World Series of Golf Continues to Develop Information Technology Business Strategy
(firmenpresse) - LAS VEGAS, NV -- (Marketwire) -- 09/08/11 -- World Series of Golf, Inc. (PINKSHEETS: WSGF) (OTCQB: WSGF) previously announced the Company has identified a target acquisition based in Latin America with approximately $20 million in sales annually. The acquisition of the targeted technology service firm would support World Series of Golf's efforts to prioritize and accelerate the Company's information technology asset. Negotiations and due diligence are ongoing, and World Series of Golf is working to secure an investment commitment in conjunction with the prospective Latin America acquisition.
World Series of Golf has developed a unique skill based method of play for land based and virtual games combining the rules of golf and Texas Hold'em Poker and owns a patent on its virtual method of play, with a patent pending for the land based events utilizing the method of play.
World Series of Golf () is currently a sports and entertainment company whose activities include land-based and virtual, skill-based golf events featuring a patent-protected method of play. For additional information, visit the company's website at .
Statements made in this news release may be forward-looking statements within the meaning of Federal Securities laws that are subject to certain risks and uncertainties and involve factors that may cause actual results to differ materially from those projected or suggested. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: (1) the availability of additional funds to enable us to successfully pursue our business plan; (2) the uncertainties related to the appeal and acceptance of our proprietary method of play and our planned on-line products; (3) the success or failure of our development of additional products and services; (4) our ability to maintain, attract and integrate management personnel; (5) our ability to secure suitable broadcast and sponsorship agreements; (6) our ability to effectively market and sell our services to current and new customers; (7) changes in the rules and regulations governing our business; (8) the intensity of competition; and (9) general economic conditions. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in World Series of Golf®'s most recent periodic reports on Form 10-K and Form 10-Q that are filed with the Securities and Exchange Commission. World Series of Golf® assumes no obligation to update and supplement forward-looking statements because of subsequent events.
World Series of Golf, Inc.
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Datum: 08.09.2011 - 13:25 Uhr
Sprache: Deutsch
News-ID 63678
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LAS VEGAS, NV
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Recreation
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