Grand Capital Ventures, Inc. Anticipates Completing the TomCat Films Acquisition by End of Third Quarter
LAS VEGAS, NV--(Marketwired - Aug 28, 2013) - Grand Capital Ventures, Inc. (PINKSHEETS: GRCV) announced today, that the Company anticipates closing its transaction with TomCat Films prior to September 30, 2013. TomCat Films recognizes revenue through the sale of Licensing and Distribution Rights of independent films. TomCat Films is expanding its presence in the market place as it participates and attends such events as the Cannes Film Festival, the Berlin International Film Festival, the American Film Markets and the FILMART, which is held in Hong Kong as an International Film and TV Festival.
A Grand Capital Ventures spokesman noted, "TomCat Films is positioning itself in an industry that has grown over 590% since 2000 according to a study by Queensland University, which is one of Australia's largest Universities. It is our belief that this agreement between the Company and TomCat Films will allow Grand Capital Ventures to aggressively move forward and create additional revenue and shareholder value for the Company."
About Grand Capital Ventures, Inc.
Grand Capital Ventures, Inc. specializes in working with companies and bringing together the resources needed for them to attain financial stability and growth. Our focus is on companies showing a positive upside while striving to bring new technologies and unique products to market.
Precautionary and Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosures or filings with OTC Markets, Inc. You are further cautioned that stocks of smaller companies like Grand Capital Ventures, Inc. are inherently volatile and risky and that no investor should buy this stock unless they can afford the loss of their entire investment.