American Films Inc., (OTCMKTS: AMFL) owns, develops, and acquires the intellectual property. Then, it looks to monetize them at higher rates via proprietary technology, litigation, and asset digitization. One of its extraordinary processes and technology is FACTERRA, a web-based evidence-gathering program that identifies instances of copyright infringement. It lets the company pursue intellectual property protection litigation on behalf of copyright owners. Thus, it supports the creative process, while protecting intellectual property in the film and music industry.

Market Stats

On Friday, AMFL stock moved down 2.80% to $1.05 with more than 1.4K shares, compared to its average volume of 10K shares. The stock moved within a range of $1.0500 – 1.1900 after opening trading at $1.08.

American Films Announces Updates to its Board of Directors

American Films, Inc. has made several changes to its board of directors, as announced on July 29, 2022. Craig Campbell, who has served as a director since 2020, was elected as chairman of the board, while John Carty has stepped down from the board, effective July 27, 2022.

Geoff Lee, President and Chief Executive Officer, American Films, warmly thanks John for his valuable contribution and long-time support to the company. He wishes John all the very best for his future journey. On the other hand, he has welcomed Craig Campbell as the chairman, who brings a vast wealth of knowledge to the table that will support the company as they continue to execute their global strategy around IP protection and monetization.

American Films CEO Geoff Lee Appointed to Vital4 Advisory Board

On April 11, 2022, American Films announced that Geoff Lee, President, and Chief Executive Officer had been appointed to the Vital4 Advisory Board. This company is a leader in providing global corporate risk and compliance technology solutions to protect against financial crimes, terrorism, bribery, and corruption.

Geoff Lee stresses the importance of this move, stating that as they continue the expansion of their global footprint in the fight against copyright infringement and piracy, it is vital to collaborate with established partners. He is delighted to join the advisory board at Vital4 and support its team of experts.

Kristin Stafford, along with her co-founder Amy Barbieri has known Geoff Lee for many years, as they have been associated with the global data and background screening industry for decades. That is why it was the right decision to bring Geoff on board as an advisor at Vital4. He has more than 30 years of experience in domestic and international data security and compliance expertise. His deep knowledge of public records data is a remarkable asset to the business, and they are elated to have him in an advisory capacity at Vital4.

Traders Corner

AMFL stock is trading below the 20-Day and 50-Day Moving averages of $1.08 and $1.11. Moreover, the stock is trading below the 200-Day moving average of $1.48.