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tZERO Announces American Films Common Stock Will Begin Trading on the tZERO ATS Following Its Reverse Stock Split & Digitization of Shares

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced that trading of the American Films, Inc. (AMFL) common stock is projected to commence on tZERO’s regulated alternative trading system in Q4 2021, following American Films’ planned reverse stock split and the digitization of its shares. American Films is an intellectual property anti-piracy innovator and developer of films and other creative projects. It plans to digitize shares of the company using tZERO’s smart contract technology.

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tZERO’s wholly owned, FINRA member broker-dealer subsidiary, tZERO ATS, operates an organized and automated marketplace for trading private digital securities. American Films is the first over-the-counter traded company to move to trade on the tZERO ATS.

tZERO Interim CEO and Chief Legal Officer Alan Konevsky stated, “The delay in trading is a carefully considered decision as American Films embarks on its broad-based asset digitization strategy. We look forward to digitizing American Films common stock once it completes its corporate actions, and trading it, which we anticipate will commence on the tZERO ATS in Q4 2021.”

American Films owns, develops, and acquires intellectual property, which it seeks to monetize through proprietary technology, enforcement of rights, and asset digitization. Its processes and technology include FACTERRA, a web-based evidence gathering program that identifies instances of copyright infringement, allowing American Films to pursue intellectual property protection on behalf of copyright owners.

American Films CEO and President John Carty shared, “We are excited to share more details about our planned stock split, as well as our digitization roadmap. We believe the company is better positioned for growth and significant shareholder value creation by delaying the trading of American Films’ common stock on the tZERO ATS.”

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Customers of tZERO’s retail broker-dealer subsidiary, tZERO Markets, will be able to trade American Films common stock on the tZERO ATS. Investors who do not yet have an account at tZERO Markets should for details on how to open a brokerage account so they are able to trade American Films common stock once it starts trading in Q4 2021.

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Important Risk Information

Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.

No Offer, Solicitation, Investment Advice or Recommendations

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

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