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Modern Cinema Group Signs Agreement to Co-Finance “Panda vs. Aliens” Family Film
Modern Cinema Group Signs Agreement to Co-Finance “Panda vs. Aliens” Family Film.
About this update from Modern Cinema Group, Inc.
[{"type":"text","content":"\n\n BEVERLY HILLS, Calif., Dec. 27, 2017 (GLOBE NEWSWIRE) -- December 27th, 2017 - Modern Cinema Group, Inc. (OTCPK:MOCI) is proud to announce the signing of an agreement to co-finance the animated movie “Panda vs. Aliens”, executive produced by Marvel Comics icon, Stan Lee.\n Modern Cinema Group recently signed an agreement with Los Angeles-Beijing Studios to co-finance “Panda vs. Aliens”, executive produced by Stan Lee, the former editor-in-chief of Marvel Comics and now its Chairman Emeritus.  Stan Lee is well known as a guest on the popular television show, “The Big Bang Theory” as well as other international motion pictures.  In collaboration with several artists, Stan Lee created characters such as Spider Man, the Hulk, The Avengers, Iron Man, Thor and others; all of these forming the basis for Hollywood blockbusters where Stan Lee still performs cameo appearances. Modern Cinema Group will provide financing for “Panda vs. Aliens” by way of its new Media Exchange.  The Media Exchange allows producers, video distributors and speculators the opportunity to buy and sell shares of media assets in the same way traders buy and sell “futures” contracts for commodities such as gold, silver and currencies.  When profits from motion picture assets are recognized, the exchange’s clearing house function disburses payments directly to shareholder’s brokerage accounts. “Panda vs. Aliens” is currently in production and is scheduled to be released in theaters during the third quarter of 2018.  Also in development is the “Panda vs. Aliens” game which is expected to be co-financed by way of the Media Exchange. Says Ross Cooper, CEO of Modern Cinema Group, “When we heard the opportunity to co-finance “Panda vs. Aliens”, we responded immediately.  Anytime we can co-finance a project developed by Stan Lee’s POW! Entertainment, we consider it an honor.” Mr. Cooper goes on to say, “Another important aspect of this project is the approval that has been granted by the Chinese Film Co-Production Corporation (CFCC) which means the movie won’t be subject to the Chinese quota system and is therefore allowed access to the entire China market.  As China is now the second largest movi...