OPERATIONAL SUBSIDIARIES

 

OBN’s subsidiaries are divided into functional groups based on the industry sectors. The primary functional groups are described below.

ENTERTAINMENT GROUP
  The OBN Entertainment Group is comprised of four subsidiaries: Omni Broadcasting and All Sports Television Network, television broadcasting companies; Eclectic Entertainment, a film and television production company; and Retro Records, a music recording company. All three firms are based in the United States. In addition to providing advertising outlets for all of our companies, distribution and merchandising are essential components of all entertainment related operations.
MANUFACTURING AND DISTRIBUTION GROUP
 

An OBN acquisition under this group includes a license for proprietary method to recycle various types of plastics, and produces products via injection molding. Additionally, OBN acquired Kyodo USA, an American trading company that sells meat products from Mexico to distributors in Japan.

TECHNOLOGY GROUP
 

The OBN Technology Group consists of Filmhook, an internet broadband and digital distribution portal based in Las Vegas, Nevada, USA. The group also includes intelligent traffic light technology licenses acquired from the Peoples Republic of China. OBN is currently developing strategies for exploiting the technology in the United States.

MERGERS & ACQUISITIONS
 

The OBN Mergers and Acquisition Division is responsible for identifying, evaluating and negotiating the acquisition of suitable profitable companies and, in some instances function as a business incubator. The types of assets sought include established profitable businesses, developed and undeveloped real estate, and oil and gas properties. Assets acquired are not limited to specific industries or geographic regions. Once acquired, the subsidiary is integrated into the OBN’s development programs.