Business
Alliance Media Holdings Inc. Announces Expected Losses in Toys R Us Bankruptcy
Alliance Media Holdings Inc. Announces Expected Losses in Toys R Us Bankruptcy.
About this update from Alliance Media Hldgs Inc
[{"type":"text","content":"\n\n\n\nAlliance Media Holdings Inc. Announces Expected Losses in Toys R Us Bankruptcy\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAlliance Media Holdings Inc. Announces Expected Losses in Toys R Us Bankruptcy\nPR Newswire\nNEW YORK, May 1, 2018\n\n\n\nNEW YORK, May 1, 2018 /PRNewswire/ -- Alliance Media Holdings Inc. (OTC-Pink: ADTR), a distributor, developer and publisher of interactive video games and gaming products, today announced that it expects to incur losses in the range of approximately $1.1 million to $1.5 million on unpaid invoices for product shipped to Toys R Us.\n\nAbout Alliance \n\nAlliance Media Holdings Inc. (www.alliancemediaholdings.com) is a vertically integrated video game company. Its Alliance Distributors operating division is a full-service wholesale distributor of video games, hardware and accessories, with a special concentration in value video games.  Alliance is a licensed publisher for Sony Computer Entertainment of America, Microsoft and Nintendo, and as Alliance Digital Media® publishes both originally created and third party licensed games in console, mobile, and PC/Mac formats.  Alliance develops both original and third-party video games as Zachtronics.\n\nSafe Harbor\n\nCertain statements contained in this press release contain forward-looking statements including without limitation, statements concerning our operations, economic performance, and financial condition.  The words \"estimate,\" \"believe,\" \"expect,\" \"should\" and \"anticipate\" and other similar expressions generally identify forward-looking statements, which speak only as of their dates. \n\nInvestors are cautioned that all forward-looking statements, which are based largely on our current expectations, involve risks and uncertainty. Actual results, events and circumstances (including future performance, results and trends) could differ materially from those set forth in such statements due to various factors, risks and uncertainties, including without limitation, risks associated with technological change, competitive factors and g...