SOURCE: Beta Music Group, Inc.

November 01, 2013 12:37 ET

Beta Music Group, Inc. (OTC Pink: BEMG) Announces Completion of the Acquisition of Majority of Shares by EVG Media, Inc. and Has Completed a Change of Control

MIAMI, FL--(Marketwired - Nov 1, 2013) - Beta Music Group, Inc. (OTC Pink: BEMG) ("Beta Music Group" or the "Company") is pleased to announce that the Company has completed the acquisition of the majority of its shares by EVG Media, Inc. and has completed its change of control. On October 31, 2013, a stock purchase and sale agreement was executed between shareholders of EVG Media, Inc. and certain shareholders totaling 13,711,676 shares of the Company's common stock out of a total of 16,555,315 issued and outstanding shares of the Company's common stock. In connection with the purchase of the shares, a change of control was completed and Edwin Mendlinger resigned from the Company's Board of Directors and as sole officer. Concurrent with the resignation, Jim Ennis was appointed as Chief Executive Officer and Chairman of Board of Directors. The company will assume operations as a digital media company providing interactive and digital marketing, social and mobile marketing, strategic media planning, direct marketing and other specialty communications services to promote small businesses to their clients.

About EVG Media, Inc.
EVG Media, Inc. is a digital media company that provides interactive and digital marketing, social and mobile marketing, strategic media planning, direct marketing and other specialty communications services. The company provides digital, mobile, social and video content productions to promote small businesses to their clients. EVG Media, Inc. produces digital video commercials for small businesses and creative solutions to advertising and marketing challenges to increase company's visibility. EVG Media, Inc. helps local businesses find and keep more customers via strategic marketing partnerships and digital commercial promotions.

Forward-Looking Statements/Disclaimer
Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast", "anticipate", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause The Company actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in The Company Filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to The Company herein are expressly qualified in their entirety by the above-mentioned cautionary statement. The Company disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

Contact Information

  • Beta Music Group, Inc.
    Jim Ennis
    (914) 382-9818