IRVINE, CA - (NewMediaWire) - November 24, 2015 - Emaji, Inc. (OTC PINK: EMJI) announced today that it has appointed Christopher Petzel as its new President and CEO with an effective date of January 1, 2016.
Mr. Petzel will acquire Mr. Atwell's preferred A and B shares in the company as of the same date. Mr. Atwell will remain a consultant to the Company after this transaction.
Mr. Petzel has been an independent producer and financier for the past 14 years and has produced, executive produced or associate produced a number of theatrical features including "Seeking Justice" (Nicolas Cage), "War" (Jet Li and Jason Statham), "Rambo" (Sylvester Stallone) and "Good Old Fashioned Orgy" (Jason Sudeikis). During this period, he has been involved in the financing of several hundred million dollars of entertainment production and has advised some of the leading distributors and broadcasters around the world on the acquisition of entertainment assets.
He has extensive transactional and advisory experience and has served as an expert witness in matters pertaining to film financing, production, distribution and taxation.
Prior to 2001, Mr. Petzel worked for investment banking firm Houlihan Lokey Howard & Zukin in Los Angeles in their entertainment group where his clients included DreamWorks, Pacific Data Images (now DreamWorks Animation), Centropolis Effects, GRB Entertainment, Sundance Productions, Constantin Film AG, VCL Film + Medien AG, Castle Music and Bob Cooper's Landscape Entertainment. In 1999, he was one of the principal members of the team advising The Walt Disney Company in valuation matters pertaining to a much publicized arbitration with Jeffrey Katzenberg.
Before moving to Los Angeles, Mr. Petzel worked for the media finance department of Berliner Bank AG (London Branch), where he was responsible for the marketing, analysis and structuring of project loans and secured corporate debt for the film, television and video game industries. While there, he was involved in the financing of "End of Days" (Arnold Schwarzenegger), Roman Polanski's "The Ninth Gate" (Johnny Depp), Ken Loach's "My Name is Joe," and "Waking Ned Devine."
Mr. Petzel began his career at Goldcrest Films International, where he served as a sales executive and executive assistant to the CEO. After Goldcrest, he spent a year as an independent producer and film finance consultant for an attorney specializing in independent film.
Mr. Petzel has lectured extensively on film production and financing at several institutions, including the American Film Institute, University of Southern California, the University of Berlin, the Beverly Hills Chamber of Commerce, the University of North London, and the Swiss Forum of Communications Law.
Mr. Petzel studied business administration at the Universities of Barcelona (Spain) and Fribourg (Switzerland), where he graduated summa cum laude, ranking number one in a class of over 400. He is fluent in German, English, French and Spanish.
As announced on April 27, 2015, the company affirms its commitment to (i) not reverse its common stock, and (ii) not issue any new convertible debt.
Additional information about Emaji can be found in the Company's reports and filings at www.OTCMarkets.com and on the Emaji website at www.emaji.com.
Emaji, Inc. (OTC PINK: EMJI), based in Irvine, California, is a publicly traded development stage company with three divisions: Sports, Entertainment, and Ventures.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's reports and filings at http://www.OTCMarkets.com.
Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.