Truli Media Group Begins Trading as Public Company: Ticker Symbol TRLI
11 Septiembre 2012 - 7:00AM
Marketwired
Truli Media Group, Inc., (OTCBB: TRLI), which owns and operates
Christian media content platform and social community hub
Truli.net, today announced it has begun trading as a fully SEC
reporting public company on the OTCBB with the stock ticker symbol
TRLI.
Its transition to a publicly trading company is the result of
the Company's recent merger with S.A. Recovery (OTCBB: SARY), a
subsequent name & ticker symbol change -- all of which were
completed last month.
Truli was founded, funded and is led by veteran worldwide media
and content distribution executive Michael Jay Solomon. With over
50 years of experience, Mr. Solomon is the former co-founder,
Chairman and CEO of Telepictures Corp, later merged into
Lorimar-Telepictures, which later merged with Warner Bros.
International Television where, as President, he built the world's
largest television content distributor.
At Truli, he has built a senior management team of carefully
selected, seasoned industry executives. After a year and half of
extensive planning, corporate and website development and content
aggregation the Company launched operations with Truli.net in July.
Today, Truli.net is an innovative, robust platform that hosts a
vast and fast growing library of on-demand and queried media
including sermons, music, books, audio and music videos, concerts,
movies, comedy and specialty programming -- all within a trusted
social network of shared affinity.
"Our business model is simple, conceived for the 21st century
using advanced interactive technologies," Truli Media Group
Founder, President and CEO Michael Jay Solomon explained. "We
provide a free, robust and highly interactive online distribution
platform which directly connects individuals worldwide to a vast
community of Christian and family content and social network hubs.
Annual sales in the U.S. Christian retail industry are $4.3
billion. International sales are estimated at about $4.5 billion or
more.
"All of our globally aggregated content is provided to Truli.net
for free. We monetize that content through multiple revenue streams
including advertising, e-commerce such as books, music, movies,
educational materials and games, sponsorship, pay per view events
and more -- none of which we actually inventory physically.
"All the rest is successful execution, at which I and my team
are well experienced and quite capable," Mr. Solomon added.
About Truli.net Recognizing a need for a
simple and centralized vast library of family and faith-based
subject matter combined with unifying social interaction, a team of
ministry leaders, technologists, artists and business people
gathered to address this need on behalf of the Evangelical
Christian community, estimated at more than 100 million people in
the U.S. and over 700 million internationally.
With representatives in Dallas, Miami, Denver and Atlanta, Los
Angeles-based Truli Media Group is led by Michael Jay Solomon and
an experienced team of industry and ministry leaders. Collectively,
they aggregate family friendly, faith-based Christian quality
content, music, film and manage a platform for collaborative,
social networking amongst members of the Christian community
worldwide, allowing them to share, communicate and deepen their
faith together.
For more Truli.net on social media, go to the official Facebook,
Twitter, Pinterest, YouTube and Google+ and join the conversation.
www.truli.net.
Contact Information Media Contacts: Rogers
& Cowan Lesley Burbridge lburbridge@rogersandcowan.com 310
854 8100 Investor Relations Chuck Arnold info@invrel.net
386.409.0200 Truli Media Group Manuela Ruggeri
manuela@trulimediagroup.com 310-666-1703
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