AMER LEISURE HLDG COM USD0.001 (OTCMKTS:AMLH) is a microcap making headlines once again. The company said recently that Hollywood Riviera Studios joined American Leisure Holdings, Inc.’s GG Media Network as a Non-Dilutive Investor, this news has stirred up AMLH trading volume and investor interest.
Shares have had some decent volume in 2017, emerging from the triple zero sub penny level and got their head above water trading above the .01 penny level in May 2017, and a look at the chart shows this really was a large move for them. AMLH shares have pulled back recently and dipped back into the triple zero, but the volume has been good, and they are in an interesting sector.
Christian Bishop, chief executive officer, AMER LEISURE HLDG COM USD0.001 (OTCMKTS:AMLH)’s GG Media Network, Inc., recently announced that Hollywood Riviera Studios has signed on as an investor. Hollywood Riviera Studios is providing non-dilutive financing to support the company’s upcoming eSports and gaming project.
GG Media Network is a gaming, media and entertainment-tech company who provides non-scripted content through GG Studios. They offer talent and eSports management to gamers, fans and sponsors.
“Hollywood Riviera Studios understands eSports and provides a dynamic environment, for us to build out some of the important aspects of our new project,” said Bishop. “In this era of digital entertainment it is important for us to be able to work with the right people..to deliver the high-quality, engaging programming the gaming community deserves. Hollywood Riviera Studios has a fantastic team. We are pleased to have them invest in our project.”
Hollywood Riviera Studios, founded by industry veteran and former news anchor Rolando Nichols, specializes in stage rentals with HD control rooms, eSports productions, live in-studio shows, transmission, and mobile production truck rentals. As a non-dilutive investor Hollywood Riviera Studios is providing access to its state of the art facilities in Torrance, CA and will work with GG Studios, a division of GG Media Network, to promote the project.
“The GG Media Network team has an exceptional vision for the leading-edge programming that will appeal to gamers and eSports fans,” said Rolando Nichols, founder and chief executive officer, Hollywood Riviera Studios. “We are excited to work with the media team and to provide them with our state-of-the-art, high-end production facility to turn their vision into reality.”
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GG Media Studios, a division of GG Media Network, will begin filming on its new project later this month, and they continue to work hard to get it’s share price higher finally emerging fully from the January sub penny levels. The company said it will focus on the industry’s most pertinent themes.
- Non-endemic investment in eSports is increasing as companies continue to recognize the value and potential of the engaged eSports demographic. One report finds, more than 50 non-endemic brands ranging from food and beverage to communications and transportations companies are investing in eSports.
- The technology and infrastructure to support large-scale LAN (Local Area Network) Parties like DreamHack require collaborations from leading providers to meet the needs of gamers and enthusiasts. It is reported,15,000 people participated in DreamHack, Austin, which supported more than 22,000 devices over the course of the two-day event.
- eSports continues to rise in popularity and value. The global audience for eSports is reported to be more than 385 million people. These gamers and enthusiasts are driving growth in the eSports economy which includes media rights, advertising and ticket sales. In 2017, the eSports economy is expected to grow by more than 40 percent, reaching more than $690 million.
We see AMLH stock, current market cap of 4.1M, as and exciting story and one to watch. The continued movement into the gaming sector is diving itself into very profitable areas. As the company noted; eSports may have as many as 400 million players, and many of this audience is under 25 years of age which is a valuable farm system for future investors. This is a rapidly developing story, and we will continue to update. For continuing coverage on shares of $AMLH stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!