Sky, just saw the St James news. definitely a niche production company. how many of their titles had you heard of before today?
on the upside, at least the acquisition doesn't seem to be complete vaporware, as i had suspected. i still need to do more research to convince myself that St James is a real production company, and not a quick website / IMDB reg fabrication.
definitely low budget fare, but given the low budgets, it's plausible the St James films are profitable in international markets, if they are real.
i couldn't find IMDB refs for either of the two in development: -- captain battle -- codename beetle but they could be early pre-vis stage.
of note, none of St James' films are listed on boxofficemojo.com: http://boxofficemojo.com/search/?q=Between%20Light%20and%20Darkness but this could be due to low/international distribution. i'm guessing none of these films ever played in a USA theater outside the art-house realm.
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.