![STOCKTALK CENTRAL SPECIAL ALERT]() |
| NEWS ALERT! |
| World Golf League (OTCBB: WGFL) |
Near Term Price Projection: $.19 |
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| SHARES OUTSTANDING: |
324 million |
| APPROX. FLOAT: |
204 million |
| NEAR TERM PRICE PROJ.: |
$.19 |
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| A Few Reasons To Own WGFL: |
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- WGFL recently went public via reverse merger, potential opportunity to get in the beginning.
- WGFL satisfies a need for the average amateur golfer to compete in a PGA style fantasy tournament with the excitement of substantial prize money in "play for pay".
- WGFL revenues are estimated at $11.2 Million in 2003 and $34 Million in 2004.
- WGFL will be capitalizing on the world's fastest growing sport with over 26.5 million golfers in the US and 55.8 million worldwide.
- WGFL markets its concept directly and through marketing licensees to a total of 57 in the United States markets and 27 international venues.
- WGFL concept has received tremendous national publicity including the Golf Channel, Sports Illustrated and several major market news publications.
- WGFL has attracted many players that have included NFL Hall of Famer Lawrence Taylor, Rickey Jackson, NHL Hall of Famer Phil Esposito and a host of pro golfers including Fulton Allem.
- WGFL license agreements offer an extremely attractive opportunity to licensee who will share in various levels of returns.
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Great News! Well it appears the WGFL PR Machine is Teeing It Up Again.
With Today's PR, the WGFL Goes International With A Ryder Style Event to take Place during March 2004 in Scottsdale Arizona.
Hackers also known as Amateur Golfers From Around the World, Will Be Able to Compete Against US Hackers for CASH and A Trophy just like the PROS.
By holding these International Competitions not only Enhances the WGFL Brand Here in the United States But Also Around The Globe to The 55 Million Golfers.
As Best Stated By the WGFL's CEO:
"This type of competition will enhance the WGL brand worldwide, and will generate significant worldwide media attention. An event of this type magnitude will translate into broad brand awareness and increased membership."
So it Looks Like the Games are not only about to Begin in the U.S., but across the many Continents providing every hackers Dream of Driving for Show and Putting For the DOUGH.
We think that with WGFL's Stock Price at the LOW END OF ITS TRADING RANGE IT HAS A SHOT TO MOVE ON UP.
NOW, AS THE WGFL EMBARKS ON THE WORLD FOR ITS MANY NEW EVENTS AND MEDIA SHOW, HOPEFULLY WGFL WILL DRAW A LOT OF ATTENTION TO THE COMPANY, AND HOPEFULLY THE STOCK.
One Never Knows Where the WGFL's Next Drive May Land, So keep your eyes Glued to The Fairway, and Watch This Stock Trade.
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The WGL announces Ryder Cup Style 2004 World Championship ALTAMONTE SPRINGS, FL-October 20, 2003 -- The WGL, Inc. (OTC BB: WGFL)announced today that it would host a Ryder Cup format world championship in March 2004 in Scottsdale, Arizona. Twenty teams of foursomes, ten from the U.S. market, and ten teams from international venues, which will compete in three days of individual team competition. Various formats will be included in the competition such as alternate shot, best ball and individual match play. Each team will be awarded points based on results of their individual matches, with the last day's individual matches having the highest value. The winning teams will be paid $100,000 in prize money, with the top foursome earning $36,000.
"This type of competition will enhance the WGL brand worldwide, and will generate significant worldwide media attention. An event of this magnitude will translate into broad brand awareness and increased membership", said Mike Pagnano, CEO of the WGL, Inc.
The WGL plans to hold this team format competition every year, with a rotating global venue to further increase visibility of the WGL brand around the world. This team event will be scheduled in addition to the WGL National Championship, which is to be held in February of each year. The participants in the inaugural World Championship event will be selected by invitation only, with the WGL, U.S. Licensees and International Licensees selecting the participants. Other than the group of teams selected from the US, the WGL expects teams from several of the international venues such as Canada, United Kingdom, Germany, Spain, Japan, China, Philippines, India, and South America.
The WGL operates in the $25 billion a year world golf market, and markets a professional golf concept 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.
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To all the Hackers out there, and we certainly don�t mean computer, it appears to us that we finally have a venue to look like and act as a Golf PRO. Maybe not Tiger Woods, but certainly get the feeling and the jitters of what the Pro�s go through every week.
As stated from WGFL�s previous PR �Based on our current marketing budget, management anticipates revenues to increase five-fold in 2003 to $11 million over the $2.2 million generated in 2002. Our membership base grew to over 400% members in just three years time. Based on our current projections, we anticipate revenues tripling in 2004 to $34 million. There is a significant correlation between our direct marketing activities and licensees, and our revenues.�
Just like McDonalds, Duncan Donuts, Subways, Harley Davidison and many other successful licensed franchises have taken advantage of selling franchises and branding, we feel the WGFL is well on its way.
With WGFL being in a unique position of being first to market as a public company with their concept, generally speaking first to market companies usually command a higher premium than their peers. According to Multex, WGFL would be classified as Recreational Activities, company�s within this Industry trade in the Market Place at about 2.4 times sales.
IF OVER THE NEAR TERM WGFL DEMONSTRATE SALES GROWTH THROUGH VARIOUS LICENSING AGREEMENTS (their revenue model), AND TRADES IN THE MARKET PLACE AT A 75% MULTIPLE OF ITS PEERS (1.8 times), THEN BASED ON PROJECTED REVENUES OF $34 MILLION DOLLARS NEXT YEAR. WHEN APPLYING THE COMPARATIVE GROUPING�S AVERAGE PRICE TO REVENUE MULTIPLES TO WGFL WE CAN ARRIVE AT A RELATIVE VALUATION OF $0.19 PER SHARE OVER THE NEAR TERM.
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With WGFL trading today for pennies on the dollar, one way to look at WGFL is as a perpetual call option on the future success of the company. In our opinion, the risk in owning WGFL is no greater than owning an out of the money six month call option on Intel, Cisco, or Microsoft. You may lose all or some of your money or you could make a killing.
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Disclaimer:
The purpose of this advertisement is to provide publicity for the advertised company, its products or services. This advertisement is not a solicitation or recommendation to buy, sell or hold securities and does not provide an analysis of the financial position of the company. StockTalk Central, and affiliates (STC), publishes reports providing information on selected companies that STC believes has investment potential. STC is not a registered investment advisor or broker-dealer. The above report is the opinion of STC and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. STC accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment in WGFL is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. Previously an affiliate of STC has been hired by the company, and received seventeen million free trading shares of common stock of WGFL by two different third parties for the publication and circulation of previous reports, which all that stock has been sold. Additionally, WGFL has renewed their agreement for the publication and circulation of this report, and an affiliate of STC has received eight million free trading shares of common stock of WGFL by a third party non-affiliate (SEA) and STC and affiliates have no relationship whatsoever to the third party. STC intends to sell all or a portion of the WGFL stock at or about the time of publication of this report. Subsequently STC may buy or sell shares of WGFL stock in the open market. Since an affiliate of STC has been compensated there is an inherent conflict of interest. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, see the SEC filings of WGFL including the company's most recent annual and quarterly reports.
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