TORONTO, Oct. 31, 2019 /PRNewswire/ -- 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 script writing, 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
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.
Contacts: Fearless Films, Inc.
Dennis dos Santos, President & CEO - 416 665-7297
SOURCE Fearless Films, Inc.