Valiant Eagle Inc (OTCMKTS:PSRU) Stock Falls: Company Appoints Iconic Film Director, Writer and Producer Damian Lee As Production President
Valiant Eagle Inc (OTCMKTS:PSRU) on September 12, 2022, announced appointing industry titan, Damian Lee, as Production President. This was in addition to being appointed as the President of its subsidiary, Providence Film Group.
Market Stats
On Monday, PSRU stock fell 16.67% to $0.0010 with 110.26 million shares, compared to its average volume of 41.57 million shares. The stock moved within a range of $0.0009 – 0.0012 after opening trading at $0.0011.
Lee is an industry expert based in Toronto and Los Angeles with over thirty years of experience in Hollywood. He has developed deep relationships with diverse A-list talent across the spectrum including directors, writers, actors, and producers. Furthermore, he has played a vital role in a number of television and film projects globally. Also, he cast several stars in a role helping in launching their careers such as Kim Coates, Jim Carrey, Nina Dobrev, Jason Priestley as well as Emmanuelle Chriqui.
Lee also worked with legends in show business like Charles Bronson (DEATH WISH), James Caan (THE GODFATHER), and Roy Scheider (JAWS). He will be harnessing key production partnerships with acclaimed individuals like
Producer/Editor William Steinkamp. Steinkamp and Lee are currently finishing PRAY FOR ME.
Some notable projects include Fighting Man, Hearts of War, A Dark Truth, Breakout, and the perennial teen favorite SKI SCHOOL.
Providence and Valiant Eagle CEO, Xavier Mitchell said that Lee is an incredible addition to the team and the firm is keenly anticipating continued success with him onboard. Mitchell added that the relationships catapult the firm into the mainstream of Hollywood power players.
Key Quote
Providence and Valiant Eagle CEO, Xavier Mitchell, says, Lee is an excellent addition to our team and we are keenly anticipating continued success with him onboard. His relationships alone catapult us into the mainstream of Hollywood power players. Well be a bonafide niche production company with his appointment.
Traders Corner
PSRU stock is trading above the 20-Day and 50-Day Moving averages of $0.0010 and $0.0009. However, the stock is trading below the 200-Day moving average of $0.0014.