NetworkNewsBreaks – Wonderfilm Media Corp. (TSX.V: WNDR) (OTCQB: WDRFF) Fast-Tracking Revenue, Increasing Production Efficiency

October 23, 2019 11:19:43

Wonderfilm Media (TSX.V: WNDR) (OTCQB: WDRFF), a producer of high-quality feature films and episodic television with international appeal, on Tuesday announced the co-marketing of a third-party, $50 million (C$65.9 million) asset-backed debt facility intended to fast-track the company’s revenue and boost overall production efficiency. The independent, U.S.-based limited liability corporation (“LLC”) facility will be secured against specific future Wonderfilm movie productions. Created to exclusively support the company’s upcoming movie productions, the facility provides Wonderfilm with a means to hasten scheduling, production and delivery of its film and television projects. The move will also enable WDRFF to realize speedy revenue-generation and production by cash flowing all pre-sale movie contracts.

To view the full press release, visit http://nnw.fm/GC1Tx

About Wonderfilm Media

Wonderfilm is a leading publicly traded entertainment company with offices in Los Angeles and Vancouver. Wonderfilm’s main business is the production of high-quality feature films and episodic television. Global Content Creation leaders – the Wonderfilm team – has packaged, produced and delivered hundreds of profitable films with proven direct access to Academy Award Quality films and upside. For more information, visit the company’s website at www.Wonderfilm.com.

NOTE TO INVESTORS: The latest news and updates relating to WDRFF are available in the company’s newsroom at http://nnw.fm/WDRFF

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