The Wonderfilm Media Corporation announce it has entered into an arm's length Share Purchase Agreement to acquire 100% of both WOL Productions. Under the terms of the Transaction, Ben Wu will be named Chairman of the Board of Directors and Kirk Shaw will continue as CEO of Wonderfilm. Stephon Marbury will be appointed CEO, Sports Media Division. The Board of Directors will consist of Ben Wu, Stephon Marbury, Kirk Shaw, Avis Zhu, Norman Tsui and Rob Straight.