Egg Harbor Township, NJ, September 24, 2013 –(PR.com)– Area 51 Entertainment is pleased to announce it has launched its Series A funding round. Area 51 Entertainment was formed on January 19th, 2011 as a privately held New Jersey C-Corporation with the intent of specializing in the development, packaging, production, and distribution of motion pictures for global theatrical, television, and video markets. Over the preceding two and a half years Area 51 Entertainment has developed a total of fourteen films for production over the ensuing three years, with most budgets in the $1 million to $35 million range.
Area 51 Entertainment’s first film slated for production is currently going by the production titled of “Coming out for Christmas.” Pre-Production, budgeting, and preliminary casting and location scouting, on this project have already been performed by the partners. Area 51 Entertainment also has thirteen additional films in development; “Diamond in the Rough,” a drama film, about two teenage girls growing up in an abusive household, “Agent: Undercover,” an action/adventure teenage spy film, and “Spirit of Rock,” a comedy/drama, about a poor rock band trying to make it. Area 51 Entertainment is also developing ten other projects including, “The Pines” trilogy, “The Last Days of Summer,” “Reflex,” “Redacted,” “Faith in Fragments,” “The Terranians,” and sequels to both “Agent: Undercover” and “Spirit of Rock.
Area 51 Entertainment’s Series A funding round consists of a minimum of 5 shares, with a minimum gross proceeds of $100,000.00, and a maximum of 500 shares, with a maximum gross proceeds of $10,000,000.00. The Company will be conducting the offering in such a manner that shares may be sold only to “Accredited Investors” as that term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933 (the “Securities Act”).
The offering is not underwritten and the shares are offered on a “best efforts” basis by the company through its officers and directors. This offering is made pursuant to Securities and Exchange Commission Regulation D Rule 506(c). The company’s business plan, risk factors, financial projections, frequently asked questions, copies of scripts, budgets, and finance plans can be found at http://www.investinarea51.com/
Area 51 Entertainment is a producer and distributor of motion pictures for global theatrical, television, and video markets. Area 51 Entertainment’s projects are based on strong dramatic storylines, which will be utilized first and foremost for all movies, allowing for the attraction of A-list actors to the projects, as well as attracting a more diverse and global audience in the marketplace. Area 51 Entertainment currently has a slate of fourteen films in development, including “Coming Out for Christmas,” “Reflex,” “Diamond in the Rough,” “Faith in Fragments,” “The Pines” trilogy, “The Last Days of Summer”, “Redacted”, “Agent: Undercover”, “Spirit of Rock,” “The Terranians,” and sequels to both “Agent: Undercover” and “Spirit of Rock.”
If you’d like more information about this topic please email Andrew McCarrick at Andrew.McCarrick@area51entertainment.co or investors@investinarea51.com.
Phone: (609) 927-9683 or (609) 432-9631.