Get Real USA Film Finance Subsidiary Attracts Ensemble of Movie
Producers Seeking Tax Credit Assistance
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.
For more information contact:
info@getrealmovies.com
Phone: 631-517-0093
www.GetRealMovies.com.
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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.