SANTA MONICA, Calif.,
Sept. 24, 2013 /PRNewswire/
-- RegalWorks Media, Inc. (formerly known as AmerElite
Solutions, Inc. (OTC Markets & OTCBB: RWMI) is proud to
announce this shareholder update to existing shareholders and
potential new shareholders.
RegalWorks (the "Company" or "RegalWorks") recently completed
the merger with AmerElite Solutions, Inc. ("AmerElite") effective
as of July 15, 2013, as previously
announced on form 8-K filed on July 19, 2013 and as also disclosed
on the Company's recently filed 10-Q. With the merger and change in
control come several new changes for the Company that are included
in this update.
Pursuant to the merger between AmerElite and RegalWorks.
AmerElite formally changed its name to RegalWorks Media, Inc.
Subsequently, there was a 25:1 reverse stock split in the Company's
common shares effective August 26,
2013.
In addition to the stock split and company name change,
RegalWorks has received a new stock symbol and will now trade
under the symbol "RWMI" effective as of the market open on
Tuesday, September 24, 2013.
The Company's new corporate address, which is also disclosed in
our recent public filings, is: 604 Arizona Avenue, Santa Monica, Ca. 90401. Please update your
records.
Mr. West, the Company's CEO commented, "During the past several
months, we have focused a considerable amount of time and effort on
merging our company with AmerElite, and aggressively moving forward
with our business plan in becoming the next mini-major film studio.
We are very excited about becoming a public company and pursuing
the various initiatives and projects that are in process as we seek
to build long-term shareholder value."
About RegalWorks Media, Inc.:
RegalWorks is a publicly traded, independent multimedia studio
led by a highly regarded team of media and business executives. The
initial focus of the Company is feature film production that
matches worldwide audiences with stories that resonate. RegalWorks'
slate of films and projects in the pipeline include leading
producers and directors that will produce buzz-worthy films with
memorable story lines and characters, and employ internationally
bankable casts. The Company also intends to complete several
strategic acquisitions in the area of media production for film,
TV, games, and online, as well as Internet and mobile advertising
and marketing to provide additional distribution, marketing
channels and trans-media formats to further leverage the content
the Company produces.
Safe Harbor Statement:
This press release contains certain statements that may include
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects," "anticipate," "optimistic," "intend," "will"
or other similar expressions. The Company's actual results could
differ materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in the Company's periodic reports that are filed with the
Securities and Exchange Commission and available on its website at
http://www.sec.gov. All forward-looking statements attributable to
the Company or persons acting on its behalf are expressly qualified
in their entirety by these factors. Other than as required under
applicable securities laws, the Company does not assume a duty to
update these forward-looking statements.
SOURCE RegalWorks Media, Inc.
