The Fight Zone's Gold Recycle Corporation Expands Into Canada, Prepares the Launch of a $1.0 Million Plus Advertising Campaign
April 29 2009 - 7:30AM
Marketwired
The Fight Zone, Inc.'s (PINKSHEETS: TFZI) Gold Recycle Corporation
today announced that it is now operating in Canada and is preparing
a $1.0 million plus advertising campaign.
GRC President Jim Epstein said, "It has been in part of our
original business plan to open up the Canadian market, we just
didn't realize that we would get there this fast. According to
credible sources, a Canadian competitor is doing over $700,000 per
quarter."
Company officials believe that for every $1m spent in
advertising the Company should generate a minimum of $4m in gold
purchases.
The gold recycling business is a $30 billion annual business.
GRC Management is forecasting gross revenues of $2 to 4 million in
the first 12 months of operation.
The statements contained in this press release that are not
historical facts are forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934 ("the
Securities Act"), as amended and the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements may be
identified by, among other things, the use of forward-looking
terminology such as "believes," "expects," "may," "will," "should,"
or "anticipates" or the negative thereof or other variations
thereon or comparable terminology, or by discussions of strategy
that involve risks and uncertainties. In particular, our statements
regarding the anticipated growth of the company from our subsidiary
divisions, the anticipated longer-term growth of our business, and
the timing of the projects and trends in future operating
performance are examples of such forward-looking statements. The
forward-looking statements include risks and uncertainties,
including, but not limited to, the timing of revenues due to the
uncertainty of market acceptance and other factors, including
general economic conditions, not within our control. The factors
discussed herein and expressed from time to time in our filings
with the Securities and Exchange Commission could cause actual
results to be materially different from those expressed in or
implied by such statements. The forward-looking statements are made
only as of the date of this filing and we undertake no obligation
to publicly update such forward-looking statements to reflect
subsequent events or circumstances.
Investor Contact: Jennifer Goldstein 1-866-786-4443
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