Good Gaming CEO David B. Dorwart Issues May Update to Shareholders
June 11 2018 - 09:20AM
InvestorsHub NewsWire
KENNETT SQUARE, PA , June 11, 2018 -- InvestorsHub
NewsWire -- Good Gaming, Inc. (OTCQB: GMER) (the “Company”)
CEO David B. Dorwart is pleased to provide his latest monthly
corporate update for the month of May 2018 through the issuance of
this letter to shareholders.
As we enter into the month of June, we are pleased to report
that we continue to make progress from the implementation of our
strategic model. Our tenacity is finally bearing fruit as we close
in on entering the second half of 2018.
Minecraft
After a challenging first four months this year, May brought
some much anticipated positive results. Our server’s revenue
increased to over $8,000 last month. This was due to increased
player counts as we begin to see more people online as summer
begins for our school-age customers. Additionally, we hosted our
first official Battle Royale tournament for our Minecraft division
over the Memorial Day weekend. We were extremely pleased with how
the tournament was received in the community.
The Battle Royale alpha testing launch went better than
expected, with around 500 unique players trying it out during the
qualifiers, and approximately 80 players participating in the final
tournament. Good Gaming had a $300 prize pool with first-place
winners taking home $150, second-place $100, and third-place $50.
Fourth- to tenth-place winners won $20 gift cards to our Minecraft
store.
https://play.good-gaming.com/battleroyale/
We are now analyzing our data in order to both explore and
create new ways to market and drive interest in our products. We
continue to be encouraged by our results and are excited about new
opportunities the summer months will bring.
Tournaments and Leagues
We have begun working with high schools, initially in the
Philadelphia, PA region, with the intent of integrating our
in-person strategy into the schools. This strategy offers explosive
growth as high schools are now beginning to understand our unique
opportunity. We have also started discussions with multiple parties
that have expressed an interest in partnering with us in creating
tournaments and leagues.
Virtual Reality Centers (VR)
We continue to develop and fine-tune our corporate strategy, as
we draw closer to creating VR Centers. Because we
are seeing significant growth in this sector, we want to make sure
we enter this space in the correct manner, with time on our side.
We continue to meet with industry leaders in the VR space and
review financial models of various franchise and non-franchise
opportunities. We expect to make a decision in the next few
months.
Bitcoin Update
We continue to actively mine cryptocurrencies successfully. Our
strategy going forward will look towards an increase in production,
potential cryptocurrency acquisitions and offering Bitcoin as
prizes to Good Gaming members and tournament players.
For those looking for more up-to-date and comprehensive
information on Good Gaming, its operations, and our anticipated
outlook, please listen to the recent podcast CEO interviews
presented by SmallCapVoice:
https://smallcapvoice.com/blog/5-14-18-smallcapvoice-interview-with-good-gaming-inc-gmer/
https://smallcapvoice.com/blog/get-to-know-good-gaming-inc/
In conclusion, we continue to make exciting progress in every
facet of Good Gaming. We are confident that our products will
continue to grow as we continue to scale our corporate agenda.
Until next month, game away!
David B. Dorwart
For more information please visit our website:
https://www.good-gaming.com
Social networks:
Twitter: https://twitter.com/GOODGMER
Facebook: https://www.facebook.com/GoodGMER/
Blog: https://investor.good-gaming.com/blog/
InvestorsHangout: https://investorshangout.com/Good-Gaming-Inc-GMER-62551/
About Good Gaming:
Good Gaming is a leading competitive gaming and social network
platform targeting over 250 million esports players and
participants worldwide who want to communicate with each other,
develop strategies, and compete at novice, competitive and
professional levels. Good Gaming has taken a strategic multifaceted
approach in the esports industry with products and services ranging
from multiple Minecraft servers, a proprietary tournament platform,
high school esports leagues and soon to come virtual reality
centers. The esport industry continues to experience exponential
growth going from $500 million to $1.2 billion over the last two
years while industry analysts forecast a $5 billion global industry
by 2020. Good Gaming seeks to create and exploit opportunities as
the industry allows.
Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of Good Gaming Inc., its directors or its officers
with respect to, among other things: (i) financing plans; (ii)
trends affecting its financial condition or results of operations;
(iii) growth strategy and operating strategy. The words "may,"
"would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Good Gaming Inc.’s ability
to control, and that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors. More information about the potential factors that
could affect the business and financial results is and will be
included in Good Gaming Inc.’s filings with the Securities and
Exchange Commission.
Public Relations and Shareholder Information:Joseph M. Vazquez IIIPhone: (800) 686-5044Email: infinityglobalconsulting@gmail.com
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