Camelot Entertainment Group Plans Bridge Financing Program
13 Outubro 2008 - 10:30AM
PR Newswire (US)
Camelot's Production Services Group Division Looking at Late-Stage
Bridge Funding ALISO VIEJO, Calif., Oct. 13 /PRNewswire-FirstCall/
-- Camelot Entertainment Group, Inc. (OTC:CMLT) (BULLETIN BOARD:
CMLT) ("Camelot") announced today that Camelot Production Services
Group is planning to launch a late- stage bridge financing program
for feature films. Camelot Production Services Group is one of
three Camelot divisions. Under the planned program, funding would
be available for short term late-stage financing for films which
have full funding in place but need short term funding in order to
meet production deadlines while awaiting release of funds. Specific
details of the financing program are expected to be released later
this quarter. Additional information concerning this program can be
obtained by emailing . About Camelot Entertainment Group, Inc.:
Camelot Entertainment Group, Inc. is a US publicly traded company
(symbol "CMLT") with three major divisions: Camelot Film Group,
Camelot Studio Group and Camelot Production Services Group. Camelot
is building a different kind of motion picture studio
infrastructure by redefining the development, financing,
production, and distribution process. Creating a world where
filmmaking dreams come true, Camelot integrates early studio
models, education, new technologies and fiscal responsibility to
acquire, develop, finance, produce, market and distribute high
quality commercial motion pictures, television and digital media.
For general information about Camelot Entertainment Group, Inc.,
please visit the Company's web site at
http://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: Camelot Entertainment
Group Investor Relations: (949) 334-2950 DATASOURCE: Camelot
Entertainment Group, Inc. CONTACT: Camelot Entertainment Group
Investor Relations, +1-949-334- 2950, Web site:
http://www.camelotfilms.com/
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