Conspiracy Entertainment Expects Revenues to Exceed $5 Million in Q4 2007
Market Wire "US Press Releases "
LOS ANGELES, CA -- (MARKET WIRE) -- 03/10/08 -- Conspiracy Entertainment (OTCBB: CPYE), a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced today it expects to report over $5 million in revenues (unaudited) for the three months ended December 31, 2007. This represents a year-over-year increase in sales of 2824% compared to $171,000 reported in the fourth quarter of 2006. Fourth quarter 2007 revenues grew 194% compared to $1.7 million reported in the third quarter of 2007. For the year ended December 31, 2007, Conspiracy expects to report over $7.5 million in revenues (unaudited), compared to $803,493 (audited) for the year ended December 31, 2006. The Company's actual financial results will be filed on Form 10-KSB at http://www.sec.gov by mid-April.
Sirus Ahmadi, president of Conspiracy Entertainment, said, "We are very pleased to continue our strong sales trend in the second half of 2007. In the fourth quarter, we released over 10 titles, many of which have been successes. Our launch of the Nintendo Wii: Winter Sports game in December 2007 quickly lead to large reorders, and continues to increase our sales in the first quarter of 2008. We now have 10 to 20 additional games on all major platforms scheduled for release in 2008, and are well-positioned to continue our sales momentum throughout 2008."
Keith Tanaka, CFO of Conspiracy Entertainment, said, "Our consistent quarter-to-quarter improvements in 2007 are a result of gaining manufacturing approval on a number of our licensed, popular gaming titles, as well as securing new distributorships to release highly-anticipated games into North American retail stores. Fourth quarter and year-end revenues in 2007 have set the foundation for what we believe will be a year of top-line growth in 2008."
Conspiracy Entertainment Goes for the Gold with 'Biathlon 2008' Release for the PS2
PR Newswire "US Press Releases "
LOS ANGELES, March 13 /PRNewswire-FirstCall/ -- Conspiracy Entertainment (OTC Bulletin Board: CPYE), a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced today the commercial release of Biathlon 2008 for the PlayStation(R) 2 system. Recommended by biathlon stars Magdalena Neuner, Kati Wilhelm and Michael Greis, Biathlon 2008 is marketed as the most exciting video game adaptation of the booming biathlon sport.
Conspiracy Entertainment (OTC Bulletin Board: CPYE), a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced today that Larry Oakley, editor of the premier discovery site for micro/small-cap stocks ****************.com, Inc., has issued a Special Situations Report on the Company. All interested parties can download the April 2008 CPYE report at http://www.****************.com.
In the report, Larry Oakley commented, "We like CPYE's appreciation potential. In business for a decade, it has the experience to capitalize on new opportunities within the huge video game market, as demonstrated by (CPYE) CEO's letter to shareholders on 3/31/2008. From the non-stop growth of the global video gaming content sector to the advancement of mobile communications, CPYE has the potential to bring innovative products to market. Its pipeline of coming product releases is poised to build a solid revenue base & to provide shareholders with long-term appreciation."
"We feel that CPYE's current price, while representing a high, is still quite undervalued. We suggest that you look into this emerging growth situation before the investing public recognizes its real potential," concluded Oakley.
Larry Oakley, often referred to as the "Elder Statesman of Emerging Growth Investment Writers," created www.****************.com several years ago as the new editorial venue for his Conservative Speculator newsletter. Conservative Speculator, his editorial columns, & the Special Situation profiles at ****************.com are now regularly read by investors in 93 countries. Larry Oakley's goal: "Help its readers to make more with the 10% they put into special emerging growth situations than they make with the 90% they put into everything else." Larry Oakley has covered special situations, usually in emerging growth industries, for the past 24 years. For more information, visit http://www.****************.com.Posts: 2 | From: north carolina | Registered: May 2007
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