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Monday, July 05, 2010 2:44:12 PM
MIAMI, July 1, 2010 /PRNewswire via COMTEX/ -- Warrior Girl Corp. (Pink Sheets: WRGL) is pleased to provide shareholders with financial projections for its recently acquired company, Advanced Career Education Services (ACES).
In April 2010, WRGL announced that it acquired ACES, which is involved in providing on-line education services resulting in basic diplomas and degrees for those who would not otherwise have the opportunity to earn a high school degree due to family, cultural, or economic challenges.
ACES offers the educational services of a fully licensed U.S. high school through a fast track program for students who have successfully completed a good portion of their high school education yet have fallen short of receiving their high school diploma.
ACES will offer its proprietary high school education online and offline, strive to keep costs low, quality high, and offer assistance to students through completion of each course.
One of ACES' goals is to combat the unsustainably high dropout rate from schools in the U.S. We believe that, based on the initial response from prospective applicants that revenues within the first year of operation should approximate $2,695,202 from our initial virtual high school with approximately 2,225 students, as well as an additional 2,025 students from our advanced high school, and vocational school.
Second year revenues are projected at $8,959,055 from continued growth from year one launches, another Vocational Educational School launch with 390 students, Pedigree High School Launch with 135 students, and another acquisition with 220 students.
Year three revenues are projected at $27,267,396 with gross earnings in excess of $9,088,937 from continued growth in previous brands and the acquisition of two more schools, one with 275 total students, and the other with 100, and one more internal launch with 50 students.
Revenues at any phase could be accelerated even faster with an injection of further capital, but in any case, once new programs are launched revenue will be generated quickly and result in exponential growth.
By year five we plan to be at 81,415 students and at $245,801,395 ($3,019/student) in revenues and $75,030,488 in gross earnings, and have completed two major acquisitions, one in the university space.
About Warrior Girl Corporation:
Warrior Girl Corporation is focused on providing a quality education both online and in the classroom. Course offering will focus on the top three growth employment industries worldwide: healthcare, technology and energy. On April 19, 2010, WRGL signed a letter of intent to acquire Advanced Career Education Services (ACES). ACES' is a private, non-public, high school, providing correspondence based distance-learning courses leading to graduation and the awarding of a high school diploma.
Its mission is to educate people around the world who desire a high school diploma provided by a private, non-public, high school through the convenience of home-study courses. Help is now available for people, who do not have the opportunity to complete high school, for a variety of reasons.
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