In the news release, Acquisition of Stellar Mega Media Empire from Mr. Qin Hui Cost Starwin Media Holdings Inc. (OTC:SWMD) $225 Million, issued earlier today by Starwin Media Holdings Inc. over PR Newswire, we are advised by the company that the third paragraph should read: "Currently, Starwin is in the process of taking over Stellar media empire, and upon official takeover of the media empire, Starwin shall restructure the management platform of the media empire and also make an acceptable debt settlement agreement with the creditor banks of Stellar. Starwin is seeking assistances from the regulatory agencies, Finance Department, and China Stock Exchange Commission to legally takeover the media empire. Based on the financial information provided by Mr. Qin Hui (who directly and indirectly controls), Stellar Mega Media Group has a total debt of more than RMB 2 billions equivalent to $250 million with net assets of not less than $350 million. The injection of $200 million as capital by Starwin for Stellar Mega Media Group is not sufficient to settle the current debts of the group, and Starwin plans to raise an additional of US$50 million to payoff Stellar's debts." rather than: "Currently, Starwin is planning to take over the media empire, and also to restructure the management and heavy debit structure. Starwin is seeking assistances from the regulatory agencies, Finance Department, and China Stock Exchange Commission. Based on the financial information provided by Mr. Qin Hui (who directly and indirectly controls). Stellar Mega Media Group has a total debt of more than RMB 2 billions equivalent to $250 million with net assets of not less than $350 million. The injection of $200 million as capital by Starwin for Stellar Mega Media Group is not sufficient to settle the current debts of the group, and Starwin plans to raise an additional US$50 million to payoff Stellar's debts." DATASOURCE: Starwin Media Holdings Inc.

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