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International Entertainment News

Wednesday, August 07, 2013

Rangemore in receipt of legal opinion

Rangemore in receipt of legal opinion


MIAMI BEACH, FL, Aug. 7, 2013 /PRNewswire/ - Rangemore Film Productions Corp. ("Rangemore") (OTCPINK: RANF) today announces it has received the Attorney Letter required to quote
its common shares on the OTC Pink - Current Information Tier of the OTC
Pink marketplace.  The legal opinion has been electronically filed with
OTC Markets and Rangemore has now met all the requirements to have its
common shares quoted on OTC Pink - Current Information.


About Rangemore Film Productions Corp. (Formerly Auctions International
Inc.)

Rangemore Film Productions Corp. is a publicly traded company who is in
the business of operating film studios and co-producing independent
film productions.



Rangemore is currently in the process of identifying and acquiring
studio suitable properties in four key markets: Asia; South Africa;
Europe and North America.  Potential acquisition sites will have to
meet certain criteria including: a low cost per square foot; easy
conversion into usable studio space; established local infrastructure;
establish local film industry; limited or non-existent competition;
available government tax incentives and mortgage financeable.  The
identified acquisitions will be either purchased outright utilizing
debt funding and tax credit incentive programs or leased on a long term
basis.



Along with the studio operations, Rangemore will be actively investing
in and co-producing independent film productions.  Currently Rangemore
has a preliminary agreement to participate in the royalties of an
independent film production being developed in the United Kingdom.  The
agreed upon terms will allow Rangemore to purchase interest in the film
royalties in exchange preferred shares for up to a maximum of 10% of
the total royalties.  The final terms and a definitive agreement are in
the process of being prepared.



Rangemore Film Productions Corp. is a Development Stage Company, as
defined by Financial Accounting Standards Board ("FASB") Accounting
Standards Codification ("ASC") 915, Development Stage Entities, and has
not yet generated significant revenues from their intended business
activities.


Forward Looking Statements


Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements. Actual
results may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See Auction
International Inc's filings with OTCMarkets which may identify specific
factors that may cause actual results or events to differ materially
from those described in the forward-looking statements.




SOURCE Rangemore Film Productions Corp.

Rangemore Film Productions Corp.

CONTACT: For more information on Rangemore Film Productions Corp. please call 786.924.6579On the web go to www.rangemorefilmproductions.com


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