BEVERLY HILLS, CA / ACCESSWIRE / April 20, 2018 / WRIT Media Group, Inc. (OTCQB:WRIT) is pleased to announce that it has agreed to acquire Bison Oil and Gas Corporation ("BOAG") in a combination of cash and Series C Preferred Stock. BOAG owns and controls approximately 120 oil and gas wells in north Texas, with an internal estimate of $80 million dollars in gross reserves.

"We are excited about this acquisition as it adds significant value to our balance sheet and is designed to work hand in glove with the Bison Crypto Power Corporation acquisition. We are currently evaluating other projects in the oil and gas space along with other commodity-related projects which could benefit from the process of digital tokenization," said Eric Mitchell, President of WRIT Media Group.

About WRIT Media Group

WRIT Media Group, Inc. (OTCQB:WRIT) is a diversified media and software company whose operations include digital currency software development, including trading platforms and Blockchain solutions, crypto mining solutions, content production and distribution; and video game distribution via mobile platforms.

Cautionary Note Regarding Forward-Looking Statements

Pelecoin, CrypFXPro, Pelecoin Smart Contracts, Pelecoin Mining Factory, Bison Crypto Power Corporation and their related trademarks and names are the property of WRIT Media Group, Inc. and are registered and/or used in the U.S. and countries around the world. All other trademarks belong to their respective owners.

SOURCE: WRIT Media Group, Inc.