New Technology Captures Attention of Institutional and Angel
Investors for WRFX
PALM SPRINGS, CA -- April 26, 2017 -- InvestorsHub NewsWire --
WorldFlix, Inc. (OTC:
WRFX) receives multiple offers for financing while continuing
to file for the Regulation A+ offering of up to $15,000,000. In
addition, WorldFlix subsidiary Paranotek (which developed the
Swantry app for child safety) is beginning a $300,000 "A Round"
with Fundable.com.
As WorldFlix has begun the filing process of a Regulation A+
offering (similar to an IPO) by experienced securities lawyer,
William Eilers, it has received several financial offers from
companies seeking to invest in the exciting technology WorldFlix
has announced. Most recently, WorldFlix has announced new cyber
data encryption technology that can protect clients data even
against a supercomputer. This attention has brought several
companies to the table with offers to buy the companys debt, assist
with financial restructuring and participate in the Reg A offering.
Additionally, the company was invited and has begun the process to
list on fundable.com for up to $300,000 to be raised through the
fundable.com angel investors.
CEO and Founder Brad Listermann stated, "We are very pleased to
have multiple offers to review for restructuring our debt to
funding our Reg A round coming soon. The financing plan for
WorldFlix will be very solid through 2017 and beyond." WorldFlix
intends to announce some of these new relationships and make them
available for public disclosure in the near future and is confident
that these new finance plans will ensure the company is properly
funded to launch the coming Swantry app as well as other planned
new products and services from Paranotek.
About WorldFlix, Inc.
WorldFlix, Inc. (OTC: WRFX) operates in a variety
of niche businesses in the technology and entertainment sphere.
WorldFlix divisions include AppFarm, a platform for acquiring,
developing, and growing niche apps for mobile and tablet devices;
Drobbits, an interactive platform that allows users to create, play
and monetize their own video games; Paranotek, a Finnish technology
and design company that incorporates its military-grade,
proprietary security and privacy features when developing software
and apps; Swantry, designed to allow parents to ensure their child
is safe on their mobile device; and WorldFlix Entertainment
Management, a television and movie development and management
business. For more information on WorldFlix, Inc., please
visit www.worldflix.co.
About Paranotek
Paranotek is a partnership between WorldFlix, Inc., and
Finnish-based technology and encryption experts. Lauri Tunnela,
CTO, and Johannes Maliranta, CCO, have a combined 20 years of
diverse and complimentary information technology experience.
Tunnelas thesis on information security vulnerabilities has been
featured in major Finnish technology magazines. Paranoteks products
range from data storage, sharing and instant messaging services to
various software suites, all based on our disruptive security
technology. While other popular apps, software and services collect
your data, Paranoteks unique security technology never collects
user data, thus providing an extra layer of enhanced privacy for
our users. For more information on Paranotek, please
visit www.paranotek.com.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" statement under the
Private Securities Litigation Reform Act of 1995: This press
release contains forward-looking statements within the meaning of
the Securities Litigation Reform Act of 1995. These statements are
based on current expectations, and are to a certain degree
uncertain. Words such as expects, anticipates, intends, believe,
plan, will and similar words are expressions intended to identify
these forward-looking statements. These statements involve risk and
subsequently are difficult to evaluate. Actual results may vary
from descriptions herein due to many factors including but not
limited to changes in business conditions, changes in laws and
regulations, problems encountered in exploration and obtaining
permits, changes in the competitive environment, technological
advances, shortages of skilled workers, the need for additional
capital and other risks listed in the company's Securities and
Exchange Commission filings under "risk factors" and elsewhere.
Forward-looking statements speak only as of the date they were
made, and the company is under no obligation to update them.
For more information, please visit: www.swantry.com, www.paranotek.com, www.worldflix.co.
CONTACT INFORMATION
WorldFlix, Inc. (OTC:
WRFX)
Brad Listermann
Chairman and CEO
(310) 684-2462
worldflix@live.com