EX-99.1
3
v067151_ex99-1.htm
Company
Press Release
SOURCE:
SYZYGY ENTERTAINMENT, INC..
SYZYGY
ENTERTAINMENT, INC. ACQUIRES ROUNDERS, LTD.
CHARLOTTE,
NC March 7, 2007 -SYZYGY ENTERTAINMENT, INC. (OTC:SYZG),
a
fully-reporting company, announced today that it has acquired all the issued
and
outstanding stock of Rounders, Ltd. (Rounders) pursuant to a definitive stock
exchange agreement. Under the exchange agreement, the company issued 30,000,000
post-split SYZYGY common shares, and the Company's president agreed to return
approximately 14,970,000 SYZYGY common shares he owned to the Company's treasury
for cancellation. After completion of the transaction, the Company has
approximately 38,500,000 shares outstanding.
Rounders,
Ltd. owns and operates "The Players' Club", an up-market, licensed, gaming, bar
and slot parlor business on the growing tourist based island of Providenciales
in the Turks & Caicos Islands. The facility has approximately 80 gaming
machines providing 150 player seats, and the experience of playing games of
chance such as Texas Hold 'Em, Black Jack, Roulette, slots and a variety of
other card and dice games.
Mike
Pruitt, president, stated, "This acquisition is a first step in implementing our
strategy of developing successful gaming and entertainment projects in the
Turks
& Caicos Islands and eventually throughout the Carribean. We are now
positioned to generate financial returns for our company and establish a history
of revenues and profits in order to raise additional capital to begin other
projects. We feel this acquisition creates substantial value for our
shareholders and is consistent with our efforts toward having our company
eventually listed on the NASDAQ or American Stock Exchange".
About
SYZYGY ENTERTAINMENT, INC.:
SYZYGY
ENTERTAINMENT, INC. is a http://contexsilver.comholding
company which is presently focusing its efforts on developing gaming and
entertainment properties throughout the Carribean.
Forward-looking
statements in this release are made pursuant to the Safe Harbor Provisions
of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to certain risks, and uncertainties and actual results
could differ from those discussed. This material is information only and is
not
an offer or solicitation to buy or sell the securities.
For
more
information, contact:
Michael
Pruitt
(704)
366-5122

EX - 99 . 1 3 v067151 _ ex99 - 1 . htm Company Press Release SOURCE : SYZYGY ENTERTAINMENT , INC . . SYZYGY ENTERTAINMENT , INC . ACQUIRES ROUNDERS , LTD . CHARLOTTE , NC March 7 , 2007 - SYZYGY ENTERTAINMENT , INC . ( OTC : SYZG ) , a fully - reporting company , announced today that it has acquired all the issued and outstanding stock of Rounders , Ltd . ( Rounders ) pursuant to a definitive stock exchange agreement . Under the exchange agreement , the company issued 30,000,000 post - split SYZYGY common shares , and the Company 's president agreed to return approximately 14,970,000 SYZYGY common shares he owned to the Company 's treasury for cancellation . After completion of the transaction , the Company has approximately 38,500,000 shares outstanding . Rounders , Ltd . owns and operates " The Players ' Club " , an up - market , licensed , gaming , bar and slot parlor business on the growing tourist based island of Providenciales in the Turks & Caicos Islands . The facility has approximately 80 gaming machines providing 150 player seats , and the experience of playing games of chance such as Texas Hold ' Em , Black Jack , Roulette , slots and a variety of other card and dice games . Mike Pruitt , president , stated , " This acquisition is a first step in implementing our strategy of developing successful gaming and entertainment projects in the Turks & Caicos Islands and eventually throughout the Carribean . We are now positioned to generate financial returns for our company and establish a history of revenues and profits in order to raise additional capital to begin other projects . We feel this acquisition creates substantial value for our shareholders and is consistent with our efforts toward having our company eventually listed on the NASDAQ or American Stock Exchange " . About SYZYGY ENTERTAINMENT , INC . : SYZYGY ENTERTAINMENT , INC . is a http://contexsilver.comholding company which is presently focusing its efforts on developing gaming and entertainment properties throughout the Carribean . Forward - looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995 . These forward - looking statements are subject to certain risks , and uncertainties and actual results could differ from those discussed . This material is information only and is not an offer or solicitation to buy or sell the securities . For more information , contact : Michael Pruitt ( 704 ) 366 - 5122