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Rhode Island Producer Chad A. Verdi Comments on Prior $1M Offer for Life Rights to the Amanda Knox Story and his Decision to Withdraw

“What I thought was going to transpire is now a reality” = C Verdi

Verdi’s focus is now on current films, Army of the Damned and A Bet's A Bet

Category: Investment, Entertainment, Media

Visit this companies: www.verdifilms.com

EAST GREENWICH, RI - March 26, 2013 (Investorideas.com Newswire) Rhode Island Producer Chad A. Verdi comments on his previously announced official offer of One Million Dollars (U.S. $1,000,000) for the life rights to the Amanda Knox story and his decision to withdraw.

Mr. Verdi notes, "looking back I am very happy I decided to go in a different direction."

If the offer had been accepted, the film would have been produced by Mr. Verdi and Noah Kraft. The offer was made through Verdi Productions and was being handled by Hollywood entertainment attorney, Anita First.

Verdi and Kraft, who specialize in comeback stories, reached out to Ms. Knox in 2011, once they heard that she had been acquitted. "We had hoped the offer would have been accepted and that filming would have begun as early as January 2013," stated Mr. Verdi, who is the President and CEO of Verdi Productions. "My attorney contacted Theodore Simon, Ms. Knox's U.S. counsel at the time.

Mr. Verdi had already secured financing for the Untitled Knox Project, and if a deal had been reached, Verdi's plans were to make a seven-figure pay-or-play offer to Natalie Portman to play Amanda. Verdi withdrew his official offer of One Million Dollars (U.S. $1,000,000) for Amanda Knox's life rights when he felt there was more to the story and Amanda would be forced back to Italy and retried.

Mr. Verdi, had stated, "after reviewing all the information we had involving the Knox case, we have decided it was not the inspirational feel good story that VP was looking for and we withdrew our offer."

Verdi added, "we were of the opinion that the Italian government thought Amanda Knox was more involved than what she had stated and that she would be retried at some point. Now we know we were correct and we are very happy with our decision. It was not the story we were looking for.

Verdi will produce four films in the state of RI starting with Army of the Damned followed by A Bet's A Bet. Verdi will employ hundreds of people over the next 18 months: "This will be one of the most aggressive production schedules ever attempted by a production company.

It was not our intention to try to film all four feature films in 18 months; we had a five year plan when we started out. But due to actor and director commitments, along with the financing and distribution schedule, we decided to pull the trigger and run with it."

"We are in a great position because we are making films knowing that they're already sold and have distribution," Verdi stated. "Of the four films, two will be horror, one a comedy and the final will be my passion project PAZ: the inspirational true story of World Champion Boxer Vinny Paz.

After a near fatal car crash left Vinny not knowing if he'd ever walk again, never mind box, he went on to make one of the most incredible comebacks in sports history. To secure success and to meet our timetable, we will be using four different directors and over 100 actors on these four films."

For more info, please visit:

Chad A. Verdi CEO http://www.imdb.com/name/nm3838148/

See more movie info and trailers at www.Verdifilms.com And www.Woodhavenfilms.com

The Woodhaven Production Company, a subsidiary of Verdi Productions, is a fully funded film production company, covering all aspects of filmmaking from conception of script through post production.

For further information please contact

woodhavenproductioncompany@gmail.com or visit Woodhaven on the web at www.woodhavenfilms.com.

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http://www.imdb.com/name/nm3838148/
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Contact Information

Chad A. Verdi CEO http://www.imdb.com/name/nm3838148/

Michelle L. Verdi Music and Talent Supervisor Media http://www.imdb.com/name/nm4090091

Media contact:
Tony Verdi
Director of Communications
401.225.7800



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