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Press Release Source: World Golf League, Inc. The World Golf League Reports Preliminary Media Results Tuesday March 16, 9:48 am ET ORLANDO, Fla., March 16, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTC BB:WGFL.OB - News) announced today that results for its first three weeks of television advertising has exceeded expectations. New memberships are up 600% from the same period last year and Web traffic has increased 900% from the same period in 2003. ``Interest in the Play for Pay concept is at an all time high and requests for additional information are pouring in on a daily basis,'' said Mike Pagnano, CEO The WGL, Inc. ``We expect to reach our low end goal of 35,000 members by July 2004,'' Mr. Pagnano went on to say. The World Golf League also expects to bring on board this week, a PGA Tour Player official spokesman as well as a Hall of Fame Athlete to provide endorsement services for the ongoing media campaign.
The World Golf League, Inc. markets a professional golf concept, directly and through licensees 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.
Contact: EQUITILINK LLC (877) 788-1940
---------------------------------------------------------------------- Source: World Golf League, Inc.
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This stock sucks. I have held it and held it with hopes of it making big. Everytime good news come out it goes down. As soon as I am able to break even I am out of this one.
Posts: 132 | From: JACKSON,TN,USA | Registered: Jun 2003
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