a). KRAFTROC – Company has contracted with Atlan
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a). KRAFTROC – Company has contracted with Atlantic Film Studios for the production and distribution of a feature length musical film. Under the terms of the agreement, Atlantic shall be responsible for raising the production funds, estimated at $3.5-mm USD. “Kraftroc” was originally developed as a film for Michael Jackson, who was working with the principal producer, Elliott Straite (“Dr. Freeze”) prior to Jackson’s sudden and untimely death in 2009. The film chronicles the story of a team of interplanetary travelers, sent to Earth by Captain EO and challenged to spread enlightenment through music. Although visual images voice recordings of Michael Jackson are part the existing materials for KRAFTROC, there is no assurance that the trustees governing the Michael Jackson Estate will authorize such uses. Regardless, Atlantic is proceeding with the production and has already commenced principal photography. Company will be presenting a promo reel at the Cannes market and offering international rights licensors the opportunity to buy the film for their applicable territories & media.