|Day's Range||0.141 - 0.204|
|52 Week Range||0.045 - 0.360|
|PE Ratio (TTM)||-3.11|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
LOS ANGELES, June 5, 2017 /PRNewswire/ -- WRIT Media Group, Inc. (WRIT) announced the successful completion of Beta testing for its new digital currency Pelecoin. Pelecoin is a proprietary, structured digital currency, based on an optimized basket of the top 25 crypto-currencies. Pelecoin's proprietary algorithm optimizes currency "mining" profitability, while providing the added benefit of liquidity through the leading exchanges of digital currency.
LOS ANGELES, May 22, 2017 /PRNewswire/ -- WRIT Media Group, Inc. (WRIT) announced today that Discovery Research initiated coverage on the Company with an initial target price of $1.50 per share. In the report, the analyst writes, "With WRIT, the upside potential to downside risk may be as much as 15 to 1 in the next 18 months and it appears that the probability of success becomes greater simply by the increase in the number of users which is already occurring without much marketing spend. This drafting of the increases in other digital currencies is a nice positive that could put wind in the sails of the stock.
WRIT Media Group, Inc. is pleased to announce that it has secured an additional USD$100,000 in capital allocated to complete its SEC filings and cover the expenses associated with its recent acquisition ...