OTC Financial Network Issues Updated Favorable Report on Great American Family Parks
2005年4月20日 - 10:01PM
PRニュース・ワイアー (英語)
OTC Financial Network Issues Updated Favorable Report on Great
American Family Parks BOISE, Idaho, April 20 /PRNewswire-FirstCall/
-- Great American Family Parks, Inc. (OTC:GFAM), a company focused
on rolling-up profitable regional theme parks in the U.S.,
announced today that OTC Financial Network, a division of National
Financial Communications Corp., has issued an updated favorable
InvestorFacts report on the Company. The report includes a profile
of the Company's growth-through-acquisition strategy, management
team and investment considerations. Interested parties can view the
report online at http://www.otcfn.com/gfam/report.html or call
781-444-6100 x625 for reprints. Geoffrey Eiten, president of
National Financial Communications, stated, "Within the park
industry, the highest margins and revenues stem from the sale of
concessions such as food, beverage and souvenirs. GFAM has
successfully built and owns Crossroad Convenience Center (CCC),
which operates as a retail and concession store and can function as
one within an amusement park. CCC has significantly increased the
Company's gross receipts each year, generating un-audited annual
revenues of $4.6 million and gross profit of $590,000 in 2004.
Eiten concluded, "GFAM's growth strategy is to acquire
family-centric amusement parks that bring immediate revenues and
profits to the Company, while offering significant expansion
opportunities for concessions and ticket sales. The Company is
nearing the close of its first major theme park acquisition, Wild
Animal Safari at Pine Mountain, Georgia. With revenues and EBITDA
of approximately $1.8 million and $900,000, respectively, Wild
Animal Safari brings strong fundamentals, an experienced management
team and a scalable operating platform to GFAM. GFAM plans to
acquire five parks over the next three years to consistently build
shareholder value." About OTC Financial Network Since 1992, OTC
Financial Network has provided consulting services and customized,
proactive investor relations campaigns to more than 500
small/micro-cap public companies. OTC Financial Network designs and
implements results-driven direct mail, electronic marketing,
shareholder communications and other programs to increase market
awareness of its clients. A partnership with OTC Financial Network
can improve a company's shareholder communications channel,
facilitate capital formation opportunities, create an expanding and
diversified base of institutional and retail shareholders, and
garner financial media coverage. OTC Financial Network is a
division of National Financial Communications Corp. based in
Needham, MA. For more information visit http://www.otcfn.com/ and
http://www.nationalfc.com/. About Great American Family Parks Great
American Family Parks is focused on buying and managing profitable
regional theme parks and themed amusement attractions in the United
States. By building a family of parks each with between 300,000 to
1 million annual attendees, GFAM is in the process of developing a
series of compatible, yet distinct entertainment and amusement
products, including themed amusement parks, associated products,
food and beverage, and multimedia offerings. Regional theme parks
are a relatively recession-proof growth market. The market for U.S.
theme and amusement parks is expected to grow at a compound annual
growth rate (CAGR) of 3.4% to $11.7 billion by 2007. Nationwide,
regional park attendance is projected to increase at a CAGR of
1.8%, to bring collective attendance to 263.8 million by 2007.
Overall revenues for America's regional theme parks is expected to
total $8.31 billion within five years. For more information, visit
http://www.weloveparks.com/. Investors should visit
http://www.otcfn.com/gfam. For more information, please contact
Rick McCaffrey, Investor Relations, OTC Financial Network,
781-444-6100 x625, . Disclaimer: OTC InvestorFacts, published by
National Financial Communications Corp., endeavors to supply its
readers with sound opinions and advice based on its analysis of
publicly available information from sources believed to be
reliable, but makes no representation as to its accuracy or
completeness. Opinions and advice of OTC InvestorFacts are not
based upon individual needs or investment objectives of readers nor
are they an offer to buy or sell securities. National Financial
Communications Corp. and the publisher of OTC Investor Facts have
received fees and compensation from the featured company, including
a monthly base fee of three thousand dollars, paid for in cash.
National Financial Communications Corp., its affiliates and
subsidiaries and/or their officers and employees may from time to
time acquire, hold or sell a position in the securities mentioned
in its profiles. This is not an offer to buy or sell securities.
Information or opinions in this release and in the OTC
InvestorFacts are presented solely for informative purposes, and
are not intended nor should they be construed as investment advice.
Additional information and a full disclaimer can be found online at
http://www.otcfn.com/gfam/disclaim.html. The Private Securities
Litigation Reform Act of 1955 provides a "Safe harbor" for
forward-looking statements. Certain of the statements contained
herein, which are not historical facts, are forward-looking
statements with respect to events, the occurrence of which involved
risks and uncertainties. These forward-looking statements may be
impacted, either positively or negatively, by various factors.
Information concerning potential factors that could affect the
company is detailed from time to time in the company's reports
filed with the Securities and Exchange Commission. DATASOURCE:
Great American Family Parks, Inc. CONTACT: Rick McCaffrey, Investor
Relations of OTC Financial Network, +1-781-444-6100, ext. 625, ,
for Great American Family Parks, Inc. Web site:
http://www.nationalfc.com/ Web site: http://www.otcfn.com/ Web
site: http://www.otcfn.com/gfam/report.html Web site:
http://www.otcfn.com/gfam http://www.weloveparks.com/
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