing entertainment and information through fixed wireless
broadband. Further details are available on the company's web site
at http://www.mici.tv/ For further information please contact:
Investor Relations Timothy Page Trevor Langley Lion Capital
Holdings, Inc. Millenium Capital Advisors, LLC 512-617-6351 (voice)
818-348-3355 (voice) DATASOURCE: Media International Concepts, Inc.
CONTACT: investor relations, Trevor Langley of Millenium Capital
Advisors, LLC, +1-818-348-3355, or , for Media International
Concepts, Inc.; or Timothy Page of Lion Capital Holdings, Inc.,
+1-512-617-6351, or Web site: http://www.mici.tv/
http://www.lioncapitalholdings.com/
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