HOLLYWOOD, Dec. 1, 2009 (GLOBE NEWSWIRE) -- Mass Hysteria Entertainment Company, Inc. (OTCBB:MHYS) is pleased to announce the company's common stock has been approved by FINRA for trading on the OTC Bulletin Board. "As a fully audited, publicly traded company, we expect to be able to grow our business and establish a more formidable market presence. We believe this move will generate greater interest from retail brokers and institutional investors as well as increase the trading volume and liquidity in our stock," said CEO Daniel Grodnik.
Mass Hysteria Entertainment, Inc. is a new multi-media entertainment company created to produce film comedies for the young adult market with an interactive component. "Mass Hysteria is the next step in the evolution of the theatrical film experience: a hybrid entertainment that combines movies with hand-held devices and the internet. Today's young moviegoer is ready for something different at the multi-plex and we believe Mass Hysteria can change the filmic landscape," said CEO Daniel Grodnik.
Forward-Looking Safe Harbor Statement
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, fluctuations in advertising payout, delays in website & application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov. All traffic statistics are recent averages.