ORLANDO, FL--(Marketwired - Apr 8, 2014) - Red Giant Entertainment Inc. (OTCQB: REDG), an innovative Intellectual Property company specializing in high quality characters and content for use in a variety of media and entertainment, is pleased to announce that Murphy Analytics (MA) has been engaged to provide research coverage on Red Giant Entertainment Inc. (OTCQB: REDG). The Initiation Report is expected to provide a detailed discussion of Red Giant's business operations, assets, market dynamics, financials, potential cash flows, and risks.
"I am pleased to provide information to the market regarding Red Giant Entertainment," stated Patrick Murphy, Senior Analyst and CFA, Murphy Analytics. "Red Giant presents a very interesting study as the Company seems to be effectively transitioning into a new distribution and revenue model with its Free Comic Book Day initiative. I'm eager to look at Red Giant's history and future, and to provide the market with an analytical perspective to consider."
"We look forward to Mr. Murphy's report and review of our Company and its future," stated Benny Powell, CEO, Red Giant Entertainment. "Murphy Analytics has the credentials we sought in providing even greater transparency to the investing public and uniquely understands companies at this strata of the market."
ABOUT MURPHY ANALYTICS
Utilizing institutional caliber, fundamental analysis, Murphy Analytics helps readers become more informed about equities without extensive analyst coverage. Murphy Analytics LLC is owned by Patrick J. Murphy, who has nearly 20 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's. Contact Patrick J. Murphy, CFA, firstname.lastname@example.org
ABOUT RED GIANT ENTERTAINMENT INC.
Red Giant Entertainment specializes in intellectual property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.
Disclosure: MA has been paid $5,000 by Red Giant Entertainment in advance of the publication of this report. Neither MA nor the analyst owns or trades the shares of covered companies. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. MA reports represent neither a solicitation to buy nor an offer to sell securities and are to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and MA reports do not provide investment advice.
Forward Looking Statements
This press release may contain "forward-looking statements." Any statements that are not statements of historical fact, including but not limited to statements containing the words "believes," "plans," "anticipates," "expects," "look forward," "estimates" and similar expressions, should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, to include acquisition, production, marketing, distribution, competition with related patent, trademark and license issues involving contractual obligations and concessions. The Company does not assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. The Company files annual, quarterly and current reports, proxy and information statements and other information with the Securities and Exchange Commission. This press release should be read in conjunction with all of the reports that the Company has previously filed with the Securities and Exchange Commission for financial and other information about it. The references to the websites http://redgiantentertainment.com and www.facebook.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.