VANCOUVER, BC / ACCESSWIRE / December 20, 2018 / The Wonderfilm Media Corporation (TSX-V: WNDR) (OTC PINK: WDRFF), (FRA:25Y), ("Wonderfilm" or the "Company"), is pleased to announce the upcoming human trafficking thriller, "Steal the Night" (featuring Steven Seagal), will begin filming in the Romanian countryside in January of 2019. This project is Wonderfilm's 8th feature film of the year to be shot of a total of 18 movies for the fiscal year 2019, which has a cumulative production budget of over $90 million USD. The film comes with a lean production budget of $2.5 million USD and is to be distributed through The Exchange.
"'Steal the Night' is a small, yet safe project for Wonderfilm to produce and in many ways, represents our single base hit strategy with our films," commented Kirk Shaw, co-founder, executive producer and CEO of Wonderfilm Media. "We have successfully executed in delivering these types of films over the past 30 years. Our track record has established trust from our partners that provides us an edge as we evolve our content strategy to become a new age, fully integrated, global production company."
Neither the TSX Venture Exchange Inc. ("Exchange") nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Wonderfilm is a leading publicly traded entertainment company with offices in Beverly Hills, Vancouver, Canada and Seoul, South Korea. Wonderfilm's main business is the production of high- quality feature films and episodic television that offer international appeal through the Company's guiding philosophy of bringing new financing solutions to an entertainment industry increasingly looking for funding and co-production alternatives. Wonderfilm is a producer and distributor only for the projects disclosed. The legal ownership of movie productions are held in a special purpose legal entity held at arm's length to the Company to facilitate for the qualification of various levels of domestic and foreign government tax credit incentives that are customary in the film and production business.
This press release contains forward-looking statements that are subject to substantial risks, uncertainties and assumptions. All statements other than statements of historical fact contained in this press release are forward-looking statements. These statements often include words such as "believe," "expect," "target," "anticipate," "forecast," "intend," "plan," "projects," "seek," "will," "may" or similar expressions. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Wonderfilm's control and Wonderfilm's actual results could well differ materially from those stated or implied in forward-looking statements due to several factors.
Although Wonderfilm believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All such reflect the date made only. Wonderfilm undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further details, please see the Company's documents filed on the System for Electronic Document Analysis and Retrieval at www.sedar.com.
For further information, please contact:
The Wonderfilm Media Corporation, Chief Executive Officer
Telephone: (604) 638-4890
IR -- Thesis Capital Inc.
SOURCE: The Wonderfilm Media Corporation