Aug 28th 2012, 14:38 GVC GVConsulting
by Kafka Frugel

GVC Q3 Updates

GVC recently held a board meeting on site at its Capex sim facility and we are pleased to have Ashleigh Wade, former CEO of FED, join the board and serve as COO, SL Operations. MykeltiShocked Resident will continue to serve on the board of directors and provide assistance on financials.

GVC gross profits for Q3 are expected to remain strong, primarily due to consistent contracts and emerging work on augmented reality (AR). In particular, we expect dividends from the month of August to outpace projections by a sizable amount. We will reset projections for September toward the end of that month.

About half of the re-design at our Capex sim HQ is finished, and we expect to complete work there as well as at the Tuscarora HQ prior to the end of the quarter.

Lastly, thanks to a now accelerated fundraising process for AR activities, our goal is to have our entire in-house ability for AR development functional by March 2013. Given the accelerated schedule, we are beginning to solicit contracts specific to AR and VR through Q4.

Stay tuned throughout September for exciting project news in-world, and more updates.