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GameCom Engages Magnum Financial Group
GameCom, Inc. a leader interactive internet gaming company today announced its engagement of Magnum Financial Group, LLC, to assist in broadening the Company's audience within the investment community and financial media.
Michael S. Manahan, a principal at Magnum, offered, "At Magnum we seek out early stage companies that we believe have the potential for exponential growth, allowing those companies to transition to senior exchanges such as Nasdaq or the American Stock Exchange, and to obtain the support of major investment banking firms and institutional investors. Our investment community contacts are looking to get in on the ground floor before our clients' companies become well known, and thereby achieve superior returns on their investments. We believe GameCom fits very well into this profile, and our objective is to assist management in building stockholder value."
Manahan continued, "We are also enthused about GameCom's business. Clearly the trend in video games is towards participatory game play across an Internet platform. Growth in this sector is expected to be substantial in comparison to the overall game market. Further, with the recently announced acquisition of Ferris Productions, Inc., the world's largest virtual reality company, GameCom is well poised to become a leading multi-tiered entertainment provider. It would not be unreasonable to expect GameCom to mirror the successes of such companies as Electronic Arts and THQ, Inc."
Commenting on Magnum's engagement, L. Kelly Jones, GameCom's chief executive officer, remarked, "After an exhausting search and much due diligence, we are pleased to bring Magnum on board. We intend to ensure that both our current and potential stockholders hear the Company's short-range accomplishments and long-term plans for accelerated growth. We are implementing a multi-tiered campaign to get our story and investment opportunity out to the public. By engaging Magnum, we have signaled the launch of this campaign. Magnum, a specialist firm, was hired to bring our stock price and resulting market capitalization in line with our plans to take GameCom to the next level."
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