Posted On: 07/24/2014 10:10:10 AM
Post# of 83
Crackers -why is the sky falling now? do people realize the 10q reports the situation as of may 31 mostly under the old company BEFORE the new company had the opportunity to release its games -which as per recent PR's have now been released -I thought what i reported was good news- now otc reporting so progress can be followed more easily etc
Online and Mobile Games
Currently, we operate half of our games as live services that allow GO-Gamers to initially download the game and play a ba
sic version of the game for free. Within these games, GO-Gamers can purchase virtual currency to obtain virtual goods to
enhance their game-playing experience. Primarily, GO-Gamers pay for our virtual currency –GO Bucks –using payment methods such as credit cards or PayPa
l. The other half of our games are available for download for approximately $1. Revenue from payments for initial download is
recognized as though the game is a durable good (discussed below).
Online and Mobile Games
Currently, we operate half of our games as live services that allow GO-Gamers to initially download the game and play a ba
sic version of the game for free. Within these games, GO-Gamers can purchase virtual currency to obtain virtual goods to
enhance their game-playing experience. Primarily, GO-Gamers pay for our virtual currency –GO Bucks –using payment methods such as credit cards or PayPa
l. The other half of our games are available for download for approximately $1. Revenue from payments for initial download is
recognized as though the game is a durable good (discussed below).
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