SOURCE: Global Universal Film Group

August 21, 2007 07:55 ET

Global Universal Film Group Releases Film on Deaf-Blindness

LitFunding Subsidiary Announces Its Worldwide Release of Film "Through Your Eyes"

HOLLYWOOD, CA--(Marketwire - August 21, 2007) - LitFunding Corp. (OTCBB: LFDG) announced today that Global Universal Film Group, its subsidiary, has released the film "Through Your Eyes." The film chronicles the only known Deaf and Blind Triplets in the world and features Michael Madsen ("Sin City"), David Carradine ("Kill Bill"), renowned author, actress and celebrity attorney, Vicki Roberts, who also served as Executive Producer shared with Chase Masterson ("Star Trek") and casting veteran, Cathy Henderson-Martin.

Global Universal Film Group executives, James Paul and Cory Hudson, secured the life rights in the summer of 2006, and co-produced "The Dr. Phil Show" episode entitled "Silent Darkness," which featured the triplets and "Through Your Eyes." "Silent Darkness" aired with significant ratings during February sweeps in 2007. Global Universal's executive team finished post-production early this summer.

Global Universal's CEO, Jackelyn Giroux, commented on the release, "This is an unimaginable story that is sure to captivate its audience and we are truly honored to participate in bringing this unique story to the world's attention." More information on the film can be found at www.throughyoureyesthemovie.com.

About LitFunding Corp.

LitFunding, until recently, has specialized in the funding of litigation, through its wholly owned subsidiary LitFunding USA. Fees are earned when any lawsuit it funds is settled or otherwise concluded by a court ruling. At that time, both the funds advanced and the fee contractually agreed upon are repaid. Last year, LitFunding acquired Easy Money Express, a startup in the payday loan advance business, to provide an additional business model in the money lending business. Additionally, LitFunding acquired Global Universal Film Group through a merger with its subsidiary, Silver Dollar Productions. Global Universal's goal is to produce a slate of films, back-to-back, using tax credits and asset-based lenders for financing. LitFunding plans to "spin-off" Global Universal in the near future by distributing a portion of Global Universal's shares to LitFunding shareholders. Global Universal operates the website www.YouveGotThePart.com, which is an innovative, web-based casting site that the Company will utilize to assist in casting smaller roles for its slate of films.

This press release does not constitute an offer of any securities for sale.

Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995, or by the Securities and Exchange Commission in its rules, regulations and releases. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks include the ability of LFC to reach definitive agreements with respect to and close the proposed merger and other transactions discussed in this release as well as activities, events or developments that the company expects, believes or anticipates will or may occur in the future. Such statements are subject to a number of assumptions, risks and uncertainties. Readers are cautioned that such statements are not guarantees of future performance and that actual result or developments may differ materially from those set forth in the forward-looking statements. In addition, other risks are detailed in the company's periodic reports. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.

Contact Information

  • Contact:
    LitFunding Corp., Las Vegas
    Natalie Pokorny
    (702) 898-8388