Writ Media Group Inc. (WRIT)

[BERKSHIRE AGENT]

Discovery Equity Research $2.45 PRICE TARGET!
Discovery Equity Research Updates Coverage on WRIT Media Group, Inc.

LOS ANGELES, Aug. 29, 2017 /PRNewswire/ -- WRIT Media Group, Inc. (WRIT) announced today that Discovery Research has updated its coverage on WRIT with a revised 18 month target price of $2.45 per share.

In the updated report, the analyst writes, "We are extremely happy with the progress we see at WRIT at this time. In summary, we see the following as positive developments:

The opportunity to license its technology
The ability to raise significant capital through a potential ICO if they so choose
Breaking into revenue for the first time and seeing that revenue increase quarter over quarter showing us that the business is scaling rapidly
The creation of a cutting edge, evolved digital mining platform
Making Pelecoin officially available to the public for the first time
Adding a key employee to drive technology strategy and execution
For these reasons we believe that WRIT will continue to make advancements in its business and we retain our STRONG BUY rating on WRIT common stock and have increased our price target to $2.45/share."

The full Discovery Research report is available and can be read by following the link below: https://www.otcmarkets.com/financialReportViewer?symbol=WRIT&id=178231

Discovery Research Disclosure: Discovery Research LLC has been paid for this research report and/or may own WRIT common stock or other security of the Company. Should the Company dilute its shareholders meaningfully, fail to see a validation in its Blockchain technology, fail to sign on with major financial partners to accept the currency, fail to receive required funding in the future, fail to launch CrypFXPro exchange, or fail to increase the number of wallets/users, the Company may struggle, and our price target, which depends on one or more of these events occurring, may not occur. The sponsored awareness reports should be viewed as paid advertisements. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.

About WRIT Media Group

WRIT Media Group, Inc. (WRIT) is a diversified media and software company whose operations include digital currency software development, including trading platforms and Blockchain solutions.