WRIT – Closing the Doors and bunkering down, and still trying to hide the latest quarterly report by not posting it here.
"WRIT Media’s leadership has a century of combined industry experience."
Doesn't show.
"This management team’s tested expertise has helped WRIT Media to achieve major milestones in 2014."
Massive debt and no products.
"A $10 million equity line of financing and the acquisition of Amiga Games are the first of many achievements to come."
So they haven't managed it. They just say they want to borrow another $10m and squander it. I'm sure there's a queue a mile long of investors.
"WRIT Media’s visionary management team has also been employing aggressive growth approaches on other fronts, including a software license agreement with long-standing industry player Tommo, Inc."
You mean WRIT discovered that Tommo Inc hold the license to distribute games that they thought they could distribute for free?
"As the rest of the year unfolds, WRIT Media intends to launch the Amiga Games and Retro Infinity brands in time for the holiday season."
Note the key word "Intends". Not "will", but "intends".
"The company also means to take full advantage of the opportunities created by its recent sponsorship deal with NASCAR via Rick Ware Racing."
Spending lots of money for almost zero visibility?
"WRIT Media also has a deal with Microsoft in the works. As part of the deal, Retro Infinity/Amiga Games will initially deliver fifty games to Windows 8 and Windows Phone 8—and potentially up to 500 classic game titles."
This is an old deal and one on which they failed to deliver.
So, business as usual. Why doesn't the Quarterly Report have a direct link yet? You can't hide it forever:
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