Here we go again, time to untangle the facts from the fiction:
"Writers' Group Film Corp. (OTCQB: WRIT) is pleased to announce the closing of their Share Exchange Agreement (the "Agreement") with Amiga Games Inc. ("AGI"), a company that licenses classic video game libraries and republishes the most popular titles for smartphones, modern game consoles, PCs, and tablets. AGI leverages the intellectual property of Amiga Inc., and builds on the "Amiga" brand and technology to create new revenue from publisher's dormant game libraries."
So one company with next to worthless shares exchanges these shares for some equally worthless shares. Two companies that fail to deliver any products or revenue try to make it appear as if a large quantity of shares have changed hands due to potential revenue.
"The agreement is for Writers' Group to receive 100% ownership of the common shares in Amiga Games Inc., in exchange for 500,000,000 shares of common stock of Writers' Group Film Corp. with a six month restriction period. "
Anyone want to guess what these shares will be worth in 6 months or even if the companies will still be trading?
"Patrick Roberts will continue in his role as President and Chief Operating Officer of AGI, and assist with the company's strategic expansion."
Oh good, the same old faces that have achieved nothing will continue to do so.
"Patrick has over 30 years of experience developing software for the entertainment industry... blah, blah, blah..."
Except it doesn't show and the shares have plunged and there are no products.
It is just one last attempt at hype. Where are the long overdue products? What was the real reason for the NASCAR fund transfer?
