The separate corporation, POW! Entertainment, Inc., is a holding company created to have publicly traded stock. The corporation originated as Delaware-based Megatek Legacy Systems, Inc., formed August 17, 1998; it became Alta Pacific Minerals, Inc. in 1999, and Arturion Entertainment, Inc. in 2002. By 2004, Arturion's stockholder was Media Dynamics, Inc., owned by Valerie Barth, controlling stockholder, and minority stockholder, UltraVision Inc., owned by Ron Sandman. Arturion was a public shell corporation used to acquire POW! on May 5, 2004, with POW! members receiving Arturion shares to take it public on over-the-counter market "Pink Sheets" in a reverse merger. Arturion changed its name to POW! Entertainment, Inc. Media Dynamics invested $500,000 for 769,250 shares with a subscription for additional shares for $650,000.