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Originally posted by ziggyproductions05
Also, if this was fake, remember, no one has ever come out and said they did it, and what would the purpose be faking something like this for no profit or notoriety. "Victor" hasnt been known, and no one is gaining from this video
“Video” throughout the document is defined as “Area 51: The Alien Interview,” a feature length documentary motion picture in which the Company acquired a 50% interest from Vega 7 Entertainment.
The Company has also entered into agreement with Vega 7 Entertainment to acquire a 50% interest in Vega’s documentary motion picture entitled “Area 51: The Alien Interview” (”Video”) in exchange for shares of its common stock. The Video is being released to international markets commencing in September 2008 and is expected to be released in US home entertainment market in July 2009. The Company has accrued revenues from its interest in the Video in its first and second fiscal quarter s of 2009, which ended November 30, 2008 and February 28, 2009, respectively . All accrued revenues are from international sales and not from any future anticipated US domestic sales.
The remaining unamortized film costs assigned to film asset purchases include costs for the completed film Night of the Living Dead 3D, two films in production, Nightmares in Red, White and Blue and American Grindhouse, and a 50% interest in Vega 7 Entertainment’s documentary motion picture entitled “Area 51: The Alien Interview”.
The $397,402 for film asset purchases arose from common and preferred stock issued in exchange for these assets and cash paid by the principal Company shareholder to acquire Night of the Living Dead 3D and the two films in production. We acquired our 50% interest in Area 51: The Alien Interview for 2,000,000 shares of our common stock valued at $.10 per share. This $200,000 cost of acquisition is included in the $397,402 for film asset purchases .