WTCG - W Technologies Inc.

[Justinschmidt1]

W Technologies, Inc. CEO Wayne Allyn Root Announces Online Poker Strategy

W Technologies, Inc., a Nevada based online social media and gaming company, plans to offer online poker via the Internet. WTCG intends to use a social gaming advertising agency to assist with its market strategy.

http://betanews.com/newswire/2012/03...oker-strategy/

WTCG's main subsidiary is SoMo Technologies and these guys have worked with some big name companies.

SoMo is the powerful combination of Social Media and Mobile Marketing technologies. While we perform complete hand-holding and consulting over the life of our client’s projects, a few of our specialties include:

While SoMo Technologies is a recently established company, past customers or development partners of the SoMo Technologies principals and associated technology professionals have included:

AT&T
BP (British Petroleum)
Dragon Systems
EDS
Exxon
Halliburton
IBM
Sprint
Shell



Nuance Communications
NASA
Microsoft
Lernout & Hauspie
Kurzweil A.I.
Allure Las Vegas
Optimus International
Las Vegas Public Relations Corp.
VStock Transfer
Princeton Research

This company uses social media outlets such as Facebook, Twitter, YouTube, Google for marketing and we all know how popular these media outlets are....it really doesnt get any bigger than Facebook.

float of around 8.5 mill

W Technologies, Inc. is a Nevada based online social media and gaming company which today has announced plans to offer online poker via the Internet. WTCG anticipates launching an online poker site offering online play for free as well as prizes to players globally!

Okay so you think online gaming and 90% of you will say, "Yea play cards online...that's cool..."

But really, we think this news is monumental for a company that currently built its market value of $1.8 million strictly on social media and mobile marketing solutions. Now they are planning to mix in the world of online gaming that boasts mega numbers. Just to give an idea of what companies in this industry is capable of:

Bwin.party: Operates the Party Network including Party Casino and Party Poker generated total pro forma revenue of €814.0m in 2010 alone (Roughly $1.01Billion)

Sportingbet boasts a 12 month trailing revenue of just under $212 million

A Forbes article estimated that in that year, FullTilt Poker saw $500 million in top line revenues with $100 million (Forbes.com)

That same article also released information on PokerStars generating global revenue of $1.4 billion!

[Justinschmidt1]

W Technologies, Inc. Delivers Casino Hotel Mobile App to VIP Members Corp.


AS VEGAS, April 12, 2012 /PRNewswire/ -- W Technologies, Inc. (OTC Pinksheets: WTCG) announced today that the Company's wholly owned subsidiary, SoMo Technologies, Inc. (www.somotechnologies.com), has completed the development of VIP Members Corp's (www.vipmembers.com) new Casino/Hotel mobile app. Ron Costa, President of SoMo Technologies, explained "The new casino/hotel mobile app was designed for the gaming industry as an interactive mobile app to retain casino hotel guests on site and to increase revenue per available room (REVPAR). The VIP casino/hotel app allows the guest to receive VIP treatment based on their personal preferences, and provides free mobile offers and VIP access to casino and hotel entertainment, restaurants, clubs and other venues during their stay. We are excited about its revenue possibilities for the gaming industry, and appreciate VIP Members Corp. having the confidence in us to develop this unique proprietary mobile app on their behalf."

http://finance.yahoo.com/news/w-tech...123000787.html


Fresh awareness out on this company as well.

Looks extremely thin with a float of about 8.6 million

[CatFish]

picked up some wtcg today. hoping for it to continue upwards

[CatFish]

seems to be holding around .006 well. hoping it moves up more today

[CatFish]

this is a prime example why you do not hold penny stocks which I did like an idiot, 1 for 5000 reverse split today