SOURCE: Bibb Corp.

Bibb Corp.

September 14, 2010 09:45 ET

BIBB Corp Completes Name Change, Forward Split; Secures $100M Film Project Financing

HENDERSON, NV--(Marketwire - September 14, 2010) -  Bibb Corp. (OTCBB: BIBB), based in Henderson, Nevada, filed an 8-K announcing the company has changed its name to Z3 Enterprises, Inc., and completed the acceptance of up to $100 Million in project funding. The Company also initiated a Forward Split of its common stock. 

Bibb Corp. (OTCBB: BIBB) has entered into a joint venture agreement whereby, Bibb Corp and Phoenix Productions and Entertainment Group, LLC. shall focus on the creation, selection, and production of television feature film projects. The company expects to begin to draw down the funds on or before October 4, 2010, at which time a convertible promissory note will be issued for the first $1,000,000 advance.

Upon the effective date of the forward split, the total issued and outstanding stock shall be 20,040,000 shares, with an authorized total of 95 Million Common shares and 10 Million Preferred shares. The company expects to complete acquisitions and asset exchanges for stock in the coming months with a goal of acquiring $100 million in revenue generating projects over the next 12 months.

About Z3 Enterprises, Inc. (formerly Bibb Corp.):
The company is in the business of multi-media publishing and marketing. To date the Company's operations have been limited to general administrative operations and was considered a development stage company. The company's projects include publication of health and wellness books, the production of educational and entertaining television shows, feature films, and special events marketing. www.z3einc.com

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • For more information:
    Robert Schechter
    Equity Communications
    Email Contact
    212-499-6809