Use of funds

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The additional capital will allow the company:

  1. To strengthen its global presence and distribution channels by increasing Flix Snip distribution in 4 continents

  2. Increase its marketing and promotion for the service by creating awareness of the brand and of the service

  3. Launch a B2C (direct to consumer) Android/IOS app in selected markets (in an advertising (AVOD) business model

  4. Co-invest in existing pre-produced or in-production mini-movies giving Flix Snip the competitive advantage of exclusive and original production

  5. Invest in digital developments to keep up with the rhythms imposed by the market, and the need for localisation of services (ads, delivery, technical adaptations)