SMCE SMC Entertainment Inc (PK)

SMC Recordings Inc. (PINKSHEETS: SMCE) -- The Company announced that on December 13, 2010 the Company's Board of Directors approved a 1 (one) for 10 (ten) stock dividend payable to shareholders of record as of December 31, 2010 (the "Record Date"). The payment of the dividend is subject to completion of certain filings with the Financial Industry Regulatory Authority (FINRA) and, as a result, the Payment Date has not yet been established.

Under the terms of the planned dividend, each stockholder that holds SMCE Common Stock as of the Record Date is to receive one (1) share of the Company's Common Stock for every ten (10) shares of the Company's Common Stock held as of the December 31, 2010 Record Date with all fractional shares rounded up to the next whole share.

The Company is preparing required documentation to be filed with FINRA and upon completion and satisfaction of FINRA filing requirements, the Company anticipates that the Payment Date will be announced.

For more info on SMC Recordings visit www.smcrecordings.com

About SMC Recordings: Established in March of 2005, SMC Recordings is home to independent music and artists. Based in San Francisco, CA, the company's prized accomplishment is its unique philosophy of artist development, where artists are encouraged to participate with the label from inception through maintenance of their careers. This innovative structure has garnered industry veterans to join the company and aid in its growth. SMC is distributed by Fontana, the indie distribution subsidiary of Universal. The Company is a small company and has long-emphasized a strong loyalty to its artists and their careers. The Company believes that may serve to better allow the Company to maintain and enhance its ability to attract and retain creativity and expansion opportunities in the music industry.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

Contact: Ron Taylor Investor Relations Division SMC Recordings 415-746-6482