MIAMI BEACH, FL, May 15, 2014 /CNW/ - Cre8tive Works, Inc. ("Cre8tive") (OTCPINK:FILM) today announces that management has commenced the process to become fully reporting with the U.S. Securities and Exchange Commission ("SEC"). The management has identified the auditor and the legal team and is in the process of gathering the information and preparing the documentation required to complete the filing process. As previously released, Cre8tive was to become fully reporting in Canada by listing on a Canadian Stock Exchange but after further review it was decided that it will be quicker and more cost effective to become fully reporting in the US first.
The process will include but not be limited to:
- An audit of the financial records of Cre8tive.
- Preparation and filing of a Form 10 with the SEC.
- Filing all applicable documents with EDGAR.
- Preparing and filing a current Information document with the NASD.
"Becoming a Fully Reporting Company is a natural step in the development of Cre8tive" stated Richard Smith, Secretary & Treasurer of Cre8tive. "Fully Reporting status will add credibility and provide access to larger funding and allow our common shares to be quoted on the OTCBB, OTCQB, and in Europe. It will also speed up the listing process in Canada and open to the door to getting quoted on a more senior US exchange. With all the new regulations coming in it is imperative we become fully reporting to protect the share value" concluded Mr. Smith.
About Cre8tive Works, Inc.
Cre8tive Works, Inc. is a Miami Beach based company that specializes in the financing of compelling, production ready, independent films and documentaries. Our mandate is to identify projects that strike a balance between artistic integrity and commercial viability for the international market and to develop strong relationships with independent filmmakers that will assist them in bringing their vision to fruition while ensuring a solid financial return for our shareholders. Cre8tive Works, Inc. is a publicly traded company having its common shares quoted on the OTC Markets under the symbol FILM.
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 Cre8tive Works, Inc.'s filings with OTC Markets which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
SOURCE: Cre8tive Works, Inc.
For further information: For more information please call 786-924-6579; Corporate Webpage: www.Cre8tiveWorks.net; Facebook: www.facebook.com/Cre8tiveWorksInc; Twitter: twitter.com/Cre8tive_Works