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SBCO Announces Revenues for Portfolio Companies(February 17, 2012)
LAS VEGAS, NV -- (Marketwire) -- 02/17/12 -- The Small Business Company, (PINKSHEETS: SBCO)
Astra Jet, a portfolio company of which SBCO owns 19%, recently announced that it will begin its operations debt free and expects to generate $16M in revenues during its first summer of operations.
In addition, Renaissance Entertainment & Media Group, LLC, another portfolio company, has estimated that the revenues generated from the distribution of the documentary feature film JULY MOON, to be released on the 43rd anniversary of man's first steps on the moon, into movie theaters this summer, will produce revenues between three to seven million, representing an additional revenue stream for SBCO. We are excited about this film as it represents a vital piece of our nation's history. The film will also be distributed through educational and various historical venues, providing additional revenue through licensing agreements for many years.
Renaissance has also added three feature films and two theatrical productions to its production slate.
With the addition of these properties, Renaissance is strategically positioned to become a major presence in the Independent Film production arena.
Shareholders who have missed the 2/9/12 CEO interview on STT radio may still listen to Karen Person and Simon Edwards, CEO of Astra Jet, at http://stocktraderstalk.com.
About The Small Business Company:
The Small Business Company is a corporation registered in the State of Delaware which recently filed for a name change to Select Business and Corporation Opportunities, Inc.
SBCO became a fully reporting public company through the filing of a 10SB in late 2006 and began trading on the OTC pink sheets in January 2007. The Small Business Company's strong leadership and vast knowledge and experience will enable the company to be successful in obtaining low risk high growth companies.
About Astra Jet:
Astra Jet, with its strap line "Exclusive Service, Inclusive Fares," is a full-service virtual airline specializing in leisure travel between the world's foremost vacation destinations. Astra Jet's unique strategy is based on leasing aircraft capacity from existing US Part 121 carriers on an operational basis, which includes the Aircraft, Flight Crews, Maintenance and Insurance. Launching the operation in this manner allows Astra Jet to avoid the huge ownership costs of the aircraft along with the required staff training, licensing and Federal certification.
About Renaissance Entertainment & Media Group, LLC
Renaissance Entertainment & Media Group is a company specializing in the discovery and development of feature films, documentaries, video, television, theatrical and music productions, along with the ancillary products associated with each project.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.
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