Paradise Music & Entertainment Inc.

• Public
• US

Dow Jones Description

Paradise Music & Entertainment, Inc. ("Paradise" or the "Company") is a diversified company which currently operates in the environmental testing and music and entertainment industries. In the past, we attempted to operate Paradise as a music and entertainment company focused on partnering with other companies to build their brands. Our strategy was to utilize music and events to marry marketing, technology and entertainment to connect our customers with their consumers. We intended to accomplish this by marketing sponsor-targeted entertainment projects, including the development and production of proprietary festivals, events and branding campaigns for corporate clients. The Company markets sponsor-targeted entertainment projects, including the development and production of proprietary festivals, events and branding campaigns for corporate clients. The Company is currently in negotiations for a music event for the 2006 season. In 2005, the Company was the producer of the American Legacy Magazine 10th Anniversary Gala. As discussed below, the company shifted its focus during 2004 to include a new acquisition strategy (beginning with an acquisition in the environmental testing industry) as well as pursuing the existing entertainment strategy. The Company has established a plan of operation for 2005 and 2006 based on the continued effort in the entertainment sector and the successful acquisition of Environmental Testing Laboratories, Inc.

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