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Exhibit 99.1

 

Red Rock Pictures Holdings, Inc. Signs a Letter of Intent With Office Supply Line, Inc.

 

HOUSTON, Sept. 14, 2011 (GLOBE NEWSWIRE) -- Red Rock Pictures Holdings, Inc. (RRPH) (the "Company") a Nevada company, announced that on August 5, 2011, it executed a non-binding Letter of Intent with Office Supply Line, Inc. ("OSL") pursuant to which the Company will enter into a share exchange agreement with OSL. Pursuant to the agreement, OSL shareholders will exchange all of their shares for newly issued shares of the Company. The letter of intent also provides for the Company to spin-off a private company to certain of its shareholders in consideration of the cancellation of its shares and the assumption of certain indebtedness of the Company.

 

A definitive share e


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