Genco Corporation Continues Process of Converting Rosebowl Speedway

Genco Corporation (PINK SHEETS: GNCC) has begun the process of converting the historic Rosebowl speedway into an outdoor Amphitheater in Winona, Texas. The historic Rosebowl Speedway will re-open to the public in 2012 as The Rosebowl Amphitheater. When the conversion is complete, the Rosebowl is expected to seat over 12,000 customers. According to Digital Music News, the average concert ticket price in the US for 2011 is $37.55. The Rose Bowl plans to hold over 90 concert events a year. Based on Averages, the Rosebowl could gross $40,554,000 per year on ticket sales alone. Management plans to begin Outdoor Concerts and events at the new Rosebowl Amphitheater in March of 2012. The newly opened outdoor Amphitheater will feature food concessions and an outdoor movie screen. The new and modern venue will host local and world-class entertainment consisting of live music, plays, fairs, and festivals, and outdoor surround sound cinema events.

About: Genco Corporation is a developer specializing in underutilized properties, event centers and buildings. The company also operates as a promoter, marketer and sponsor of activities such as concerts, and festivals. The Company also plans to provide souvenir-merchandising services, food and beverage at the Rosebowl Amphitheater and other sports and music related events. Management is actively seeking similar acquisitions.

www.gencocorp.com

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company or management undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Genco (CE) (USOTC:GNCC)
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