Miami Beach, FL — July 5th, 2016
SNM Global Holdings (SNMN), an entertainment/media holding company, is pleased to announce that SNMN has executed a term sheet with Red Canvas Productions, LLC to enter a joint venture for the release and distribution of the movie Money Fight. SNM Global will provide funding and support in exchange for a 37.5% stake in Red Canvas, its properties, and future projects. Also, SNM Global will have exclusive distribution rights to the movie Money Fight.
Red Canvas Film Productions, LLC was founded in 2007. The companys mission is to produce and distribute high quality, inspirational feature length films that focus on achievement and ethics. The company currently owns the exclusive worldwide rights to the completed feature film Money Fight starring Ving Rhames, Ernie Reyes Jr., John Savage, and George Takei. The company also owns the option to create further sequels of the movie Money Fight.
We are very pleased and are excited to launch this project with in Red Canvas. It is our intention to have the U.S. premiere of Money Fight in the very near future. We feel the movie and other future products with Red Canvas will enhance the SNM Global Brand, stated CEO, Troy Lowman.
Chief Executive Officer
SNM Global Holdings