WGL Kicks Off Wholesale Market Blitz
PRIMEZONE
Posted 2005-01-06
The World Golf League, Inc. (OTCBB:WGFL) announced today that it has launched its Wholesale Marketing Campaign for 2005. Upwon LLC will distribute 500,000 WGL memberships for distribution across several industries to be used as promotional giveaways. As each membership is redeemed, the WGL will receive $50.00 from Upwon LLC.
"We have streamlined our marketing process and reduced our marketing expenses by 70% for 2005," said Mike Pagnano, CEO of The WGL, Inc. "We expect up to 40% of the wholesale memberships to be redeemed, which would result in $10,000,000 in revenue through the first three quarters of 2005," Mr. Pagnano went on to say. Wholesale members will compete at a course of their choice and submit scores to the WGL for entry into several money events to be held around the country. Ten percent of the wholesale revenue will be used to create the WGL prize pool.
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.
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