SOURCE: Red Giant Entertainment

Red Giant Entertainment

May 09, 2013 06:00 ET

Red Giant Entertainment Prepares Four Tons of Comics for Over a Quarter of a Million Dollars in Retail

Production Increase to Drive Sales, Intellectual Property Value

ORLANDO, FL--(Marketwired - May 9, 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 received in excess of four tons of comic and graphic novel inventory for distribution and sale in retail outlets nationwide. The order represents the largest manufacture of comic books for Red Giant Entertainment in its corporate history and is a significant increase over the company's most recent order. The retail value of this inventory alone exceeds $250,000.

Included in the order are multiple issues of Red Giant's popular titles including Wayward Sons, Medusa's Daughter, Moonlessage, and Exposure.

"This massive order is testament to the growing popularity of Red Giant's comic titles in both the digital and print media marketplace," stated Red Giant Entertainment Vice-President of Sales and Distribution, John Gallagher. "We continue to grow our reach and penetration into comic book markets across the country. What has been accomplished in a relatively short amount of time is remarkable."

"It is also important to note that our business model centers around the development of characters and stories that are attractive in a variety of commercial applications including television and film," said Red Giant Entertainment COO, David Campiti. "Any increase in distribution and sale correlates to an increase in readers and impressions which ultimately advances the viability and value of our intellectual property."

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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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Forward Looking Statements
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.
    (702) 396-1000