GD ENTERTAINMENT & TECHNOLOGY, INC. ANNOUNCES PLANS TO FILE
FORM 10 AND BECOME FULLY REPORTING
AGOURA, CA - January 29, 2015 - InvestorsHub NewsWire - GD
Entertainment & Technology, Inc. (formerly Donini Inc.
(OTC
Markets: DNNC), a leading entertainment and technology company
specializing in the development and production of entertainment
properties and technologies worldwide, today announced that it
has begun work on becoming a fully reporting company again with the
intent to uplist to the OTC:QB. The company is working with its
independent accountants, lawyers and auditors to complete its
audited financial statements for its fiscal years 2012, 2013 and
2014 and will file a Form 10 in the next 30 days
with the Securities and Exchange Commission in order to become a
fully reporting Company again.
According to Dong Chung, CEO, "GD Entertainment &
Technology, Inc. was a fully reporting firm from until 2009 when
the former management opted to file a Form 15 (with the
SEC) to suspend our reporting status. That decision was made in the
best interest of the Company at that time, and now management has
determined its time to return back to fully transparent reporting.
We believe becoming fully reporting again is an integral part of
our future growth strategy.”
About GD Entertainment & Technology, Inc.:
GDET specializes in the development, production and exploitation
of entertainment properties and technologies worldwide. Over the
past 10 years, GDET and its management have created, produced,
and/or distributed a variety of family-friendly content, including:
Conan the Barbarian animated DVD, animated Voyages of Young Dr.
Doolittle and Adventures of Odyssey and the acclaimed graphic novel
series, The Almighty Bible, an ebook & print version of the
Bible for teenagers. GDET principals have over 80 years of combined
experience in producing and distributing media, consulting to and
licensing major intellectual properties globally, including Warner
Brothers, Marvel/Disney, and Mommy & Me. Management has
been conducting business in Asia for more than 25 years, and has
significant relationships with major corporations, investors and
production facilities in Korea, Thailand, China, Japan and other
markets. GDET has several projects in development including an
animated feature film, a live stage show and an adaptation of a
successful juvenile book series for digital video and mobile
games.
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,"
"estimate," "project," "intend," "expect," "should," "believe," and
similar expressions are intended to identify forward-looking
statements. These statements involve, and are subject to known and
unknown risks, uncertainties and other factors which could cause GD
Entertainment & Technology, Inc. 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 GD
Entertainment & Technology, Inc. filings and Disclosures. All
forward-looking statements attributable to GD Entertainment &
Technology, Inc. herein are expressly qualified in their entirety
by the above-mentioned cautionary statement. GD Entertainment &
Technology, Inc. disclaims any obligation to update forward-looking
statements contained in this estimate, except as may be required by
law.
Company Contact:
Lawrence Bracco
Tel : (818) 338-5723 larrybracco@gdetinc.com
