SARASOTA, FLORIDA, September 14, 2021 (GLOBE NEWSWIRE) – E Med Future / Garrison Film (OTC Pink: EMDF) Launches Innovative New Independent Film Fundraiser and Legion M Partnership Solving One of Long-Standing Obstacles financing of independent films – liquidity.
Garrison Film CEO Gary Kompothecras said, “We are delighted with the partnership with Legion M Entertainment. We believe our publicly traded company is solving what makes financing independent films so difficult: the lack of cash. Typically, independent film producers seeking funding must overcome the challenge of convincing equity investors to fund a film’s production until its revenue-generating release, which can take years. . Such investments may never become liquid, creating an unsustainable cycle between the needs of film producers and the timing of returns required by film investors. Our company, Garrison Film, is committed to meeting this challenge. We believe there is a better way to protect entertainment investors by allowing them to participate in a liquid investment entity. “
Mr. Kompothecras adds, “Garrison Film will invest in a roster of independent feature films, providing a disruptive new film investment opportunity: immediate cash flow. Along with this news, we are also announcing a strategic partnership with fan-owned entertainment company, Legion M Entertainment, Inc., which will be asked to help develop and produce a number of projects, including the first to be announced in such a way. imminent.
Mr. Kompothecras says, “We have assembled a formidable team with Legion M seeking to create a library of entertainment assets for the entertainment and media market in the United States, valued at over $ 720.38 billion. USD. This huge market creates a multitude of opportunities for filmmakers and investors. I also want to reiterate to our shareholders that we do not anticipate a reverse split in the foreseeable future. “
Here are some other highlights provided by the company:
- The company is also in good standing with Standard Transfer Corporation, and we have confirmed that the capital structure of the company is:
- Authorized: 200 million ordinary shares
- Exceptional: 42 560 615 Restricted
- Float: 16 581 326
- We are debt free.
- We do not anticipate reverse splits in the near future. With only 16.5 million shares in the float, this is unnecessary.
About Garrison Film, LLC / Gary Kompothecras
Garrison Film is founded by Gary Kompothecras, executive producer of Nap key, one of MTV’s oldest unscripted series. Business successes also include Group of Doctors, LLC, a Joint Commission accredited multidisciplinary / multi-specialty medical group with over 40 facilities and currently employing over 400 Floridians. Other successes include the creation and branding of 1-800-Ask Gary®, and growing investment in tourism in Florida with the acquisition of hotel and resort properties. Mr. Kompothecras has a proven track record of successfully navigating financial markets, managing international trade, and innovating in healthcare management.
About Legion M Entertainment, Inc .:
Legion M is the world’s first fan-owned entertainment company that revolutionizes the way entertainment is done in Hollywood by bringing together a growing fan community of over 130,000 members, including nearly 30,000 fan-owners. Through its fan-owned business model, Legion M invests in a diverse roster of original projects in various stages of development, including the epic fantasy The Emperor’s Blades, the comic and feature film Girl With No Name, and the documentary Memory. : The Origins of Alien; several original television series including Evermor, Airship Cowboys and Malice; as well as interactive and virtual reality-based projects including ICONS: Face to Face with the late Stan Lee and Kevin Smith. Legion M is also investing in partner productions, including Kevin Smith’s feature Jay and Silent Bob Reboot, as well as critically acclaimed Colossal, starring Anne Hathaway and Jason Sudeikis, and directed by Nacho Vigalondo, the cult hit Mandy with Nicolas Cage and directed by Panos Cosmatos, the epic and rocky nemesis starring Joe Manganiello, and the Sundance sensation Save Yourselves! which was released by Bleecker Street in Fall 2020. Legion M has produced high-profile events honoring some of the biggest names in the industry, including the Stan Lee Hand and Footprint Ceremony at TCL Chinese Theater in Hollywood in 2017. To learn more about Legion M and become a Legion member for free, visit www.legionm.com.
Legion M is teaming up with top Hollywood creators – from independent filmmakers to major Hollywood studios to produce a list of movies, TV and digital content.
Safe Harbor Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act 1995. The forward-looking statements contained in this press release include the intention, belief or expectations of the Company and members of its management team with respect to the future business operations of the Company and the assumptions upon which these statements are based. Potential investors are cautioned that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these differences include, but are not limited to, inability to achieve expected sales in negotiations, lack of revenue growth, customer drop-outs, inability to make improvements in terms of performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its ordinary shares . Additional factors which would cause actual results to differ materially from those contemplated in this press release can also be viewed on the Company’s website. The Company assumes no responsibility for updating forward-looking statements.
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