Camelot Entertainment Group Rolls Out Production Services Group
Camelot Entertainment Group Rolls Out Production Services Group
- Camelot Production Services Group to Provide Bridge Financing, Consulting and Technical Services -
IRVINE, Calif., April 25 /PRNewswire-FirstCall/ -- Camelot Entertainment Group, Inc. (BULLETIN BOARD: CMEG) announced today the roll out of Camelot Production Services Group, a wholly owned subsidiary of the Company, that will provide bridge financing, production consulting and technical services to the film, television and digital media industry. In addition, the Production Services Group will support the operations of the Company's other two divisions, Camelot Film and Digital Media Group and Camelot Studio Group.
The bridge financing program is a short term fiscal tool designed to service productions that have secured financing but have a gap in cash flow requirements due to advanced start dates ahead of funding release schedules. The consulting services will encompass all aspects of film production and distribution, from creation, development and packaging to production, delivery, distribution and collection. Technical operations will focus on pre-production, including 3d previsualization, production, post production and distribution, including digital delivery and financial collection and reporting systems.
About Camelot Entertainment Group, Inc.: By combining the efficiencies realized by studios of the early 1900's, when studios produced and distributed numerous films every year profitably and effectively, with the artistic focus, diversity and technology of today's production landscape, Camelot Entertainment Group, Inc. (BULLETIN BOARD: CMEG) plans to develop, produce, market and distribute original motion pictures, consistently producing films with the look, feel and artistic content of feature films for a fraction of the cost. Using this approach, the Company believes the risk-reward relationship facing the typical film project can be dramatically shifted. For general information about Camelot Entertainment Group, Inc., please visit the Company's web site at www.camelotfilms.com.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission Reports and Filings.
Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
CONTACT: Investor Relations
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com
Camelot Entertainment Group
Michael B. Ellis, COO
949/777-1090
Source: Camelot Entertainment Group, Inc.
CONTACT: Investor Relations, Paul Knopick of E & E Communications,
+1-949-707-5365, pknopick@eandecommunications.com, for Camelot Entertainment
Group, Inc.; or Michael B. Ellis, COO of Camelot Entertainment Group,
+1-949-777-1090
Web site:
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