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2005-03-08 07:01:07 WGL and NorthStar to Retain KO-Mar Productions
> ORLANDO, Fla., March 8, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has, through its relationship with NorthStar Visions, retained Ko-Mar productions of North Palm Beach, Florida, one of the premier golf production companies in the country. NorthStar and Ko-Mar have collaborated on many successful golf productions over the past several years.
"Ko-Mar productions brings the expertise that the networks demand to the forthcoming WGL Million Dollar Shootout, which is scheduled to air this summer on a major commercial network", said Mike Pagnano, CEO, The WGL, Inc. "Along with The WGL Inc., Northstar Visions will be adding some very powerful entertainment value to the Million Dollar Shootout script to further enhance its asset value and marketability for network distribution and licensing", Roy Hamlin, CEO NorthStar Visions went on to say.
The WGL markets a professional golf concept in the USA and 27 international venues, which allow average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event and world championship.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Posts: 487 | From: Northeast Ohio | Registered: Oct 2004
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WORLD GOLF LEAGUE INC (U-WGFL) - News Release The WGL Expects Wholesale Membership Revenue to Exceed $12 Million 2005-03-09 07:00 ET - News Release
ORLANDO, Fla., March 9, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that based on the early results of its Wholesale Membership Program, it has forecasted a 35% redemption rate or $12,000,000 in sales for 2005. Several test promotions have generated better than expected results, while the WGL expects to expand the program through additional corporate outlets.
"We are very confident that the Wholesale Member Program will continue to grow and be further enhanced by the WGL exposure generated from the WGL Million Dollar Shootout to air this summer," said Mike Pagnano, CEO of The WGL, Inc. We expect to host at least four corporate sponsored National Events in 2005, each with a prize pool exceeding $300,000," Mr. Pagnano went on to say. The WGL has awarded over $1,000,000 in prize money to date.
The World Golf League markets a professional golf concept, through wholesale distribution channels in the USA, which allow average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national championship. The WGL also produces the WGL Million Dollar Reality Television Concept.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. The Company takes no obligation to update or correct forward-looking statements.
CONTACT: The World Golf League, Inc. Mike Pagnano 1-888-331-6272
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