Great American Family Retains OTC Financial Network for Comprehensive Investor Relations Campaign
2004年11月19日 - 10:00PM
PRニュース・ワイアー (英語)
Great American Family Retains OTC Financial Network for
Comprehensive Investor Relations Campaign BOISE, Idaho, Nov. 19
/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 it has retained OTC
Financial Network, a division of National Financial Communications
Corp., for a comprehensive investor relations program. Geoffrey
Eiten, president of National Financial Communications, stated,
"GFAM is a profitable company with strong fundamentals. In 2003,
GFAM realized more than $4 million in total revenues with earnings
before interest, taxes, depreciation and amortization of $291,103.
The Company is well positioned to become a $100 million company
within two years through the strategic acquisition of profitable,
regional amusement parks." Eiten continued, "Theme park admission
revenues are only the beginning for GFAM. Onsite concessions and
new products can dramatically expand GFAM's potential sales. GFAM's
roll-up strategy affords it significant cross selling and
merchandising opportunities. By leveraging economies of scale, the
Company can reduce operating expenses and expand profit margins.
With a calculated expansion strategy in the $10 billion-plus theme
park industry, GFAM is an exciting investment story that warrants
increased attention from the financial community." Dr. Larry
Eastland, president of Great American Family Parks, stated, "We
chose to team with the professionals at OTC Financial Network based
on their expertise in representing companies in the micro-cap
arena. With major theme park acquisitions planned in the near
future, the timing is right to begin a targeted investor awareness
program. We look forward to increasing our transparency and
communication with existing shareholders and gaining new investors
in the company through our partnership with OTC Financial Network."
About OTC Financial Network OTC Financial Network, a division of
National Financial Communications Corp.
(http://www.nationalfc.com/) based in Needham, Massachusetts, is a
full-service financial communications and investor relations firm
that specializes in micro-cap companies. The Company's proactive
campaigns are custom designed to strengthen each client's presence
in the investment community by disseminating breaking news and
fundamental positions to spheres of influence; building upon the
client's existing shareholder base; and soliciting institutional
coverage. For more information, visit http://www.otcfn.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, . OTC Financial Network serves as special
advisor to Great American Family Parks, Inc. and has received fees
for services, including a monthly base fee of three thousand
dollars, paid for in cash. This is not an offer to buy or sell
securities. Information or opinions in this release are presented
solely for informative purposes, and are not intended nor should
they be construed as investment advice. Additional compensation
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, Web
site: http://www.nationalfc.com/ http://www.otcfn.com/
http://www.weloveparks.com/ http://www.otcfn.com/gfam
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