WRIT announces new revenue projections from Microsoft deal

 

Good morning all,
 
Our latest alert, WRIT, pull back yesterday after a massive 166%+ gain the previous day.
 
If you read my email yesterday you would know that I was expecting the possibility of such a pullback, and that dips might be a good buying opportunity.
 
Well, today those dip buyers may just be rewarded. 
 
WRIT has released some important news this morning.
 
In the PR, they have outline corporate initiatives and announced projected revenues over the next 12 months.
 
Here is an extract from WRIT’s news release:
  • Management revenue forecasts
    include $1.25 million in revenues during the first twelve months     following the close of the Amiga Games purchase. The revenues are
    comprised of advances from gaming distributors, retail sales, and
    developer fees.
  • Writers’ Group, Amiga Games, and Front Row Networks are currently
    creating an enhanced online presence via inter-connected websites,
    Facebook, Twitter, and other social networking services which will allow
    for more efficient updates to the investing community.
  • Recent developments and impending corporate action will ensure
    Amiga Games has laid the ground work to propel its licensed gaming
    catalogue into the all-important 2013 holiday retail season.
  • In the age of constant Internet consumption, the geeky film
    audience and video-gamer demographic known as the "fanboy" is enjoying
    an unprecedented influence over the type of films and entertainment that
    is being produced and released by Hollywood. Front Row Networks will
    develop concert and music based content that can be marketed in an
    organic and synergistic fashion to the Amiga Games’ consumer and
    "fanboy" to take advantage of this phenomenon.

You can read the full press release at http://finance.yahoo.com/news/writers-group-film-corp-closes-110000390.html

These are some exciting developments for WRIT and its shareholders. News that could see WRIT bounce today after yesterday’s pullback.

 
If WRIT can gain some traction today we think the coming days, maybe weeks, could bode well for traders and investors.
 
However we will caution our members to tread carefully if WRIT cannot gain momentum back and move higher from these levels around $0.0004 – $0.0005.
 
All the best in the markets today.
 
PSG
 
 
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This morning, WRIT announced some massive news that they have entered into a marketing and distribution agreement with none other than the giant bluechip company Microsoft (MSFT).
 
This agreement allows for WRIT‘s products to be marketed by Microsoft across a variety of platforms including in store, social media, Microsoft websites and through Microsoft’s smartphone and tablet stores.

Amiga Games Inc., a Newly Acquired Company of Writers Group Film
Corp., Announces Classic Game Co-Marketing and Distribution Agreement
With Microsoft Corporation

LOS ANGELES, CA–(Marketwired – Aug 19, 2013) – WRITERS GROUP FILM CORP. (OTCQB: WRIT)
— Amiga Games Inc. (AGI), a videogame publisher of classic games for a
wide range of smartphones and mobile devices, announced today a
co-marketing and distribution agreement with Microsoft Corporation (NASDAQ: MSFT).
The agreement will bring between fifty and five hundred classic game
titles to Windows 8 and Windows Phone 8 through the Windows Store and
Windows Phone Store. Microsoft will co-market the release of the gaming
titles via Windows.com and Windows Store promotions, Windows social
marketing, and Surface Store Picks.

Amiga Games will create special versions of their titles to
take advantage of Windows 8 and Windows Phone 8’s unique features,
including live tiles, cross-platform game data sharing, and Snap and
Share. In addition, AGI’s releases will support Microsoft’s upcoming
Windows 8.1. Amiga Games plans to deliver the first 50 Windows titles to
Microsoft by December of 2013, coinciding with the 2013 Holiday season.

"Microsoft has put a spotlight on mobile gaming and we are
very pleased they chose Amiga Games to be a part of their mobile gaming
experience," said Eric Mitchell, CEO of Writers Group Film Corp.
"Windows 8 and Windows Phone are great platforms for AGI to showcase our
best titles."

"We’re thrilled that Amiga Games is bringing beloved classic
game titles to Windows 8 and Windows Phone 8 starting this holiday
season," said John Richards, senior director of Windows App Marketing
for Microsoft Corp. "Amiga’s commitment to take advantage of unique
features such as live tiles, Snap and Share will create a fantastic
experience for game lovers on both platforms."

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.Vii

 
This news could be just the catalyst to propel WRIT higher from its tight trading range. 
 
Trading at just $0.0003, near all time lows, we love the risk/reward profile on this one and think it could bring members from nice gains in the coming days and weeks.
 
All the best in the markets today.
 
PSG
 
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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 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
have found.

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
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 <<

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.
 
And this announcement for the release of its products on Android devices. 

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.

>> 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.

 
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
 
 

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