Global Entertainment Options Comedy Script "The Psychic" From Hilarity Films
2008-05-27 09:48 ET - News Release
LOS ANGELES, CA -- (MARKET WIRE) -- 05/27/08
Newly structured entertainment powerhouse Global Entertainment Acquisition Corporation, headed by iconic film producer Maurice Smith and currently trading under the symbol (PINKSHEETS: PSRZ), announced today it has acquired the film rights to the hilarious black comedy screenplay "The Psychic" from Hilarity Films. "We are very excited by the acquisition of this clever screenplay as its creative content fits within our mission of producing first class humor intended for the 18 to 35 audience market," says Global's CEO Maurice Smith. Global expects to include the film in this year's production line-up. The company has stated in its previous releases that it will focus on producing films in the two genres that it feels will best attract the burgeoning youth audience, broad comedies and sci fi/thrillers, and has already announced that its first film, "Spiderella," is currently in pre-production and scheduled to commence principal photography this summer.
"The Psychic" has the potential to be a cult classic according to CEO Maurice Smith. "It is art imitating life," says Smith, referring to the Reagan presidency where it was widely known within political circles that the beloved 2 term president relied upon psychics to help him determine certain policies. "But this screenplay is pure, unadulterated stupidity and insanity which as we all know is consistent with all political leadership!" joked Smith. "I laughed hysterically throughout the entire first read. It was a no brainer, and we scooped it up. I think it is going to be a huge hit."
ABOUT GLOBAL ENTERTAINMENT
Global Entertainment Acquisition Corporation is an emerging film production company headed by Maurice Smith, a veteran filmmaker who has produced many successful and memorable films such as "Screwballs," "Totally Blonde," "Alien Predator," "Recruits 1 and 2" and many other films over his distinguished 30 year career. His films have been distributed in virtually every country in the world and he has distribution on several films currently with some of the largest film distributors in the world.
The company will focus on producing small budget films in the Comedy and Sci Fi genres while searching for and developing emerging talent including writers, directors and actors to work on their films. In an era of expanded outlets of distribution, content is in higher demand than ever. It is Global's mission to become a leading content provider of entertaining, high quality films to feed the global demand.
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
For more information or investor questions contact 1-877-576-8007
Investorrelations@globalentertainment.com
www.globalentertainmentcorp.com
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