Los Angeles, CA - June 30, 2017 - InvestorsHub NewsWire - As
WorldFlix, Inc. (OTC:
WRFX),
finalizes patent filing for its subsidiary Paranotek, and readies
the launch of its Swantry app, containing the Parano encryption
technology, the company also readies the $15M Reg A+ round with
Blackbridge, utilizing Blackbridge’s own funding in addition to
public funding, with a new crowdfunding portal developed by
Blackbridge.
WorldFlix has instructed legal counsel, William Eilers to file with
Reg A + as soon as possible with a 30 day window possibility. Mr.
Eilers has successfully filed and had approved many Reg A + for
other companies previously with an average approval time of 30 to
45 days.
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“Reg A+ is about creating jobs and new
opportunities. And it’s about giving
regular folks access to investments that only a
handful of VC and private
equity bigwig investors have enjoyed up until now,” as
explained by Reg A
advisor, Steve Sadler, CEO of Allegiancy. The
Regulation A+ offering
allows the Joe Public, small
investor, to finally buy shares in an IPO-type
offering normally sold out and
controlled by the big investment banks. "We
are truly pleased to be able to open up
our stock to the general public
within our current OTC Markets
home," said Brad Listermann, CEO of
WorldFlix.
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About Blackbridge:
Blackbridge Capital, LLC, based in New York, is a leading
alternative investment fund focused on high-growth investments in
small to mid-cap companies. Founded with a vision to forge long
lasting relationships, the firm is focused on understanding what
their portfolio companies need to accelerate growth, and how
investment capital can propel them. For more information,
visit
www.bbridgecapital.com
or
https://www.facebook.com/blackbridgecapital
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.
Tunnela's thesis on information security vulnerabilities has been
featured in major Finnish technology magazines. Paranotek's
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, Paranotek's 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.worldflix.co,
www.paranotek.com,
www.swantry.com.
CONTACT INFORMATION
WorldFlix, Inc. (OTC:
WRFX)
Brad Listermann
Chairman and CEO
(310) 684-2462
worldflix@live.com
SOURCE WorldFlix, Inc.
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