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MM's tried a shake down to .0036, right back up to .0040 x .0041 now... this will play for a while here... has a forward looking event in PR's, i.e. sponsorships are to be finalized by 9/1
-------------------- No one ever lost money taking a profit. Remember that.
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damn if it didn't bounce off that wall at 0048...I had an order in to sell but it did not fill...that would have been a nice swing..oh well.. should blow thru it on the next run...
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slowly going green here through lunchtime... .0041 x .0042 2x4 from .0042 close yesterday. I'm thinking HOD close around .0049 today, whaddya think?
-------------------- No one ever lost money taking a profit. Remember that.
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This morning gap and drop was just a function of too much too quick... it held the 5 day MA, which is a great sign, then shored up support around yesterday's close. If this can manage a green close (.0043+), the run definitely continues...
-------------------- No one ever lost money taking a profit. Remember that.
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August 10, 2005 - 7:00 AM EDT WGFL 0.0038 N/A
Today 5d 1m 3m 1y 5y 10y
The WGL Signs PGA Tour Star Fred Funk to Reality Series Contract ORLANDO, Fla. Aug. 10, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has signed PGA Tour star Fred Funk to promote and appear in the upcoming WGL Million Dollar Shootout (MDSO). Fred will act as one of three celebrity lifelines to be used by the competing teams to hit a shot for them once per round and, along with John O'Hurley, act as primary spokesman during the extensive promotion of the MDSO. Fred will also advise the five team captains on player selection during the drafting of players in episode one.
"We continue to add celebrity firepower to what will be an all-star cast of celebrity golfers for the MDSO," said Mike Pagnano, CEO of The WGL, Inc. "Fred Funk adds a great deal of sponsor and viewer appeal and will be instrumental in promoting the WGL Million Dollar Shootout."
The WGL Million Dollar Shootout is scheduled to air on the PAX Network beginning January 23, 2006 at 7 p.m. EST.
The WGL markets a professional golf concept in the USA, which allows average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event and world championship. The WGL is also the producer of the Million Dollar Shootout reality television series and has awarded over $1,000,000 in prize money to date.
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.
posted
I'm in and long ( 0.0024 ) to start on early optimism. What concerns me though is that I've hit COUNTLESS golf sites and chat rooms trying to get some insight on WGFL. Not once have I seen even a speculative positive post on their behalf but heard that they're still in arrears on paying the purported winners from quite some time ago. I hope I'm wrong but not much faith at this point even with all the fluff PR's which has been the case for far too long.
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just got in a little earlier at .0035,wish i would have waited,thought that this baby was going to go into positive territory after a little red,guess not,time will tell
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just got in a little earlier at .0035,wish i would have waited,thought that this baby was going to go into positive territory after a little red,guess not,time will tell
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The WGL Announces Second Quarter 2005 Results
Wednesday, August 17, 2005 07:00 ET
ORLANDO, Fla., Aug 17, 2005 (PRIMEZONE via COMTEX) --The World Golf League, Inc. (OTCBB:WGFL) announced today that it has completed its 2nd Quarter 2005 operating results. Assets increased 20% to $292,945 from $245,606 from December 2004. Liabilities decreased 38% to $590,717 from $950,610 from December 2004. Revenue for the six months ended June 30, 2005 was $424,752 up 880% from $48,191 from the same period in 2004. Net loss for the six months ended June 30, 2005 was $1,261,336 down 40% from $2,069,078 from the same period in 2004. General & Administrative expenses were $473,641 for the three months ended June 30, 2005 down 50% from $951,594 for the same period in 2004.
"We continue to make tremendous progress in our financial position and have realized significant improvements in all of our operating financial categories," said Mike Pagnano, CEO, The WGL, Inc. "With the revenue to be generated from the WGL Million Dollar Shootout, we expect to be debt free and operating in the black no later than first quarter 2006. Additionally, our ability to raise capital has increased substantially as a result of our improved financial position." The WGL Million Dollar Shootout is scheduled to air on the PAX Network beginning January 23, 2006 at 7 p.m. EST.
The WGL markets a professional golf concept in the USA, which allows average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event and world championship. The WGL is also the producer of the Million Dollar Shootout reality television series and has awarded over $1,000,000 in prize money to date.
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.
SOURCE: World Golf League, Inc.
Equitilink LLC Ron Garner (877) 788-1940
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