More on
FVSTAMake sure
FVSTA is on your watch list because it could breakout any day. It`s been consolidating for about 2 weeks after a nice run up and the next leg up could start any time!!!
FVSTA is in one of the biggest entertainment based sectors in this world.
There are many game companies and games out there but I can`t think of any first person shooter game where you can play for money. What
FVSTA has could be a first.
Staying up all night to play a game is not uncommon at all today. Enthusiastic players across the globe take their video games seriously.
Chirantan Patnaik, a resident of Mumbai, India, became an official Guinness Record holder when he clocked over 40 continuous hours playing Rockstar`s 2008 smash Grand Theft Auto IV, reported GameCulture.
Gaming is a monstrous industry that is predicted to hit $44 billion in revenues by 2011, according to DFC Intelligence analyst David Cole!
This would be a phenomenal 96% increase from $29 billion in 2005!
FVSTA understands video games aren`t just for playing nowadays. You can actually make money playing them.
Whether its one-on-one or multi player tournaments, players can bet money that ranges from $1 to even thousands of dollars.
FVSTA in my opinion is like finding a diamond in a haystack. You have video game companies like
ATVI and
ERTS out there that are trading over $10.
FVSTA is a leading game company in Canada and their staff has worked with many notable game developers such as Ubisoft, Mad Doc, EA Games, and numerous other studios throughout North America and Europe!
In mid 2006
FVSTA began work on its first Triple A title, a First Person Shooter (FPS) call Run the Gauntlet.
In North America there are as many as 1.5 million people playing an English first person shooter at any given time!
It`s been estimated that worldwide there are as many as 4 million people playing an English first person shooter at any given time of the day!
China could be an extremely profitable market for
FVSTA with a population over 1 billion.
China`s online game market grew 39.5% in the second quarter of 2009 to $906 million according to data from Analysys International!
Giant Interactive Group is looking for a First Person Shooter to round out its game portfolio and has signed a non-disclosure agreement and has begun play testing
FVSTA`s Run the Gauntlet at its Shanghai facilities.
Giant Interactive Group is a leading developer and operator of massively multi player online (MMO) games for the growing online gaming community in China.
Giant Interactive Grop trades on the NYSE!!
Pearl Research at one point predicted the Chinese online gaming market would reach $5.5 billion by 2012!!
FVSTA hopes to enter further business relationships with Giant Interactive Group which could also include licensing Far Vista Tournament: Run the Gauntlet.
Last month
FVSTA announced that Shanda Interactive Entertainment has agreed to discuss the licensing and distribution of Gauntlet for the Chinese market.
According to
FVSTA Senior Executive VP Marketing and International Development, Bruce Hoggard, "The discussions and review of the Far Vista Tournament: Run the Gauntlet could prove to be a pivotal point in Far Vista Interactive`s strategy to make it available to game players in China."
Shanda is listed on NASDAQ and is a leading interactive entertainment media company in China with more than 800 mill registered accounts and has invested more than $40 mill in approximately 30 online games!
FVSTA Senior Executive VP Marketing and International Development Bruce Hoggard commented, "The Chinese interactive game market is continuing to develop in leaps and bounds and it is culturally important to begin developing relationships that can provide the basis from which to enter and be competitive in the market."
FVSTA`s Run the Gauntlet has a 2010 release date and initially will be released in the North American market. The plan is for the North American release to be followed by releases in several other regions, including Asia and Europe.
FVSTA`s first tournament game to hit the market, Far Vista Tournament: Run the Gauntlet, will be made available on the personal computer, XBOX360 and PS3.
The XBOX360 and PS3 are two of the biggest and most used gaming consoles around!
For more information on
FVSTA visit their website: www.farvistastudios.com
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