...Victory Square Technologies Accomplished 62% ROI Prior to Box Office Revenues After Recouping Its Initial Investment for ‘What They Had’, Writer-Director Elizabeth Chomko’s Big-Screen Directorial Debut Starring Two Times Academy Award Winner Hilary Swank, Set to Be Released in Theatres on October 19
VANCOUVER, British Columbia, Oct. 17, 2018 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. ("Victory Square" or the "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6) today announced that it accomplished over 62% ROI prior to box office revenues after recouping its initial investment for its film ‘What They Had,’ set to be released in theatres on October 19.
Produced by Victory Square Technologies and Unified Film Fund II, the film is based on the Nicholl Fellowship winning script by writer-director Elizabeth Chomko, and stars two times Academy Award and two times Golden Globe Award winner Hilary Swank, two times Primetime Emmy Award winner Blythe Danner, Academy Award nominee Robert Forster, and two times Academy Award nominee Michael Shannon.
“We are incredibly pleased with the outcome of this project. ‘What They Had’ was a great experience that brought together remarkable talent. Our team is thrilled to see their work come to life and get critical recognition,” says Shafin Diamond Tejani, CEO of Victory Square Technologies. “Victory Square Technologies projects continue to show exceptional receptions, perform beyond expectations, and attract A-list talent. This continues to show our shareholders that the model behind the films is viable and profitable given the reach VST has with content.”
Set to be released in Canada and the United States on Oct 19 by Bleecker Street, the film had its world premiere at the Sundance Film Festival earlier this year and was the 2018 Official Selection of both the Sundance Film Festival and the Toronto Film Festival.
"What They Had" centres on a family in crisis. Bridget (Hilary Swank) returns home to Chicago at her brother’s (Michael Shannon) urging to deal with her mother’s (Blythe Danner) Alzheimer’s and her father’s (Robert Forster) reluctance to let go of their life together.
Chomko, a highly-touted actress and playwright, went through something similar with her own grandparents, to whom the film is dedicated.
“What They Had” is a Bleecker Street presentation of a United Pictures in association with Look to the Sky Films and Victory Square Technologies.
For further information about the Company, please contact:
Investor Relations Contact - Prit Singh
Media Relations Contact - Howard Blank, Director
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Square Technologies (VST) is an accelerator with 20+ portfolio companies focused on emerging technologies such as: Blockchain, Machine Learning, Artificial Intelligence and VR/AR.
We have a proven process for identifying and investing in extraordinary start-ups who are working on innovative and disruptive projects in every sector of the global economy, including Finance, Health, Real Estate, Insurance, Entertainment and Education. We use our experience, expertise and resources to help grow and scale these portfolio companies, which results in explosive returns for VST and its shareholders. For more information, please visit www.victorysquare.com.
ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
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This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to the completion of the acquisition of an interest in Limitless Blockchain and the timing, cost and terms thereof, the impact of the acquisition on the Company, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.