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
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
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 eventually be one of our biggest "buy and hold" winners 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.
So without further delay, its time to take a look at Writer’s Film Group Corp (WRIT).
But don’t let WRIT’s
"triple zero" price fool you.
It has a current market value of just around $800k, making
it very attractive from a valuation standpoint compared to some of its peers,
and it has a very low float of under $150k (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
Writer’s Film Group 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
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
Some of these new acquisitions and content under
consideration as part of their strategy includes:
Â· 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.
Â· 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.
Â· 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.
more about WRIT’s strategic revenue generating initiatives <<
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.
Games resurrects some of the most popular classic Amiga games for today’s platforms <<
WRIT’s new subsidiary Amiga Games just 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) 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.
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
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
>> 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.
Games Inc., a Newly Acquired Company of Writers Group Film Corp.,
Announces Worldwide Distribution for Kindle Devices Through Amazon.com
Games Inc., a Newly Acquired Company of Writers Group Film Corp,
Announces International Distribution via Samsung Apps Store
Group Film Corp. and Its Wholly-Owned Subsidiary, Amiga Games, Inc.,
Announces Distribution Through the Google Play Android Marketplace
Games, Inc., a Newly Acquired Company of Writers’ Group Film Corp.,
Announces Distribution Through Barnes & Noble’s Nook Apps
Games Inc., a Newly Acquired Company of Writers’ Group Film Corp.,
Announces Distribution Through Korea’s SK Telecom’s SK Planet T Store
Games Inc., a Newly Acquired Company of Writers Group Film Corp, Announces
Classic Game Releases Through BlackBerry World for BlackBerry Z10, Q10 and
Group Film Corp. Announces Execution of Definitive Term Sheet for New
Acquisition of Amiga Games Inc.
Entertainment Group & Manifest Announce DJ AM Documentary at EDMbiz
Conference 2013 – Front Row Networks, Inc. to Finance & Distribute
Group Film Corp. Announces Projected Revenues For Acquired Family Product
Group Film Corp. Acquires All English-Language Rights to Family Title
"BRAZIL IN 3D"
Group Film Corp. Unveils New Strategic Initiatives Aimed at Revenue Growth
and Leveraging Distribution Platforms
Group Film Corp. Issues Shareholder Letter Outlining Progress with 2013
and Digital Entertainment Veteran Dick Wingate Joins Writers’ Group