(WSGF) World Series of Golf Announces 2011 Business Plan Webcast Featuring Recent U.S. Patent Assignment and Expansion Plans
06 Gennaio 2011 - 3:32PM
Marketwired
World Series of Golf, Inc. (PINKSHEETS: WSGF) (OTCQB: WSGF) plans
to released an on-demand Webcast presentation later today
discussing the Company's recent patent assignment and plans to
diversify the Company's business offerings in 2011.
Texas Hold'em and Golf All In One
World Series of Golf introduced an updated business plan in 2010
enabled by a strategic investment introduced through the NewMarket
Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) Greenfield
Partnership Program. The new plan includes a continuation of the
Company's past golf tournaments that combine the wagering format of
Texas Hold 'Em and the skill of golf. Past World Series of Golf
events have attracted celebrity players including Ray Romano, Phil
Ivey, Daniel Negreanu and others. World Series of Golf® is a
fully-reporting and audited company compliant and current with all
regulations required to support transparency standards. To support
the updated business plan, the Company has recently entered into a
strategic investment arrangement anticipated to infuse $1,446,500
over time.
U.S. Patent Number 7,841,933
On November 30, 2010, the United States Patent Office assigned
to the World Series of Golf Patent Number 7,841,933 for the method
of conducting sports tournaments with wagering, including virtually
and online. The Company is currently exploring various gaming
options with top game developers, as we look to develop online,
gaming console and freestanding kiosk gaming options. The explosion
of motion-based gaming is a particularly good fit for our game and
newly issued patent. The Company is continuing to pursue additional
claims it has pending with patent office, which the Company and its
patent counsel are optimistic about being successful.
A link to the Webcast will be posted at
www.worldseriesofgolf.com once available.
About NewMarket Greenfield Partnership
Program
World Series of Golf has recently been included in the NewMarket
Greenfield Partnership Program and was highlighted last week in an
on-demand NewMarket Technology CEO Webcast presentation. The
Webcast is available now for on-demand review
atwww.newmarkettechnology.com or directly at
http://tinyurl.com/NewMarket1230.
NewMarket launched the Greenfield Program last year to
facilitate the start-up and early stage development of high-growth
potential businesses. The Greenfield Program concentrates on early
stage, rapid growth opportunities in the world's emerging markets,
with program participants in China, Southeast Asia, South and
Central America and East Africa, in addition to a handful of
program participants in North America. Program participants include
China Crescent Enterprises, Inc. (OTCBB: CCTR), NuMobile, Inc.
(OTCBB: NUBL) and Savanna East Africa, Inc. which currently trades
on the Pinksheets under ticker symbol "NVAE."
About World Series of Golf, Inc. Based in
Las Vegas, World Series of Golf (www.worldseriesofgolf.com) is a
global sports and entertainment company whose activities include
land-based and online, skill-based golf events featuring a
patent-protected method of play. World Series of Golf, combining
the skill of golf and wagering format of No-Limit Texas Hold 'Em
poker, was played at exclusive Las Vegas-area golf resorts in 2007
and 2008. The third annual World Series of Golf was played May
11-14, 2009, at the Las Vegas Paiute Golf Resort. The company plans
to achieve its international expansion goals through strategic
partnerships, sponsorships, and the founders' extensive experience
and contacts in the field of sports marketing. For additional
information, or to register for an event, visit the company's
website at www.worldseriesofgolf.com.
FORWARD-LOOKING STATEMENTS 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.
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Contact: World Series of Golf, Inc. Email Contact
702.740.1740
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