Wednesday, May 13, 2009

Defendants in the Shannon's Rainbow Lawsuit

The Defendants in the Shannon's Rainbow Lawsuit for alleged fraud and conversion (including taking over a movie without any right) are:
Joseph G. Pia, Frank E. Johnson, Charles Morrison, Kelly Nelson, Larry Richert, John Mowod, and Tony Lotita.
Plaintiffs are: Supernova Media, Joseph Di Palma (one of the main investors), and Joycelyn Engle (the producer and vice-president of Supernova Media, Inc.)
Supernova Media, Inc. is the production company that provided the majority of the finances for the film, Shannon's Rainbow. They invested over $2,000,000 and loaned over $550,000. Summitworks (Villians) invested $0 in Shannon's Rainbow and arranged only $325,000 from some investors in Florida. The co-writers of the film, Larry Richert and John Mowod, invested $0 of their own money in Shannon's Rainbow. They claim to have arranged a $1,000,000 loan into the fraudulant Utah company from a PA local man (who was introduced to them by Andrea, the accountant), and they tried to guarantee that loan with the $1,000,000 PA Tax Credit without the investors' knowledge or consent. This same man invested $425,000 and another $125,000 from his associates into the Utah company. Little did he know that this Utah company was illegal. Anyway, Andrea Kubala, the film's accountant who was fired, introduced the man in PA who facilitated these funds. Larry and John took the credit and received a finder's fee for this money. Andrea received nothing. Frank Johnson was supposed to have completed the film on $2.5M (the $2M from Supernova Media and the PA tax credit). There was no need for these "additional funds". Frank blew all the money and pocketed the rest.


Either way you put it Supernova Media, Inc. comes out ahead with a HUGE majority in capital investments, thus granting them more common units than anyone else. Therefore, they should be able to make the creative and business decisions for the movie. They want the film to be released in US theatres, and they even want to put up some of the P&A costs for the distributor! How could anyone refuse this offer? The Villians would have nothing to lose. They should just go along for the free ride!

So the Villians essentially tried to take over the film, sell it foreign at Cannes without a US theatrical release, collect a broker's fee for themselves, and give themselves producer salaries, etc, leaving the investors high and dry and Shannon's Rainbow without a fair chance to succeed.

These 7 male Villians are harassing and bullying the 2 female principles of Supernova Media, Inc. and their associates. I definitely surmise misogyny.

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