Good Gaming Expands Advisory Board with Technology Pioneer and Provides Update

CHICAGO, IL / ACCESSWIRE / April 4, 2017 / Good Gaming, Inc. and CMG Holdings Group, Inc. (OTC PINK: GMER and OTC PINK: CMGO): Good Gaming, Inc., owner and operator of the world’s most scalable eSports tournament platform and social network for gamers, has appointed T David Petite to its Advisory Board. Mr. Petite is a Native American independent inventor with over 70 patents to his name that he has licensed to over 70 companies. He was one of the early pioneers that invented ways to wirelessly extend the Internet using ad hoc mesh technology, which is the basis for Wi-Fi and ZigBee, and he is applying that technology today to the Internet of Things (IoT). Petite supports several think tank groups and incubation programs and founded the Native American Intellectual Property Enterprise Council (“NAIPEC”), which has offices in Washington D.C. at the USPTO in Alexandria, VA. He has been interviewed by major TV networks, radio stations, talk shows, and universities and sold a minority stake in his latest venture – SIPCO – to General Electric.

Mr. Petite said, “I believe Good Gaming has created the foundation for a very successful business in the gaming world. Through my expertise and network of contacts in the technology world, I intend to help GG take its technology platform to the next level to scale its operations globally and support a substantial number of customers. Further, I believe the GG eSports platform is a hand in glove fit for Native American Tribes, and through my contacts at the Native American Congress, we have already had discussions with some of the wealthiest tribes in the country.”

Vik Grover, CEO, said, “We could not be more thrilled to have someone of David’s caliber agreeing to help GG expand and improve its business. With his knowledge base and rolodex, GG enhances its trajectory and gains credibility with the business world, the global technology complex, and Native American Tribes, where I believe a B2B model has substantial opportunity for revenues, investment, and/or sponsorships. While there are no assurances of success, we are currently drafting proposals for Native American Tribes and are optimistic.”

For more information on T David Petite, see the following link:

https://en.wikipedia.org/wiki/Thomas_David_Petite

Capitalization Update and Other

With regard to capitalization, Good Gaming is awaiting comments from the SEC on its PRE14C filing done last month, which are due in less than a week. After receiving comments, or if there are no comments, the Company will refile and move to a DEF14C filing for FINRA immediately, which means this corporate action should go effective by the end of April or early May. Regarding investors concerned about how the Company has been funded recently, management would like to point out that affiliates of its largest outside investor and outside Director, David Dorwart, have been supporting the operation for the past four months. Meanwhile, Good Gaming is in discussions with several parties for more permanent financing to move the Company into 2018 and beyond. This week, the Company is flipping the switch on the business and implementing subscription plans and a la carte purchase options for members which, combined with already growing Minecraft micro-transaction revenues and advertising, will add to the top line and begin offsetting burn.

About Good Gaming

Good Gaming, Inc. is a leading tournament gaming platform and online destination targeting the over 250 million amateur eSports players worldwide that want to compete at the high school or college level. Register now to join the Good Gaming community and make sure to sign up for all the awesome events, including upcoming tournaments offering amazing prize pools: https://www.good-gaming.com.

Forward-Looking Statements

Statements not historical in nature, are intended, and are hereby identified as, “forward-looking statements.” Forward-looking statements may be identified by words including “anticipate,” “believe,” “intends,” “estimates,” “expect,” and similar expressions. The Company cautions readers that forward-looking statements including, without limitation, those relating to future business prospects are subject to risks and uncertainties that could cause actual results to differ materially from projections, estimates, or aspirations, due to factors such as those relating to economic, governmental, technological, and any risks and factors identified from time to time in the Company’s reports filed with the SEC.

Contact Information

Good Gaming, Inc.
Vik Grover
CEO
(708) 400-9050
corporate@good-gaming.com

SOURCE: Good Gaming, Inc.

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