MIAMI BEACH, FL, May 15, 2014 /PRNewswire/ - Cre8tive
Works, Inc. ("Cre8tive") (OTCPINK:FILM) today announces that
management has commenced the process to become fully reporting with
the U.S. Securities and Exchange Commission ("SEC"). The
management has identified the auditor and the legal team and is in
the process of gathering the information and preparing the
documentation required to complete the filing process. As
previously released, Cre8tive was to become fully reporting in
Canada by listing on a Canadian
Stock Exchange but after further review it was decided that it will
be quicker and more cost effective to become fully reporting in the
US first.
The process will include but not be limited to:
- An audit of the financial records of Cre8tive.
- Preparation and filing of a Form 10 with the SEC.
- Filing all applicable documents with EDGAR.
- Preparing and filing a current Information document with the
NASD.
"Becoming a Fully Reporting Company is a natural step in the
development of Cre8tive" stated Richard
Smith, Secretary & Treasurer of Cre8tive. "Fully
Reporting status will add credibility and provide access to larger
funding and allow our common shares to be quoted on the OTCBB,
OTCQB, and in Europe. It will also speed up the listing
process in Canada and open to the
door to getting quoted on a more senior US exchange. With all
the new regulations coming in it is imperative we become fully
reporting to protect the share value" concluded Mr. Smith.
About Cre8tive Works, Inc.
Cre8tive Works, Inc. is a
Miami Beach based company that
specializes in the financing of compelling, production ready,
independent films and documentaries. Our mandate is to identify
projects that strike a balance between artistic integrity and
commercial viability for the international market and to develop
strong relationships with independent filmmakers that will assist
them in bringing their vision to fruition while ensuring a solid
financial return for our shareholders. Cre8tive Works, Inc.
is a publicly traded company having its common shares quoted on the
OTC Markets under the symbol FILM.
Forward Looking Statements
Except for the
historical information contained herein, the matters discussed in
this press release are forward-looking statements. Actual results
may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See Cre8tive
Works, Inc.'s filings with OTC Markets which may identify specific
factors that may cause actual results or events to differ
materially from those described in the forward-looking
statements.
SOURCE Cre8tive Works, Inc.