I just received this stock alert from Penny Stock
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I just received this stock alert from Penny Stock General.
Writer's Group Film Corp (WRIT) Good morning all, I trust you all had a chance to read up about Writer's Group Film Corp (WRIT). If not, please keep reading. There are many reasons to seriously look at taking a position in WRIT, but here are a few highlights:
You can read about WRIT in more detail below, but did you see the news they released today? Writers Group Film Corp (WRIT) and its Wholly Owned Subsidiary, Amiga Games, Announces Distribution Through the Google Play Android Marketplace LOS ANGELES, CA--(Marketwired - Jul 22, 2013) - Writers' Group Film Corp. (OTCQB: WRIT) and its wholly-owned subsidiary Amiga Games, Inc. (AGI), a videogame publisher of classic games for a wide range of smartphones and mobile devices, announced today that Google has approved AGI to publish its gaming titles through the Google Play Android marketplace. AGI plans to release its titles to Google Play for the 2013 winter holiday season. "Android devices make up nearly 75% of the mobile market, and Google Play is the king of Android app stores with over 50 billion downloads," said Eric Mitchell, CEO of Writers' Group Film Corp. "Android is the fastest growing platform on the planet and we're excited to be in Google's marketplace. These developments will further strengthen our competitive advantage in the gaming marketplace. AGI's classic titles focus on delivering a quality gaming experience for the consumer, so I am very optimistic about our new distribution arrangements." Over 150 million Android devices were sold in the first quarter of 2013 alone; nearly 20 every second. Google Play is available in over 130 countries, with games accounting for 66% of revenue. On July 8, 2013 Amiga Games Inc. announced that it had entered into an agreement to be acquired by Writers' Group Film Corp. (OTCQB: WRIT), a Los Angeles-based content distribution company. Make sure you are watching WRIT closely today, and all week, as we think it is priced very well here for a long term run higher. I'll keep you updated on any further developments. PSG >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Members, I need your attention now. Stick with me on this one as it could be the most important email you will read this year. I have been diligently working on a new, longer term pick for the past couple of weeks, and now its time. I strongly believe this company has many great things going for it, and as an investment, I truly believe this could be a ten bagger in the coming months. This is not your typical one day wonder. The company I am about to announce to you is a longer term play for those serious about growing their portfolio. As with any investment, time frames are difficult to predict, but based on the it's current price, capital structure, the company's current projects and longer term plans, I believe this could be our biggest winner of 2013. Unlike some other more volatile picks we've had recently, this is one is likely to be a trade you can make without having to watch your broker account every five minutes. Yes there will still be some significant movements in the share price. But given it is trading near all time lows, I feel the rewards far outweigh the risk. What we have uncovered about this company is pretty amazing, and we are alerting you to it at a rock bottom price. So without further delay, its time to take a look at Writer's Group Film Corp (WRIT) . WRIT is currently priced at just $0.0007. But don't let it's "triple zero" price fool you. It has a current market value of just $1.57 million, making it very attractive from a valuation standpoint compared to some of its peers, and it has a very low float of just $182k ( per OTCMarkets.com ). Why am I so bullish on WRIT? I have spent the last couple of weeks reading through the Company's SEC filings, studying recent press releases, and speaking with Company management about its current and future projects, and below is what I have found. Writer's Group Film Corp (WRIT) is fully reporting, SEC filing Delaware incorporated company with its head office in Beverly Hills, California. WRIT trades on the reputable OTCQB exchange. Through its wholly-owned subsidiary, Front Row Networks Inc , WRIT has primarily been engaged in content creation to produce or acquire 2D and 3D concert films and distribute them via its theatrical and television distribution network, effectively extending an artist's concert tour or live event by inexpensively providing the event as a theatrical film to an artist's fan base. The Company has licensed an existing catalogue of over 1,500 hours of filmed 2D and 3D footage from over 108 live concerts. Packaging this existing catalogue with new 3D films, the Company has and intends to further its identity as the premier brand in 3D theatrical live event films. Typically, the cost of buying existing titles and producing new films will put a strain on a Company's cash flows, but WRIT's business model is to raise capital for each project's production, which includes generating pre-sales, and to co-finance its marketing with distribution partners. Such a model reduces the need for WRIT to maintain substantial (and unproductive) cash on hand to fund future projects. In addition to production and distribution of 3D theatrical films, WRIT also licenses the rights for distribution to connected devices, DVD and Blu-Ray, free TV broadcasters, cable and mobile streaming providers, giving the Company a further perpetual revenue stream. >> Diversified Strategic Focus & Revenue Growth In order to grow and diversify its revenue base, WRIT has recently announced a series of exciting strategic initiatives aimed at growing revenues by leveraging its distribution platforms in cinema, mobile and online streaming. Some of these new acquisitions and content under consideration as part of their strategy includes: · New products, including completed 3D animated family and educational content, aimed at family audiences and delivered through the company's cinema distribution channel as well as mobile. · The acquisition of existing business and revenue streams, including mobile app and video game businesses, where these products can be distributed through WRIT's mobile distribution platform. · License & acquisition of existing content libraries with current revenue streams. Such content would be packaged with the company's existing projects and sold under a subscription model. >> Read more about WRIT's strategic revenue generating initiatives << >> Acquisition of Amiga Games Just this month, WRIT announced that it has signed a binding definitive term sheet for the acquisition of Amiga Games Inc, a company which licenses classic video game libraries and re-publishes the most popular titles for smart phones, tablets, game consoles and PC's. >> Amiga Games resurrects some of the most popular classic Amiga games for today's platforms << Just last week, WRIT's new subsidiary Amiga Games announced distribution for its library of titles through the very popular Barnes and Noble's Nook platform. This follows the company's announcement that they will be distributing Amiga titles through BlackBerry World for the Blackberry Q10 and Z10 smart phones and PlayBook tablet. Although its possibly too early to say definitely, one might speculate that WRIT also has its focus on releasing popular game titles for the IOS (iPhone / iPad) and Android devices in the near future. If such a move is made, this would significantly open up the market (and demand) Amiga Games' library of games, and would likely add significant revenues to the Company. >> Management Team Perhaps one of WRIT's biggest assets is its highly experienced management team. Eric Mitchell (CEO) has over 20 years of financial, business development and strategic planning experience in the motion picture industry. Eric helped Sony Pictures' Tri-Star division acquire theatrical distribution rights to blockbusters such as Cliffhanger, Sniper, Threesome and Weekend at Bernie's 2. He also assisted Tri-Star acquire multi-picture distribution rights with Carolco Pictures, a deal which generated $250 million profit for the studio and led to Blockbuster hits such as LA Story, Universal Soldier, The Doors, Total Recall, Basic Instinct and Terminator 2. Andy Morahan is WRIT's Director and Chief Creative Officer. Andy has an impressive resume that includes working with, producing and directing videos for some of the biggest names in music history such as Guns 'n Roses, Aerosmith, Michael Jackson, Van Halen, Bon Jovi, Elton John, Paul McCartney, Billy Joel and George Michael. As a testament to his skill and dedication, Morahan won many MTV awards including Best Director for "Father Figure" and Best Video for "November Rain". >> Read more about WRIT's All Star Management Team << Most companies could only ever dream of having this kind of talent and experience in their management team. WRIT has an abundance of it. >> Recent News WRIT has been releasing some very good news recently that should give current and prospective shareholders much confidence in the direction of the Company. I encourage you to follow the links below to read more about some of the important announcements made by the Company.
And after discussions with the CEO, we are expecting some more very big announcements to come over the next couple of weeks. If you have read the information I have presented above, I am sure you will agree that the time is now to seriously look at WRIT. The company operates in a flourishing industry, has a strong business model, a stable balance sheet and an exceptional management team that have the ability to substantially grow the Company and deliver superior shareholder returns. Best of all, the price you pay for WRIT today is near all time lows. I urge everyone to continue their due diligence on WRIT, visit their website at www.frnetworks.com , read their press releases (links included above) and start following the ticker WRIT today. The Team PennyStockGeneral.com Click Below to Join Our Social Media Networks |
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