Skip to content

Public Media Works Completes Deal With EntertainmentXpress

Public Media Works, Inc. announced that it has completed its share exchange agreement with EntertainmentXpress, Inc.

According to the statement, under the terms of the share exchange agreement, as of the closing on May 4, 2010, Public Media Works has acquired the outstanding stock of EntertainmentXpress in exchange for Public Media Works’ agreement to issue 13,685,755 shares of its common stock to the former EntertainmentXpress shareholders.

EntertainmentXpress is in the business of renting and selling movies, games and more through kiosks located in quick-serve food locations, grocery stores and other high-traffic, public venues. The company recently announced EntertainmentXpress’ contracts with Pizza Hut and Popeyes franchisees.

In connection with the closing, Garrett Cecchini was appointed as the company’s Chief Executive Officer, Larry Gitlin was appointed as the company’s President and Chief Operating Officer, and Mark Smith was appointed as the company’s Chief Financial Officer.¬†Additional information regarding EntertainmentXpress, the EntertainmentXpress acquisition, and the transaction documents, will be provided in the company’s Form 10-K which the company plans to file with the U.S. Securities and Exchange Commission on or before May 10, 2010.

For more information visit: