Your No. 3 FERL Potential Catalyst
Fearless Films Closes Non-Brokered Private Placement for $1M at $0.15
TORONTO, June 30, 2020 /PRNewswire/ -- Fearless Films, Inc. ("Company") (OTCQB: FERL), a film production company, today announced that it has closed a non-brokered private placement offering of up to 6,666,668 shares priced at $0.15 per common share (the "Common Shares") for gross proceeds of $1Mn USD (the "Offering").
The Offering is priced at a premium of 22% to the Company's 20-day volume-weighted average trading price.
The proceeds of the Offering will be used to support the operations of the company, including brand building and film production. The Company plans to begin production on its next film during 2020.
According to the terms of the Offering, the Common shares are expected to be issued on or before July 15, 2020. All Common Shares issued in connection with the Offering will be subject to a hold period of six months and one day from the closing date.
Victor Altomare, CEO of the wholly-owned operating division, founder and creative lead for Fearless Films Inc. stated "The additional funds raised through this placement gives the leeway to unlock additional value for Fearless, with the added flexibility to develop scripts on a shorter timeline."
Your No. 4 FERL Potential Catalyst
Fearless Films Expands Film, Media and Movie Brands with Acquisition of FilmOla.com
TORONTO, June 17, 2020 /PRNewswire/ -- Fearless Films, Inc. ("Company") (OTCQB: FERL) today announced the acquisition of FilmOla.com ("FilmOla") to add additional revenue and distribution. Fearless Films, Inc. (FERL) operates as an independent full-service production company. The Company's service scope specializes in short film and feature film, as well as script writing, copywriting, fulfillment and distribution.
FilmOla is an online marketplace where content is showcased and updated instantly to a trusted global community of viewers, reaching new audiences and new markets 24/7. The platform is also launching an online- social media platform for film and movie junkies to connect. FilmOla earns revenue from advertising and online affiliate programs. FilmOla leverages affiliate marketing to drive revenue to the media channel by connecting viewers interested in film and movie content.
Your No. 5 FERL Potential Catalyst
Fearless Films Announces Plan to Accelerate Film Development
TORONTO, June 1, 2020 /PRNewswire/ -- Fearless Films, Inc. ("Company") (OTCQB: FERL) is pleased to announce that it is acting to widen the scope of its film development efforts with a goal of being quicker and more agile in bringing projects to market. The Company is undertaking these changes to capitalize on recent changes in the consumer patterns of media consumption.
To become more agile in production and to accelerate the pace of developing our projects, we are in discussion with a significant Los Angeles-based film production company to partner on the production of scripts. This production partnership will be of great benefit in sourcing locations, talent and facilities due to their long experience in film production. These discussions are preliminary and will require formal contracts once agreement has been reached on final details.
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Victor Altomare, CEO of the wholly-owned operating division, founder and creative lead for Fearless Films Inc. stated, "Fearless Films was founded with the idea of producing quality entertainment with project budgets under $6Mn. Partnering on the development of scripts is a logical next step for the Company as it allows our creative content to reach market sooner than if we had gone it alone."
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This is exciting news as it shows the company to be accelerating its business ventures in a positive manner.
Plus, with the way the industry of streaming entertainment is shaping up, content will be needed more now than ever.
Capitalizing in the change of consumer patterns, when it comes to media consumption, could make FERL's future productions much sought after especially if they can make more content at a faster pace.
Your #6 FERL Potential Catalyst
FERL is a low float stock profile with explosive breakout potential.
On several occasions during 2020, FERL's chart exhibits multiple short-term spikes made capable from the volatile nature of its share structure.
The OTC Markets website reports FERL to have fewer than 19Mn shares in its float.
As we've seen previously, floats with this few of shares can be extremely volatile. The slightest bit of good news, like a positive press release, can fuel a stock like this on a major breakout ride.
Could that news be right around the corner?
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Your Fearless Films (FERL) Key Recap
#1. Fearless Films (FERL) operates within the global video streaming market which is expected to reach a value of USD $184.3Bn by 2027 according to Grand View Research. In order to offer original and diverse entertainment options for their customers, providers will continue to up their spending in the years to come.
#2. Net-flix, Amazon, Hulu, HBO, and more are shelling out significant sums for original content. This will only create more opp's for Fearless Films and other companies to meet this outburst of content demand.
#3. With multiple completed scripts for development and a new plan for accelerating the development of productions, FERL's future assets could be highly sought after products by companies like Net-flix, Amazon, Hulu, and HBO.
#4. Experience matters. FERL's management team contains members with significant experience over multiple industries, including business and entertainment, which puts the company in good for future successes.
#5. There is major demand for original streaming content from quality production companies. This demand appears to be on the rise on a daily basis. With companies creating new streaming services left and right, more content will be required. Companies like Fearless Films have a real chance to claim their piece of the multi-Bn dollar video streaming market.
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