Get Real USA Film Finance Subsidiary Attracts Ensemble of Movie Producers Seeking Tax Credit Assistance
Get Real USA reports its new film finance subsidiary, headed by Mr. Gregory M. Walker, is attracting significant interest from a variety of sources including; movie producers and production companies.
BEVERLY HILLS, Calif., Oct. 19, 2012 /PRNewswire/ -- Get Real USA, Inc. (PINKSHEETS: GTRL) reports its Film Finance subsidiary has been attracting a steady stream of requests for assistance in securing tax credit funding.
Gregory M. Walker, President of Get Real USA Film Finance said, "All along we were confident adding a film finance offering to our services made good business sense. And the fact that this operation is getting off to such a strong start completely validates this decision."
Get Real management is currently considering proposals from a number of movie producers and production companies seeking film tax credits. Funding candidates need assistance from GTRL in developing equity-based finance plans, incorporating film tax credits, for new production projects.
According to a 2012 report by Ernst and Young, Film Tax Credits benefit states by increasing employment and providing higher incomes generated by film production activities. In addition, the economic benefits to residents extend beyond the production activities themselves and include increased activity by suppliers to the film industry and increased consumer spending from higher incomes.
"We have two main goals in helping get new movie productions funded. Of course, our primary goal is to generate ongoing profits for GTRL shareholders. And it is our firm belief financing will deliver very attractive returns for this Company," continued Mr. Walker.
"Secondly we know new productions create jobs, which contribute to boosting the economy as a whole. A vibrant economy is good for consumers and GTRL as well."
Get Real USA management also reports there have been requests for movie completion bonds and other entertainment-related financial services.
"This looks to be a powerfully good year for Get Real USA in terms of all our services: production, distribution, and of course finance," concluded Mr. Walker.
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.
Safe Harbor 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.
SOURCE Get Real USA, Inc.
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.