The Hunt for the Next 10 Bagger

[Deewar25]

AMCG - social media/online gaming additional info (FAQ from US website)

Does the Company have a growth strategy to capture a larger portion of the end-user revenue?

Answer: Yes, distribution of our games and the games of third-party developers through our new Internet portal, E-Ge-Ge as well as launching PC versions of our games will allow us to increase our end-user revenue.

So revenues booked don't compare at this point to say Quepasa, but the user base is sweet and profit is nice too (as well as cash flow from operations increasing from -27k to +572k YoY)

Other pieces of interest:

What is the Company's growth strategy?

Answer: 1) Our game strategy is to increase our brand loyalty of our registered users by introducing advanced game graphics that capitalize on new 3G networks to extend the lives of our game. 2) Our corporate development strategy has three phases (I) continue to develop mobile games (II) expand into game operation/distribution and (III) operate our own social gaming community.


When will the first 3D game be launched?

Answer: Our first 3D game, Journey to the West: Dream, will be launched in Q1 2011.


Are there any plans to develop games for iPhones?

Answer: Yes, the Company will begin developing iPhone games in 2011.

How many shares are in the float?

Answer: Approximately 40 million free trading shares (total shares issued – restricted shares held by insiders). (I assumed higher based on sheer adding the #'s on the 10K)

How does Amico market its games?

Answer: We have has entered into marketing agreements with over 40 mobile phone network media, mobile phone portals and mobile phone game media.

Will the company create games for any other platforms?

Answer: Yes, we have completed the research and development of Internet games for a PC platform and expect their launch in the first quarter of 2011.

Great info on the US website, but the font is nasty!

http://www.amicogamesus.com/