Thursday, October 22, 2009 7:44:49 PM
Also, the company is finalizing agreements to acquire two assets which, according to executives, will position the company toward expeditious growth in addition to its progress in the Concerts/Events division as well as its Motion Pictures division as it nears dates for casting on 'Fish in a Barrel' and 'Dresden Sun,' the latter which is setting sights on North Carolina as primary location for principal photography and post production after its state senate passed legislation boosting its refundable tax credit to filmmakers from 15% to 25%. The Dresden Sun team also has in place private investors with the ability to monetize credits toward partial financing up-front for the film. Further details to come on this and MTP's plans to produce a low-budget crime drama in early 2010.
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