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     384  0 Kommentare Rainmaker Entertainment Announces Financial Results for the 2nd Quarter of 2014 - Seite 2

    Michael Hefferon, President and Executive Producer, commented, "Studio production levels have increased in 2014 and will continue to do so as Bob the Builder moves into full production under the Mainframe banner, and Rainmaker begins production in September on its 28th Barbie movie with Mattel. In addition, Rainmaker has begun preproduction on a direct-to-video feature film based on a well-established film property, the details of which will be announced in the fourth quarter of 2014. Ratchet and Clank continues to move forward with the completion still expected in the first quarter of 2015."

    Craig Graham, Chief Executive Officer, added, "Management's concerted efforts to cut costs and increase efficiencies in Rainmaker's production pipeline have yielded reduced operating losses and increased margins quarter over quarter."

    Forward-Looking Statements

    Certain information set forth in this press release contains "forward-looking statements", and "forward- looking information" under applicable securities laws. These statements relate to future events or future performance and include, but are not limited to, statements regarding our future plans and financial performance. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect", and similar expressions are often used to identify forward-looking statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific. In evaluating these statements, readers should specifically consider risks which may cause actual results to differ materially from any forward-looking statement. The forward-looking statements contained herein are based upon certain assumptions considered reasonable at the time they were prepared. Such assumptions include, but are not limited to, assumptions regarding: (i) general economic conditions, (ii) Rainmaker's future business prospects and opportunities, and (iii) Rainmaker's ability to complete any or all of its proposed production work. Should one or more of the risks or uncertainties identified herein materialize, or should the assumptions underlying the forward-looking statements prove to be incorrect, then actual results may vary materially from those described herein. In respect of Rainmakers business generally, readers should also refer to Forward-looking Statements in the Management Discussion & Analysis for year ended December 31, 2013. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, Rainmaker does not assume any obligation to update the forward-looking statements contained herein.

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    Verfasst von Marketwired
    Rainmaker Entertainment Announces Financial Results for the 2nd Quarter of 2014 - Seite 2 VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2014) - Rainmaker Entertainment Inc. (TSX VENTURE:RNK) today announced its results for the three and six months ended June 30, 2014. Rainmaker reported a loss of $587,813 ($0.03 per share) for the …