| Broadside Enterprises, Inc. (OTC: BRSE) acquires MonteCristo International Entertainment, LLC in Reverse Merger Transaction |
 |
December 30th, 2020
Company intends to build a leading film and television distribution company
West Hollywood, CA, December 30, 2020– Broadside Enterprises, Inc. (OTC:BRSE) ("Broadside" or the "Company")
has acquired 100% of the membership interests in MonteCristo International Entertainment, LLC ("MCI")
(www.montecristoentertainment.com) as of December 23, 2020.
MCI is one of the leading boutique film sales agents with a library of over 100 feature films, and attends major and
specialty film markets throughout the year, including the Berlin Film Festival, the Marché du Film and MipCom in
Cannes and the American Film Market in Los Angeles.
As part of the transaction, Michael Taverna will become CEO of the Company and Cindy Nelson-Mullen will take
the position of COO. Christopher Petzel will remain as Chairman. All three executives will serve on the Company’s
board of directors.
Mr. Taverna founded MCI in 2005 and is responsible for developing and packaging film and television projects for
the Company. He has written, directed, produced and distributed a host of notable films. These include MANAGUA
with Academy Award Winner Louis Gossett Jr, and BY THE SWORD with Academy Award winning actor F. Murray
Abraham, and most recently APARTMENT 1303-3D with Mischa Barton and Rebecca De Mornay. He has been
involved in the distribution in a number of highly acclaimed horror pictures including The Ring, The Grudge and
Dark Water.
"After 15 years of attending all markets and most festivals, and reaching over 100 Feature Films under
management, MonteCristo is responding to the deep transformation of the Sales Agency business brought about
both by new technology and COVID, with a renewed commitments to Producers worldwide," said Mr. Taverna.
Cindy Nelson-Mullen will lead the Company’s sales and acquisitions. She began her career in advertising as an
account executive for various advertising agencies including DMB&B, Wells, Rich & Greene and Foot Cone &
Belding in New York and London. After nearly a decade of working with such clients as Procter & Gamble, Nabisco,
Norelco and Kraft General Foods, Ms. Nelson-Mullen moved to the production side of the advertising business and
in 1993 established herself as an agent for directors of commercial productions in the US. In addition to
representing directors, she also represented post-production services to the advertising industry and has produced
several Off-Broadway plays.
Mr. Petzel has produced, executive produced or associate produced a number of theatrical features including
Seeking Justice (Nicolas Cage), War (Jet Li and Jason Statham), Rambo (Sylvester Stallone) and Good Old Fashioned
Orgy (Jason Sudeikis) as well as television movies and has extensive experience in the distribution of entertainment
assets having advised such leading international film and television distributors such as ZDF Enterprises (Germany),
DeAPlaneta (Spain), Filmauro (Italy), Scanbox (Scandinavia) and many others on script evaluation and rights
acquisitions. Christopher also has broad corporate finance experience.
Additional information about Broadside can be found in the Company's reports and filings at
www.OTCMarkets.com, on the Broadside website at www.broadside-enterprises.com and on Twitter at
@brse_news.
About Broadside Enterprises, Inc.:
Broadside Enterprises, Inc. (OTC: BRSE) is a publicly traded company.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-
looking statements that involve risks and uncertainties, including those described in the Company's reports and
filings at http://www.OTCMarkets.com.
Certain statements contained in this release that are not historical facts constitute forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the
safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they
involve unknown risks, uncertainties and other factors, which may cause actual results, performance or
achievements to differ materially from those expressed or implied. Forward-looking statements may be identified
by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions
and by the context in which they are used. Such statements are based upon current expectations of the Company
and speak only as of the date made.
Contact:
Investor Relations
info@broadside-enterprises.com
+1 (310) 909 8409