Fearless Films Inc. (FERL)

[TFMG]

$FERL - Capitalize On The Streaming Boom For Under $0.10









Fearless Films, Inc. (OTCQB: FERL)
Alert Price: $0.0850
Float: 18.65M
Fearless Films, Inc. (OTCQB: FERL) should be at the top of your trading screen!
The company could become a big name in streaming content and currently the stock is trading at less than 10 cents.
FERL is an independent full-service production company is the branchild of award-winning actor/ producer Victor Altomare along with award-winning writer and director Goran Kalezic.
The service scope specializes in short film and feature film production in addition to script writing, copywriting, fulfillment and distribution.
All work created by the company is a unique idea, embodied in the life by talented operators, editors and designers. The company can also realize any task associated with video production.
Movie fans will recognize Victor from the Great Chameleon, Graveyard Story and the Last King. On television you may have seen him in series such as the My Cicco show, Blue murder or documentaries such as Mob Stories, to name a few.
Highlights of Victor's voice talent credits include the acclaimed Resident Evil: Outbreak series, including Resident Evil: Outbreak file # 2.

Streaming is a sector that has been seeing impressive growth due to the coronavirus pandemic. As more people stay at home, the televisions are turned on and many are watching streaming services.

The world is streaming more than ever now!

According to a study conducted by OnePoll on behalf of Tubi, which surveyed 2,000 Americans with access to a streaming service, the average person is now streaming eight hours of content per day!

COVID-19 has also helped Netflix sail to over $500 a share and the streaming giant has been reporting record subscriber growth.

Companies like Netflix as well as Amazon and Hulu are spending upwards of $40 billion towards new original content, creating massive opportunities for companies like FERL to meet the demand of these industry powerhouses.

FERL announced at the end of June that it has closed a non-brokered private placement offering of up to 6,666,668 shares priced at $0.15 per common share for gross proceeds of $1M!

The proceeds of the Offering will be used to support the operations of the company, including brand building and film production. FERL plans to begin production on its next film during this year!

CEO Victor Altomare has stated, "The growth of streaming media has created rising demand for quality entertainment properties. Fearless Films was founded with the idea of producing quality entertainment with project budgets under $6 million. The Great Chameleon is an example of this strategy in action. We plan to advance a number of new projects that are promising and designed to meet the needs of new-era film distribution platforms."

It was in April that FERL confirmed its ownership of full rights to The Great Chameleon and it is the first production by Fearless Films. This film forms the cornerstone of the Company's library of intellectual property!

With a stellar rating on IMDB, The Great Chameleon is a bawdy comedy with dramatic overtones in which the FBI secretly releases master of disguise con man Joe Murky (Victor Altomare) from prison to track down his abducted niece.

With the assistance of his long-time cohort and eccentric make-up artist Max; Joe Murky, aka: Great Chameleon will reach into his whole bag of tricks with his off-the-wall style of disguises as he nears his target. All the while, Murky is hampered by the overzealous parole officer Curry, who has a personal vendetta against him. The Great Chameleon is a crime story with plentiful laughs, and a fun-to-watch experience.

The film has streaming distribution through Amazon Video (UK) and is also available for rent or purchase on Amazon Video, along with Google Play, iTunes, YouTube, and Microsoft XBox platforms. Imageworks Entertainment International, the agent for the film, recently obtained US distribution via Amazon US.

The Great Chameleon is now available on a number of streaming platforms. It is available on Amazon US and UK, Google YouTube, Xbox and iTunes.

It was in the fall of 2019 that FERL signed a Letter of Intent with Altomare to acquire the rights to up to twelve movies from a library held by Altomare, who is also the President of Fearless Canada, the Company's operating subsidiary.

Under the terms of the LOI, the acquisition price and consideration for each film will be negotiated separately and payable in cash and shares of the Company, subject to negotiation of the Definitive Agreements and the obtention of mutually satisfactory independent appraisals of the value of each film.

FERL recently completed an agreement to acquire Only Minutes, a significant addition to the company's growing library of media titles!

Only Minutes was written and directed by Goran Kalezic. The movie premiered at the Fort Lauderdale International film festival where it was the winner of the Critic's Choice award. It has also been featured in the Hollywood Film Festival.

Goran Kalezic is a writer and director, known for Only Minutes, The Great Chameleon (2012), The Bartender (2005) Audience Favoured at Indyfest and Bag the Wolf (2000). He is also the author of Dostoevsky's Anarchists: A Screenplay Adaptation of Dostoevsky's Demons (2018).

Only Minutes is a story about about a man attempting to exact revenge on his bank. Its cast includes Victoria Snow, known for her work on In The Dark (2019), Incorporated (2016) and Slasher (2016); Lazar Rockwood, known for Witchblade (2000 and 2001) and Antigone (2012); and Peter Schindelhauer, known for his work on X-Men (2000), RoboCop (2014) and X-Men: Dark Phoenix (2019).

The Company has agreed to acquire the film in an all-stock transaction which is expected to close during the third quarter of 2020.

The film will join The Great Chameleon and The Lunatic as part of the Company's growing content library and complements the company's strategy of building an inventory of high-quality films that will be supplemented with new in-house productions.

It was earlier in June that FERL announced that it had completed an agreement to acquire the acclaimed The Lunatic, a film whose rights were held by Mr. Altomare.

The Lunatic was produced by Victor Altomare and directed by Robert Longo. The movie premiered at the Montreal Film festival as an official selection, won the bronze award in Houston Film Festival, and was also awarded at the Yorkton Short Film Video festival.

The Lunatic stars Victor Altomare, who portrays a murderer who feigns insanity in order to avoid electrocution, along with Lazar Rockwood (known for Witchblade and Antigone), Jennifer Dale (received Earle Grey Award recognizing her lifetime achievements in the Canadian entertainment industry), and boxing great George Chuvalo (who twice fought against Muhammad Ali for the heavyweight championship).

FERL also announced recently that it is in discussion with a significant Los Angeles-based film production company to partner on the production of scripts.

This production partnership will be of great benefit in sourcing locations, talent and facilities due to their long experience in film production. These discussions are preliminary and will require formal contracts once agreement has been reached on final details.

Mr. Altomare stated, "Fearless Films was founded with the idea of producing quality entertainment with project budgets under $6 million. Partnering on the development of scripts is a logical next step for the Company as it allows our creative content to reach market sooner than if we had gone it alone."

FERL has additionally announced in June that it has acquired FilmOla.com to add additional revenue and distribution.

FilmOla is an online marketplace where content is showcased and updated instantly to a trusted global community of viewers, reaching new audiences and new markets 24/7.

The platform is also launching an online- social media platform for film and movie junkies to connect. FilmOla earns revenue from advertising and online affiliate programs. FilmOla leverages affiliate marketing to drive revenue to the media channel by connecting viewers interested in film and movie content.

EMarketer forecasts that cord-cutting will grow to 76 million households in 2023 from 46 million in 2019. The company also suggests that pay-TV household numbers will fall from 86.5 million last year to 72.7 million households in 2023.

According to nocable. org , in 2018, there were almost 171 million subscriptions to streaming services, which increased by 6.9% in 2019 to 182.5 million. OTT services such as Netflix , Hulu, Youtube TV and Sling lead the way here and are still expected to headline a list of streaming services that will net a total 191.5 million subscribers in 2020.
How big has the streaming market become? Streaming device maker Roku went bonkers last year and skyrocketed nearly 400%!
There is plenty of interest in online viewing and the proof is in the pudding with Roku's performance in 2019.
More and more people are saying goodbye to their expensive cable bills and are cutting the cord and signing up for streaming services.
The global entertainment market — consisting of theatrical and home entertainment — has surpassed $100 billion in revenues for the first time in history, with earnings reaching $101 billion in 2019, according to a new report released by the Motion Picture Association.
Earlier this month FERL announced that it has negotiated an agreement for the extinguishment of its 2019 Convertible Note from the holder of the Note. The transaction is contingent on the Company delivering shares to the holder. If fully executed, the transaction will extinguish all of the remaining $76,500 in debt related to the Note.
"We negotiated this agreement as a means of reducing future potential dilution from the Convertible Note. We believe that this will provide the Company with the flexibility to raise new equity capital at potentially more beneficial terms, allowing us to continue to support our film production and media library expansion where we believe that shareholder value is ultimately created" stated Victor Altomare, CEO .
FERL also said this month that it will apply to list its share on a stock exchange in Canada, in addition to its current listing on the OTCQB market.
The Company has decided to take this step to access a wider pool of capital as well as to increase liquidity options for its shareholders.
Streaming is a monstrous arena that gives FERL a massive market to cater to!
Start your research on the company right away at: www.fearlessent.
Millions upon millions of people are streaming and FERL is aiming to capitalize!By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best Regards,