Rhode Island Movie Producer and Businessman Chad A. Verdi Discusses Year Ahead: Three Film Deal with Oscar-Winning Director Martin Scorsese and His Investment in NXT-ID Inc.'s Wocket; Coming to Consumers This Year

Rhode Island Movie Producer and Businessman Chad A. Verdi Discusses Year Ahead: Three Film Deal with Oscar-Winning Director Martin Scorsese and His Investment in NXT-ID Inc.'s Wocket; Coming to Consumers This Year

NEW YORK and POINT ROBERTS, Washington, May 19, 2014 /PRNewswire/ --



Verdi Signs Liam Neeson, Andrew Garfield, Miles Teller, Aaron Eckhart and Adam Driver
to Movies



Verdi to Attend Wocket Smart Wallet Launch at Plaza Hotel In New York



Rhode Island businessman and movie producer Chad A. Verdi shares insight with
Investorideas.com on the year ahead.



In an exclusive Q&A, Mr. Verdi discusses recent ventures including new movie deals and
his investments in game-changing technologies, including Apple and biometric mobile
security company NXT-ID Inc., (OTCQB: NXTD [http://finance.yahoo.com/q?s=NXTD&ql=0 ])
(OTCBB: NXTD), which is currently preparing to launch its smart wallet, the Wocket(TM),
(http://www.wocketwallet.com) with advance orders starting May 28th.



Interview:



Q: Investorideas.com [http://investorideas.com ]



This past year has already seen you reach some key milestones; making movies with the
best in Hollywood, like Martin Scorsese and your investment in NXTD is up over 300 percent
in less than a year. What are you most excited about for the balance of this year?



A: Chad A.Verdi



Well, that's a tough one. I guess I am the most excited about NXTD right now, only
because they are about to launch the Wocket(TM) this month. Wocket(TM) is a smart wallet
with a re-programmable single credit card device that operates under a secured system
using biometrics.



I feel it will change the way people make credit card payments worldwide. Everyone is
trying to get in on this game with mobile payments, mobile wallets, mobile apps like LOOP
and COIN. Everyone is trying to figure out the best way to do it. I think Wocket(TM) has
the right approach; separate from your phone. Most people are concerned about what happens
if they lose their phone or it gets stolen - what happens with all that payment info on
your phone? With Wocket(TM), it's not a worry because after each transaction it basically
goes back to a blank card. Your identity and payment info are safe!



It's great to think I originally invested in this a few years ago and now it may
become the leader in the payment sector that I thought it would!



Q: Investorideas.com [http://investorideas.com ]



In terms of your investments, you invest in both large companies like Apple and Yahoo
and other big tech and entertainment companies but you also take risks and invest in
smaller companies with emerging technology like NXTD (OTCQB: NXTD
[http://finance.yahoo.com/q?s=NXTD&ql=0 ]). Where do you see the biggest potential pay-off?



A: Chad A. Verdi



I obviously wish I would have had the opportunity to get into Apple from the
beginning. I would have bet big on it, just like I have with NXTD (OTCQB: NXTD
[http://finance.yahoo.com/q?s=NXTD&ql=0 ]). Companies that take a different path from what
the competition is doing represent the biggest opportunity, if it works.



Steve Jobs set the course for Apple, I still love the company but it's hard to know if
the vision will stay intact. NXTD is still young and they are taking a revolutionary
approach to payments and identity issues, very different from their competitors and I like
that.



In my opinion, I see a big risk/reward opportunity here today because they have a
product that every consumer will want and currently needs. The Wocket(TM) can store over
10,000 credit cards/coupons, under a secured system. It's never been done before. If they
are successful in delivering this product; the sky is the limit. They could be the next
Apple and that is my second-largest holding.



Q: Investorideas.com [http://www.investorideas.com ]



The company stated that they will launch the Wocket(TM) May 28th at the Plaza Hotel in
New York and will be taking advance orders for the Wocket(TM) once the event is done. Will
you be attending and will you be buying one once advance orders are opened up?



A: Chad A. Verdi



For sure I will be there supporting them and seeing first-hand how the Wocket(TM) is
embraced. And of course, I will be buying many, many Wockets(TM)! I will be giving them
out to all of my actor and celebrity friends in Hollywood. Soon, you may see a Wocket(TM)
in a very famous pocket! I also love the fact that the company is promoting the Wocket
like Apple does with the launch of each IPhone - it's an event. They're running
commercials on CNBC news along with using the Plaza hotel for the launch. They are also
bringing in Miss Universe as a celebrity guest; it a first-class event.



Q: Investorideas.com [http://investorideas.com ]



Speaking about Hollywood and movies, you and your wife Michelle are now involved in
three projects with Oscar-winning director Martin Scorsese and some of the biggest names
in Hollywood. According to IMDB you have signed on Liam Neeson, Andrew Garfield, Miles
Teller, Aaron Eckhart and Adam Driver. On top of this, I read that you have signed a 10
picture deal with Screen Media films. It seems like you are on fire! How did this all come
about?



A: Chad A. Verdi



Yes, it's just nuts, crazy nuts! It all started when Mr. Scorsese and his producing
partner Emma Koskoff agreed to join my passion project,' Bleed for This'. My wife Michelle
and I met with them a few times in New York and they invited us to the premiere of 'The
Wolf of Wall Street'. Then I was asked to get involved with a film called 'Bad Hurt' that
was filmed in New York. Soon after that, things just escalated to where Michelle and I
agreed to join Marty and Emma in his passion project called 'Silence'. The other two
movies include 'The New York Review of Books: A 50 Year Argument' and then we'll produce
my passion project, 'Bleed For This', the true-life story of five-time world champion,
Rhode Island boxer, Vinny Pazienza.



Q: Investorideas.com [http://investorideas.com ]



That is exciting and all happening very fast. How many years will it take you to
complete these four films and what about the ten picture deal with Screen Media?



A: Chad A. Verdi



That's what's amazing. Eighteen months in regards to the four films: Bad Hurt is in
post-production right now along with A 50 Year Argument. Bleed for This and Silence will
be filmed this fall with completion dates no later than fall 2015, just in time for the
Oscars. As far as the 10 picture deal with Screen Media Films, we are currently filming
the first film called 'Almost Mercy' now and expect to release that film in December 2014.
Then we begin filming the 2nd film in early 2015. The goal is to meet our obligations on
the 10 picture deal prior to 1/1/2018. We are able to facilitate this because we have two
production companies, The Woodhaven Production Company and Verdi Productions. Both
companies are working separately and independent of one another and this gives us the
capacity to handle the volume of projects we are involved with.



About the Verdi Productions and Woodhaven Production Company: Both Verdi Productions
and The Woodhaven Production Company are fully funded film production companies, covering
all aspects of filmmaking from conception of script through postproduction.
http://www.woodhavenfilms.com, http://www.verdifilms.com



About Chad Verdi



Chad A. Verdi, CEO: Chad A. Verdi is a producer and actor, known for Loosies (2011),
Inkubus (2011) and Infected (2012). Full Bio: http://www.imdb.com/name/nm3838148



Michelle L. Verdi Music and Talent Supervisor Media



Bio: http://www.imdb.com/name/nm4090091



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