Yesterday this traded 1.03m shares & had a monster move on a down day. Today's volume is equally as strong. The key near-term catalyst date for this stock is Feb 22nd. RO2 release starts on 2/22/12. GRVY (Gravity) has not traded over 1m shares since 2009. The most it has traded in the last few yrs was on Feb 6th where it traded 689,300 shares. The O/S is about 28m & the float is only 11m.
This was the Nov 2011 data discussing Ragnarok II coming in early 2011. http://bit.ly/rFGRpp
E-mail BELOW shared COURTESY OF GLOBETRADE (IHUB Member)
GRVY: Too release games on FaceBook in Q2,2012.
The games will the subject of news releases when it happens.
Dear XXXXXXXXX, Feb,15, 2012
We understand the huge interest of the U.S. investment community in Facebook as well as games on it. While we are going to release Requiem and Emil Chronicle Online on Facebook in 2012, please kindly be informed that Requiem and Emil Chronicle Online are our MMORPGs commercially offered in some markets since several years ago (Requiem is currently serviced 84 markets and Emil Chronicle Online is in 4 markets) though the revenues from them are not quite substantial, which means Gravity is not developing brand-new games on the Facebook platform and we are ‘converting’ the games in order that they can be played on Facebook and the Web (www.warpportal.com).
Since the two games on Facebook will be published by Gravity Interactive, Gravity’s wholly-owned subsidiary in the U.S., Gravity Interactive will distribute press releases in the U.S. before each game is launched. The launch dates have not been finalized yet but it is likely that one or both of the games will be released on Facebook in the second quarter of this year.
Should you have any further questions, please let me know. Thank you.