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Premiere Opportunities Group, Inc. Retracts Prior Statements About Lightheaded Beds, Inc.


Totowa, NJ –– To our shareholders and other interested parties. On August 13th Premiere issued a press release indicating that Direct LED, Inc., an advisory client of Premiere’s Trident Merchant Group, Inc. subsidiary, was in a “joint venture” with Lightheaded Beds, Inc.

It has come to our attention through communication with Lightheaded Beds that this was in error. There was no joint venture between the parties. Direct LED has no formal relationship with Lightheaded Beds or Disney and we find it incumbent upon us to report this to our shareholders and constituents. Direct LED was not authorized to make any announcement on behalf of Lightheaded Beds, nor did it have approval to make announcements regarding Lightheaded Beds’ partners, licensors, or future plans or products.

We apologize for the dissemination of incorrect information that arose from a miscommunication between Direct LED and Premiere. We respectfully retract the statements made in the August 13th release.

Direct LED, Inc. will continue its efforts in bringing to market “leading edge” technology for the opportunities that exist in the LED market and will work to repair any fallout as a result of the August 13th release disseminated by Premiere.


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