Rangemore Film Productions provides update on symbol change and commences process to move to current information
Rangemore Film Productions provides update on symbol change and commences process to move to current information
MIAMI BEACH, FL, April 9, 2013 /PRNewswire/ - Rangemore Film Productions Corp. ("Rangemore") (formerly Auctions
International Inc.) (OTCPINK: AUCI) today announces that subsequent to the press release of April 3, 2013,
Rangemore's transfer agent has now filed the application for a new
CUSIP number as part of the process for the symbol change. Upon the
issuance of the new CUSIP number, the application with FINRA will be
complete and the new symbol issued. Management of Rangemore will
update shareholders as the process moves forward.
In addition, the management of Rangemore has begun preparing the
documents required to move up to the "Current Information" level on the
OTC Pink Sheets. The process involves filing an updated "Information &
Disclosure Statement" along with current financial statements and legal
opinion. The "Information & Disclose Statement" has been drafted and
the financial statements are in the process of being completed.
"Now that we have completed the merger and operations are in revenue, we
can focus on preparing the documentation necessary to move to the
'Current Information' level of the Pink Sheets" stated Richard Smith,
Secretary & Treasurer of Rangemore. "Becoming a 'Current Filer' is the
first step in becoming fully reporting which is where we need to be to
gain credibility with the investment community which is important as we
move our company forward" continued Mr. Smith.
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 Auctions
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
-------
Profile: intent
0 Comments:
Post a Comment
<< Home