EZ Traders Forum

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Signature Leisure, Inc. Corporate Update


Signature Leisure, Inc. (OTCBB:SGLI) announced today
that the Company recently completed the registration process to become
wholesale buyers and sellers of vehicles at five Central Florida
vehicle auction facilities. The registration at multiple auction
facilities will enhance the Company's ability to locate the
appropriate inventory for both its retail and wholesale business.
Additionally, the Company announced that it has received a line of
credit, known in the automotive industry as a "Floor Plan," from
Automotive Finance Corporation, an Allete Company. The Floor Plan will
provide Signature Leisure, Inc. with financial leverage to enable the
Company to maximize the number of vehicles the Company can maintain in
inventory.
Company Management is pleased to announce that the Company
recently began participating at the vehicle auctions where it is
registered. The Company now has a select inventory available for sale
at its location in Winter Park, FL and the Company intends to continue
building its inventory over the course of the coming weeks.
About Signature Leisure, Inc. (OTCBB:SGLI) - Signature Leisure,
Inc. is a publicly traded company trading on the OTC Bulletin Board
under the symbol SGLI. Signature Leisure, Inc., d.b.a. Signature Auto,
is presently operating a pre-owned automobile dealership located at
1111 North Orlando Ave., Winter Park, Florida 32789.

This press release contains certain "forward-looking" statements,
as defined in the United States Private Securities Litigation Reform
Act of 1995 that involve a number of risks and uncertainties.
Statements, which are not historical facts, are forward-looking
statements. The Company, through its management, makes forward-looking
public statements concerning its expected future operations,
performance and other developments. Such forward-looking statements
are necessarily estimates reflecting the Company's best judgment based
upon current information and involve a number of risks and
uncertainties, and there can be no assurance that other factors will
not affect the accuracy of such forward-looking statements. It is
impossible to identify all such factors, factors that could cause
actual results to differ materially from those estimated by the
Company. They include, but are not limited to, the Company's ability
to develop operations, the Company's ability to consummate and
complete an acquisition, the Company's access to future capital, the
successful integration of acquired companies, government regulation,
managing and maintaining growth, the effect of adverse publicity,
litigation, competition and other factors that may be identified from
time to time in the Company's public announcements.

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