Cinemas Entertainment to accept MediaCoin LLC Tokens at its Chicago Theaters
27 Fevereiro 2018 - 2:41PM
InvestorsHub NewsWire
Hollywood, CA --
February 27, 2018 -- InvestorsHub NewsWire -- Sycamore Entertainment
Group, Inc. (USOTC:SEGI),
a leading innovator in hybrid film and entertainment distribution,
is pleased to announce several prominent theaters in the Chicago
and surrounding areas will accept MediaCoin LLC tokens as payment
for goods and services.
Cinemasentertainment.com parent
company of Lawndale Theaters has agreed to accept MediaCoin LLC
tokens as a form of payment at the box office and for other
entertainment products and services.
“Because we are seeing such a strong uptake to our blockchain
and streaming technology, Lawndale theaters has agreed to be the
first to accept MediaCoin LLC tokens as a form of
payment” Says Ed Sylvan CEO
of Sycamore. He goes on to say “As a result of the recent
exciting developments and despite the fact that the whitepaper and
it's corresponding streaming technology are complete and actively
functioning in the marketplace, Freiberger Company, Cinema
Entertainment and Sycamore Entertainment as a group have agreed to
temporarily delay the official launch of MediaCoin LLC in an effort
to obtain the necessary confirmations and protocols from all the
parties involved."
The
company is confirming all aspects of its launch to solidify its
positioning as a process leader and focusing on all regulatory
matters.
Mr.Sylvan Says, “We are a unique
offering in this space. That is evidenced by the level of support
we are getting from the entertainment community. We want to make
certain that we deliver the best opportunities for our new partners
within an SEC compliant framework.”
Sycamore will continue to provide
updates on the new release timing as well as the latest updates on
its’ partners, Technology and film
projects.
Investors can also follow Sycamore on:
Facebook: Sycamore Entertainment,
Twitter: Sycamorefilms
Contact: 310-245-9091 or email: info@sycamoreentertainment.com
###
About Sycamore Entertainment Group
Inc.
(SEGI):
Sycamore Entertainment is a
diversified entertainment company that specializes in the
acquisition, marketing and worldwide distribution of quality
finished feature-length motion pictures. Sycamores’ management team
utilizes its long standing relationships to provide market specific
publicity, promotion, media buying, theatrical placement
and Print and & Advertising financing for theatrical
domestic release.
Forward-Looking Safe
Harbor Statement
Sycamore Entertainment press
releases contain forward-looking statements that are made pursuant
to the safe harbour provisions of the Section 27A of the Securities
Act and Section 21E of the Securities Exchange Act. By their
nature, forward-looking statements and forecasts involve risks and
uncertainties related to events dependant on circumstances that
will occur in the near future. These statements involve known and
unknown risks and uncertainties, which may cause Sycamore Films
actual results in future periods to differ materially from results
expressed or implied by forward-looking statements. These risks and
uncertainties include, but are not limited to, our ability to
obtain rights to distribute and market films, product availability;
demand and market competition, and access to capital markets. For a
more complete discussion of the risks to which Sycamore Films is
subject to please see our filings with the SEC, including our
Current Report on Form 8-K filed May 21, 2010 and our Quarterly
Report on Form 10-Q for the first quarter 2010. You should
independently investigate and fully understand all risks before
making investment decisions.
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