Actor, CEO Joshua Jackson defends Liquid Media, his entertainment company

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Liquid Media is short on cash and lost key executives this year

, is “ready and able to deliver on our promise” to help independent content creators with a tech-driven, modern version of a movie studio.

In Mr. Jackson’s letter he described the acquisitions and partnerships that Liquid Media has executed over the past eight months and highlighted a 187-per-cent increase in revenue to US$1.66-million in the second quarter from the previous three months. “I’ve been collaborating with management and our board to ensure a healthy and compliant company by allocating appropriate resources, including the hiring of our new CFO, Sheri Rempel, and bringing all filings up to date,” Mr. Jackson said Tuesday.

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