StockGuru News: Leonidas Films, Inc. Announces Completion of Valuation of Film Rights
Leonidas Films, Inc. Announces Completion of Valuation of Film Rights Leonidas Films, Inc. (OTC: LFMI) WOODLAND HILLS, Calif.–(BUSINESS WIRE)–June 20, 2006–Leonidas Films, Inc. (”the Company”) (Pink Sheets:LFMI - News) announced today that it has undergone a valuation of future film rights by EDR Valuations, Inc., a premier Southern California valuation firm, regarding the projection of future cash flows resulting from the release of the motion picture “Pleasure Drivers” and other projects the Company has in progress. The EDR analysis has valued the Company at approximately $3.4 million to $8.9 million based on various future cash flow projections and risk factors.…