Asgaard Media was incorporated in Nevada on January 8, 2008, by Wm. Alan Pezzuto. The Company maintains offices in Nevada and Vancouver, British Columbia, Canada. The Company was formed to develop, finance, produce and arrange for the distribution of motion pictures.  The Company pictures will be low/mid budget theatrical features, which require lower revenues to recoup the Company's investment than higher budgeted films. 

The Company's management has intentionally determined to produce low budget theatrical features based upon the belief that such strategy offers a greater likelihood of financial success for the Company. Furthermore, the management of the Company believes that by operating outside the Hollywood studio system it will be more likely to create films of a unique nature and merit which would therefore have an advantage at the box office.

In support of that notion, former Fox Film Corp. Chairman Joe Roth was quoted in the March 31, 1992 Daily Variety as stating:  “The fact of the matter is, someone makes a good idea, a good story, it doesn't matter who's in it, and frankly not too much who directs it, and people will come and revenues will go up.” 

This basic principal remains as true today as it was then. The Company's management has chosen a budget range for the Company's films that it believes will afford investors a rare opportunity to become involved in the making of a film with a relatively small dollar investment while still maintaining quality production values. Specifically, the Company's strategy is to produce theatrical motion pictures with an estimated budget range of $3,000,000 to $10,000,000 each for mainstream market in the United States as well as, to the extent feasible throughout the rest of the world, in order for the shareholders to participate in the global revenue generating prospects of a continuously growing and somewhat recession resistant industry.

The Company intends to produce two to five feature length motion pictures per year.  The proposed films are designed for an initial theatrical release. Due to both the lack of overall product on the market as well as the diversity of the film viewing public, the Company will produce films in a variety of genres ranging from "Mountains of Trouble", a proposed G rated, coming of age, family film through "Widows Walk", a proposed PG-13 to R rated psychological thriller and "The Meonia Stone,” an incredible true story about paranormal adventure based upon the research and historic interpretations of Sean David Morton, screenplay by Sean David Morton. Management believes that the diversification of both genre and rating will contribute to the overall success of the company.

The Company intends to allocate a significant portion of the time and energy of its management to the development of screenplays and to search for other potentially viable motion picture material. For the past year, Asgaards’ team has been developing seven motion picture properties for possible future production. Five of these properties have been chosen for further development over the next twelve months. The Company plans to prepare pre-production packages for these properties, which will be used to obtain commitments from a director, actors or other key personnel to be involved in the production of the picture. Pre-production packages consist of treatments, storyboards, artwork, budgets, scripts and actor and crew commitments, if any, for the project.

The Company's strategy is to seek to maximize its revenue by financing its pictures itself. Additionally we may offset much of the attendant financial risk by obtaining deferral agreements from the cast and crew, a standard practice in the production of low/mid budget films. Additional financing may be obtained through advances and guarantees from distributors and licensees and investments from third parties.