SHERMAN OAKS, Calif., Nov. 9 /PRNewswire/ -- Corner Stone Pictures
Corporation, a developer, producer and distributor of film and TV
entertainment products, announced today that they have contracted with OBX
Capital Group, LLC to lead the company's investment activities. OBX has
committed to funding all of the $6.9 million budgeted film "Retirement," a
Corner Stone production. Described as "Grumpy Old Men" meets "Road Trip,"
"Retirement" will be filmed in Florida's South Beach, New Orleans and Las
Vegas with veterans Charles Picerni directing and Tom Priestley lensing the
film.
"We are very excited about this partnership with OBX Capital Group and
especially glad to get rolling on 'Retirement,'" said the film's Executive
Producer Michael Lerner. "We intend to use the proceeds to fund the production
schedule for this feature film, set to start principle photography in February
2005."
OBX Capital Group's structure and model allows their clients to focus on
their core business activities, leaving most investment and capital activities
to be managed by OBX. Dale Scales, managing partner of OBX Capital, said,
"OBX Capital invests in multiple businesses but the underlying theme is that
our clients are poised for growth, they have experienced management teams, and
they focus on quality products. Corner Stone Pictures fits this company
profile perfectly and we are excited to help them achieve their financial and
business objectives in these early stages."
While producing "Retirement" and "Betsy's Kindergarten Adventures," Corner
Stone is developing a thriller, an action film and a romantic comedy, as well
as the drama "Spaghetti Park," to be filmed next summer in New York City.
"Betsy's Kindergarten Adventures" will be educational animation directed at
the pre-school and early childhood school-year age groups and is scheduled for
a fall 2006 TV release.
About Corner Stone Pictures
Corner Stone Pictures is a multimedia entertainment company. The Company
develops, produces and distributes a broad range of motion picture, sound
track and TV youth-oriented animation content. The web site address is
http://www.cspics.com , which provides extensive listings of Mr. Picerni's
work.
About OBX Capital Group
OBX Capital Group is a strategic business and investment firm working with
both public and private companies in a wide range of industries. The Company
focuses on companies that have significant market potential with uniquely
positioned offerings. The web site address is http://www.obxcapital.com ,
which provides more information about the company.
SOURCE Corner Stone Pictures Corporation
 back to top
Related links:
http://www.cspics.com
http://www.obxcapital.com
CONTACT:
Jon Knutson, Corner Stone Pictures,
+1-818-380-3530, or fax, +1-818-380-3535, or
jonknutson@cspics.com
|
