SOURCE: Red Giant Entertainment

Red Giant Entertainment

May 24, 2013 08:00 ET

Red Giant Entertainment Increases Inventory to Online Store by 50%

ORLANDO, FL--(Marketwired - May 24, 2013) - 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 it has increased its available inventory for its online store by 50%, with a total retail value over $350,000.

"It is important that we monetize our traffic and offer our readers what they want," Red Giant V.P. of Sales and Distribution John Gallagher stated. "Our digital sales and external distribution to bookstores, comic shops and Amazon are wonderful revenue streams, but the process of turning readers into customers at our own proprietary point of sale is vital, and we're growing this sector rapidly."

"Fans and readers alike have anxiously anticipated purchasing these products from us directly," stated Red Giant Entertainment CEO Benny Powell. "Our online store gives us the ability to provide unique services, such as autographed product and other specials. Fans of our Facebook page and webcomics will likewise have access to special codes periodically to further stimulate sales."

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Red Giant Entertainment Inc. (OTCQB: REDG) is a Nevada corporation that 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.

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This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including but not limited to statements containing the words "will," "believes," "plans," "anticipates," "expects," "look forward," "estimates" and similar expressions) should be considered to be forward-looking statements. Further, the safe harbor provisions of said Act may not apply to an issuer that issues penny stock. 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 informational 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.

Contact Information

  • Company Contact:
    Red Giant Entertainment Inc.

    Investor Relations Contact:
    Kurt Divich
    Integrity Media Inc.
    Email Contact
    (702) 396-1000