Goliath Acquires Equity Stake in Three Films
LOS ANGELES, Nov. 9, 2012 /PRNewswire/ -- (GFMH) Goliath Film and Media Holdings Inc. (GFMH) (the "Company" or "Goliath") is pleased to announce that it has acquired a 30% equity stake in the films The Perfect Argument, Seducing Spirits, and The Truth About Layla. CEO Lamont Roberts stated, "These acquisitions will provide additional and substantial revenue to the company and we are honored to represent such quality films."
About The Company
Goliath Film and Media Holdings focus on developing and distributing film content in the United States and internationally. The company also specializes in developing screenplays in the genres of education, faith-based, socially responsible minority themes, horror, romantic comedies and drama with the intent of outsourcing the production to a separate entity with an agreement for Goliath to distribute the specific film(s). Goliath based in Los Angeles, California licenses films through a distribution network of exhibitors, distributors, and television networks.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
SOURCE Goliath Film and Media Holdings Inc.
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