Red Rock Pictures Holdings, Inc. Announces Clarification on Today’s Market Activity
LOS ANGELES--(BUSINESS WIRE)--Red Rock Pictures Holdings, Inc. (OTCBB: RRPH) (“Red Rock”), a film and entertainment marketing company, announced today that the Company is unaware of the source of the larger than average volume of selling/buying of Red Rock’s stock. Red Rock’s Chief Executive Officer and President Reno Rolle’ said Red Rock is moving forward on the closing of the deal with the Comedy Net acquisition and the execution of the Company’s business plan.
"We feel that the current share price of RRPH's stock does not accurately reflect the Company's true value at this time, nor does it take into account any of the Studio Store Direct potential growth and development opportunities, or our future expectations based on these events," said Rolle’. "We're constantly building closer relationships with our existing business partners as well as building new relationships on a regular basis, all of which will contribute to our building a stronger company.”
This came out 2 hours ago, FYI
