Primary Focus Will Be Supporting Independent Filmmakers through
Paloozoo.com’s Affiliated Film Streaming Distribution Service
LOS ANGELES –
American Films, Inc. (Pink Sheets: AMFL) is pleased to announce the
completed acquisition of Paloozoo.com, a fully operating social
networking platform. The unique Paloozoo technology offers the
member-users the ability to filter and control their content feed,
thereby blocking unwanted postings.
“We’re very pleased to be joining American Films, Inc. This acquisition
gives Paloozoo a tremendous opportunity to scale and to realize
compelling synergies between our two company’s offerings,” said Rick
Link, Co-Founder and Chief Technology Officer of Paloozoo.
“Paloozoo’s vision has always been to provide the most diverse content
in social media while giving users direct control over their experience.
American Films, Inc. will help take this vision to another level,” said
Mark Reinisch, Co-Founder and Chief Product Officer of Paloozoo.
American Films, Inc. President John Carty welcomed the Paloozoo team to
the company by saying, “We all look forward to seeing the new platform
support the filmmaking process for creative independent film producers.
Plus, it only takes two clicks to establish your Paloozoo account!”
About American Films, Inc.
American Films, Inc. is an emergent entertainment industry company
focused on opportunities for equity investors. In an industry
environment that is historically unfavorable to equity participation,
American Films seeks to create alternative investment participation
vehicles that provide necessary funding to appropriate projects while
offering reasonable return on investment and mitigation of the
significant business risks traditionally encountered. American Films
identifies media products and talent receptive to alternative funding
and fair treatment of equity investors, provides vehicles towards
accomplishing mutual goals, and provides target-focused leadership
incorporating an audit emphasis at all stages of project completion
including financing, development, production, distribution, and royalty
collection.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171213005222/en/
American Films, Inc.
Tom Murphy, 508-579-4716