Spotlight Capital Holdings Inc. announced that ZION Capital Ventures, pursuant to an agreement executed with Spotlight on June 11, 2015, has made to short term loan of $12,000,000 to Spotlight. The $12,000,000 will be immediately made available to Spotlight upon receipt of a documentary credit by a top 5 U.S. bank. Spotlight Capital Holdings intends to use the funds to set the foundation to execute its business plan which includes obtaining a movie studio so that it will be in the position to start producing the many films projects that Mr. Tierre Turner and other Hollywood actors/producers are interested in bringing to the big screen.

Looking to diversify its portfolio, outside of the entertainment arena, Spotlight will also use the funds to acquire an Independent FedEx ground routes currently operating in New Jersey. Prior to receipt of the loan from Zion, Spotlight negotiated this acquisition in anticipation of receiving operating cash from a structured credit facility, previously announced on December 22, 2014, which was closed and announced on June 11, 2015.