BizRocket.com, Inc. Announces Revenue Sharing Agreement With One of the World's Largest Networks of (MMOGs) Massively Multi-P...
June 26 2012 - 9:15AM
Marketwired
BizRocket.com, Inc. (PINKSHEETS: BZRT)
announces today that it has concluded a Letter Agreement with
Viral Pwnage, LLC online gaming site that has
approximately 34,000,000 participating players throughout the
world, with a sub-set of 15,000,000 participating players ages
8-17, KidzRocket.com's target market.
ViralPwnage.com will partition the games suitable for BZRT's
target market with a strong emphasis on parental control. Massively
multiplayer online game (also called MMO and MMOG) is a multiplayer
video game which is capable of supporting hundreds or thousands of
players simultaneously. By necessity, they are played on the
Internet. All costs of developing and maintaining the site along
with all costs of linking the games to KidzRocket.com site will be
borne by the Viral Pwnage, LLC. Revenues will be shared on a 50-50
basis with the expectation that BZRT will receive 47% revenue.
Players during the first six months are projected to reach 500,000
with revenues projected to be $24-$32 million and 70% EBITDA.
ViralPwnage.com has been gaming online since 1992. They are
experts in Map creation, Map Modeling, Global Networking, Online
Marketing and Social Networking. Their gamer subscribers, from
different countries speaking a host of languages along with diverse
cultures, play 4-6 hours a day on average. Each of these 34,000,000
players will see a KidzRocket.com aperture each time they sign on
at www.viralpwnage.com.
Safe Harbor Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995 including statements relating to expectations of the 2012 or
2013 fiscal year; The terms and phrases "estimated," "goal,"
"commitment," "possible," "guidance," "expects," "would," "will,"
"continuing," "drive," "believes," "indicate," "look forward,"
"grow," "outlook," "forecasts," "forecast," projected, and similar
terms and phrases are intended to identify these forward-looking
statements. Forward-looking statements are based on estimates and
assumptions made by BizRocket.com, Inc., in light of its experience
and its perception of historical trends, current conditions and
expected future developments, as well as other factors that
BizRocket believes are appropriate in the circumstances, including
but not limited to general economic conditions, BizRocket's
expectations regarding its business, strategy and prospects, and
BizRocket's confidence in the cash flow generation of its business.
Many factors could cause BizRocket's actual results, performance or
achievements to differ materially from those expressed or implied
by the forward-looking statements, including, without limitation:
risks related to competition; BizRocket's reliance on key
personnel; BizRocket's ability to maintain and enhance its brand;
and difficulties in forecasting BizRocket's financial results,
particularly over longer periods given the rapid
Internet-technological changes and competition. BizRocket.com,
Inc., has no intention and undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
Contact: Robert Williams Email Contact 1.754.245.2717
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