CritterPix Raises $1.35M for 2nd Movie: Hollywood Vermin; Commissions the LION KING Writer for the Motion Picture.SAN RAFAEL San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. , Calif. -- CritterPix Studios, the Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern computer-generated animation company, today announces the closure of a total of $1,350,000.00 in a common stock equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. , raising a total of $5.8M to date. Proceeds from this offering will be used to expedite development of its planned 2nd CG animated feature movie, HOLLYWOOD VERMIN vermin /ver·min/ (ver´min) 1. an external animal parasite. 2. such parasites collectively.ver´minous ver·min n. pl. . CritterPix also announces that it has commissioned LION KING scribe Jonathan Roberts
Jonathan Roberts (August 16, 1771 – July 24, 1854) was an American farmer, wheelwright, and politician from Montgomery County, Pennsylvania. to pen the treatment for HOLLYWOOD VERMIN, which is due later in the month. The story is about unsavory and underdog outsiders who break into a fat-cat insider's game. "HOLLYWOOD VERMIN is a great story. Jonathan and I laugh out loud every time we talk about it," said CritterPix CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Kelly Williamson. "Raising this capital enables us to complete the script, bring on a director, and fast track pre-production -- ultimately putting CritterPix on course to produce one animated movie a year." CritterPix's scheduled first movie is OLLIE, a colorful sea otter tale, based on the well-regarded children's novel, OLLIE THE OTTER, currently in development with New Regency. "With the additional funding and a second project launched, CritterPix is moving ahead rapidly and is now well-positioned to have a major impact on the animated film business," commented industry analyst and CritterPix investor, Hal Vogel. About CritterPix, Inc. CritterPix, Inc., (CritterPix Studios), is an animation studio that combines original stories and computer-generated artistry for enlightening entertainment to thrill kids and adults alike. The Northern California studio will leverage state-of-the-art digital design tools, along with its team of animation veterans, for its first film OLLIE, (tentatively scheduled for release Christmas 2007), and of course, HOLLYWOOD VERMIN. www.critterpix.com. |
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