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Valiant Eagle’s (OTC: PSRU) Providence Film Group Officially Begins Remake of the Iconic Bruce Lee Film, “Fists of Fury”

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Valiant Eagle’s subsidiary, Providence Film Group, is rebooting the classic film “Fists of Fury”, originally starring Bruce Lee. The new title, “Fists of Fury: Johnny Too Bad”, will be directed by Damian Lee, known for successful projects like “A Dark Truth”. The film is projected as a box office hit by CEO Xavier Mitchell, who expressed confidence in the prospects following the acquisition of the film rights in July 2021. The original film grossed $100 million globally, a significant achievement for Lee's debut in the U.S.

Positive
  • Acquisition of film rights to 'Fists of Fury' in July 2021 indicates strategic asset investment.
  • Rebooting a successful franchise could lead to substantial revenue opportunities.
  • Experienced director Damian Lee will helm the project, enhancing quality and market appeal.
  • CEO's positive outlook on box office potential may attract investor confidence.
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  • None.

LOS ANGELES, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Valiant Eagle, Inc. (OTC: PSRU) announces its subsidiary, Providence Film Group, is working to reboot the iconic film, “Fists of Fury” (also known as “The Big Boss”). Valiant Eagle and Providence Film Group CEO, Xavier Mitchell, will serve as executive producer on the reboot.

Originally released in 1971, “Fists of Fury” was Bruce Lee’s first major film earning $100 million worldwide, equivalent to over $600 million today. The film began his cinematic success in the United States. Valiant Eagle originally acquired the rights to the iconic movie in July 2021.

The reboot’s working title is “Fists of Fury: Johnny Too Bad,” with Damian Lee, author of the screenplay, to direct. Lee’s directing credits include award-winning “A Dark Truth” starring Andy Garcia, Forest Whitaker and Eva Longoria; and highly-acclaimed “A Fighting Man” with Dominic Purcell, James Caan, Famke Janssen and Academy Award winner, Louis Gossett Jr.

Lee’s many producing and writing credits include the teen favorite “Ski School” and festival award-winning films “Hearts of War” starring Nina Dobrev, Roy Scheider and Daryl Hannah and “King of Sorrow” starring “Sons of Anarchy’s” Kim Coates and Lara Daans.

Part of the “Fist of Fury” star cast includes veteran actor Dominic Purcell. Purcell’s famed for the hit series “Prison Break” Followed by DC’s Legends of Tomorrow. Top films Purcell starred in include, but are not limited to,  “Blade: Trinity,” “Killer Elite,” “A Fighting Man” and “Breakout” alongside Venice Film Festival sensation Brendan Fraser.

“Fists of Fury/Johnny Too Bad” Synopsis: Young boxer, Johnny Too Bad, who, after killing his father in the ring, abandons boxing then pursues a life of crime. After crossing paths with drug kingpin and boxing fixer, Marion Vargas, he ventures back into the ring. Torn between Vargas and mentor Wellington “Night Train” Henry, former partner of Vargas turned straight after serving time, Johnny struggles to find himself. He battles foes in and out of the ring. He’s further challenged when he becomes infatuated with Lilly, a spiritual mystery.  

“The remake of the classic ‘Fists of Fury’ film has been a key objective since Providence acquired the rights to the movie during the summer of 2021. Working alongside film industry veteran Damian Lee, we could not be more excited about the prospects of the upcoming film,” says Valiant Eagle CEO, Xavier Mitchell. He continues, “We look forward to sharing additional details as development ramps up and we are expecting this to be a box office hit.”

About Providence Film Group:

The Providence Film Group is a Los Angeles-based entertainment studio whose industry offerings service the multi-billion-dollar motion picture, television and music industries. Providence Films business consists of motion picture production, television production, home video acquisition and distribution, and the development of new entertainment opportunities with an innovative and demographically targeted style.

Providence Film Group
http://providencefilmgroup.org/

About Valiant Eagle, Inc.:

Valiant Eagle, Inc. (OTC: PSRU) is a publicly traded corporation focused on energizing celebrity entertainment, social media, and TV communications. VE aims to achieve an unparalleled advancement in media through music, sports, and technology for the millennial generation.

Valiant Eagle
Investor inquiries: ir@valianteagle.net
Website: www.valianteagle.net
Twitter: @valianteagleinc
Facebook: @valianteagleinc

Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Valiant Eagle, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Valiant Eagle, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

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FAQ

What is Valiant Eagle's recent film project involving PSRU?

Valiant Eagle is rebooting the iconic film 'Fists of Fury' through its subsidiary, Providence Film Group.

Who is directing the reboot of 'Fists of Fury'?

Damian Lee, known for films like 'A Dark Truth', will direct the reboot titled 'Fists of Fury: Johnny Too Bad'.

When did Valiant Eagle acquire the rights to 'Fists of Fury'?

Valiant Eagle acquired the rights to 'Fists of Fury' in July 2021.

What are the earnings of the original 'Fists of Fury' film?

The original 'Fists of Fury' film grossed approximately $100 million worldwide.

What is the expected outcome of the 'Fists of Fury' reboot for PSRU investors?

CEO Xavier Mitchell expresses confidence that the reboot could be a box office hit, potentially benefiting PSRU investors.

VALIANT EAGLE INC

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