Yesterday, Win Gaming Media, Inc. announced that on June 5, 2011, they closed an agreement for the acquisition of the entire activity as well as intellectual property of EZTrader.com. With this agreement, Win Gaming Media, Inc., via their fully-owned subsidiary in Cyprus, is now the owner of a proprietary software platform for online trading of binary options, the domain name www.eztrader.com and a database in excess of 50,000 registered and active customers. EZTrader.com is a major player in online trading of binary options.
Win Gaming Media, Inc., with this latest acquisition, features three online trading sites. These sites are www.Globaloption.com in 5 languages – English, Arabic, Spanish, German and Russian; www.Options.co.il in Hebrew, for the Israeli market, and the newly acquired platform www.eztrader.com. More languages are scheduled for adding during this calendar year.
Binary options are a simple investment tool; investors can receive short-term returns significantly greater than in most other types of investments. Traders of binary options simply predict the direction of the change in an underlying asset, instead of forecasting its price. With binary options, traders can predict the direction of an assortment of assets, which are set to expire in an hour or at the end of the trading day.
Using their knowledge and familiarity of capital markets, traders decide their trades. A binary option pays the investor a pre-determined cash amount on the sole condition that the option would expire in-the-money. This cash amount is set forth in the option’s terms; it is the same, regardless of the degree to which the underlying asset’s price moves in the holder’s favor.
Shimon Citron, Chief Executive Officer of Win Gaming Media, Inc., commented, “We are excited with the acquisition of EZTrader.com, its proprietary software and its significant data base.”
Mr. Citron added that, “the consolidated activity of all three platforms, which is based on EZTrader’s performance during the months of April & May 2011, indicate a monthly deposit pace in access of $400K per month, from which we are to benefit as of June 5, 2011. The amalgamated activity should move our company to profitability”.
Headquartered in Wilmington, Delaware, Win Gaming Media, Inc. engages in the business of offering global online trading of binary options. They entered the binary options business in November 2009. Since March 28, 2010, they have been offering online trading of binary options through their wholly-owned Cypriot and Israeli subsidiaries, WGM Services Ltd. and B Option Ltd., respectively.
Specifically, the Company’s online binary options trading business is targeted at investors who look to realize profits from their investments within a short period. Win Gaming Media, Inc. operates solely through their wholly owned subsidiaries. These are Win Gaming Media, Inc., a Delaware company; Win Gaming Media (Israel) Ltd., an Israeli company, and WGM Services Ltd., in Cyprus.
For more information visit: www.wingamingmedia.com