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Marker Movers: Silver Screen Studios, Inc. (OTCBB:SSSU) closed at $0.005 on vol. of 3.2 million shares. SSSU announced the implementation of a structured finance unit for the creation of asset backed financial instruments. With this development SSSU is well on its way of becoming a major player in the entertainment and real estate markets. The structured finance market is used extensively by the major Hollywood studios to finance their slates of projects. SSSU by implementing the same structure on the independent level has a real opportunity to raise the level of independent production and become a leader in financing independent productions.
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