Goldman Small Cap Research Initiates Coverage of Pocket Games, Inc

BALTIMORE, MD / ACCESSWIRE/ December 16, 2015 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has initiated coverage of Pocket Games, Inc. (PINKSHEETS: PKGM), a software development and testing services company focused on the mobile gaming market. To view the new sponsored research snapshot, along with disclosures and disclaimers, or to download them in their entirety, please visit www.GoldmanResearch.com.

Industry estimates suggest that mobile gaming revenue will grow by 38% from $29 billion in 2015 to $40.9 billion in 2018, led by growth in Asia. With exposure to the industry’s software development, testing, and distribution segments, Pocket Games appears well positioned to take advantage of this trend. The Company has been extremely active in recent months, paving the way for a steady, diverse revenue stream. Pocket Games launched PC and Apple Mac versions of the popular Idol Hands game and will release a mobile version next year. Plus, the Company opened a new Indian testing center, signed testing services and IT contracts, and will soon close the acquisition of an exciting company in the mobile gaming arena.

In the research snapshot, analyst Rob Goldman discusses the Company’s enviable positioning.

“Pocket Games is in the early innings of a rollup strategy that targets the acquisition of complementary, revenue-generating businesses that could result in meaningful revenue in 2016. Part of the “East meets West” plan is to leverage Western developers with testing services and distribution in the East, where gaming revenue per user is among the highest in the world.”

Goldman continued, “The pending Viximo acquisition places the Company at the intersection of the game development, social gaming platforms, and distribution segments and should raise Pocket Games’ profile. With an opportunity to reach a huge market of hard core users, Viximo provides a key software toolset and distribution opportunities for developers while sharing revenue with the developers and social gaming platforms. As a result, Pocket Games provides a ground floor opportunity to take advantage of the huge growth in mobile gaming.”

About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

This press release contains excerpts of our most recently published sponsored research snapshot on Pocket Games, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Pocket Games, Inc. (“the Company”) authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.

Separate from the factual content of our articles about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.

A Goldman Small Cap Research report, update, newsletter, article, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research has been compensated by a third party in the amount of $1000 and anticipates an additional $3000 in compensation for investment research services that includes the publication of a research report.

About Pocket Games, Inc.: Pocket Games (PINKSHEETS: PKGM) is a software development and testing company focused on full-spectrum game testing, the acquisition and growth of innovative IP in the video game space and, more recently, a provider of outsourced IT Services to business. Following its recent acquisition of Idol Hands, the Company continues to execute its expansion into the burgeoning video game industry in pursuit of innovative revenue streams.

More information on PKGM can be found at www.PocketGamesInc.com.

Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100

rob@goldmanresearch.com

SOURCE: Goldman Small Cap Research

ReleaseID: 434765