New York, New York 7/5/2007 11:12:46 PM
News / Business

General Metals Corporation (OTCBB: GNLM), Family Room Entertainment Corporation (OTCBB:FMLY), and China Sky One Medical, Inc. (OTC Bulletin Board: CSKI).

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  General Metals Corporation (OTCBB: GNLM) confirms that on July 4, 2007 a   Confidentiality Agreement was mutually executed which gives General Metals 90   days to exclusively review and undertake due diligence with the aim of   purchasing the Ofelia Gold Mine located in Sonora, Mexico about 30 miles south   of the Arizona border. The Ofelia mine represents another near term production   opportunity for about 200,000 ounces of reported gold. There is exploration   potential for up to 500,000 ounces of gold according to reports on work   conducted by Canadian Companies who conducted substantial drilling in1997. The   work is not yet SEC Industry Guide 7 compliant, but the Company intends to bring   it into compliance should we complete this acquisition.
 
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  Family Room   Entertainment Corporation (OTCBB:FMLY), in accordance with Regulation "FD" (Full   Disclosure), would like to announce that on June 28, 2007, Co-chairman and CEO,   George Furla has purchased 23,976,000 shares of FMLY on the open market at a per   share price of US$0.0004 and on June 29, 2007, Co-chairman and CEO, George Furla   has purchased 25,000,000 shares of FMLY on the open market at a per share price   of US$0.0005.
 
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  China Sky One Medical, Inc. (OTC Bulletin Board: CSKI), a manufacturer,   marketer and distributor of pharmaceutical, medicinal and diagnostic products in   China, today announced that its facilities and products passed a surprise   inspection by China's State Food and Drug Administration ("SFDA") on June 28,   2007. Government officials and industry professionals working for the SFDA   inspected the Company's production process, including the quality of raw   materials, final packaging, consumer instructions, as well as stock-keeping   methods.

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