MOMENTOUS ENTERTAINMENT GROUP, INC. (OTCMKTS:MMEG) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On February 16, 2017, the Company issued a press release
announcing that MEG has received notice from Bobby Earnhardt
Racing, Inc. that the sponsorship contract executed on December
31, 2016 had been terminated. A copy of which is attached as
Exhibit 99.10.
8.01 Other Events
On December 31, 2016, the Company entered into an agreement with
Bobby Earnhardt Racing, Inc. (BERI) under which BERI agreed to
sponsor the Bobby Earnhardt reality show, Bobby Earnhardt:
Chasing a Legacy. The agreement called for MEG to receive a
fee equal to 12.5% of all monies paid to BERI from an agreement
that BERI executed with the Mako Group on December 8, 2016.
MEG was advised on February 15, 2017 that the agreement between
BERI and the Mako Group has been terminated. Therefore, MEG will
not receive any funds from that agreement. Currently, there are
no specific sources of funds to sponsor Bobby Earnhardt:
Chasing a Legacy.
Item 9.01. Financial Statements and
Exhibits.
(d) Exhibits.
|
Exhibit No. |
Description of Exhibit |
|
10.5 |
Agreement with Bobby Earnhardt Racing, Inc. |
|
10.6 |
Notification from Bobby Earnhardt Racing, Inc. of |
|
|
|
|
99.10 |
Press Release |
About MOMENTOUS ENTERTAINMENT GROUP, INC. (OTCMKTS:MMEG)
Momentous Entertainment Group, Inc. (MMEG) is a media company. The Company intends to operate in four segments of the media industry. These segments include content, distribution, live events and direct marketing. The content segment has a recording division, and a film and television division. The distribution segment will focus on the distribution of MMEG content through cable, radio, television and streaming distribution outlets. The live entertainment segment will focus on highlighting MMEG contracted artists, their content and the creation of additional content that cost has been cover by the consumers. The marketing segment will directly sell MMEG intellectual property to consumers. The recording division offers an album to the faith market entitled the Greatest Story Ever Sung with music from Susan Olmon and the late Roger Clark, and narration of the story of the life of Jesus by Stephen Baldwin. It intends to sponsor live concerts and other musical events. MOMENTOUS ENTERTAINMENT GROUP, INC. (OTCMKTS:MMEG) Recent Trading Information
MOMENTOUS ENTERTAINMENT GROUP, INC. (OTCMKTS:MMEG) closed its last trading session up +0.00020 at 0.00260 with shares trading hands.
