Rangemore Film Productions now in revenue
Rangemore Film Productions now in revenue
MIAMI BEACH, FL, April 2, 2013 /PRNewswire/ - Rangemore Film Productions Corp. ("Rangemore") (formerly Auctions
International Inc.)(OTCPINK: AUCI) today announces that it is in revenue as a result of the previously
announced merger with Rangemore Productions Corp. The revenue is
derived from the studio operations, which is generating income on a
monthly basis and has grossed over $275,000 since commencing operations
in June 2012.
"We are pleased to see the studio beginning to generate revenue," stated
Andrew McLaughlin, CEO of Rangemore. "With the studio operations well
underway we can now focus our marketing efforts on building the film
production side of the business which is where the major returns are
realized" continued Mr. McLaughlin.
About Rangemore Film Productions Corp. (Formerly Auctions International
Inc.)
Rangemore Film Productions Corp. (formerly Auctions International Inc.)
is a publicly traded company who operates a film studio on the Isle of
Man known as Island Studios. Island Studios is a complete film
production facility located two miles outside the town of Ramsey and is
approximately 7 acres in size and houses a film studio, sound studio,
make-up studio, dressing rooms, canteen and dormitory, administration
offices, and storage facility. Along with the studio operations,
Rangemore will be actively investing in and producing independent film
productions.
Rangemore Film Productions Corp. is a Development Stage Company, as
defined by Financial Accounting Standards Board ("FASB") Accounting
Standards Codification ("ASC") 915, Development Stage Entities, and has
not yet generated significant revenues from their intended business
activities.
Forward Looking Statements
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements. Actual
results may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See Auction
International Inc's filings with OTCMarkets which may identify specific
factors that may cause actual results or events to differ materially
from those described in the forward-looking statements.
SOURCE Rangemore Film Productions Corp.
Rangemore Film Productions Corp.
CONTACT: For more information on please call 305-851-2469 or Information Solutions Group at 585-347-4305 On the web go to www.rangemorefilmproductions.com or www.informationsolutionsgroupllc.com
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