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Monday, 08/04/2008 8:54:53 AM

Monday, August 04, 2008 8:54:53 AM

Post# of 13617
WEHI .0001: Bottom, Lotto, News, Retiring Shares, Acquisitions, MOMO Play. News Below:

WGL Entertainment Holdings, Inc. Is Approved to Raise up to Six Million Dollars
via Rule 3(a)(10)

LAKE MARY, FL, Aug 04, 2008 (MARKET WIRE via COMTEX) -- WGL Entertainment
Holdings, Inc. (PINKSHEETS: WEHI) announced today that it has been approved to
raise up to $6,000,000 pursuant to Section 3(a)(10) of the Securities Act and
Section 517.061 of the Florida Securities Act (collectively, the "Exemption
Status"). The ruling was granted by the Circuit Court of the Eighteenth Judicial
Circuit in and for Seminole County, Florida. The funds will be raised through
private investment and be used to acquire profitable firms in the Medical and
Entertainment industry.

"This is a significant milestone for WGL Entertainment Holdings, Inc. The influx
of capital will substantially strengthen our balance sheet as well as bring
substantial value to our shareholders," said Mike Pagnano, CEO, WGL Entertainment
Holdings, Inc. "Upon completion of the capital raise, we intend to retire 95% of
all outstanding common shares and acquire at least three separate profitable
entities. The raise will commence immediately following our merger with
Stemtronics Inc."

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





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