Red Giant Entertainment Inc. REDG Red Giant Entert
Post# of 1674
Red Giant Entertainment Inc. REDG Red Giant Entertainment, Inc. was incorporated in the State of Nevada on June 27, 2005 under the name Castmor Resources, Ltd. Prior to June, 2012, we were primarily engaged in the acquisition and exploration of mining properties. Although it was our initial intention to be a mineral exploration company, due to the lack of revenues and adequate financing, we abandoned our business plan and began seeking out potential acquisitions, joint ventures and/or strategic relationships. Effective with the acquisition of Red Giant Entertainment, Inc., a Florida corporation on June 11,2012, we became an intellectual property development company.
We believe that the digital distribution of content provides an opportunity to reach a wider and more diverse audience for original stories and the creation of modern myths provides the audience an interactive entertainment experience and also serves as a platform for advertising, merchandising and transmedia development.
The Company's properties, comic book style, are intended to be developed for both the comic book market and also used in other media such as movies, video games, television, novels, toys, apparel and telephone wireless applications. The Company intends to engage in either the direct production of its properties or enter into licensing agreement with others. The product is intended to be available for others to purchase advertising on terms and conditions to be determined by the licensee of the product. The Company intends to retain a royalty for both the product and for the included advertising content. Merchandise revenue related to the product will also be available to the Company on terms and conditions to be negotiated between the licensee and the Company or retained by the Company.