Good Gaming Relaunch Imminent; Company Secures Slo
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http://finance.yahoo.com/news/good-gaming-rel...00346.html
CHICAGO, IL / ACCESSWIRE / February 24, 2016 / HDS International Corp. and CMG Holdings Group, Inc. (OTC PINK: HDSI & OTCQB: CMGO): Good Gaming, Inc. ("Good Gaming" or the "Company" , a majority-owned subsidiary of CMGO, announced today that its relaunch will be complete in mid- to late March of this year. With coding now mostly done, Good Gaming and its world-class publisher alliance partner have agreed to an aggressive tournament schedule that will take place throughout Spring and Summer 2016.
Nine Tournaments Targeted Near-Term
Good Gaming will launch with a "bang" its load-tested, fully-automated tournament system, its patent-pending "Mercenary System," and upgraded learning and entertainment suite, among other features. The platform will be able to easily handle online participants of up to 100,000 and provide continuous interaction with players that reduces wait times between matches. "We believe this platform makes Good Gaming the owner and operator of the fastest online tournament platform in the industry," said Don Wilson, CTO/COO, co-founder and architect of the system.
As part of the relaunch, Good Gaming is pleased to announce that it has secured nine tournament slots covering at least three separate titles for global competition (HEARTHSTONE: HEROES OF WARCRAFT; HEROES OF THE STORM; CALL OF DUTY®: BLACK OPS III). These titles each have an active user base ranging between 40-100 million worldwide, setting the stage for dramatic growth of Good Gaming as a destination site for eSports enthusiasts that play just these three games alone. The tournaments will commence in April 2016 and run through August 2016, with detailed dates to be released near the relaunch next month. "The allocation of these slots by Good Gaming's global alliance partner well in advance of the competitions is a significant show of support for our business plan and promises to generate substantial traffic on our site over the coming months," said Vik Grover, CEO of Good Gaming. "Further, in addition to locking in dates with our publisher ally, we are in the final stages of securing sponsorships from several major companies to be announced near our relaunch date."
The Mercenary System is a micro transaction-based service that is designed specifically to meet the unique and future demands of gamers worldwide. While the Mercenary system will have features on par with services such as eBay, Amazon and Craig's list, it will also provide unique and highly sought after tools for gamers to form competitive teams efficiently, acquire cross channel virtual items, and access services that currently are not available to the market. The Mercenary System will allow Good Gaming to monetize the under-serviced billion-dollar gaming labor market in an exclusive way, driving significant revenues well into the future and providing a long-term sustainable competitive advantage. "We are excited to see how the community uses The Mercenary System in inventive and creative ways to achieve their gaming goals and value their goods and services," said Wilson.
Meanwhile, Good Gaming's upgraded learning and entertainment features will include the following: written eLearning guides, video tutorials, commentary play-thru's, streams, shout casts, blogs, critiques, entertainment pieces, creative eSports centered journalism, and much more on the site.
Shareholder Update Call
Separately, Good Gaming is pleased to announce that it will host an informational investor conference call Friday, February 26, at 12:00pm CST. Participants should use dial the following numbers and use Access Code 945-397-510#:
- United States - Atlanta, GA +1.404.801.3225
- United States - Los Angeles, CA +1.213.226.1066
- United States - New York, NY +1.646.307.1990
- United States - San Francisco, CA +1.415.655.0381
Investors wishing to ask questions should e-mail them to management at corporate@good-gaming.com. A webcast replay will be available upon request at the same address and circulated after the call.
Public Vehicle to be Brought Current; Name Change and Ticker Change Planned
Finally, Good Gaming would like to notify its shareholders that it intends to bring the HDSI vehicle current in the near future and file with the SEC for a name change and ticker change, which altogether are anticipated to further define the Company as a leader in online pay-to-play cash tournaments and as the leading pure-play publicly-traded Company focused exclusively on eSports worldwide.
About HDS International Corp.
HDS International Corp. (OTC Pink: HDSI) has merged with CMG Holdings Group's majority-owned subsidiary Good Gaming, Inc. ("Good Gaming" - www.good-gaming.com). Good Gaming is a leading cash tournament gaming platform targeting the over 205 million eSports players and participants worldwide that want to compete at the high school or college level. Good Gaming recently confirmed its partnership with one of the world's leading games publishers and is launching a series of tournaments in 2016.