WGL Entertainment Holdings, Inc. (OTCBB: WGLE) announced today that the WGL Million Dollar Shootout (MDSO) will close four contracts within 30 days from its exposure at SPORTEL. WGLE's international agent will close the UK, Ireland, Japan and South Korea. In addition twelve other international venues are expected to close within 60 days.
"SPORTEL has proved to be the catalyst we expected to launch the MDSO brand worldwide," said Mike Pagnano, CEO WGL Entertainment Holdings, Inc. "The MDSO is now poised to take its place as the new reality show of choice. Worldwide ratings could propel the MDSO into the new phenomenon in reality television over the next year and more. The next twelve months will be very exciting indeed for WGLE and its loyal investors. The MDSO is expected to produce over thirty million in revenue in its initial airing in over twenty markets including the United States."
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made for T.V. sports entertainment events scheduled to be produced in 2007 and beyond.
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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WGL Entertainment Holdings, Inc.