POW! Entertainment, Inc. reported earnings results third quarter and nine months ended September 30, 2012. For the quarter, net loss applicable to common shareholders was $77,681 or $0.00 per diluted share compared to net loss of $39,196 or $0.00 diluted share for the three months ended September 30, 2011. Revenue decreased by $58,018 or 10.2% compared to the three months ended September 30, 2011. For the nine months, net loss applicable to common shareholders was $1,159,344 or $0.01 per diluted share compared to net income of $245,795 or $0.00 per diluted share for the nine months ended September 30, 2011. Included in the net loss was a non-cash write-off of subscription receivable of $533,408. Revenue decreased by $700,336 or 31.3% compared to the nine months ended September 30, 2011.

POW! Entertainment, Inc. have partnered with Moonshark to create Verticus, an all-new action adventure mobile game. A sneak peek trailer of the game along with other information will be revealed exclusively at Stan Lee's Comikaze Expo at the Los Angeles Convention Center. The game will be available for download to mobile devices later this fall. Developed by Dallas-based Controlled Chaos Media, Verticus will feature original characters, story, and voice-over by Lee. The game will put players in the role of Verticus a superhero charged with saving the Earth's destruction from an evil alien race known as the Obliterators. As Verticus players are equipped with a high-tech jumpsuit that lets them free fall through space while avoiding deadly obstacles and alien attacks. Along the way players can collect special materials to enhance their suits and weaponry with dozens of upgrades.

POW! Entertainment, Inc. announced earnings results for the second quarter and six months ended June 30, 2012. For the three months ended June 30, 2012, net loss applicable to common shareholders was $796,413 or $0.01 per diluted share compared to net income of $478,504 or $0.00 per diluted share for the three months ended June 30, 2011. Included in the net loss was a write-off of subscription receivable of $533,408. Revenue decreased by $579,526 or 53.4% for the three months ended June 30, 2012 compared to the three months ended June 30, 2011. For the six months ended June 30, 2012, net loss applicable to common shareholders was $1,081,662 or $0.01 per diluted share compared to net income of 284,991 or $0.00 per diluted share for the six months ended June 30, 2011. Included in the net loss was a write-off of subscription receivable of $533,408. Revenue decreased by $642,318 or 38.5% for the six months ended June 30, 2012 compared to the six months ended June 30, 2011.