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Stamford, CT - (WORLD STOCK WIRE) - November 14, 2008 -- SNM Global Holdings (OTC PINK SHEETS: SNMN) announced today the plans to form a new subsidiary ZINOVOUS Entertainment Inc, a talent and live events services company.
With the return of the MMA Independent Alliance, Zinovous will specialize in the talent booking, management and the production of Live Events. The emphasis will be on Entertainment with expansion in to the Sports industry.
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The company plans a launch of Zinovous within the coming weeks and will announce the new president by November 30, 2008.
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“The focus of Zinovous will be booking, management and production of live events. The roster will consist of established and new artist. Also included in the business plan is an expansion into the sports industry. This will complement The MMA Independent Alliance and M.E.R.C Management. I will work very closely with management and lend my experience and expertise with the development of Zinovous” stated Mel Rich, President of SNM Global Holdings.
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In other news, as part of the return plan of the MMA Independent Alliance, the company has decided against moving forward with Dr. Spins Worldwide Marketing. The Brutal Nation social network project is still under consideration for the MMA Independent Alliance.
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The company also will appoint two new board members by year’s end to serve a one year term.
The company will unveil its expanded business plan over the coming day along with the new trading symbol SNMN beginning tomorrow. The name change to SNM Global Holdings will take effect at the close of business on 11/13/08.
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The company also is announcing a 1 to 200 stock reverse. Due to the difficult economic environment the company deemed it necessary at this time. The reverse will take effect at the open of business on 11/14/08.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays and risks detailed from time to time in the company filings with the Securities and Exchange Commission.
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Investor & Media Relations:
760-329-4169
email: cnmy@wsmg.biz
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Mel Rich; snmglobalholdings@gmail.com
SNM Global Holdings
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Stamford, CT 06901
USA
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Phone: 203-724-4649
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Source: SNM Global Holdings
Note: The following press release was submitted by: SNM Global Holdings, and World Stock Wire, Inc. is not liable for the contents of this press release.
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