
Newsletter
Promoter: | Penny Stock General | Paying Party: | UNKNOWN |
Stocks covered: | Compensation: | Avg $ Volume for Period: |
WRIT | Unknown compensation | UNKNOWN |
Max Profit: 175.00 % | Gain at close: 100.00 % | |
*We think that this promoter is a part of a group of promoters. |

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Good morning all,
WRIT was a nice winner for us yesterday, hitting a high of $0.0011 for a 266% gain, before closing at $0.008, up 167% from the opening price.
We think this could be just the start of more things to come. We simply cannot ignore the magnitude of yesterday's PR released by the company in which they outline the agreement they have reached with Microsoft for the marketing of WRIT's products.
Check this out. Microsoft's Senior Director of Windows App Marketing says "We're thrilled that Amiga Games is bringing beloved classic game titles to Windows 8 and Windows Phone 8 starting this holiday season".
This agreement, and Microsoft's willingness to align themselves with a tiny company like WRIT cannot be overstated. This news is simply huge.
And yesterday's price action tells us the investors agree. WRIT held its own yesterday hitting a high and then consolidating the rest of the day.
Take a look at the chart below.
WRIT closed near its highs of the day, but importantly, it also closed right at its 200 day moving average.
Technically speaking, if we can see a break through this level, there could be much more upside to come.
![]() Back to yesterday's PR.
The deal with Microsoft could very well be lucrative for WRIT. With one of the world's largest company's marketing WRIT's products, we feel there is an excellent chance this agreement will positively (and significantly) impact on WRIT's financial position and future revenues.
On this note, there could be more positive news coming down the track for WRIT which could keep the investor buzz going and equally keep the momentum in the stock high.
So instead of sending another pick your way, we want you to continue focusing on WRIT over the next couple of days.
Now be aware we could very well see some pullback in WRIT if impatient investors decide to take their gains and run. This is perfectly normal in any stock.
But we believe any dips over the coming days could be excellent buying opportunities for the medium to longer term.
As always, risk management is key - use stops, manage your position size, and take gains (or cut losses) where your are comfortable doing so.
All the best in the markets today.
FMA
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This morning, WRIT announced some massive news that they have entered into a marketing and distribution agreement with none other than the giant bluechip company Microsoft (MSFT).
This agreement allows for WRIT's products to be marketed by Microsoft across a variety of platforms including in store, social media, Microsoft websites and through Microsoft's smartphone and tablet stores.
Amiga Games Inc., a Newly Acquired Company of Writers Group Film Corp., Announces Classic Game Co-Marketing and Distribution Agreement With Microsoft CorporationLOS ANGELES, CA--(Marketwired - Aug 19, 2013) - WRITERS GROUP FILM CORP. (OTCQB: WRIT) -- Amiga Games Inc. (AGI), a videogame publisher of classic games for a wide range of smartphones and mobile devices, announced today a co-marketing and distribution agreement with Microsoft Corporation (NASDAQ: MSFT). The agreement will bring between fifty and five hundred classic game titles to Windows 8 and Windows Phone 8 through the Windows Store and Windows Phone Store. Microsoft will co-market the release of the gaming titles via Windows.com and Windows Store promotions, Windows social marketing, and Surface Store Picks.Amiga Games will create special versions of their titles to take advantage of Windows 8 and Windows Phone 8's unique features, including live tiles, cross-platform game data sharing, and Snap and Share. In addition, AGI's releases will support Microsoft's upcoming Windows 8.1. Amiga Games plans to deliver the first 50 Windows titles to Microsoft by December of 2013, coinciding with the 2013 Holiday season. "Microsoft has put a spotlight on mobile gaming and we are very pleased they chose Amiga Games to be a part of their mobile gaming experience," said Eric Mitchell, CEO of Writers Group Film Corp. "Windows 8 and Windows Phone are great platforms for AGI to showcase our best titles." "We're thrilled that Amiga Games is bringing beloved classic game titles to Windows 8 and Windows Phone 8 starting this holiday season," said John Richards, senior director of Windows App Marketing for Microsoft Corp. "Amiga's commitment to take advantage of unique features such as live tiles, Snap and Share will create a fantastic experience for game lovers on both platforms." On July 8, 2013 Amiga Games Inc. announced that it had entered into an agreement to be acquired by Writers Group Film Corp. (OTCQB: WRIT) a Los Angeles-based content distribution company.Vii >> Visit here for full news release <<
This news could be just the catalyst to propel WRIT higher from its tight trading range.
Trading at just $0.0003, near all time lows, we love the risk/reward profile on this one and think it could bring members from nice gains in the coming days and weeks.
All the best in the markets today.
FMA
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I have been diligently working on a new, longer term pick for the past couple of weeks, and now its time. I strongly believe this company has many great things going for it, and as an investment, I truly believe this could be a ten bagger in the coming months. This is not your typical one day wonder. The company I am about to announce to you is a longer term play for those serious about growing their portfolio. As with any investment, time frames are difficult to predict, but based on the it's current price, capital structure, the company's current projects and longer term plans, I believe this could eventually be one of our biggest "buy and hold" winners of 2013. Unlike some other more volatile picks we've had recently, this is one is likely to be a trade you can make without having to watch your broker account every five minutes. So without further delay, its time to take a look at Writer's Film Group Corp (WRIT).But don't let WRIT's "triple zero" price fool you. It has a current market value of just around $800k, making it very attractive from a valuation standpoint compared to some of its peers, and it has a very low float of under $150k (per OTCMarkets.com). Why am I so bullish on WRIT? I have spent the last couple of weeks reading through the Company's SEC filings, studying recent press releases, and speaking with Company management about its current and future projects, and below is what I have found. Writer's Film Group Corp (WRIT) is fully reporting, SEC filing Delaware incorporated company with its head office in Beverly Hills, California. WRIT trades on the reputable OTCQB exchange. Through its wholly-owned subsidiary, Front Row Networks Inc , WRIT has primarily been engaged in content creation to produce or acquire 2D and 3D concert films and distribute them via its theatrical and television distribution network, effectively extending an artist's concert tour or live event by inexpensively providing the event as a theatrical film to an artist's fan base. The Company has licensed an existing catalogue of over 1,500 hours of filmed 2D and 3D footage from over 108 live concerts. Packaging this existing catalogue with new 3D films, the Company has and intends to further its identity as the premier brand in 3D theatrical live event films. Typically, the cost of buying existing titles and producing new films will put a strain on a Company's cash flows, but WRIT's business model is to raise capital for each project's production, which includes generating pre-sales, and to co-finance its marketing with distribution partners. Such a model reduces the need for WRIT to maintain substantial (and unproductive) cash on hand to fund future projects. In addition to production and distribution of 3D theatrical films, WRIT also licenses the rights for distribution to connected devices, DVD and Blu-Ray, free TV broadcasters, cable and mobile streaming providers, giving the Company a further perpetual revenue stream. >> Diversified Strategic Focus & Revenue Growth In order to grow and diversify its revenue base, WRIT has recently announced a series of exciting strategic initiatives aimed at growing revenues by leveraging its distribution platforms in cinema, mobile and online streaming. Some of these new acquisitions and content under consideration as part of their strategy includes: · New products, including completed 3D animated family and educational content, aimed at family audiences and delivered through the company's cinema distribution channel as well as mobile. · The acquisition of existing business and revenue streams, including mobile app and video game businesses, where these products can be distributed through WRIT's mobile distribution platform. · License & acquisition of existing content libraries with current revenue streams. Such content would be packaged with the company's existing projects and sold under a subscription model. >> Read more about WRIT's strategic revenue generating initiatives << >> Acquisition of Amiga Games Just this month, WRIT announced that it has signed a binding definitive term sheet for the acquisition of Amiga Games Inc, a company which licenses classic video game libraries and re-publishes the most popular titles for smart phones, tablets, game consoles and PC's. >> Amiga Games resurrects some of the most popular classic Amiga games for today's platforms << WRIT's new subsidiary Amiga Games just announced distribution for its library of titles through the very popular Barnes and Noble's Nook platform. This follows the company's announcement that they will be distributing Amiga titles through BlackBerry World for the Blackberry Q10 and Z10 smart phones and PlayBook tablet.
And this announcement for the release of its products on Android devices.
Although its possibly too early to say definitely, one might speculate that WRIT also has its focus on releasing popular game titles for the IOS (iPhone / iPad) in the near future. If such a move is made, this would significantly open up the market (and demand) Amiga Games' library of games, and would likely add significant revenues to the Company. >> Management Team Perhaps one of WRIT's biggest assets is its highly experienced management team. Eric Mitchell (CEO) has over 20 years of financial, business development and strategic planning experience in the motion picture industry. Eric helped Sony Pictures' Tri-Star division acquire theatrical distribution rights to blockbusters such as Cliffhanger, Sniper, Threesome and Weekend at Bernie's 2. He also assisted Tri-Star acquire multi-picture distribution rights with Carolco Pictures, a deal which generated $250 million profit for the studio and led to Blockbuster hits such as LA Story, Universal Soldier, The Doors, Total Recall, Basic Instinct and Terminator 2. Andy Morahan is WRIT's Director and Chief Creative Officer. Andy has an impressive resume that includes working with, producing and directing videos for some of the biggest names in music history such as Guns 'n Roses, Aerosmith, Michael Jackson, Van Halen, Bon Jovi, Elton John, Paul McCartney, Billy Joel and George Michael. As a testament to his skill and dedication, Morahan won many MTV awards including Best Director for "Father Figure" and Best Video for "November Rain". >> Read more about WRIT's All Star Management Team << Most companies could only ever dream of having this kind of talent and experience in their management team. WRIT has an abundance of it. >> Recent News WRIT has been releasing some very good news recently that should give current and prospective shareholders much confidence in the direction of the Company. I encourage you to follow the links below to read more about some of the important announcements made by the Company.
If you have read the information I have presented above, I am sure you will agree that the time is now to seriously look at WRIT.
The company operates in a flourishing industry, has a strong business model, a stable balance sheet and an exceptional management team that have the ability to substantially grow the Company and deliver superior shareholder returns. Best of all, the price you pay for WRIT today is near all time lows. I urge everyone to continue their due diligence on WRIT, visit their website at www.frnetworks.com, read their press releases (links included above) and start following the ticker WRIT today. The Team For super fast & reliable alerts, sign up for our free SMS Alerts.
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