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Shoal Games Completes AGM and Provides Corporate Update
ANGUILLA, B.W.I., November 21, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, owner, and publisher of Rooplay, the EdTech games platform (www.rooplay.com) and the Rooplay Originals games featuring Garfield, Moomin, Mr. Men & Little Miss, Pororo, Peter Rabbit and Mr. Bean, announces that it has completed its Annual General Meeting (AGM) in Anguilla B.W.I.
At the meeting, the Shoal Games shareholders elected the Board of Directors: Tarrnie Williams Sr., Executive Chairman; Jason Williams, CEO, Fiona Curtis, and Claes Kalborg; reappointed the Auditors and re-affirmed the Company’s stock option plan.
Additionally, the Company announces that the Rooplay OTT platform continues to expand rapidly with the recent launch of a web-enabled version accessible on www.rooplay.com from any desktop or mobile browser on any web enabled device. This launch takes Rooplay one step closer to being a full OTT cloud games platform. The platform will shortly include Apple iOS and Smart TV support which are in advanced stages of development. With growing popularity and reach, Rooplay has more than 40 exclusive games, over 300 games in total, and more than 600,000 installs on Android. The Shoal Games team is advancing the Rooplay game development capacity by distributing its proprietary Shoal.JS framework to partner studios and by working closely with leading KidTech distribution partners who reach millions of potential Rooplay users each and every month.
THIRD QUARTER 2018 FORM 10-Q FILED NOVEMBER 14
Q3 2018 FORM 10-Q
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Shoal Games Announces Q3 2018 Results
ANGUILLA, B.W.I., November 14, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, owner, and publisher of Rooplay, the EdTech games platform (www.rooplay.com) and the Rooplay Originals games featuring Garfield, Moomin, Mr. Men & Little Miss, Pororo, Peter Rabbit and Mr. Bean today announced its unaudited financial results for the third quarter ended September 30, 2018. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.
Recent Shoal Games Ltd. highlights include:
- Revenue increase of 68% to $40,942 over second quarter of fiscal 2018
- Reduced loss by 60% to $397,176 from fiscal second quarter 2018 loss of $989,473
- Launched Rooplay.com web platform for desktop and mobile web subscriptions
- Launched new game categorizations by Age and Grade
“With the launch of the Rooplay games platform on www.rooplay.com we now have two complete platforms live and synchronized with hundreds of educational games for children,” commented Jason Williams, CEO of Shoal Games. “Soon we will be adding Apple iOS and Smart TV support for Rooplay which will create one of the first fully cross platform OTT games systems in existence. We continue to advance all aspects of Rooplay to improve usability, personalization, engagement, and the content catalog. With more than 40 Rooplay Original games and hundreds of hand-picked licensed games Rooplay offers a unique and growing selection of high quality educational games for kids. In our next phase of development, we will be sharing the Shoal.JS game development framework to partner developers so they can port existing games to the Rooplay platform. As we simultaneously improve the Rooplay system and expand the Rooplay game library, the value of our offering becomes stronger and our position in the market solidified.
SHOAL GAMES AND WONDERFILM ANNOUNCE COLLABORATION IN OTT MARKETPLACE
ANGUILLA, B.W.I., September 20, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, publisher, and owner of Rooplay, the OTT EdTech games platform (http://www.rooplay.com) and The Wonderfilm Media Corporation (TSXV:WNDR), announced today that they have entered into a collaboration agreement to assist each other in research, development and distribution on VOD and OTT platforms globally.
“Shoal Games’ expertise in the OTT space, as demonstrated with their games platform Rooplay, provides Wonderfilm a skilled partner to assist in the development of Wonderfilm’s planned entry into Subscription Video on Demand (SVOD).” said Kirk Shaw, Wonderfilm CEO. “Wonderfilm and Shoal Games’ advanced design expertise are incrementally expanding SVOD technology from a passive viewing experience into a multilayered interactive technology that will provide app users with a new level of personalized experiences, ultimately including embedded blockchain technology. The app’s powerful new two-way relationship will also foster innovative collaboration, including the joint development of future movies and series. I view this match of creative talents lending itself to many new and exciting collaborations, with Shoal’s branded games and OTT distribution paired with Wonderfilms large audience reach.” he added.
AGM 2018
The Annual General Meeting of Shoal Games Ltd. will be held at the company’s Anguillian office located at Ground Floor, Hansa Bank Building, Landsome Road, The Valley, AI 2640, Anguilla, British West Indies on Wednesday, November 14th, 2018 at 11:00 am (Anguillian Time).