Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

tZERO Announces American Films Common Stock Will Begin Trading on the tZERO ATS Following Its Reverse Stock Split & Digitization of Shares

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that trading of the American Films, Inc. (OTC: AMFL) common stock is projected to commence on tZERO’s regulated alternative trading system in Q4 2021, following American Films’ planned reverse stock split and the digitization of its shares. American Films is an intellectual property anti-piracy innovator and developer of films and other creative projects. It plans to digitize shares of the company using tZERO’s smart contract technology.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210924005062/en/

tZERO’s wholly owned, FINRA member broker-dealer subsidiary, tZERO ATS, operates an organized and automated marketplace for trading private digital securities. American Films is the first over-the-counter traded company to move to trade on the tZERO ATS.

tZERO Interim CEO and Chief Legal Officer Alan Konevsky stated, “The delay in trading is a carefully considered decision as American Films embarks on its broad-based asset digitization strategy. We look forward to digitizing American Films common stock once it completes its corporate actions, and trading it, which we anticipate will commence on the tZERO ATS in Q4 2021.”

American Films owns, develops, and acquires intellectual property, which it seeks to monetize through proprietary technology, enforcement of rights, and asset digitization. Its processes and technology include FACTERRA, a web-based evidence gathering program that identifies instances of copyright infringement, allowing American Films to pursue intellectual property protection on behalf of copyright owners.

American Films CEO and President John Carty shared, “We are excited to share more details about our planned stock split, as well as our digitization roadmap. We believe the company is better positioned for growth and significant shareholder value creation by delaying the trading of American Films’ common stock on the tZERO ATS.”

Customers of tZERO’s retail broker-dealer subsidiary, tZERO Markets, will be able to trade American Films common stock on the tZERO ATS. Investors who do not yet have an account at tZERO Markets should visit https://www.tzero.com/investors/register for details on how to open a brokerage account so they are able to trade American Films common stock once it starts trading in Q4 2021.

Important Risk Information

Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.

No Offer, Solicitation, Investment Advice or Recommendations

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Forward-Looking Statements

This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO’s ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur.

About tZERO

tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.

tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions.

About tZERO ATS

tZERO ATS, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO ATS may be found at https://brokercheck.finra.org/. Digital securities that trade on tZERO ATS are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term "digital" refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.

About tZERO Markets

tZERO Markets, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO Markets may be found at https://brokercheck.finra.org/. Digital securities available on tZERO Markets’ platform are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term "digital" refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.

About American Films

American Films Inc. is an owner, developer, and acquirer of intellectual property which the company seeks to monetize at higher rates through its proprietary technology, litigation, and asset digitization. It seeks to create alternative investment participation vehicles that provide necessary funding to appropriate projects while offering reasonable return on investment and mitigation of business risks traditionally encountered in the film industry. American Films identifies media products and film industry professionals receptive to alternative funding and the fair treatment of equity investors. Through its wholly owned subsidiary, FACTERRA LLC, American Films plans to identify instances of copyright infringement and pursue intellectual property protection litigation.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.