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Daily Market Movers 12-16-09

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For Wednesday, December 16th

HCEI, VIVK, LUXED, BMGP, GTWO
CSLI, MTLK, OPMG, SEWC, SGCP, TDGI

Our Stocks to Watch today include Healthy Coffee International Inc. (OTC: HCEI), Vivakor Inc. (OTCBB: VIVK), Lux Energy Corp. (OTCBB: LUXED), Biomagnetics Diagnostics Corp. (OTC: BMGP), Gen2Media Corp. (OTCBB: GTWO), Critical Solutions Inc. (OTC: CSLI), Metalink Ltd. (Nasdaq: MTLK), Options Media Group Holdings Inc. (OTCBB: OPMG), Sew Cal Logo Inc. (OTCBB: SEWC), Sierra Gold Corp. (OTC: SGCP) and Target Development Group Inc. (OTC: TDGI).

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FEATURED COMPANY

HCEI

HEALTHY COFFEE INTERNATIONAL INCORPORATED (OTC: HCEI)
"Up 7.14% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/HCEI.php

Company Profile: http://www.otcpicks.com/healthy-coffee/healthy-coffee.htm

Healthy Coffee International, Inc. is focused on bringing health to the world's largest and most popular drink, coffee. The company's proprietary formulas combine the health benefits of Ginseng, Reishi Mushroom, and other top quality ingredients with the world's finest coffee beans to create a line of deliciously healthy instant gourmet coffee drinks. Healthy Coffee is well positioned in the market place at the intersection of three mega-billion dollar industries: coffee, wellness and energy drinks, and has quickly established offices in 8 countries thru it's marketing subsidiary Healthy Coffee USA, Inc. (www.healthycoffee.com) which uses a simple and unique Internet-driven international business model that allows the average person to own and operate a local, national, or international coffee distribution or coffee house business with very little capital investment or overhead.

HCEI News:

December 16 - Healthy Coffee Expands in Europe, Sets Founders Meeting in London, UK and Opens Healthy Coffee Germany

Healthy Coffee International, Inc. (OTC: HCEI) announced that it is expanding its sales in Europe, and will hold a Founders Meeting in London, UK and open Healthy Coffee Germany.

Sorani Mkandawire, VP Healthy Coffee UK, commented: "We are excited to have our Founder & CEO Rick Aguiluz as our guest speaker during our Founders meeting on Dec. 17th at the Holiday Inn in Earl's Court."

Bob Gaskell, Director of Network Development, Healthy Coffee UK, added: "We are looking forward to expanding our network, not only in the UK, but in the whole of Europe as well."

Eden Ackermann, VP of Healthy Coffee Germany, said: "Mr. Aguiluz will then proceed to Aachen, Frankfurt, and Hamburg to meet with sales leaders. Our base will be in Hamburg."

Rick Aguiluz, architect of the Healthy Coffee concept and CEO of Healthy Coffee International, commented: "I'm excited to meet with the Healthy Coffee UK and Ireland leadership teams during this event. I will also visit 3 cities in Germany to meet with leaders. The potential of Healthy Coffee in Europe is huge, and with our entry into the UK, Ireland and now Germany, we expect to get a good share of the European market."


FEATURED COMPANY

VIVK

VIVAKOR INCORPORATED (OTCBB: VIVK)

Detailed Quote: http://www.otcpicks.com/quotes/VIVK.php

Company Profile: http://www.otcpicks.com/vivakor-inc.htm

Vivakor™ is a biomedical/biotechnology company with transdisciplinary research that develops and acquires products in the fields of molecular medicine, electro-optics, biological handling and natural and formulary compounds that extend or improve life. More information can be found about Vivakor at www.vivakor.com.

VIVK News:

December 16 - Vivakor Signs Business Development Agreement With Baker Consulting

Vivakor, Inc. (OTCBB: VIVK) has signed a Business Development agreement with Baker Consulting out of Walnut Creek, California and its affiliate group, Kyouko Group, Inc. out of South Florida. Baker Consulting has been retained by Vivakor to assist with business development, financing and assisting the company with its recently reported acquisition strategy. Specifically, Baker Consulting is exploring potential acquisition targets for Vivakor in the areas of ophthalmological devices and treatment solution companies as well as other targets aligned with Vivakor's existing divisions. In addition to vetting and presenting specific opportunities, Baker Consulting is continuing to present financing opportunities for these transactions as well as for Vivakor's existing operations.

December 15 - Skymark Research Initiates Independent Research Coverage on Vivakor, Inc.

Skymark Research, a leading provider of small- and micro-cap independent investment research, has initiated coverage on Vivakor, Inc. (OTCBB: VIVK). Skymark Research is currently offering a complimentary trial subscription. To view the company's research go to www.skymarkresearch.com.

Vivakor Divisions Continue to Demonstrate Independent Growth

Several of Vivakor, Inc.’s (OTCBB: VIVK) divisions have reported strong performance in 2009. Vivakor is a transdisciplinary hub of research and development with divisional spokes developing multiple products and technologies for market. Vivakor's R&D Product Pipeline strategy is anchored to the concept of licensing and strategic partnering. From idea inception, Vivakor's R&D efforts target commercialization and product-specific exit strategies to increase revenue potential from each new Vivakor technology. With a multi-million dollar purchase commitment in its nutraceutical division, new market opportunities and distribution agreements for its VivaThermic division's cryovials and continued growth in optics and MRI technology, the continued success of each of these divisions is seen as strong validation for the business model.

Executive Chairman Matt Nicosia was quoted: "Vivakor has made great strides in 2009. With the recent successes in several of our divisions, we are certain that the value proposition of our company will continue to increase. We expect continued success on several tracks and expect 2010 to be our most successful in terms of commercial success and equity value perspectives. Our greatest strength is from our diversity."


FEATURED COMPANY

LUXE

LUX ENERGY CORPORATION (OTCBB: LUXED)

Detailed Quote: http://www.otcpicks.com/quotes/LUXED.php

Company Profile: http://www.otcpicks.com/lux-energy-corp/lux-energy-corp.htm

Lux Energy Corp. is an oil and gas production and exploration company focusing on developing oil and gas resources in North America. Further information and news releases are available at www.luxenergycorp.com.

LUXED News:

December 16 - Lux Energy Corp Enters Into Negotiations for Participation in Significant Natural Gas Prospect

Lux Energy Corp. (OTCBB: LUXED), an oil and gas production and exploration company, announced that it has entered into negotiations to participate in significant natural gas prospect in South Eastern Alberta. Lux is seeking an agreement for a 50% working interest in eight development NG leases in the sweet gas rich areas of Medicine Hat.

Southern Alberta gas plays have produced thousands of wells over the past several decades. This area is historically famous in oil and gas circles for low cost, high BTU content reservoirs in the Milk River and Medicine Hat geological formations. The arena of petroleum spans 10,000 square kilometers of Sandstone Geology starting at the Foothills and stretching into Saskatchewan.

The prospect will involve a drilling program of 20 to 30 wells per section drilled to depths of 800 meters. Reservoir life is estimated at between 13 to 30 years. The project has outstanding economies. Wells can be drilled, completed and tied into established gathering, processing and delivery infrastructure within 30 days. In addition, the joint venture operator advises that recent technical advances in this play have increased potential recoveries and increased production.

Shane Broesky, President of Lux Energy Corp, comments, "Medicine Hat is an exceptional opportunity which became available with our partners in other areas. Medicine Hat, Central Alberta, Northern B.C. and Oklahoma are all on the screen. We intend to take advantage of the recent upsurge in NG prices. Recent acquisitions by petroleum super majors indicate very strong future natural gas products."

Lux Energy Corp. is an oil and gas production and exploration company focusing on developing oil and gas resources in North America. Further information and news releases are available at www.luxenergycorp.com.

December 15 - A New Audio Interview with Shane Broesky, President and CEO of Lux Energy Corp., is Now at SmallCapVoice.com

SmallCapVoice.com, Inc. announced that a new audio interview with Lux Energy Corp. (OTCBB: LUXED) is now available. The interview can be heard at http://smallcapvoice.com/blog/12-14-09-audio-interview-with-lux-energy-corporation-otcpk-luxed.


FEATURED COMPANY

QMCI

BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)

Detailed Quote: http://www.otcpicks.com/quotes/BMGP.php

Company Profile: http://www.otcpicks.com/biomagnetics-diagnostics/biomagnetics-diagnostics.htm

Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.

BMGP News:

December 9 - A New Audio Interview with Clayton Hardman, CEO of Biomagnetics Diagnostics, is Now at SmallCapVoice.com

SmallCapVoice.com, Inc. announced that a new audio interview with Biomagnetics Diagnostics Corp., (OTC: BMGP) is now available. The interview can be heard at http://smallcapvoice.com/blog/12-8-09-audio-interview-with-biomagnetics-diagnostics-corp-otcpk-bmgp.


FEATURED COMPANY

GTWO

GEN2MEDIA CORPORATION (OTCBB: GTWO)

Detailed Quote: www.otcpicks.com/quotes/GTWO.php

Company Profile: http://www.otcpicks.com/Newsletter/GTWO_102809.html

Gen2Media is a fully integrated technology, production and marketing company whose proprietary and patent-pending technology has earned the trust of a growing, globally diversified customer base, comprised of leading media companies, corporations, chart-topping artists, entertainment companies, advertising agencies and national brands such as The Black Eyed Peas, Mary J. Blige, Britney Spears, Justin Timberlake, Microsoft Xbox LIVE, Coca-Cola Company, Toyota, Clear Channel, and others.

GTWO News:

December 10 - Gen2 Media's Online Video Network: Fast Growing Interactive Network Dominates Online Video Syndication Space

Gen2Media Corporation (OTCBB: GTWO), an innovative full service video technology and production company, announces its Online Video Network is one of the fastest growing interactive networks already reaching 10 million viewers a month. The Gen2Media Online Video Network includes highly trafficked sites such as www.Footlocker.com, www.Varsity.com, www.Hot97.com and more. The Gen2Media Online Video Network features an impressive client roster including Coca-Cola, Universal Hollywood, Toyota Scion, Fox Television Network and other iconic brands, companies, labels, movie and TV Studios. The Company’s Online Video Network is quickly dominating the online content syndication space. Gen2media’s content creation prowess and online video delivery platform has grown the interactive network as more viewers demand the same high quality online that they get from HD TV.

“People are embracing video on the Web with adoption rates that outpace other online activities: 62% of adults watch video online; 90% of users 18-29 using video sharing sites; and 35% of Internet users have viewed a TV show or movie online compared to just 16% in 2007. As a Pew report recently concluded: we’re witnessing an important moment in the evolution of Television and people’s viewing habits. Just as Netflix has brought giants like Blockbuster to its knees; online video continues to cripple traditional TV. And as we become more accustomed to watching viral videos, TV clips and shows online, the familiarity with the experience shapes other behaviors on the Web making us more willing audiences for videos from brands, news sources, local advertisers, and more. Gen2Media is growing dramatically in this space,” notes Mary Spio, Co-Founder/President of Gen2Media Corporation.


STOCKS TO WATCH

CRITICAL SOLUTIONS INCORPORATED (OTC: CSLI)
"Up 96.67% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/CSLI.php

Critical Solutions, Inc. through its wholly owned subsidiary, White Door, Inc. markets and sells a line of self-powered trailer systems that can be rapidly deployed to power physical security and communication requirements. The company utilizes non-traditional power sources such as solar, wind, and hydrogen to provide efficient recovery, backup, and primary power systems. The company's alternative energy trailer systems have been chosen by a top defense contractor to secure a nuclear power plant, by the Federal Bureau of Prisons for Emergency Response Teams, and to the Marines for emergency communications.

CSLI News:

November 3 - White Door, Inc. Enters Northern European Sales Agreement With Nordic Greentech

Company to Market its “Mojo” and “Titan” Renewable Energy Source Trailers in One of the World's Leading Regions in Clean Technology

Critical Solutions Inc. (OTC: CSLI), the designer of renewable energy tower systems, announced that its wholly owned subsidiary, White Door Inc., has entered into a Sales and Marketing Agreement with the Danish company Nordic Greentech, for the sales and marketing of its Renewable Energy Source Trailers.

Within the terms of the agreement, White Door plans to market its products, the "Titan" and "Mojo," to potential clients throughout the Nordic region, Denmark, Sweden, Norway, Iceland, Finland and Northern parts of Germany, through Nordic Greentech. Ernest Troth, whose primary focus is on Foreign Sales and Business Development for White Door, engineered the agreement through his relationship with the founders of Nordic Greentech, Per Rasmussen and Klavs Snitkjaer. Both founders have extensive business experience in the Nordic region as well as insight into local market conditions, business practices and cultures.

"White Door is excited to have Nordic Greentech representing us in the Northern European region. In order to ensure our successful expansion in Europe, it is very important to have local business expertise with insight into markets, culture and language differences. Furthermore, Denmark is a global leader in introducing renewable energy sources, especially wind power; and today renewable energy covers 17 percent of the nation's energy consumption. In 2020, the proportion is expected to increase to 30 percent," commented Jeff Sirianni, President of White Door, Inc.

The focus on renewable energy sources will be highlighted in December 2009 when the Danish capital hosts COP15 Copenhagen, the United Nations Climate Change Conference.

"Additionally, Nordic countries spend approximately 1 percent of their BNP on foreign aid programmes in developing countries, where critical and renewable energy solutions are needed. Through our agreement with Nordic Greentech, we believe that we can significantly increase our business pipeline," continued Sirianni.

ABOUT NORDIC GREENTECH

Nordic Greentech is a consulting company specialized in marketing, consulting and sales support regarding greentech solutions for private and public companies, governmental organizations and NGOs. The company has an extensive business understanding and cultural insight in the Northern European region. The management of Nordic Greentech also has extensive experiences within logistics and market communication and has delivered solutions to a wide range of public and private companies in the Nordic region.


METALINK LIMITED (NASDAQ: MTLK)
"Up 65.56% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/MTLK.php

Metalink Ltd. is a fabless semiconductor Company engaged in the research, development and sale of high-throughput wireless local area network (WLAN) chipsets, and in the sale of high performance broadband access chip sets or digital subscriber line (DSL) used by telecommunications and networking equipment manufacturers. Metalink's WLANPLUS™ is a high-throughput, 802.11n-draft-compliant wireless LAN technology optimized for the networked home entertainment environment. Featuring advanced MIMO technology and full support of QoS, and operating in both 2.4GHz and 5GHz bands, WLANPLUS enables multi-room networking of multiple high-definition video streams.

MTLK News:

December 14 - Metalink Receives Delisting Notice From NASDAQ

Metalink Ltd. (Nasdaq: MTLK) announced that on November 30, 2009, it received a NASDAQ Staff determination letter, notifying the Company that it has not complied with NASDAQ Marketplace Rule 5550(a).

In accordance with the Company's plan to regain compliance, the Company has requested its shareholders to authorize the Company's Board of Directors to effect a reverse share split of all of the Company's Ordinary Shares at a ratio not to exceed one-for-ten, in its annual shareholders' meeting scheduled to take place on December 29, 2009.

The Company had initially been notified by NASDAQ on August 13, 2008, that the bid price of its common stock had closed at less than $1.00 per share over the previous 30 consecutive business days. NASDAQ suspended the enforcement of the bid price requirement from October 16, 2008 through July 31, 2009 and upon reinstatement of the rules the Company had until November 27, 2009, to regain compliance.

On September 29, 2009 the Company received notice from the NASDAQ Staff that it no longer complied with the minimum $2,500,000 in stockholders' equity requirement. The Company timely submitted a plan to regain compliance with the equity requirement, however as the Company has not regained compliance with the minimum $1 bid price requirement the NASDAQ Staff has determined to delist its securities from the Capital Market.

Accordingly, unless the Company requests an appeal of this determination, trading of its common stock will be suspended at the opening of business on December 9, 2009 and its common stock will be removed from listing and registration on The NASDAQ Stock Market.

The Company intends to file the required appeal of the Staff's determination to a NASDAQ Hearings Panel ("Panel"), pursuant to the procedures set forth in the NASDAQ Marketplace Rule 5800 Series. A hearing request will stay the delisting of the Company's securities pending the Panel's decision. However, there can be no assurances that the Hearings Panel will grant such request.


OPTIONS MEDIA GROUP HOLDINGS INCORPORATED (OTCBB: OPMG)
"Up 32.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/OPMG.php

Options Media Group Holdings, Inc. is an email services provider for on-demand email marketing to create, send, and track professional and permission-based email marketing campaigns. Additionally, Options Media provides precision direct marketing solutions including email marketing, SMS/mobile marketing, SMS/keyword marketing, custom lead generation and creative services. Options Media provides clients with access to software, hardware, bandwidth, and exclusive domains and IP addresses, as well as the ability to upload and manage subscribers, and review and upload campaigns and track results for a 360-degree full-service customer marketing solution.

OPMG News:

December 16 - Options Media Group Acquires Bluetooth and SMS Technology From H2O PM, Inc.

OPMG Will Utilize Bluetooth Technology to Deliver Targeted Content to Mobile Devices; OPMG Acquires a Proprietary SMS Portal That Broadcasts Bulk SMS Messages

Options Media Group Holdings, Inc. (OTCBB: OPMG), a leading email service provider ("ESP"), permission based email, sms/text messaging marketing and lead generation company, today announced it closed the signing of an asset purchase agreement with H2O PM, Inc. Options Media Group purchased technology relating to Bluetooth advertising and mass SMS Text Messaging broadcast capabilities that allows for interactive SMS applications.

Mr. Scott Frohman, CEO of Options Media Group, commented, "This acquisition allows us to continue building our technology suite and expand our client offerings to solidify our place as a market leader in the mobile advertising industry. Options Media will now have the capability to go back to some of our existing clientele, such as the Tampa Bay Buccaneers, Wendy's and Gerber Foods and offer our own proprietary additional mobile solutions. Our management team believes our ability to deliver advertisements that can generate point of sale purchases for customers; coupled with an SMS Text campaign at a fixed cost to our clients creates a paradigm shifting technology in the world of advertising. The asset purchase of H20 PM provides us with high margin solutions that we can cross sell to our existing customers. These new technologies will provide outstanding revenue and earnings growth opportunities in 2010 and beyond."

Bluetooth Proximity is a revolutionary technology focused on the delivery of content to Bluetooth enabled devices that allows top brands proximity marketing capabilities. The platform delivers advertising and information content to mobile and PDA devices instantly with zero transmission costs to both the sender and receiver, creating a fixed cost solution for OPMG clients. By managing the Bluetooth Proximity broadcaster through a secured web-based application, the platform allows for information delivery with minimal operator intervention. Advertisers now have the ability to send simple text messages, coupons, ring tones or calendar reminders directly to the consumer via Bluetooth.

In addition, OPMG acquired a web-based SMS portal to expand the company's current SMS capabilities. The asset purchase provides OPMG with an easy to use web based interface for SMS text messaging that can either transmit to a single mobile device or a group of mobile devices. Clients that utilize this new platform will have an integrated User Contact Database and the ability to easily import new users to the database. H2O PM, Inc.'s SMS portal enables a User Credit System, allowing for Point of Sale Purchases via debiting credits from either the User's account or via Credit Card billing. Additionally, the new platform supports Flash SMS Messages, with the deliverable appearing immediately on the phone's screen as opposed to an inbox. Flash SMS is a useful alternative to normal SMS when you want to catch the recipients' attention immediately.


SEW CAL LOGO INCORPORATED (OTCBB: SEWC)
"Up 33.33% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/SEWC.php

Sew Cal Logo, Inc. produces and manufactures custom embroidered caps, sportswear, and related corporate identification apparel primarily in the United States. It offers caps and headwear, jackets, denim, cargo shorts, pants, and related apparel. The company also provides contract embroidery and silk-screening services to the manufacturing and promotional industry; and designs and manufactures apparel under private labels. In addition, it supplies wardrobe, as well as promotional and cast and crew items for feature films and television. Further, Sew Cal Logo owns the rights to a branded line of surf and sports wear items known as Pipeline Posse, which it sells primarily through the Internet. It sells its products to motion picture and television studios, retailers, local schools, shops, and small businesses. The company was founded in 1985 and is based in Los Angeles, California.

SEWC News:

June 9 - Sew Cal Logo Reports Earnings

Visit http://bit.ly/J53U9 to view the most recent quarterly financial report for Sew Cal Logo Inc. (OTCBB: SEWC).


SIERRA GOLD CORPORATION (OTC: SGCP)
"Up 16.67% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/SGCP.php

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest growing gold producing areas worldwide.

SGCP News:

October 6 - Sierra Gold Corporation Positioned to Increase Gold Production Tenfold With Arrival of New Processing Plants

Sierra Gold Corporation (OTC: SGCP) announced that the two new 10-ton, state-of-the-art, gold processing plants arrived in Sierra Leone last week. These plants will enable the company to process up to 20 tons per hour and boast a 95-98 percent recovery rate. This technology offers an environmentally friendly process with no chemicals and reduced water use. Given their portability, these units can be moved easily to locations deemed appropriate for greater gold recovery. Later this fall the company will now have the ability to speed up production by a factor of 10 times or more. In contrast to the 1-2 kilos of gold that Sierra Gold produced per month using local methods, the new gold plants will have the capacity to produce 20 kilos per month. Our figures are based on 8 hours per day with a past recovery rate of 4.5 grams of gold per ton. The plans are to operate 300 days per year.

In the area of communication, we launched a new website recently as a first step to keep our shareholders better informed. The next step is the appointment of John Semachko Jr. as Vice President of Sierra Gold Corporation. Mr. Semachko's primary role will be in investor relations. He brings over 25 years of business ownership and management experience with a track record of success.

Doug Evans, CEO of Sierra Gold, commented: ``The company is looking forward to moving into the next stage of development with the addition of new state-of-the-art equipment. This is a giant step forward from our present local methods of processing gold. We are also excited to bring on a new highly qualified member, Mr. Semachko, to our team. Our goal is continue to improve the investors' ability to access updated information from the company.''


TARGET DEVELOPMENT GROUP (OTC: TDGI)
"Up 28.57% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/TDGI.php

Target Development Group Inc. intends to create, produce, and acquire professionally produced content in Music and Digital Short-Form and Long -Form Programming. The company would integrate social networks and other social networking video sites with its proprietary delivery system. This system would have media players, Built-in Ecommerce Solutions, Streaming Video, VOD, Video Podcasting, Mobile Video and Texting, which in turn support its Channels and Programs. It would produce much of its own original programming, mainly from live sponsored events, which solves licensee and clearance issues. The company provides interactive, targeted advertising (to each room in the house) which is tracked, recorded, and reported for measurable demographic results for the advertiser. The company, through its media division, intends to provide turnkey HD channels and HD programming opportunities for full power broadcasters to fill their digital spectrum or tiers using a proprietary patented delivery platform. Additionally, cable networks, low power stations, mobile networks and any ISP using multipoint acceptance can also receive the HD channels and HD programming from the company through its proprietary delivery platform.

TDGI News:

December 14 - Target Development Group in Pursuit of Hemdale

Multiple-Oscar-Winning Independent Studio Label Pegged for Acquisition

Target Development Group, Inc. (OTC: TDGI), the parent company of entertainment distributor Hannover House, is in negotiations to acquire and resurrect Hemdale Communications as a vehicle for Target's higher profile film releases.

Eric Parkinson, Target Chairman and Chief Executive Officer, was formerly C.E.O. of Hemdale Home Video, Inc. and Hemdale Communications, Inc. Over the past few weeks, and on behalf of Target Development Group, Parkinson has contacted the major shareholders of Hemdale Communications, Inc. and commenced negotiations to acquire certain assets, including the license authority for the company's releasing brand.

"This is a tremendous opportunity to build on the brand legacy of Hemdale and provide a quality releasing vehicle for Target," said Parkinson. "For more than 20 years, Hemdale was the most respected releasing label for independent cinema, filling a market segment that exists again today. The major studios have been moving their release plans entirely toward mega-event releases on 3,000 or more screens. In doing so, they have virtually walked away from the billion-dollar market segment for quality, mid-level theatrical titles. We believe that Hemdale brand will provide Target with the ideal releasing entity to address this significant market," he concluded.

During the late 1980s and early 1990s, the Hemdale name was synonymous with quality, independent cinema. The company produced and distributed over 100 major feature titles including two Best Picture Oscar winners, "Platoon" and "The Last Emperor." Other notable titles from Hemdale include "Terminator," "Hoosiers," "Impromptu," "Salvador," "Hidden Agenda" and "Vampire's Kiss."

Target's plan for a revived Hemdale would include the opening of a Los Angeles-based office to oversee production and acquisition opportunities.

"We're extremely excited about this opportunity, and hope to reach an agreement with the rest of the principal Hemdale shareholders soon," Parkinson concluded.


 

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