TORONTO, June 29 /CNW/ - Queen Street Entertainment Capital Inc.
(TSXV:QE; OTCQX: QSETF.PK) ("Queen Street") is pleased to announce that
subject to regulatory approval, Porter, Levay & Rose ("PLR") of New York has
been retained to act in the capacity of Queen Street's investor relations
advisor for an initial period of 6 months beginning July 1, 2007. PLR's
primary responsibilities will include the development and implementation of a
public investor relations and communications program. PLR will provide
continuing assistance to the development and enhancement of Queen Street's
public and market image.
For over 37 years, PLR has provided public relations, corporate
communications and corporate finance consulting services to numerous NYSE,
AMEX and NASDAQ companies including well respected media and merchandising
clients such as Aaron Spelling Productions, National Lampoon and Ideal Toys.
PLR is based in New York and will provide its services on a consulting
basis. It will receive consulting fees of $5,500 (U.S.) per month and, subject
to regulatory approval, has been granted incentive stock options to purchase
50,000 shares of Queen Street at a price of $.40 per share until July 1, 2009.
PLR's principal, Michael Porter, currently owns 50,000 common shares in Queen
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release or the
information contained herein.
For further information:
For further information: Queen Street Entertainment Capital Inc., Leif
Bristow, President and Chief Executive Officer, (tel) (416) 691-6655 ext 222,
or Annette Grot, VP, Finance, ext 231