Wizard World Inc (OTCBB:WIZD) a pioneering distributor of online pop media and producer of pop culture events engaged Liolios Group to direct a new investor relations and financial communications plan. John Macaluso, the CEO said that in past five years since the company went public, the top line have posted growth of 60% CGAR, with revenue growth of 100% and coming to profitability in 2014.
The management plans to sustain this momentum in this year by introducing various key measures that fully leverages powerful fan engagement platform. The measures include presenting ConTV, an OTT network in association with ComicConBox and Cinedigm, a subscription-based, revenue service for fans.
The focus
The CEO of Wizard World said that despite the strong success and robust growth outlook, the story of the company has been overlooked by Wall Street. The management believes that company’s shareholders would benefit from engagement of a team of professionals in capital market who will assist the company to strengthen investor communications.
The experienced team will help to improve the transparency and increase awareness of Wizard World in the financial community. The hired firm boasts an impressive track record of assisting firm enhance shareholder value by spreading, with focus and persistency, the right message among the right audience.
The plans
In the coming period, Liolios Group will work with Wizard World team to develop and implement an impressive capital markets strategy. The firm will look after various aspects. They will work to achieve messaging and corporate positioning and also focus on strategic advisory. It will introduce the company to new investors and influencers across the financial markets.
In last trading session, the stock price of Wizard World Inc (OTCBB:WIZD) declined more than 1% to close the trading session at $0.860. The decline came at a share volume of 146,739 compared to average share volume of 93,342.
