OTC Financial Network Issues Strongly Favorable Report on Great American Family Parks
2004年12月22日 - 1:34AM
PRニュース・ワイアー (英語)
OTC Financial Network Issues Strongly Favorable Report on Great
American Family Parks BOISE, Idaho, Dec. 21 /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 a strongly favorable
InvestorFacts report on the Company. The report includes a profile
of the Company's acquisitions and growth strategies, 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 ext. 629 for reprints. Geoffrey Eiten, president of
National Financial Communications, stated, "GFAM follows a
successful business strategy deployed by entertainment firms such
as Disney and Cedar Fair by blending self-contained profit centers,
cross-promotional products, and related merchandising to deliver
sustainable profits. Rather than compete directly with larger,
international parks, GFAM is targeting acquisitions within the
middle market parks entertainment industry, which offers greater
insulation against recession and is ripe for consolidation. GFAM is
pursuing the roll-up of profitable parks in small- to medium-sized
urban areas, with annual attendance between 300,000 and one million
persons. These parks may, in many cases, be purchased at a
discount, carrying relatively greater upside opportunity for its
investors." Eiten concluded, "The Company is aggressively moving
forward with its plans to close on up to five acquisitions over the
next two years, positioning it to generate increasing returns."
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, . 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. For more
information, contact: OTC Financial Network Gary Geraci, Investor
Relations 781-444-6100 x629 See also http://www.otcfn.com/
DATASOURCE: Great American Family Parks, Inc. CONTACT: Investor
Relations, Gary Geraci, ext. 629, , or Rick McCaffrey, x625, , both
of OTC Financial Network. +1-781-444-6100 Web site:
http://www.otcfn.com/ Web site: http://www.weloveparks.com/
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