MIAMI BEACH, FL, May 8, 2013 /CNW/ - Rangemore Film Productions Corp. ("Rangemore") (OTCPINK:RANF) today announces that management has prepared all the necessary
paperwork required to move to the 'Current Information' tier of the OTC
Markets quotation system. In addition to the internally prepared
documentation a third party legal opinion will also need to be provided
as part of the filing process and that is currently underway. It is
anticipated that all documentation including the legal opinion will be
filed with OTC Markets on or before May 24th, 2013.
"It is important that we become a 'Current Information' filer with OTC
Markets to gain credibility with the investment community" stated
Richard Smith, Secretary & Treasurer of Rangemore. "As our company
develops corporately we want to ensure that we are doing everything we
can to get maximum return for our shareholders and moving to 'Current
Information' is just one forward step in our long-term plan to become
fully reporting" continued Mr. Smith.
About Rangemore Film Productions Corp. (Formerly Auctions International
Rangemore Film Productions Corp. (formerly Auctions International Inc.)
is a publicly traded company who operates a film studio on the Isle of
Man known as Island Studios. Island Studios is a complete film
production facility located two miles outside the town of Ramsey and is
approximately 7 acres in size and houses a film studio, sound studio,
make-up studio, dressing rooms, canteen and dormitory, administration
offices, and storage facility. Along with the studio operations,
Rangemore will be actively investing in and producing independent film
Rangemore Film Productions Corp. is a Development Stage Company, as
defined by Financial Accounting Standards Board ("FASB") Accounting
Standards Codification ("ASC") 915, Development Stage Entities, and has
not yet generated significant revenues from their intended business
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 Rangemore
Film Productions Corp.'s filings with OTCMarkets which may identify
specific factors that may cause actual results or events to differ
materially from those described in the forward-looking statements.
SOURCE: Rangemore Film Productions Corp.
For further information:
For more information on Rangemore please call 305-851-2469.
On the web go to www.rangemorefilmproductions.com.