Signature Leisure Investor Relations Division Update Thursday February 22, 11:01 am ET
CASSELBERRY, FL and CHAMPLIN, MN--(MARKET WIRE)--Feb 22, 2007 -- Signature Leisure, Inc. (OTC BB:SGLS.OB - News) announced recently that it launched a new division that specializes in providing investor relation ("IR") services to publicly traded companies. ADVERTISEMENT
Stephen Carnes, CEO of Signature Leisure, stated, "I am happy to announce that in less that 30 days of launching the new investor relations division that Signature Leisure has generated over $25,000 in gross revenues from the company's first five deals. It is my determined goal to grow this division to the point that we have no less than 40 to 50 clients to whom we are providing services for on a monthly basis.
"As I have stated before, it is my firm belief that Signature will not only sustain itself but also be able to achieve growth from the revenues generated within the IR business unit rather than relying on money raised through the company's Standby Equity Distribution Agreement (SEDA). With the revenues that are being generated within the investor relations division the company has no need to raise funds by issuing shares under terms of the SEDA," Carnes stated.
Carnes further stated, "Investor Relation services is my forte and I believe that Signature Leisure, Inc. and the company's shareholders will benefit accordingly. I look forward to updating shareholders as to the IR division's continued progress on a regular basis. For any party that may have shorted Signature in the past, I believe they will find their miscalculation to be an extremely costly mistake."
"On a separate topic, the company anticipates providing some additional updates regarding its investment in Revenge Designs, LLC in the not too distant future. Signature acquired a twenty-five percent ownership stake in Revenge Designs LLC. Revenge is partnering with Lingenfelter Performance Engineering to modify the 2006-07 Pontiac GTO for a more 'aggressive' look and performance," Carnes stated.
About Signature Leisure, Inc. (OTC BB:SGLS.OB - News) -- Signature Leisure, Inc. is a publicly traded company trading on the OTC Bulletin Board under the symbol SGLS. For more information about Signature Leisure, Inc., please visit the Company's website at http://www.signatureleisure.com.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.
Contact: Contact: Signature Leisure, Inc. Stephen W. Carnes 407-599-2886 Email Contact
-------------------------------------------------------------------------------- Source: Signature Leisure, Inc.
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