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Parallex Ent.(PLLX) TEST MARKET HUGE SUCCESS! Time:6:21:10 AM


From: moonflowerreena
Subject: Parallex Ent.(PLLX) TEST MARKET HUGE SUCCESS! Time:6:21:10 AM
Date: Tue, 5 Mar 2002 06:21:10

Dear, Mr. psidor,  Hello
Our last pick ENGY from .06 to .14  CONGRADS!  up 100%

Nice pull back entry opportunity  for PLLX.

Parallax Entertainment Inc. (www.HitDial.com)
has positioned itself to become a leader in the online music industry.
Not only does it represent and license hot new bands, but it also serves
as an online portal for all types of musicians seeking to expand their
audiences. 

Parallax Entertainment Inc. (OTCBB: PLLX)
Current Price:      $0.07
Shares Outstanding: 60.9M
Public Float: 25M


SEC Filings for PLLX
Parallax Entertainment Incorporated: A brand new and cutting edge concept in
Promoting and Delivering Music to the Consumer Market.

The Company:

Parallax Records:  Parallax Records produces music for a variety of
categories and maintains ownership of the intellectual property rights of
the albums produced. The company develops the artist and then markets and
licenses the finished product to major record labels.  Revenue is generated
from advances on future royalties, royalties, publishing royalties,
merchandise sales, and merchandise royalties.  See: www.parallaxrecords.com

HitDial.com:  HitDial.com acts as a promotional outlet and e-commerce
solution for musicians via the Internet.  Musicians can apply to obtain a
"micro-page" on the HitDial site where they can display a biography, audio
sample, and photo of their band.  As members, musicians will benefit by
gaining a larger fan base and the company profits from the sale of the
members' merchandise and the gathering of valuable consumer data statistics
on the industry.  See: www.hitdial.com

Industry Statistics:

Over the last decade the music industry has been consolidated into 5
conglomerates controlling 75% of the world's music market: Sony Corp., AOL
Time Warner, Inc., EMI Group, Bertelsmann AG, and Vivendi Universal. With
consumers no longer replacing old cassettes, albums and 8-tracks, sales of
back catalogue music has tapered off. According to SoundScan, sales of
recorded music dropped by roughly $50 million (US) last year. With investors
to report to, these major labels are responding by restructuring. In an
effort to deliver short-term profits, these mega-giants are looking for
quick hits and have ceased the age old process of discovering and developing
talent. Now major record labels are turning to independent labels and artist
management companies in search of already developed talent. This has created
an expanding and lucrative niche for companies like Parallax.
Examples of two independent labels that have prospered during recent
consolidations are Wind-Up Records (Creed, Drowning Pool) and
Roadrunner Records (Nickelback, Slipknot).

The 2000 global music market was worth $36.9 Billion with total unit sales
of over 3.5 billion.  With such an enormous potential market, even the
smallest gain of market share could mean millions for Parallax
Entertainment. Jupiter Media Metrix, a leader in e-commerce data
development, expects a continual annual growth rate of 76% in online music
sales (growing to about $2.6 billion in 2003).  With many top recording
artists actively recruiting agents to manage their Internet presence,
Parallax Entertainment Inc. is perfectly positioned to become an industry
leader.

Parallax Entertainment projects that if the company captures 1/5 of 1% of
the recorded music market the company will generate at least $55 million in
cumulative revenues over the next 5 years. 

The company currently operates with an extremely low overhead of only
$350,000 - $500,000 per year.

Company Highlights:

Parallax Entertainment currently manages two up-and-coming bands, Track 10
and TEK3.  Harder Beat magazine has given TEK 3 rave reviews and has already
labeled them a band with "the potential of having a long career."

PLLX has recently entered into a consulting agreement with David H.
Chidekel, a leading New York entertainment attorney whose client list has
included such big names as Universal Records Group, EMI Records, Arista
Records, and Shaggy, Filter and Dee Lyte.  Mr. Chidekel joins Parallax's
advisory board and will serve as a consultant during the company's
expansion.

The company has joined forces with Uncommon Media Group (OTCBB:UMDA) to
promote TEK 3 on an enhanced CD-ROM in over 350,000 issues of the June
edition of the World Wrestling Federation's RAW Magazine.  Parallax also
plans on circulating over 800,000 copies of a CD-ROM featuring Track 10 and
TEK 3 in the July issue of SPIN magazine as well.

Parallax Entertainment has test marketed two songs by artist Track 10 on
radio station KQKY Hits 106FM. Both consecutive tests resulted in the songs
becoming the number one request topping major label artists including Alien
Ant Farm, Gorillaz, N*SYNC, Michael Jackson, Staind, Alicia Keys and
Destiny's Child.

TEK 3 is currently collaborating with producer Carlos Broady for tracks on
their debut release on Parallax Records. Mr. Broady has produced tracks for
such well known artists as Sean Puffy Combs 'Puff Daddy', (Bad Boy/Arista),
Notorious B.I.G. (Bad Boy/Arista), Mase (Bad Boy/Arista), Lil' Kim
(Untentertainment/Arista) and LL Cool J (Def Jam Music Group).  Recently,
Broady produced tracks for artist India.Arie whose debut album on Universal
Records was nominated for seven (7) Grammy Awards including Album of the
year.

Summary:

Parallax Entertainment, Incorporated has positioned itself to become a
leader in the online music industry.  Not only does it represent and license
hot new bands, but it also serves as an online portal for all types of
musicians seeking to expand their audiences.  Overhead costs are kept at a
minimum and revenue potential in the industry is enormous.  Management is
actively consulting entertainment industry experts like David Chidekel who
has represented numerous major label artists and who is currently "of
counsel" to the prestigious law firm that also represents NSYNC and LFO.
All in all, if looking for a play in the ever changing  music market then
PLLX is definitely worth a second look.

Recent PLLX News:

Monday, Feb 25 2002: TEK 3 to Record Debut Album On Parallax Records

Friday, January 25 2002: Parallax Entertainment, Inc., Forges Alliance With
NY Based Uncommon Media Group
Tuesday, January 8 2002: Parallax Entertainment, Inc. Signs Consulting
Agreement With NY Based Entertainment Attorney David H. Chidekel

Company Contact Information:

      COMPANY CONTACTS:

            Gust Kepler President and CEO
            Kimberly Donovan Controller
            William Kepler Vice President of Operations
            Jason Abbott Art Director
            Nicole Evenson Office Manager

      PRESS CONTACT:

      Nicole Evenson
      nikki@ParallaxMusic.com
      Phone: (972) 726-9203

      INVESTOR RELATIONS

      Tim Barham
      MarketMarquee.com
      Phone: (731) 983-5292
      info@marketmarquee.com







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