I know it is small time but I swing this from time to time. I am putting 1k on it this morning. It should be good for 5% today.
Press Release Source: World Golf League, Inc.
The WGL Expects Wholesale Membership Revenue to Exceed $12 Million Wednesday March 9, 7:00 am ET
ORLANDO, Fla., March 9, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTC BB:WGFL.OB - News) 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. ADVERTISEMENT
``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
-------------------------------------------------------------------------------- Source: World Golf League, Inc.
-------------------- If all goes well then great, if not, make it work. Posts: 2562 | From: Louisville, KY | Registered: Feb 2005
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This is one of the best OTC stocks I seen out there. It has the most potential. Im not getting why it gets bashed on raging bull stock boards. Maybe short sellers.
They have a TV reality show on planned for this summer.
Im hoping they get ESPN. This stock could be worth a few bucks years from now.
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check out previous posts from last spring and you will see what happened. tournaments were run very badly. verbal fights and ppl got very upset with the the whole thing.i lost sum dough on this but the pps was higher. now looks like it might be a better time to buy.
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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But its a new! This is not the PGA I mean. We have verbal fights on the Apprentice all the time and im sure you will see many on the new Boxing reality show.
They got reality pool, poker also I seen on tv. Nobody should expect them to act like they been around 20 years or so.
Reality sports shows are the latest thing.
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I don't know this for a fact, but there was a story that the CEO got into a fist fight at a tournament last year with an investor who was asking him some questions. Just stating what I read last year, I can't verify. I may jump back in if the price stays below .01 in the next couple of weeks.
-------------------- You Can't Have Everything...Where Would You Put It? Posts: 61 | From: Baltimore, Maryland | Registered: Feb 2004
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