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Friday, January 23, 2015 4:44:25 PM
Read more at http://www.stockhouse.com/news/newswire/2015/01/20/cambridge-s-2014-vancouver-resource-investment-conference-nutshell#wfLbxtTrKCoIsGvT.99
The next one gets a mention because it confused me. Geo Novus Minerals (CSE: GNM, Stock Forum) found itself unable to fund its Uruguayan weed efforts in December when along came Nick Brusatore who is at the centre of a legal battle between Affinor Growers (CSE: AFI, Stock Forum) and Abbatis Bioceuticals (CSE: ATT, Stock Forum). Nick saw the flaming ship and suggested a radical change in tact for the failing enterprise – entertainment.
The company announced the acquisition of Greenstock Publishing, a Canada music publisher, for ten million Geo Novus shares in December and brought Greenstock CEO, Joe Wowk onto its board of directors. It then terminated its agreements in Uruguay and appointed “Tour Manager to the Stars”, Martin Kramer to its Advisory Board.
Now according to Colin Weibe, company spokesperson and Canadian musician of relative renown, Geo Novus is heading full-tilt into film production with two star-attached projects in the works. But wait, it doesn’t stop there, they’re going to capture the web media market as well. You see, apparently it’s all about access, and Geo Novus with its one executive producer, Tim Marlowe, who won an Oscar for a documentary short, is supposed to have the necessary reach to propel the company into entertainment dominance in both classically produced film and the emerging web media market.
Truth be known, I have been involved intimately in the film and entertainment industry for almost thirty years in myriad of roles from production to performance. What Colin and Geo Novus are peddling is an age-old story of triumph which usually fizzles in disaster. If I had a dime for every potential producing success story of ‘this film is the most important piece to grace the screen this century’ or ‘this company will change the face of entertainment’, I would be a billionaire. What’s more, I’ve heard this story from individuals far more qualified than the aforementioned individuals with projects that truly were gems and yet they ended in failure.
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