TORONTO, July 13, 2020 /PRNewswire/ -- Fearless Films, Inc. ("Company") (OTCQB: FERL), a film production company, today announced that it will be applying to list its share on a stock exchange in Canada, in addition to its current listing on the OTCQB market. The Company has decided to take this step to access a wider pool of capital as well as to increase liquidity options for its shareholders.
The Company has retained external counsel to prepare and submit the application. The application is expected to be submitted during the fourth quarter of this year. Acceptance for listing will be dependent on reviews by the chosen exchange as well as regulatory reviews.
Victor Altomare, CEO of the wholly-owned operating division, founder and creative lead for Fearless Films, Inc. stated, "Canada has a long history of capital markets support for its film industry. By having both Canadian and US listings, we can access capital where it makes the most sense for the Company. We're eager to return to filming as the pandemic eases and wider availability of capital will help us return to a more normal production environment."
About Fearless Films, Inc.
Fearless Films, Inc. is an independent full-service production Company founded by award-winning actor/ producer Victor Altomare along with award-winning writer and director Goran Kalezic. The service scope specializes in short film and feature film production in addition to script writing, copywriting, fulfillment and distribution.
The Company trades on the OTCQB tier of the OTC market. Investors can find stock price quotes and market Information for the Company on: http://www.otcmarkets.com/
Visit us at: www.fearlessent.com
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of film development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to audience acceptance of our entertainment products, our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of our business development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
SOURCE Fearless Films, Inc.