Business
Acquisition Announcement
Acquisition Announcement.
About this update from Entertainment Arts Research, Inc.
[{"type":"text","content":" Sometimes a fabulous opportunity comes along your way that you have to grab it with both hands. This is what Property Investors Ventures Inc (trading symbol - PIVV) has done for its shareholders. Therefor, we are pleased to announce the merger of Property Investors Ventures Inc.'s wholly owned subsidiary, Entertainment Arts Research Inc. of Nevada, (EARN) with Entertainment Arts Research Inc. of Georgia. (EARG). The surviving company will be (EARN), the wholly owned subsidiary of PIVV.We are very excited to become part of Entertainment Arts Research (EARG) at this time just as they are creatively developing FireWire District 22 and a number of other interactive entertainment products to penetrate a very large and growing market. According to global consulting, \"Price Waterhouse Coopers predicts by 2010 the worldwide video game market should grow to $46.5 billion at an average 11.4% compound annual rate.\" This industry appears to thrive in both good and bad economic conditions. Entertainment Arts Research Inc. (EARG) is an Atlanta based 3D graphics and interactive media publishing company that focuses on creating diverse video games for the home console and casual gaming markets. EARG Inc. primarily publishes and creates games that represent, foster, or imitate the diverse dynamic cultural experience of African-American, Latin American, Asian and Caribbean gamers across the urban landscape.We are very impressed with all of the accomplishments of Joseph Saulter, the President of EARG, along with the rest of his experienced board members. You bet on management and this is a strong management team in place. Joseph has put together a team of professionals in the video game industry. His relationship with industry leaders has grown over the years into and collective collaboration with Microsoft BGates Group, Sony, Vivendi, Warner Brothers, Blizzard, Softimage and as a well known musician and composer. With over 30 plus years in the entertainment business, Mr. Saulters' relationships are his most precious possessions.Property Investors Ventures (PIVV) looks forward in joining and participating with its new wholly owned subsidiary Entertainment Arts Research (EARN) as they aim is to become the worldwide innovative leader in video games that serve the lifestyle of the urban community namely the underrepresented African-American, ...