Archive for January, 2011

DARKNIGHT’S ‘NEVER SLEEP AGAIN’ NAMED ‘BLOODY DISGUSTING’S’ BEST DVD OF 2010

Thursday, January 6th, 2011

Universal City, CA – (January 6, 2010) Camelot Entertainment Group, Inc. (OTCBB: CMGR) (“Camelot”) announced today that DarKnight Pictures (“DPK”) “NEVER SLEEP AGAIN: THE ELM STREET LEGACY” has been named the number one horror DVD of 2010 and “one of the greatest horror documentaries of all time” by BloodyDisgusting.com, a horror site and fan community, naming it “a film that is impossible to stop watching.”

“It’s a thrill for us and a testament to audiences’ enduring passion for Freddy Krueger that our love letter to the Nightmare on Elm Street films has been acknowledged this way,” stated Co-Director and Producer Daniel Farrands. “We are very thankful for this honor.”

“NEVER SLEEP AGAIN” is a documentary that chronicles the “Nightmare on Elm Street” Franchise with interviews with the original cast and creators. The documentary aired in October on the BIO Channel.

DARKNIGHT’S ‘NUDE NUNS WITH BIG GUNS’ SHOOTS UP IMDB

Wednesday, January 5th, 2011

Number 20 on the Database’s Moviemeter

Universal City, CA – (January 5, 2011) Camelot Entertainment Group, Inc. (OTCBB: CMGR) (“Camelot”) announced today that DarKnight Pictures’ (“DPK”) “NUDE NUNS WITH BIG GUNS” has risen to number 20 on the IMDB.com Moviemeter rankings. The film surpassed award winners Avatar and The King’s Speech for most searched on IMDB in the last week of 2010, jumping over twelve thousand places to 27th. This week, it is number 20, placing it above blockbusters such as Harry Potter and the Deathly Hallows Part I.

IMDB.com is a tool for both industry users and fans to gain insight into the cast, creators, and production of a film,” stated Jamie Thompson, Camelot President of Distribution. “It gives both NUDE NUNS WITH BIG GUNS and Camelot exposure to an extensive group who use the site daily.”

NUDE NUNS WITH BIG GUNS is a Freak Show Entertainment Production, about Sister Sarah’s revenge on a sinister clergy sect and a rogue motorcycle gang after she is raped, drugged and left for dead.

Griffin, Istock Elected to Camelot Board of Directors

Monday, January 3rd, 2011

Universal City, CA -(December 31, 2010) Camelot Entertainment Group, Inc. (OTCBB: CMGR) (”Camelot”) announced today that Steven Istock and Leo Griffin have been elected to serve on the Company’s Board of Directors. On Monday, December 13, 2010, at the Company’s Annual Stockholder Meeting, Camelot Chief Financial Officer and Director Steven Istock was elected to the Board of Directors with 28,556,299,749 votes for (90.13% of the votes eligible to be cast) and 8,658,966 votes against (.03%). Leo Griffin was elected to the Board of Directors with 28,564,958,715 votes for (90.16%) and 0 against. Mr. Griffin will serve as an independent director. Both directors were elected to a term of five years. Mr. Griffin will accept his election and join the Board of Directors once the Company has secured its new directors and officers (“D&O”) insurance policy, which the Company expects to have in place during January 2011. Until that time, Mr. Griffin is serving as a special consultant to the Board of Directors.

Steven Istock, 44, Director, Chief Financial Officer, joined Camelot as CFO and as a member of our Board of Directors on July 1, 2010. Mr. Istock has a substantial corporate, entertainment and international finance background with over fifteen years’ experience as a senior banker and finance manager. Mr. Istock specializes in the development, structuring and funding of debt and equity transactions. He has participated in over $2 billion in transactions for a wide range of public and private corporate clients.

Since March 2008, Mr. Istock has been the President and CEO of California Pictures and a Partner and CFO of Strategic Film Partners since May of 2006, which produce and distribute motion picture content worldwide. He also advises domestic and international clients on structuring financing for a variety of projects in the beginning, middle and closing stages of development and production. While serving as a Vice-President of Lending for American Business Bank between November 2005 and December 2006, Mr. Istock made his initial investment into Strategic Film Partners.

As a senior Vice President and Finance Manager for Merrill Lynch in Beverly Hills between January 2000 and November 2005, Mr. Istock was responsible for managing and closing all of the commercial, entertainment and real estate loan transactions for five area offices as well as directing and managing all local transactions with the mergers and acquisitions, private equity and real estate syndication bankers within Merrill Lynch and other affiliated firms worldwide. He earned the Series 7, 63, 65 licenses and Merrill Lynch Certified Financial Manager accreditation and was approved for the California Finance Lenders License by the State of California.

Mr. Istock graduated from the University of Michigan in Economics and English in 1989, with post-graduate work at Charles University in Prague in 2007.

Leo Griffin, 40, Director, has been a Principal at Clarity Partners, a private equity firm managing over US $1 billion and focused on the media, communications, and business services sectors, from 2006 to present. From 2003 through 2006, Mr. Griffin was a Principal at Monitor Ventures, the venture capital and advisory arm of the Monitor Group, a global strategy consulting firm and merchant bank. At Monitor Ventures, Mr. Griffin focused on advising and investing in various communications and media companies. From 1998 through 2003, Mr. Griffin served as a strategy consultant with Monitor Group’s consulting arm, where he helped to found MarketSpace, a consulting practice focused on new media businesses.

Mr. Griffin currently serves as a member of the boards of directors of CaseStack, Inc., Critical Media, Inc. and ImpreMedia, Inc. Mr. Griffin holds a degree in Industrial Economics from the London School of Economics (1992) and received his MBA with distinction from the Kellogg School at Northwestern University in 1998.

2010 Record Year for Camelot

Monday, January 3rd, 2011

Company Reached New Highs in Gross Sales, Revenues; 2011 Expected to Surpass 2010

Universal City, CA – (December 31, 2010)  Camelot Entertainment Group, Inc. (OTCBB: CMGR) (”Camelot”) announced today that 2010 was expected to be a record year for the entertainment company in both gross sales and revenues.  Gross sales for 2010 are expected to exceed $2,200,000, with revenues expected to exceed $500,000.  Camelot anticipates this trend will continue into the New Year, with 2011 gross sales expected to surpass $6,000,000 and revenues expected to exceed $2,000,000.

Our sales and revenues are being spurred by the Company’s rapidly growing Camelot Distribution Group subsidiary, which now has a film, television and digital media library with more than 900 total titles, including approximately 220 titles available for immediate delivery.  Both Camelot Distribution and DarKnight Pictures, the two divisions of Camelot Distribution Group, expect to add a number of major titles in 2011.  In addition, the Company continues to negotiate the anticipated acquisition of at least two additional distribution entities, which, if completed, could add up to an additional 500 or more titles to the library.

The Company now has 22 full and part time employees and major consultants as it prepares to continue expanding its production and distribution operations during 2011.  Further, the Company plans to continue to bolster its management team and its Board of Directors during the upcoming year.