NEW BOSTON, NH, November 10, 2021 (GLOBE NEWSWIRE) – Innovative Intellectual Property Protection and Identity as a Service (IDaaS) Company American Films, Inc. (OTC: AMFL) announced today that Bradley Safalow has been appointed Chairman of the Board.
Founder and CEO of independent research firm PAA Research LLC, Safalow is used to generating action-oriented investment ideas with the potential for high absolute return.
“Brad’s background in analyzing and evaluating companies and opportunities, particularly in the area of asset digitization, makes him our ideal chairman of the board,” said Geoff C . Lee, President and CEO of American Films. “As an investor and advisor, Brad has been instrumental in our growth, particularly around our monetization strategies, and we are confident that his leadership of the Board of Directors will bring tremendous value to our shareholders, partners and intellectual property owners around the world. “
Safalow received a bachelor’s degree in economics from the University of Virginia, where he also competed on the men’s swimming and diving team. Mr. Safalow started his career on Wall Street in the leveraged finance group at JPMorgan, after which he worked as a senior equity research analyst at the bank covering the business services sectors. and education. Prior to founding PAA Research, Mr. Safalow joined RiverEdge Capital, a global long / short equity hedge fund, where he focused on small / mid cap stocks and short idea generation.
“American Films’ mission – to make sure content creators get their fair share of the profits from their work – really resonates with me,” said Safalow. “I see us as an essential partner for creators and copyright owners, putting in place a repeatable process to secure intellectual property so that it can be monetized at higher rates using all digital tools. available, including non-fungible tokens (NFT) and security token offerings (STO), among others.
Safalow added that the fragmented and inefficient media landscape is ripe for the introduction of the more decentralized and direct ownership model offered by American Films.
American Films owns, develops and acquires intellectual property, which it seeks to monetize at higher rates through proprietary technology, litigation and the digitization of assets. Its proprietary processes and technologies include FACTERRA, an online evidence-gathering program that identifies cases of copyright infringement and enables American Films to pursue intellectual property protection lawsuits on behalf of copyright owners. Copyright.
In another move demonstrating the company’s commitment to increasing shareholder value by focusing on digitizing assets in the form of STO and NFT shows, American Films recently announced a partnership with tZERO ATS, which is operated by tZERO ATS, LLC, a broker member of FINRA affiliate of tZERO, a leader in blockchain innovation and liquidity for digital securities. American Films currently trades over-the-counter (OTC), but plans to become the first over-the-counter company to trade on tZERO ATS starting in the fourth quarter of 2021. Its over-the-counter trading will continue after that, however. , and the company will retain its existing AMFL ticker symbol on both platforms, subject to regulatory approval.
The company is also planning a 1: 5 stock reverse, which is designed to meet increased additional demand for its common stocks and make the stocks more attractive to a wider range of potential long-term institutional investors, according to Lee. .
American Films Inc. is an innovative company that owns, develops, acquires and protects intellectual property in the creative and media spaces. Leveraging proprietary technology, litigation and asset digitization, American Films supports the creative process and protects intellectual property in the film and music industries. For more information on American films, please visit https://americanfilms.us/.
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