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BizRocket.com, Inc. MMOG Expansion Moves Forward With Agreement(July 05, 2012)
CORAL SPRINGS, FL -- (Marketwire) -- 07/05/12 -- BizRocket.com, Inc. (PINKSHEETS: BZRT) recently announced a revenue sharing letter agreement with online gaming site Viral Pwnage, LLC (www.viralpwnage.com) a Massively Multi-Player Online Game (MMOG) provider with 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.
GamesIndustry.com data shows 2010 U.S. MMOG revenue at about $3.8 Billion. The growth of MMOG industry is rapidly expanding worldwide. The worldwide 2009/2010 MMOG revenues were representing to be approximately $6.0 Billion.
Total Company revenues for the unfolding eighteen month period is projected to be $24 - $32 million with the following fiscal year forecast to be $36,000,000 to $42,000,000. Seventy five percent EBITDA is projected. BizRocket.com / KidzRocket.com member base is projected to reach approximately 500,000 users within four-six months following implementation.
KidzRocket.com is developing total parental oversight of kids' ages 7-17 social networking activities when they are on the Internet, keeping out inappropriate and objectionable material.
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.
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