$WRFX #2/ PALM SPRINGS, CA -- April 26, 2017 -- InvestorsHub NewsWire -- WorldFlix, Inc. (OTC: WRFX) receives multiple offers for financing while continuing to file for the Regulation A+ offering of up to $15,000,000. In addition, WorldFlix subsidiary Paranotek (which developed the Swantry app for child safety) is beginning a $300,000 "A Round" with Fundable.com.
As WorldFlix has begun the filing process of a Regulation A+ offering (similar to an IPO) by experienced securities lawyer, William Eilers, it has received several financial offers from companies seeking to invest in the exciting technology WorldFlix has announced. Most recently, WorldFlix has announced new cyber data encryption technology that can protect clients data even against a supercomputer. This attention has brought several companies to the table with offers to buy the companys debt, assist with financial restructuring and participate in the Reg A offering. Additionally, the company was invited and has begun the process to list on fundable.com for up to $300,000 to be raised through the fundable.com angel investors.
CEO and Founder Brad Listermann stated, "We are very pleased to have multiple offers to review for restructuring our debt to funding our Reg A round coming soon. The financing plan for WorldFlix will be very solid through 2017 and beyond." WorldFlix intends to announce some of these new relationships and make them available for public disclosure in the near future and is confident that these new finance plans will ensure the company is properly funded to launch the coming Swantry app as well as other planned new products and services from Paranotek.
About WorldFlix, Inc.
WorldFlix, Inc. (OTC: WRFX) operates in a variety of niche businesses in the technology and entertainment sphere. WorldFlix divisions include AppFarm, a platform for acquiring, developing, and growing niche apps for mobile and tablet devices; Drobbits, an interactive platform that allows users to create, play and monetize their own video games; Paranotek, a Finnish technology and design company that incorporates its military-grade, proprietary security and privacy features when developing software and apps; Swantry, designed to allow parents to ensure their child is safe on their mobile device; and WorldFlix Entertainment Management, a television and movie development and management business. For more information on WorldFlix, Inc., please visit
http://www.worldflix.co.
About Paranotek
Paranotek is a partnership between WorldFlix, Inc., and Finnish-based technology and encryption experts. Lauri Tunnela, CTO, and Johannes Maliranta, CCO, have a combined 20 years of diverse and complimentary information technology experience.
Tunnelas thesis on information security vulnerabilities has been featured in major Finnish technology magazines. Paranoteks products range from data storage, sharing and instant messaging services to various software suites, all based on our disruptive security technology. While other popular apps, software and services collect your data, Paranoteks unique security technology never collects user data, thus providing an extra layer of enhanced privacy for our users. For more information on Paranotek,
please visit
http://www.paranotek.com.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These statements are based on current expectations, and are to a certain degree uncertain. Words such as expects, anticipates, intends, believe, plan, will and similar words are expressions intended to identify these forward-looking statements. These statements involve risk and subsequently are difficult to evaluate. Actual results may vary from descriptions herein due to many factors including but not limited to changes in business conditions, changes in laws and regulations, problems encountered in exploration and obtaining permits, changes in the competitive environment, technological advances, shortages of skilled workers, the need for additional capital and other risks listed in the company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made, and the company is under no obligation to update them.
For more information, please visit: http://www.swantry.com, www.paranotek.com, www.worldflix.co.
CONTACT INFORMATION
WorldFlix, Inc. (OTC: WRFX)
Brad Listermann
Chairman and CEO
(310) 684-2462
worldflix@live.com
As WorldFlix has begun the filing process of a Regulation A+ offering (similar to an IPO) by experienced securities lawyer, William Eilers, it has received several financial offers from companies seeking to invest in the exciting technology WorldFlix has announced. Most recently, WorldFlix has announced new cyber data encryption technology that can protect clients data even against a supercomputer. This attention has brought several companies to the table with offers to buy the companys debt, assist with financial restructuring and participate in the Reg A offering. Additionally, the company was invited and has begun the process to list on fundable.com for up to $300,000 to be raised through the fundable.com angel investors.
CEO and Founder Brad Listermann stated, "We are very pleased to have multiple offers to review for restructuring our debt to funding our Reg A round coming soon. The financing plan for WorldFlix will be very solid through 2017 and beyond." WorldFlix intends to announce some of these new relationships and make them available for public disclosure in the near future and is confident that these new finance plans will ensure the company is properly funded to launch the coming Swantry app as well as other planned new products and services from Paranotek.
About WorldFlix, Inc.
WorldFlix, Inc. (OTC: WRFX) operates in a variety of niche businesses in the technology and entertainment sphere. WorldFlix divisions include AppFarm, a platform for acquiring, developing, and growing niche apps for mobile and tablet devices; Drobbits, an interactive platform that allows users to create, play and monetize their own video games; Paranotek, a Finnish technology and design company that incorporates its military-grade, proprietary security and privacy features when developing software and apps; Swantry, designed to allow parents to ensure their child is safe on their mobile device; and WorldFlix Entertainment Management, a television and movie development and management business. For more information on WorldFlix, Inc., please visit
http://www.worldflix.co.
About Paranotek
Paranotek is a partnership between WorldFlix, Inc., and Finnish-based technology and encryption experts. Lauri Tunnela, CTO, and Johannes Maliranta, CCO, have a combined 20 years of diverse and complimentary information technology experience.
Tunnelas thesis on information security vulnerabilities has been featured in major Finnish technology magazines. Paranoteks products range from data storage, sharing and instant messaging services to various software suites, all based on our disruptive security technology. While other popular apps, software and services collect your data, Paranoteks unique security technology never collects user data, thus providing an extra layer of enhanced privacy for our users. For more information on Paranotek,
please visit
http://www.paranotek.com.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These statements are based on current expectations, and are to a certain degree uncertain. Words such as expects, anticipates, intends, believe, plan, will and similar words are expressions intended to identify these forward-looking statements. These statements involve risk and subsequently are difficult to evaluate. Actual results may vary from descriptions herein due to many factors including but not limited to changes in business conditions, changes in laws and regulations, problems encountered in exploration and obtaining permits, changes in the competitive environment, technological advances, shortages of skilled workers, the need for additional capital and other risks listed in the company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made, and the company is under no obligation to update them.
For more information, please visit: http://www.swantry.com, www.paranotek.com, www.worldflix.co.
CONTACT INFORMATION
WorldFlix, Inc. (OTC: WRFX)
Brad Listermann
Chairman and CEO
(310) 684-2462
worldflix@live.com
