LOS ANGELES, March 12, 2014 (GLOBE NEWSWIRE) -- The following statement is attributable to filmmaker Dror Soref in response to today's settlement with the State of California involving fund-raising for the movie Not Forgotten:
I'm pleased this matter is behind us. It's taken a toll on my film projects and my reputation, and I'm now able to re-focus my attention on the future.
I'm a creative person -- an award-winning filmmaker. I'm not a financier, so I relied on others for that aspect. I deeply regret that people suffered as a result.
Today's settlement involves no admission of wrongdoing or admission of liability or responsibility. It permits the parties to avoid the expense and uncertainty of further proceedings.
From the time I set out to make Not Forgotten in 1999 until it was filmed in 2008, my intentions were that of any artist: to make the best film possible. I served as co-writer, director and one of the film's producers, and I'm extremely proud of how it turned out. The film was critically acclaimed, receiving a spectacular review in The Hollywood Reporter and favorable reviews in Daily Variety and other publications. The Society of Science Fiction, Fantasy and Horror nominated Not Forgotten for a Saturn Award.
Regrettably, when the film was offered for distribution in November 2008, the nation was on the precipice of the Great Recession, and this impacted sales and distribution, thereby harming the success of the film.
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