Good Gaming, Inc. Issues August Update and Signs Operating
Agreement With Viaone Gaming to Become Its Operating Partner in
Their Collaboration With Esports Koralis Entertainment Inc.
Kennett Square, PA -- September 25, 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 August 2018 and the announcement of its Operating
Agreement with ViaOne Gaming to act as an operating partner for
their collaboration with Koralis Entertainment Inc. to initiate
regional esports tournaments and livestream tournament play.
First, a brief explanation for the absence of press releases
over the last couple of months. Rest assured, the Company has been
working diligently to provide shareholders with the results they
expect to see with our current operations, which are now starting
to finally pay dividends. However, over the last two months, the
Company has been negotiating certain corporate debts and believed
it was in the Company’s best interest to voluntarily go into a
quiet period, in order to negotiate the very best results. We are
very happy to report that our efforts were indeed successful. Going
forward, we expect to keep our shareholders abreast of all
newsworthy events and shareholders should start to see a consistent
stream of news and updates.
As announced, ViaOne Gaming and Koralis Entertainment Inc. have
collaborated for a series of regional esport tournaments through
large venues and weekly livestream tournament play. Our recently
signed Operating Agreement with ViaOne Gaming allows Good Gaming
Inc. to act on behalf of ViaOne Gaming’s operation for oversight in
regional tournaments, which will initially be held at the
world-famous Daytona International Speedway, and on weekly
livestream tournament play. ViaOne Gaming chose Good Gaming Inc.
because of their extensive moderator tournament gaming experience,
their proprietary mods in Minecraft, and knowledge in Fortnite.
Combined, these abilities offer several benefits to the overall
strategy and development of their regional esports play into large
successful international events. The Operating Agreement between
ViaOne Gaming and Good Gaming Inc. will also allow for revenue
sharing on an ongoing basis.
Founded in 2013, Koralis Entertainment Inc. is a full-service
entertainment company that creates original content across multiple
platforms including esports, movies, music production, apparel,
merchandise, transmedia, and intellectual property.
Koralis Entertainment Inc., through its ‘2050esports’ brand, has
succeeded in producing multiple live events and regular online
esports tournaments (with accompanying broadcasts).
Koralis Entertainment Inc. recently signed a licensing agreement
with Daytona International Speedway to produce co-branded,
esports-related content following a successful event at the venue
in November 2017.
For more information please click on the logo on the following
page: http://2050esports.com/
A recent World Economic Forum article, “The Explosive Growth Of
Esports,” forecasts 38% year-over-year growth in revenues of $905
million in 2018 with a global audience of over 300 million fans.
This explosive growth bodes well for ViaOne Gaming, Good Gaming
Inc. and Koralis Entertainment Inc. as they position themselves to
take advantage of the robust growth in this lucrative industry.
https://www.weforum.org/agenda/2018/07/the-explosive-growth-of-esports
A recent Brobible.com article featured a Ryerson University
study that concluded esports stars will soon earn more than
professional athletes. The article also quoted a Goldman Sachs
analysis showing that esports will draw more fans than both Major
League Baseball and the National Hockey League in 2018. As the
growth of this industry builds on a worldwide stage, it is well
within reason to believe that esports viewership will surpass the
National Football League and National Basketball Association as
well.
https://brobible.com/sports/article/study-esports-stars-earn-professional-athletes/
Eric Brown, Good Gaming Inc. COO, stated, “Our Operating
Agreement with ViaOne Gaming creates an exciting opportunity for
our company to help this collaboration grow from regional esports
tournaments to eventual international level tournaments. Our years
of expertise in the esports tournament industry, along with ViaOne
Gaming’s capital commitments, and Koralis Entertainment Inc.’s
esports tournament model, experience, and various media and
industry contacts, combines a synergy we believe will give us an
upper hand in proprietary abilities and tournament play. Add to the
equation weekly livestream play and things get very exciting.” He
also stated, “The ability to enter into a revenue-sharing
opportunity in an industry that’s currently booming and projected
to exceed $900 million this year leaves us in a very optimistic
position.”
David B. Dorwart, Good Gaming Inc. CEO, stated, “The time and
effort put into the collaboration of Good Gaming Inc., ViaOne
Gaming and Koralis Entertainment Inc. will pay off in dividends.”
Mr. Dorwart added, “We want shareholders to know we take our
responsibility of keeping all shareholders abreast of all
developments as they arise seriously, and we look forward to
continuing to send them our monthly communication updates and
anticipated newsworthy events. It is also imperative, however, that
we disclose matters of substance, as opposed to nonmaterial fluff.
Stay tuned, as we anticipate additional developments for the
company.”
Finally, we would like to report on our Minecraft division. We
had a very challenging summer, as we have been working hard on some
major projects that are now starting to be released to the public.
For example, on Sept. 1, 2018, we released a major new Skyblock
mode, Skyblock Seasons. The initial results of its first week of
release were quite promising as player counts increased by 33%. We
expect as the community finds out more about this great new way to
play, our player counts will continue to increase. Additionally, we
have been focusing a lot on our Olimpo server, and plan to be
launching that server in a more complete fashion soon.
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 Inc.:
Good Gaming Inc. 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 Inc. 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 esports 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 Inc. 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) 686-5044 Email: infinityglobalconsulting@gmail.com
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