Black Beauty...An Investment Mistake

BEWARE...The movie Black Beauty, produced by Tag Entertainment, is not the movie we originally thought.

UPDATE...December of 2008, Steve Austin will appear before a judge regarding charges of wrong-doings with the handling of investors money.

We are one of a few who invested several thousands of dollars into the movie production of Black Beauty. Unfortunately, we learned that the movie was not produced as originally planned. We invested money with the knowledge that the movie was to be produced by Tag Entertainment and Travolta Family Films. To our knowledge, Travolta Family Films did not produce the movie. Our contract with Tag Entertainment states, Travolta Family Films will produce the movie.

Also, our contract states that Robert Wagner will star in the Black Beauty production. To our understanding he is not in the movie.

We've contacted Tag Entertainment on numerous occasions; however, we merely get the "run around". We've sent letters to the CEO, Steve Austin but he does not reply.

We made our initial investment in 2003 and as of 2007 we have not made any money. We caution you if you plan on investing with TAG Entertainment. We are very disappointed. Apparently Tag is not a customer oriented company, therefore, we question their business ethics.

Recently Tag Entertainment went public, their stock symbol is TAGE. We encourage you to look deeply into the company before investing. We'd like to get our money back, especially since Tag did not abide by their end of the contract. Tag has not responded to our request.

We entrusted Tag with our hard earned money but Tag Entertainment has no respect for us. It appears the only recourse is to file legal action and utilize the media to reveal the truth about Tag Entertainment. Our desire is that Tag Entertainment live up to their end of our contract. It's because of the Travolta name and Robert Wagner's name that we made the initial investment into the movie Black Beauty.

If you've invested into Black Beauty or and Tag production, we'd like to hear from you.

Craig Dahl - Senior Editor