Published On: Thu, Sep 29th, 2016

Red Giant Entertainment Inc (OTCMKTS:REDG) Expands Into Android in Pursuit Of Growth Opportunities

Red Giant Entertainment Inc (OTCMKTS:REDG) is trying to reinvigorate its growth prospects by pursuing growth opportunities on both Android and iOS. Its lead product PowFolio comic app, which provides readers with access to tens of thousands of comics, is now available on the Alphabet Inc. (NASDAQ:GOOGL) platform having already debuted on Apple Inc. (NASDAQ:AAPL)’s iOS

PowFolio Android Integration

First launched on iOS in May, the comic app has continued to top the charts when it comes to comic apps ratings on the platform affirming its credentials in the highly competitive industry. Having maintained the only five-star rating in its section Red Giant Entertainment saw it necessary to pursue new readers on Android having already made a name for itself on iOS.

“Building new comic book readers, and expanding the overall audience is at the heart of PowFolio,” stated Red Giant CEO, Benny Powell. “We couldn’t wait to branch out to the Android market!”

Red Giant Entertainment is promising Android user’s unparalleled, high-quality comics at faster speeds with the PowFolio app integration on the popular platform. To support the Android integration the company has teamed up with Glowdot productions. The Santa Monica California-based mobile development studio has been making a wide array of apps some of which are being used by an array of Fortune 500 clients as well as tech startups.

 Stock Performance

Given the number of devices running on Android worldwide, Red Giant Entertainment remains confident of creating a new revenue stream from the platform. While moving to ensure that the Android integration is perfect, the company is also looking at new opportunities that have the potential to unlock more shareholder value.

While Red Giant Entertainment Inc (OTCMKTS:REDG) stock has underperformed for the better part of the year, pursuing new opportunities on Android should go a long way in bolstering its current revenue stream. The same is expected to revitalize investor confidence on the stock as focus shifts to coming up with new exciting products for the comic book market.

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