Signature to Retire 10 Million Shares as Revenues Surpass $500,000 During Month of February
February 25 2009 - 9:54AM
Business Wire
Signature Leisure, Inc. (Pink Sheets:SGLS) announced today that
the company is in the process of retiring 10,000,000 shares of the
Company�s free trading common stock acquired and accumulated as
part of the Company�s stock buy-back program.
Signature has achieved revenues that have surpassed $500,000 for
the month of February.
Additionally, Signature is pleased to announce the launch of the
Company�s newly launched website located at
http://www.signatureleisure.com.
Stephen W. Carnes, President of Signature Leisure, Inc., stated,
�The Company has surpassed $500,000 in revenues for February and I
look forward to updating shareholders with final numbers after end
of the month. The Company�s increases in revenues were achieved
from a combination of factors including increased managerial
consulting services as well as returns on various key
investments.�
�I am very pleased with the Signature�s new website. I believe
that the website will assist to communicate the range of services
that Signature provides to clients, which should assist the Company
in the marketing of services.�
�Signature is making great progress in terms of growth and
expansion. We are going to keep focusing on growth and building
shareholder value. We have initiated the paperwork to get the
10,000,000 shares back out of the system and retired in a timely
fashion. I anticipate it will take a week or so for everything in
the process to be completed. There are a number of exciting
projects in the works and additional updates and announcements to
be forthcoming,� Carnes stated.
About Signature Leisure, Inc. (Pink Sheets: SGLS) -- Signature
Leisure, Inc. is a publicly traded company trading on the Pink
Sheets under the symbol SGLS.
This press release contains certain "forward-looking"
statements, as defined in the United States Private Securities
Litigation Reform Act of 1995 that involve a number of risks and
uncertainties. Statements, which are not historical facts, are
forward-looking statements. The company, through its management,
makes forward-looking public statements concerning its expected
future operations, performance and other developments. Such
forward-looking statements are estimates reflecting the company's
best judgment based upon current information and involve a number
of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements. It is impossible to identify all such factors, factors
that could cause actual results to differ materially from those
estimated by the company.
This press release is provided for information purposes only and
is not intended to constitute an offer to sell or a solicitation of
an offer to buy securities.
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