Good Gaming's 2.0 Tournament System Completed; Company Embraces Hybrid Strategy to Drive Massive Traffic to Its Site; Company...
March 22 2016 - 10:30AM
Access Wire
CHICAGO, IL / ACCESSWIRE / March 22, 2016 / HDS
International Corp. and CMG Holdings Group, Inc. (OTC PINK: HDSI
& OTCQB: CMGO): Good Gaming, Inc. ("Good Gaming" or the
“Company”), a majority-owned subsidiary of CMGO, announced today
that its 2.0 tournament platform coding is now complete and that
the system is ready for trial tournaments. The Company has also
completed its FINRA application for a name change to "Good Gaming,
Inc." and for a ticker change to "GGGG" or "GAMR", subject to
regulatory approval. The Company has filed the name change with the
State of Nevada and expects FINRA to approve these applications
over the near-term, meaning within two to four weeks if not sooner.
Management believes the name change and ticker change are in the
best interests of shareholders, as they will define a new chapter
in the Company's evolution into the world's leading publicly-traded
provider of online gamer tournaments and eSports social
networking.
2.0 Tournament Platform Complete
Good Gaming's world-class 2.0 tournament platform is now
complete. The system is capable of supporting tournaments of up to
512,000 participants concurrently. Over the next two weeks, Good
Gaming intends to test the platform robotically and through trial
tournaments. To support this effort, Good Gaming has partnered with
one of the oldest and most respected gaming guilds in existence
called "The Syndicate" (http://www.llts.org), which has roughly
1,200 members worldwide and has tested some of the most
widely-played online games in the world. The Syndicate has provided
consulting services for many of the world's leading online games
publishers over the past 20 years.
Vik Grover, CEO of Good Gaming remarked: "The completion of the
2.0 tournament platform is the culmination of 15 months and
thousands of man hours of coding. It makes Good Gaming the owner
and operator of the world's premiere online destination for the 205
million amateur gamers striving to compete and turn pro in the
world of eSports, a market that is projected to become a
multi-billion-dollar opportunity over the next few years. I could
not be prouder of our team and their accomplishments. I am excited
for the fabulous growth we see ahead."
Hybrid Model Planned to Massively Accelerate Traffic to
Good Gaming's Website
Good Gaming has spent many hours in strategy sessions in order
to plan for the maximum outcome for its destination site for
eSports enthusiasts. Management has decided to pursue a hybrid path
using a combination of pay-to-play and all-inclusive sponsored
tournaments to drive massive amounts of traffic to the Company's
site which should generate subscriptions, transactions and
advertising revenues. Based on data from the 1.0 tournaments
performed in 2014 and discussions with its world-class games
publisher ally, the Company believes a sponsored model can deliver
5x - 10x the amount of traffic to Good Gaming's website as
previously experienced, which could generate millions of unique
visitors to www.good-gaming.com.
Said Grover: "After significant analysis of successful dot.com
super companies, we have decided to embrace their experiences and
pursue a hybrid path using a combination of inclusive and exclusive
tournaments, which is an expansion of our prior exclusive business
model. Based on data from our 1.0 platform experience in 2014, we
believe all-inclusive tournaments sponsored on our ally's launcher
and website will drive a significantly higher amount of traffic to
and awareness of our website, which should culminate in much higher
take rates for subscriptions and transactions and allow for higher
levels of advertising. We are extremely excited at our prospects at
using this hybrid model. During our team's coding of the tournament
system, they discovered a number of improvements that could be made
to the platform. They have spent hundreds of extra hours to bring
our patrons the finest of tournament competition. Because of this,
we have spent extra time getting it to where we wanted it to be.
Our schedule has been pushed back two weeks and thus we are looking
at a May major release."
About HDS International Corp.
HDS International Corp. (OTC Pink: HDSI) has merged with CMG
Holdings Group's majority-owned subsidiary Good Gaming, Inc. ("Good
Gaming" - www.good-gaming.com). Good Gaming is a leading cash
tournament gaming platform targeting the over 205 million eSports
players and participants worldwide that want to compete at the high
school or college level. Good Gaming recently confirmed its
partnership with one of the world's leading games publishers and is
launching a series of tournaments in 2016.
Forward-Looking Statements
Statements not historical in nature, are intended, and are
hereby identified as, "forward-looking statements". Forward-looking
statements may be identified by words including "anticipate,"
"believe," "intends," "estimates," "expect," and similar
expressions. The Company cautions readers that forward-looking
statements including, without limitation, those relating to future
business prospects are subject to risks and uncertainties that
could cause actual results to differ materially from projections,
estimates or aspirations, due to factors such as those relating to
economic, governmental, technological, and any risks and factors
identified from time to time in the Company's reports filed with
the SEC.
HDSI CONTACT INFORMATION
HDS International Corp. (Good Gaming)
Vik Grover
CEO
(708) 400-9050
corporate@good-gaming.com
SOURCE: HDS International Corp.
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