Carson City, NV – Stockpicks.pro reports on Amico Games Corp. (OTCBB:AMCG), Belltower Entertainment (OTCBB:BTOW), American HomePatient Inc. (OTCBB: AHOM)
Amico Games Corp. (OTCBB:AMCG)
SAN FRANCISCO, July 7, 2010 -- Amico Games Corp. (OTCBB:AMCG), an information technology company specializing in developing and operating mobile phone multiplayer networked games, today announced that total registered users of its mobile games has reached over 26 million as of May 31, 2010, an increase of 1 million from the previous month.
Amico currently delivers three mobile phone games over WAP and Java cell phone platforms of China. According to the company's user database records, registered users for all three of its mobile games have reached over 26 million as of May 31, 2010, an increase of 5% from 25 million as of April 30, 2010.
Among the games that Amico delivers, the growth of Journey to the West OL has been rapid since its official operation in May 2009, with registered users increasing to 2.95 million as of May 31, 2010, a 13% increase from the previous month, whereas the average monthly growth rate has been 10%.
"We're very proud to sustain rapid and stable monthly growth of registered users, which helps to ensure a stable revenue source," said Mr. Peter Liu, Amico's President and CEO. "In the pursuit of technological improvement, our R&D team is focused on exploring better game environments and unique interactive community experiences for our players, which innovatively incorporate a number of the most popular gaming elements. Thus, we are confident to capture new users who are looking for a unique gaming experience, and enhance our revenue in the coming months."
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Belltower Entertainment (OTCBB:BTOW)
LOS ANGELES--(July 8)-- Belltower Entertainment (OTCBB:BTOW) announced today that it has concluded negotiations with Women's Health House (WHH) and has signed a formal agreement for a joint venture partnership whereby Belltower will receive revenue profit participation from products that WHH has and will acquire revenue interests in through direct response television marketing campaigns targeted primarily at health and beauty products for the female consumer. The first of several infomercials has been completed and will air on national television in approximately 215 markets beginning next week. When the commercial airs, the consumer will be able to call in to a toll free telephone number to order the product to be shipped directly to the retail customer. The product will sell for $29.95 and Belltower will receive approximately 10% net revenue from each unit sold through this medium. The company will release details on the actual product itself previously featured on NBC, ABC, CBS, FOX, Racheal Ray, Extra and Star Beauty Secret.
Belltower is in final stages of negotiations with Three-Thirteen Productions to build a production facility in the Greater Orlando area which will serve as the venue for the production of these infomercials as well as a pre and post production facility for the company's own Independent feature film productions. In addition to the profit participation from the revenues associated with the sales of products through the direct response television marketing campaigns, Belltower will also receive revenue from fees associated with the production of the infomercials themselves for WHH and other clients.
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American HomePatient Inc. (OTCBB: AHOM)
BRENTWOOD, Tenn.--(July 8)-- American HomePatient Inc. (OTCBB: AHOM) (“American HomePatient” or the “Company”), one of the nation’s largest home health care providers, announced today it will launch a self-tender offer to acquire all outstanding shares of its common stock, par value $0.01 per share (the “Shares”), net to the seller in cash, without interest and less applicable withholding taxes (the “Offer”). Highland Capital Management, L.P. and its affiliates (together referred to as “Highland”), which constitute the largest holder of the Company’s matured senior secured debt of approximately $216.2 million (“Senior Debt”) and its largest shareholder, has agreed to not tender Shares in the Offer. The purpose of the self-tender offer is to redeem as many Shares as possible from shareholders other than Highland in order to concentrate Highland’s percentage ownership in the Company as a first step in the Company becoming 100% owned by Highland pursuant to a restructuring plan previously announced by the Company.
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