Archive for January, 2012

CAMELOT’S ‘A WARRIOR’S HEART’ SOARS WITH FOUR DOVES

Thursday, January 12th, 2012

Family-Film Seal Gives High Rating

Universal City, CA – (January 12, 2012) Camelot Entertainment Group, Inc. (OTC: CMGR) (”Camelot”) and Camelot Distribution Group (“CDG”) announced today that A WARRIOR’S HEART has received a 4 out of 5 Doves from the Dove Foundation and is ‘Family Approved’. The PG drama stars Twilight’s heartthrobs Kellan Lutz and Ashley Greene and follows the story of a troubled high school student who overcomes his father’s death through the help of a new love interest and a renewed passion for lacrosse.

DOVE reviews ‘WARRIOR’ as “a fantastic DVD worth watching! It promotes the themes of teamwork and that triumph can overcome tragedy.”

“Camelot is very proud to have a film that received a Dove Foundation Family-Approved stamp,” stated Jess Kelly, Co-President of CDG.  “We will strive to acquire more films of this caliber in 2012, as we have great momentum toward increased recognition and success going in to the New Year”

The Dove Foundation is an internationally recognized non-profit foundation that focuses on reviewing and rating family friendly films. Created in 1990, the foundation was created to give families information about film content and rates films by age appropriate categories based on the values of the foundation and its community.  The foundation takes into consideration sex, language, violence, drugs, nudity, as well as leading characters exhibiting disrespect, lying, cheating, stealing, and illegal activity.

‘WARRIOR’ is produced by Marc Spizzirri and Steven Istock, written by Martin Dugard, directed by Mike Sears, and stars Kellan Lutz (Twilight, Breaking Dawn), Ashley Greene (Breaking Dawn, LOL), Chord Overstreet (“Glee”), Golden Globe Nominee Adam Beach (Windtalkers, Flags of our Fathers), and Gabrielle Anwar (Scent of a Woman, “Burn Notice”).

See the rating and read the review here.

CAMELOT HAS ENHANCED FINANCIAL STRUCTURE FOR 2012

Tuesday, January 10th, 2012

Company Planning Major Film Presence Worldwide

UNIVERSAL CITY, Calif. – January 10, 2012 — Camelot Entertainment Group, Inc. (OTC:CMGR) (”Camelot”) announced today that it has launched its recently announced relationship with JSJ Investment, Inc. in order to mutually strive for the enhancement of Company value, having now secured new financial resources to pursue announced plans.

“We are delighted to have a financial partner that understands the vision and growth potential of Camelot Entertainment Group and is looking at the long-term potential value and strength of our company.  This is not always the case in funding arrangements which small and micro-cap companies attain, and it allows Camelot the luxury of concentrating on our core entertainment product base,” said Camelot Chairman Robert Atwell.

“With a sound plan that assures minimum levels of capital over the next six months, we are preparing to give our team the enhanced resources to score industry successes with a major presence at a series of industry marketplaces throughout the world,” Mr. Atwell added.

“Our executive team is ready to bring its entertainment industry expertise to a new level in 2012. Our focus is on the production and distribution of independent, commercial mass-appealing films. Look for us to announce performance based promotions to our team as the first quarter unfolds,” Mr. Atwell concluded.

Complete details of the transaction with JSJ Investment, Inc. can be found on Camelot’s website at www.camelotent.com or through Camelot’s Form 8-K, which is available for viewing at www.sec.gov.

CAMELOT, JSJ INVESTMENTS INK FUNDING, INVESTMENT BANKING SERVICES DEAL

Friday, January 6th, 2012

Companies Enter Initial Six Month Agreement through June 2012

UNIVERSAL CITY, CA – January 5, 2011 – Camelot Entertainment Group, Inc.  (OTC: CMGR) (”Camelot”) announced today that it has entered into a funding and investment banking related consulting services agreement with JSJ Investments, Inc. (“JSJ”) as reported in the Company’s filings with the Securities and Exchange Commission (“SEC”).

Under the terms of the agreement, JSJ will provide Camelot with investment banking related consulting services and a minimum monthly infusion of $15,000 to $25,000 for corporate expense related items incurred at Camelot’s Irvine, California offices, including accounting, legal and other administrative costs, with the specific amount determined by JSJ, for an initial period of six months beginning on or about December 9, 2011 and continuing until June 8, 2012. JSJ has also notified Camelot that it plans to purchase stock in the open market.

“We are excited to have JSJ Investments join our team,” stated Camelot Chairman Robert Atwell. “Their insight into the marketplace, expertise and belief in our business model will be a great asset to us. We are both looking forward to a strong year for Camelot in 2012.”

As consideration for the investment banking related services and the infusion of cash, the Company will issue a two-year no-interest convertible promissory note to JSJ in the amount of $300,000 convertible into shares of Camelot’s common stock (In the event Camelot does not retire the promissory note at the end of two years, then the promissory note shall accrue interest at the rate of 15% per annum until the outstanding principal amount and any accrued interest is paid). The Company will also issue JSJ Camelot Preferred Stock, including five per cent (5%) of its Series A Convertible Preferred Stock. In addition, JSJ will receive warrants enabling them to purchase up to five per cent (5%) of CMGR’s outstanding common stock annually.

Complete details of the transaction can be found on Camelot’s website at www.camelotent.com or through Camelot’s Form 8-K, which is available for viewing at www.sec.gov.

CAMELOT CHAIRMAN INCREASES STOCK HOLDINGS IN MEDIA COMPANY

Thursday, January 5th, 2012

Recent Share Acquisitions Raise Holdings to just under 70%

UNIVERSAL CITY, CA – January 5, 2011 – Camelot Entertainment Group, Inc.  (OTC: CMGR) (”Camelot”) announced today that its Chairman and CEO, Robert P. Atwell, has increased his common stock holdings in Camelot to 68.59 per cent as a result of recent share acquisitions reported in the Company’s filings with the Securities and Exchange Commission (“SEC”).

“I firmly believe in the future and viability of Camelot Entertainment Group, our employees, our partners and all those who have been working very hard over a period of many years to see our vision become a reality,” stated Camelot Chairman Robert P. Atwell. “We continue to build a strong foundation and to overcome the hurdles and obstacles that have been placed in front of us. Ours is a long journey, and we have stayed the course. As we get ready for 2012, I felt it was important to send a strong message. In acquiring these shares, I am standing shoulder to shoulder with our more than 6300 stockholders who have shown a belief in our company.”

With the recent acquisition of 2,000,000,000 restricted shares in exchange for debt, Atwell and his affiliates now own 4,272,126,487 shares of restricted common stock.

“This is not a race, it’s a marathon,” Atwell added. “Once the market fully understands where we have been, where we are now, and where we are going next, we believe it will reflect the true, long term value of the Company.  Our focus remains, as it always has been, on the growth of the Company and the implementation of our business model.”