Reality gaming social network company Face Up Entertainment Group, Inc. (OTCBB: FUEG) said late Wednesday that it has partnered with Bad Beat on Hunger, Inc. in the battle against childhood hunger in the U.S. Bad Beat on Hunger is a venture between ForeverGreen International (OTCBB: FVRG) and the Happy Children Foundation helping to put food on the table for the millions of children “living in poverty and struggling with hunger all over America,” according to the organization’s website at www.badbeatonhunger.com.
In the deal, Face Up will host online tournaments on its website supporting Bad Beat on Hunger’s causes, becoming an official sponsor of the organization. In return, Bad Beat will promote the games, other live Face Up tournaments and the Face Up brand through corporate newsletters and advertising.
“After completing a successful pilot event for Bad Beat on Hunger which included cash, gifts and other prizes, we have decided to plan future sponsorships of BBOH. We see this collaboration as a win win,” said Felix Elinson, chief executive at Face Up in a corporate statement.
Face Up, a non-wagering online gaming company currently focused on poker, employs a proprietary game platform to create a global gaming network, supporting native languages with a cross-language functionality permitting players to connect with others around the world. The website offers both free and paid memberships (“Gold” members) with Gold members having access to more features and potential prizes, such as a cash, cruises or a trip to Caesars Entertainment’s (NASDAQ: CZR) World Series of Poker. The platform has social networking functions, including live video and audio chat, to maintain the connections.
This isn’t Bad Beat on Hunger’s only interaction with the poker community to raise funds for healthy whole foods for kids. The organization has also worked with privately-held Knockout Poker League Inc., a provider of free to enter social gaming events, specifically poker leagues hosted at local bars and restaurants that reward players with extra chips for things like arriving to the venue early and ordering food or drinks at the event.
Shares of FUEG closed ahead on Wednesday by 28.83 percent at 14.3 cents. Across the past 52 weeks, the stock has hit a high of 42 cents (December 2012) and a low of 5 cents (May 2012). Shares of FVRG closed Wednesday flat at 10.21 cents and have of 52-week high of 25 cents (December 2012) and low of 4 cents (August 2012).
Face Up Entertainment Group (FUEG) Stock Quote and News:
ForeverGreen (FVRG) Stock Quote and News:
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