WORLDFLIX TRANSFORMS WITH NEW LEADERSHIP
Personnel Announcement | 04/23/2019
April 23, 2019
OTC Disclosure & News Service
Los Angeles, CA —
This release includes additional documents. Select the link(s) below to view.
WRFX BEGINS TRANSFORMATION.pdf
WORLDFLIX TRANSFORMS WITH NEW LEADERSHIP
WorldFlix, Inc. (OTC: WRFX), an emerging world-class provider of innovative and disruptive cybersecurity and mobile software, announces the retirement of the Company Founder and Chief Executive Officer Brad Listermann.
The Company has reached a critical milestone of financial maturity and is now ready to enter a new phase of growth that will elevate and define our business strategy to strengthen our value proposition to the market as well as our shareholders.
A grateful Brad Listermann stated, "We would not be here without the support of our long-term investors and the Paranotek Team". The award-winning Hollywood filmmaker is returning to his roots in entertainment with a planned documentary about heart health (after his own two heart attack and health recovery success story), real estate development and plans to focus on his family.
With Brads encouragement and support, wholly owned subsidiary Paranotek CEO Mick Davis will lead a select group of private investors as they take stewardship of the governance and management of the Company. Mr. Davis will immediately step in as WorldFlixs interim Chairman of the Board and CEO. Mr. Davis stated, I plan to move quickly to establish a new independent Board of Directors and independent Audit and Compensation Committees that will support and oversee the implementation of the Companys business strategy moving forward. Mr. Davis further stated CTO and Finnish partner Lauri Tunnela will assume General Manager duties of Paranotek.
In a final farewell, Mr. Listermann confidently shared, We have high excitement for the future of the Company and the combined revenue potential of Paranotek and our joint venture app partners. As a shareholder, I personally have high expectations for Mick and his team. I look forward to watching the Company implement the new strategy and wish Mick and the team the best of luck.
Personnel Announcement | 04/23/2019
April 23, 2019
OTC Disclosure & News Service
Los Angeles, CA —
This release includes additional documents. Select the link(s) below to view.
WRFX BEGINS TRANSFORMATION.pdf
WORLDFLIX TRANSFORMS WITH NEW LEADERSHIP
WorldFlix, Inc. (OTC: WRFX), an emerging world-class provider of innovative and disruptive cybersecurity and mobile software, announces the retirement of the Company Founder and Chief Executive Officer Brad Listermann.
The Company has reached a critical milestone of financial maturity and is now ready to enter a new phase of growth that will elevate and define our business strategy to strengthen our value proposition to the market as well as our shareholders.
A grateful Brad Listermann stated, "We would not be here without the support of our long-term investors and the Paranotek Team". The award-winning Hollywood filmmaker is returning to his roots in entertainment with a planned documentary about heart health (after his own two heart attack and health recovery success story), real estate development and plans to focus on his family.
With Brads encouragement and support, wholly owned subsidiary Paranotek CEO Mick Davis will lead a select group of private investors as they take stewardship of the governance and management of the Company. Mr. Davis will immediately step in as WorldFlixs interim Chairman of the Board and CEO. Mr. Davis stated, I plan to move quickly to establish a new independent Board of Directors and independent Audit and Compensation Committees that will support and oversee the implementation of the Companys business strategy moving forward. Mr. Davis further stated CTO and Finnish partner Lauri Tunnela will assume General Manager duties of Paranotek.
In a final farewell, Mr. Listermann confidently shared, We have high excitement for the future of the Company and the combined revenue potential of Paranotek and our joint venture app partners. As a shareholder, I personally have high expectations for Mick and his team. I look forward to watching the Company implement the new strategy and wish Mick and the team the best of luck.
