Get Real USA to Leverage Proven Expertise with Initial Focus of
Film Finance Subsidiary by Securing Louisiana and Georgia Film Tax
Credits for Qualifying Projects
BEVERLY HILLS, Calif.,
Nov. 9, 2012 /PRNewswire/ -- Get
Real USA, Inc. (PINKSHEETS: GTRL)
has received a flood of responses related to film financing after
one of our most recent press releases. GTRL management plans to
review all applications for projects that satisfy their Film Tax
Credit requirements.
"We are pleased that so many potential candidates for Film Tax
Credits have contacted the company to inquire about obtaining
financing, completion bonds and interest in utilizing Louisiana
Media Production (LAMP) facilities," said Mr. Gregory Walker, President of Get Real
USA Film Finance.
In an October 26, 2012 news
release Get Real USA announced
they are working with Mr. Gregory
Walker to develop a Film Tax Credit Fund. To clarify:
at this time, the GTRL Film Finance Fund will only focus on
Louisiana Film Tax Credits. In the future, the Company anticipates
expanding the program to other States that offer tax incentives for
film production.
"It made sense for Get Real USA
to first leverage our experience with tax credits in Louisiana," stated Mr. Walker. "We already
have considerable experience there which enables faster ramp up of
operations with little or no learning curve of additional local
requirements."
The financing capabilities of the tax credits, in conjunction
with Get Real's film production agreement with Louisiana Media
Productions allow film producers the opportunity to utilize the
state of the art facilities in Louisiana.
"Get Real management is currently working to: secure primary
financing or facilitate third-party financing and provide other
consulting with potential candidates. This means, if Get Real
USA is not able to directly
provide tax credit funding, we will use our experience and
strategic industry relationships to help identify appropriate
external project financing."
"We're committed to doing whatever it takes to make our Film
Finance Subsidiary successful," added Mr. Walker.
About Get Real USA,
Inc.:
Get Real USA, Inc.
(GTRL.PK) is in the business of producing and distributing
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. Or email us at info@getrealmovies.com
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.