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$WRFX WorldFlix Retains Law Firm to Conduct Reg A Offering to Raise Up to $15 Million, $7.5 Million Committed
ACCESSWIRE - Wed Sep 21, 12:45PM CDT
PALM SPRINGS, CA / ACCESSWIRE / September 21, 2016 / WorldFlix, Inc. (OTC PINK: WRFX), an App / Technology company that operates through a variety of niche industries using unique and disruptive technologies, is pleased to announce it has retained the law firm of William Robinson Eilers, Esq. to assist in conducting a Reg A+ offering. Reg A + were adopted through the Jobs Act and are a form of a "mini IPO" that allow for raising money through compliant equity crowdfunding and/or to the general public.

The Company announced it has retained the law firm of William Robinson Eilers, Esq to provide legal services to raise up to $15 million through a Regulation A+ public offering. The offering will be partially placed through current investment agreements with Phoenix Fund Management at the company's election for up to 7.5 million if fully exercised. In addition, to whatever portions the companies deems appropriate, the company also intends to offer equity placement through compliant crowdfunding equity sites made available to the general public.

The company plans to launch the Swantry mobile application to help combat cyberbullying of young children and teens. And to fund the marketing budget for launch of Swantry, and develop other mobile applications within it portfolio. The Swantry app is a launcher app that controls the entire child's smart device and will have a fee for a basic or premium level membership.

In addition to deploying a portion of the capital raised to launch the aforementioned Swantry cyberbullying app, the company also plans to use portion of proceeds to purchase back convertible debt capable of creating dilution and reduce the company's debt while overall increasing shareholder share value.

More on Reg A + from SEC press release: http://www.sec.gov/news/pressrelease/2015-49.html

To request an investor packet and more information on the upcoming Reg A+ offering please email us at [e-mail] to "indicate interest", or contact:

William Robinson Eilers, Esq

1000 Fifth Street, Suite 200-P2

Miami Beach, FL 33139

Phone: [phone]
Toll-Free: (844) Rule-144

Fax: [phone]
Website: www.eilerslawgroup.com

The Phoenix Fund Management

Gavi Silberstein

Portfolio Manager

150 SE 2nd Ave - Suite 301

Miami, Florida 33131

Phone: [phone]
Email: [e-mail]

Web: www.phoenixfundmgt.com

About WorldFlix, Inc.

WorldFlix, Inc. (OTC:WRFX) operates in a variety of niche businesses. App Farm-platform for acquiring, developing, and growing niche apps for mobile and tablet devices. Drobbits-interactive platform that allows users to create, play, and monetize their own video games. Swantry-a military-grade, triple encrypted, launcher app that allows parents to ensure their child is safe on their mobile device. Lastly, WorldFlix Entertainment Management is the company's television and movie development and management business. For more information on WorldFlix, Inc. (OTC PINK: WRFX), please visit www.worldflix.co or http://www.otcmarkets.com/stock/WRFX/profile

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.

Contact:

WorldFlix, Inc. (OTC:WRFX)

Brad Listermann

Chairman and CEO

[phone]
[e-mail]

SOURCE: WorldFlix, Inc.

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