Pop Starz, Inc. (PSRZ.Pinksheets)released news today that Iconic film producer Maurice Smith has agreed to accept the position of CEO of the newly named Global Entertainment Acquisition Corporation. The major focus of the company will be creating and producing small-budget films with distribution agreements and secondary marketing agreements pre-negotiated. Michelle Tucker has resigned, leaving the management in control of new owners while the balance of the Pop Starz involvements is evaluated. Interim CEO, Melissa Rice, stated, "We are very excited having a name like Maurice Smith associated with our company and look forward to shooting our first film this summer. He is a proven film maker, his movies appeal to a wide audience, and they make money."
Pop Starz, Inc also announced that The company also announced the hiring of veteran multi-platinum talent, Del, to head up its music division. Del, a 5-time platinum- and gold-recording artist and producer, provides platinum level production for a variety of music platforms, including songs for artists, movie theme songs, and scoring for all levels of motion pictures. The Global Music division currently owns over 1000 titles, including songs for artists in genres such as country, pop, R and B, Hip Hop and Rock, as well as stockmusic for commercials and underscores for short form. Whether a film producer is looking for an original song or full length score for a big-budget film, the talented team at Global Entertainment will be a one-stop talent pool and music content provider able to deliver. Of course, the team at Global Music will first and foremost provide outstanding music for the Global Film Divisions.
PSRZ closed yesterdays session at around .04 and gapped up to high this morning of .11before closing at .071, up over 82% on the day. With today's news, 1000 Penny Stocks believes PSRZ has th potential to be a huge gainer over the next few weeks and will continue to follow the daily trading of this penny stock.