WEHI.0001.ALERT.Key points for a rocket.1)Company buying back 1,5 Billion shares out of the 2 billion on O/S=HUGEEEEEE.
When that happens stock should rock bigly.
2)They already bought 600 million.
3)Closing of the acquisition of Stemtronics in 20 days.
4)"WGL Million Dollar Shootout" (MDSO) continues to air on the CSS
network and plans for a national airing are still on course. The MDSO
will also begin airing in September in five European countries
including the United Kingdom, Germany, France, Italy and Spain.
5)retirement of our two convertible debentures.
6)To become fully reporting and up to
date on all required SEC filings within the next 75 days.
7)The stock could see .001 Imo.With all the Above.
8)After we get out the sellers of .0002, like we did on FFGO,then the .0003, and .0004,and .0005s will be coming faster Imo.
(COMTEX) B: WGL Entertainment Holdings, Inc. Continued Update ( Market Wir
B: WGL Entertainment Holdings, Inc. Continued Update ( Market Wire )
LAKE MARY, FL, Jul 23, 2008 (MARKET WIRE via COMTEX) --
WGL Entertainment Holdings, Inc. (PINKSHEETS: WEHI) announced today
that it has continued with its common stock repurchase program. As of
today, over 600 million shares have been repurchased. We plan on
buying back up to 1.5 billion shares of the 2 billion shares
outstanding. In addition, the acquisition of Stemtronics, a stem cell
research company who owns several major patents in the stem cell
treatment market, is on track to close within the next 20 days. The
"WGL Million Dollar Shootout" (MDSO) continues to air on the CSS
network and plans for a national airing are still on course. The MDSO
will also begin airing in September in five European countries
including the United Kingdom, Germany, France, Italy and Spain.
"We continue to make progress on several fronts, along with the
Stemtronics acquisition, we are looking at two additional acquisitions
to broaden our portfolio and diversification of WGL Entertainment
Holdings, Inc. We continue to move forward on the retirement of our
two convertible debentures and to become fully reporting and up to
date on all required SEC filings within the next 75 days. The second
half of 2008 will be an exciting period for WGL Entertainment
Holdings, Inc. and its shareholders," said Mike Pagnano, CEO, WGL
Entertainment Holdings, Inc. "Thanks to all of our shareholders for
their patience and continued support."
WGL Entertainment Holdings, Inc., through its subsidiary WGL
Entertainment, is the producer of the "WGL Million Dollar Shootout"
Reality Television Series and several other made for T.V. sports
entertainment events scheduled to be produced in 2008 and beyond.
To the extent that statements in this press release are not strictly
historical, including statements as to revenue projections, business
strategy, outlook, objectives, future milestones, plans, intentions,
goals, future financial conditions, future collaboration agreements,
the success of the Company's development, events conditioned on
stockholder or other approval, or otherwise as to future events, such
statements are forward-looking, and are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. The forward-looking statements contained in this release are
subject to certain risks and uncertainties that could cause actual
results to differ materially from the statements made.
For more information contact:
Michael Pagnano
WGL Entertainment Holdings, Inc.
1-407-833-7931
SOURCE: WGL Entertainment Holdings, Inc.
Copyright 2008 Market Wire, All rights reserved.
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