American Film, Robertson Still Talking

American Film Technologies Inc., a North Hollywood producer of animation and special effects for movies and television, said it is still negotiating with a group led by evangelist M. G. (Pat) Robertson that is interested in investing $4.7 million in the company.

A letter of intent regarding the proposal signed May 26 remains in effect, American Film said. But Robertson’s group has not yet finished its due diligence investigation, and so a definitive agreement on the matter has not been reached.

American Film and the investor group originally hoped to complete the transaction by June 30.