Legend Investment Signs Letter of Intent With Hollywood Veterans
Ann Arbor, Michigan -- (January 26, 2005) -- Legend Investment Corp (OTC::LVCP) today announced that is has signed a letter of intent to provide financing for a feature motion picture with two industry veterans - Michael Meltzer and David O’Malley.
Legend Investments anticipates providing the financing for their project, “Tooth and Nail”. The is a horror film set in present day Los Angeles. The project is currently in preproduction with an expected start date of April. Legend expects to receive a preferred rate of return as well as participation in all revenue streams from the film.
Michael Meltzer has worked in the entertainment industry for the past twenty years. His resume includes the successful production of ten
feature motion pictures.. His business relationships include or have included Hilary Swank, Jon Peters, Barbra Streisand, Mike Medavoy, and Robert Redford.
David O’Malley has had a successful career as a writer, director, and producer. His most recent film, “Kalamazoo?”, is set in Kalamazoo, Michigan and tells the story of a reunion of three Michigan women after 10 years.
"We are very excited to be in business with these two Hollywood veterans. I am highly confident that this venture will be successful and profitable for our shareholders. I expect that this will be the
first of many ventures with Michael and David" said Peter Klamka, President, Legend Investment.
“This is a great opportunity to create some terrific motion picture entertainment,” said O’Malley. “Peter and Legend Investment Corp. have given us a strong vote of confidence and we look forward to delivering the kind of movies that will generate real excitement among audiences.”
“I am thrilled to be in business with Peter and Dennis Brody,” said Meltzer. “We view this as just the beginning of a very creative and fruitful business collaboration.”
Legend Investment Company is a business development company based in the Detroit area.
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “believes,” “soon,” “anticipates,” “plans,” or “expects,” and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties including the ability of the company to enter into a definitive agreement for the film, the ability of the company to raise sufficient funds to meet its obligations including investment in the film, and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company’s filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties.
- Contact Information
- Kristine Smith
- Legend Investment
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