Fearless Films, Inc. Selects First Film for Potential Purchase
October 31 2019 - 10:25AM
InvestorsHub NewsWire
Fearless Films, Inc. Selects First
Film for Potential Purchase
Toronto,
Canada -- October 31, 2019 -- InvestorsHub NewsWire
-- Fearless
Films, Inc. (OTCQB:
FERL) (The Company) is pleased to announce that it has
furthered discussions around its intent to acquire the rights to up
to 12 movies from a library held by Victor Altomare, the President
of Fearless Films Inc., the Company’s operating subsidiary. The
Company has selected The Lunatic as the first film to be
selected for appraisal and final
negotiation.
The
Lunatic premiered at
the Montreal Film festival, won the bronze award in Houston and won
the Gold award at the Yorkton, Saskatchewan festival. The movie
starred Victor Altomare, Lazar, Jennifer Dale, and boxing great
George Chuvalo. It was produced by Victor Altomare and directed by
Robert Longo.
Fearless will
engage an international accounting and advisory firm with a strong
film industry practice to provide an independent valuation of the
film, following which the company will enter into final
negotiations on the
purchase.
About Fearless
Films, Inc.
Fearless
Films, Inc. is an independent full-service production company
founded by award-winning actor, producer Victor Altomare. Along
with company favorite; award-winning writer, director Goran
Kalezic, Fearless produces top-quality entertainment with an edge.
The service scope specializes in short film and feature film
production in addition to scriptwriting, copywriting, fulfillment
and distribution.
Since its
inception, Fearless Films has been on the map as a top independent
producer winning accolades at most major film festivals and is
known to have a keen eye for emerging
talent.
Visit us
at www.fearlessent.com
Contacts: Fearless Films,
Inc.
Dennis dos
Santos, President & CEO - 416
665-7297
info.fearlessent@gmail.com
SOURCE: Fearless Films,
Inc.
The Company
trades on the OTCQB tier of the OTC market. Investors can find
real-time quotes and market information for the Company
on http://www.otcmarkets.com/
Forward-Looking
Statements
Certain
statements contained in the press release above are forward-looking
statements that involve risks and uncertainties. The statements
contained herein that are not purely historical are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. Forward-looking statements deal with the
Company's current plans, intentions, beliefs and expectations and
statements of future economic performance. Forward-looking
statements involve known and unknown risks and uncertainties that
may cause the Company's actual results in future periods to differ
materially from what is currently anticipated. The Company cannot
guarantee its future results, levels of activity, performance or
achievements. The Company disclaims any obligation or
intention to update any forward-looking
statement.
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