[b]WRIT >>>MONSTA MICRO BOUNCE ALERT/Issues Shareholder Letter[/b]
Writers' Group Film Corp. Issues Shareholder Letter Outlining Progress with 2013 Initiatives
LOS ANGELES, March 15, 2013 /PRNewswire/ -- Writers' Group Film Corp. (WRIT), and Front Row Networks, a Los Angeles based live concert production and distribution company, issued today the following letter to its shareholders:
March 15, 2013
Dear Shareholder,
As the end of the first quarter of 2013 approaches, I would like to update you on the progress that we have made during the last several months and to outline the goals we have set for the Company. As you may be aware from our press releases, we have continued to secure distribution agreements for our content across the globe and believe that these agreements will provide the necessary platform required to monetize future projects. Additionally, we have announced new senior leadership and a new advisory team that is focused on driving the business forward.
We believe 2013 is going to be a pivotal year for the company, a year where we develop growth and deliver shareholder value for our constituents. We do know that we are playing in a market that is challenging, and we have made significant changes to our execution and our performance in order to address those challenges. We now have a clear strategy in a path toward accelerating revenue growth, which will accelerate our earnings growth.
We have concentrated management's efforts on securing certain concert projects that have both a broad and youthful fan base, and that have readily received the marketing and logistical support of our theatrical distribution partners. Over the next several weeks, we look forward to sharing these projects with our shareholders via announcements that will outline the projects, the artists, and their unique distribution strategies.
I am encouraged by the many expressions of support from our shareholders, and I will continue to work hard to address the thoughtful comments that we receive from you on a daily basis. It is our job to increase the intrinsic business value of the Company through new production and distribution properties, and we feel that stage is now upon us. Thank you for your continued support.
Sincerely,
Eric Mitchell
Chairman & CEO
Front Row Networks is a live concert production and distribution company which produces live concerts in 3D for initial digital broadcast into movie theaters in the United States, Western Europe, South America and Asia. Following a US theatrical run, the 3D concerts are then licensed to TV broadcasters and DVD retailers.
Cautionary Note Regarding Forward-Looking Statements
Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements and as such, speak only as of the date made. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in the Company's latest 10-Q filed February 14, 2013.
Investor Relations Contact for Writers' Group Film Corp.:
Equiti-trend Advisors, LLC
+1 (800) 953-3350
Mr. Gregg Stachacz
+1 (904) 282-3093
Websites: www.FRNetworks.com
WRIT MONSTA MICRO BOUNCE ALERT/Issues Shareholder Letter
Top 10 Most Recent News Articles
Beyoncé Drops Remastered 'B'DAY'; Celebrates Legacy
Every so often, an artist comes around who's not just making music but shifting the very landscape of their genre. Beyoncé isn't just marking her birthday today; she's reminding the world of a career-defining moment with the release of her remastered deluxe version of 'B'DAY'. This isn't just a stroll down memory lane; it's a full-blown revival of an era that reshaped...
Continue Reading
CRESYN Opens Model Residence: A Peek at City Living
CRESYN: Urban Elegance Hits Long Island City Who doesn't want to peek under the hood when a flashy new ride rolls into town? CRESYN's newly unveiled model residence in Long Island City is just that—an invitation to get up close and personal with what modern urban living can be. Forget the blueprints and glossy renderings. This place is the real deal, giving you that...
Continue Reading
CreditRefresh's AI Tackles 1,000+ Disputes Launch Month
AI-Powered Revolution in Credit Disputes Alright, here we are staring down the latest twist in the credit game. CreditRefresh, an AI-driven platform out of Dover, Delaware, has managed to kickstart its journey by challenging over 1,000 credit report errors in just its first month on the market. That's quite a sprint straight from the gate, don't you think? But hey, this...
Continue Reading
Wise Group Investors Alert Ahead of Key Legal Deadline
Sizing Up the Legal Stakes for Wise Group Alright, here's a doozy that's bound to get your attention if you've got a stake in Wise Group plc (NASDAQ: WSE). We're talking about a looming securities class action, with the deadline to get involved barreling down like a runaway freight train. Before September 29, 2026, to be exact—mark it, circle it, do whatever you have to...
Continue Reading
PerfectVape Unveils Online Deals Amid Vape Craze
PerfectVape's Digital Bargain Bonanza Alright, so you think you've seen savings? Well, PerfectVape's throwing a real bone to those hunting for vape deals online. They're slapping 10% off on select disposable vapes—no strings, just a promo code, PV10, you punch in at checkout. We've got ourselves an internet-era sale without needing to elbow through crowds. Browsing Made...
Continue Reading
Primero Gains Global Edge with Win Systems Buy
Here's the move: Primero Games, the U.S.-based gaming maestro, just grabbed a hefty piece of the puzzle with their acquisition of Win Systems' Gaming Division. Not two companies merging into obscurity, but a strategic maneuver aiming to scatter new seeds in Latin America and the Caribbean with over 3,000 gaming positions primed and ready. What's in the Pot? You've got...
Continue Reading
What to Expect from KeyCorp at Barclays Event
KeyCorp's Next Move: An Insider's View Yep, circle that calendar, folks. Looks like KeyCorp's gonna be laying it all out there for the financial world to see. Clark Khayat, their numero uno money guy, is hitting the stage at the Barclays Global Financial Services Conference on Sept. 14. So grab the popcorn—or, more like, your portfolio tracker—because this could get...
Continue Reading
Lyntris Advances KSAT Hyperion Satellite Program Milestone
Lyntris and KSAT: A Technological Feat in Space Connectivity Well, if it ain't Lyntris back in the headlines again, pushing the envelope on space connectivity. If you're keeping tabs on the space tech space, there's a cracker of a development brewing. Lyntris Inc. (NYSE: LYNX) just checked off a crucial box in their playbook—the Critical Design Review, or CDR for those...
Continue Reading
PROCEPT Faces Legal Storm Over Sales Practices Missteps
Investors Take Aim: A Legal Showdown on the Horizon There's a brewing storm over at PROCEPT BioRobotics—ticker NASDAQ:PRCT if you're tracking. These folks are knee-deep in a securities class action lawsuit from investors who’ve taken a financial wallop. The lawsuits are triggered by allegations of shady sales techniques that artificially bumped up their unit sales...
Continue Reading
Missouri American Water's $34.5M Neosho Acquisition Outline
Missouri American Water Expands in Neosho, Missouri Well, buckle up because Missouri American Water just sealed the deal to take over Neosho's water and wastewater systems. This acquisition cost them a cool $34.5 million and is bringing 5,400 water and another 5,400 wastewater customers into the fold. Plus, they're welcoming onboard 25 local workers who've been in the...
Continue ReadingTop 5 Most Recently Viewed Articles
Transformative Trends in eCommerce: The Future of Marketing
Understanding the Future of eCommerce Marketing As we approach a pivotal moment in the eCommerce realm, it's essential to recognize the trends that are not only shaping the industry today but are also setting the stage for 2025. The digital marketplace is evolving rapidly, and organizations must adapt to thrive. Based on insights shared by leading experts, including CEO...
Continue Reading
Jeffersonville Bancorp's Leadership Changes: A New Chapter Ahead
Jeffersonville Bancorp Announces Director Resignation Jeffersonville Bancorp, Inc. (OTCQB - JFBC) has made a significant announcement regarding its leadership structure. Director Philip Coombe, III has officially resigned from his position on the board, effective immediately. This decision marks the end of a notable chapter in the company’s history. Philip Coombe's...
Continue ReadingTaiwan Semiconductor's Future in US Amid China's Concerns
Taiwan Semiconductor Manufacturing's Role in Global Chip Market Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) plays a pivotal role in the global semiconductor landscape. Amid global competition, particularly from the United States, the company faces scrutiny from various quarters, including China, which perceives Taiwan's ties with the U.S. as a potential...
Continue Reading
SDIRA Wealth Joins Forces with the Tim Tebow Foundation
SDIRA Wealth Partners with Tim Tebow Foundation for a Meaningful Impact SDIRA Wealth is excited to share its new partnership with the Tim Tebow Foundation, combining their real estate expertise with a significant charitable mission. This collaboration not only opens up investment opportunities but also aims to create a positive social impact in the community. A Proven...
Continue Reading
Navigating the Markets: Key Insights for 2025 and Beyond
Revisiting Market Trends for 2025 As investors step into the new year, it’s crucial to understand the evolving dynamics of the stock market. Key indicators are hinting at both potential opportunities and risks. With 2025 underway, we’ll explore the trends that could significantly impact your investment decisions. Monitoring Market Sentiments Current market sentiment...
Continue Reading