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To No One's Surprise, Wizard World Might Not Make It To 2019

Written by Tim Midura on Thursday, November 16 2017 and posted in News with Benefits

To No One's Surprise, Wizard World Might Not Make It To 2019

But what about the magazine?


Source: A

Shocking no one, Wizard World revealed that it might not exist in 2019. It's Q3 2017 quarterly report has been released and due to recent operations loss, there is substantial doubt the company can continue operating.

"The Company had a loss from operations of $4,454,857 and $1,182,246 for the nine months ended September 30, 2017 and the year ended December 31, 2016, respectively. As of September 30, 2017, we had cash and working capital deficit (excluding the derivative liability) of $1,176,034 and $1,514,182, respectively," the company stated. "We have evaluated the significance of these conditions in relation to our ability to meet our obligations and have concluded that, due to these conditions, there is substantial doubt about the Company's ability to continue as a going concern through November 2018."

Wizard World has 17 conventions planned for 2018 and a magazine planned to relive its '90s heydays. 





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About the Author - Tim Midura


Born in the frozen tundra of Massachusetts, Tim Midura has long possessed a love for comic books and records. After stealing the beard of Zeus and inventing the pizza bagel, a much more heavily tattooed and bearded Tim Midura has finally settled in San Diego. He's the world's first comics journalist who doesn't want to become a comics writer. Find him on twitter, facebook or by email.


More articles from Tim Midura
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