Get Real USA Closes Pivotal Film Finance Transaction Earning
Commission in the Form of a Sellable Tax Credit Asset
BEVERLY HILLS, Calif.,
Dec. 7, 2012 /PRNewswire/ -- Get
Real USA, Inc. (pinksheets: GTRL)
announced that they earned a commission on a recent tax credit
financing transaction, which they facilitated.
"We're pleased our business plan has come together so well,"
said Gregory Walker, head of GTRL's
Film Finance subsidiary. "We believe the keys to our success in tax
credit financing are flexibility, creativity and experience."
"This is exactly the approach that closed a recent deal and
earned Get Real USA a bookable
twenty-five thousand dollar
short-term interest bearing asset in the form of a Louisiana
Film Tax Credit. The tax credit is a commission for
facilitating the transaction, and we're confident this is one of
many such commissions we'll earn going forward."
As previously announced, Get Real USA management has been working to develop a
Film Tax Credit Fund operated by Get Real USA and managed by Mr. Gregory Walker. Part of the company's
objectives for the Fund is to seek out investors interested in
purchasing Film Tax Credits.
The Company believes facilitating tax credit sales should allow
GTRL to receive intermediary fees and, in some cases, directly
acquire interest bearing tax credit.
Frank Weber, CEO of Get Real
USA said, "Get Real USA continues to adapt since first changing
our course of business a year ago. However, as much as we change we
continue to hold onto our core strategies: establishing critical
industry relationships, focusing on pressing entertainment industry
demand and continuing to build a team of professionals."
Facilitating Film Tax Credit transactions gives Get Real
USA another revenue stream to fund
operations. The Company's goal is to achieve a steady revenue
baseline while developing high-profit film production and
distributions deals, which can take up to a year to wrap up.
About Get Real USA,
Inc.:
Get Real USA,
Inc. (GTRL.PK) is in the business of producing, distributing
and financing low-budget, high quality genre pictures using
recognizable name talent.
GTRL's business strategy is to work with highly skilled
producers and directors who also offer fierce attention to risk
assessment and cost management.
The Company's goal is to create a strong production and
distribution pipeline while taking advantage of new technologies,
production efficiencies and value-added enhancements such as
innovative and edgy marketing strategies.
For more information visit the Company's websites:
www.GetRealMovies.com
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Statement
The information posted in this release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify these
statements by use of the words "may," "will," "should," "plans,"
"explores," "expects," "anticipates," "continue," "estimate,"
"project," "intend," and similar expressions. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from those projected or anticipated.
These risks and uncertainties include, but are not limited to,
general economic and business conditions, effects of continued
geopolitical unrest and regional conflicts, competition, changes in
technology and methods of marketing, and various other factors
beyond the Company's control.
Contact: info@getrealmovies.com
Get Real USA: 631-517-0093
SOURCE Get Real USA, Inc.