Wednesday, May 9, 2012

GFMD - Stock Up 62%

Godfather Media Announces the Launch of a Professional Minor Baseball League PR Newswire   "Press Releases US - English" MISSION VIEJO, Calif. , May 9, 2012 /PRNewswire/ -- Godfather Media, Inc. (OTC: GFMD) today announced that it has launched a Professional Minor Baseball Minor League . The league will operate under the name American West Baseball League (AWBL). AWBL will operate as a summer, professional minor baseball league as well a fall and winter instructional league. The league will sell team franchise territories throughout the western United States for a franchise fee and annual league fee's from each franchisee. The fall and winter leagues will be instructional leagues. Players will pay a fee to train with ex-MLB players and coaches for a 30 day session and during the session MLB and other minor league scouts will attend the camp looking for talent to sign. AWBL has franchisees signed, in discussion or identified in the following territories: Fullerton, California Yuma, Arizona San Diego, California Palm Springs, California Mesa, Arizona Long Beach, California Irvine, California Henderson, Nevada The corporate headquarters will be in Orange County, California and the league will operate in California , Arizona , Nevada and New Mexico . Godfather Media, Inc. CEO Michael Cummings stated, "I am very excited to make this announcement, after the acquisition of the Yuma Panthers and OC Flyers I knew we were on our way in a great industry. With recent events I knew the best thing for Godfather Media, Inc. was start a new league and hire a talented staff to run the AWBL. We have formed the league, started interviewing staff and will release their names and bios as soon as we have signed agreements. I look forward to a prosperous business model and will continue to look at acquisitions and newly formed divisions within Godfather Media, Inc. " About Godfather Media, Inc. Godfather Media, Inc is an American holding company headquartered in Mission Viejo, California , that takes minor or full interest in various subsidiary companies. Godfather Media's ("GFMD") portfolio will be comprised primarily of long-term investments in small to medium market companies using cash, preferred/common stock and other equity interests. The Company's principal focus is investment in growth opportunities in sports, entertainment, and mobile and social media industries. Godfather Media generally seeks to target companies that generate free cash flow, have experienced management teams and possess strong competitive positions within their respective industries. Stay up-to-date with current events by joining Godfather Media, Inc. E-Mail Alert List. Join by going to the following link: FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Mobile and Social Media industry; the positioning of Godfather Media in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Godfather Media can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Investor Contact Information: Email: SOURCE Godfather Media, Inc.

No comments: