GNCC Aug 10th news:
Genco Corp (Pink Sheets: GNCC) is proud to introduce the Rosebowl Amphitheater in Winona, Texas. The historic Rosebowl Speedway will re-open to the public as The Rosebowl Amphitheater. The conversion is planned to be completed on March 20, 2012. This will signal a new era of entertainment in East Texas. Genco CEO Robert Hardy stated, the “Rosebowl is one of Smith County’s true treasures. Genco Corporation is preserving a valuable part of Smith County, and creating more opportunities for Smith County, and Winona, community businesses. Another wonderful forum for unique entertainment will now be available for residents and tourists alike to enjoy for years to come!” Originally opened in 1970's, the Rosebowl Speedway was one of Smith County’s oldest and most cherished Automobile Dirt Race Tracks until it closed last April for Remodeling. Management plans to begin Outdoor Concerts at the new Rosebowl Amphitheater in March of 2012. The newly opened outdoor Amphitheater will provide guest with increased seating capacity, food concessions, and an outdoor movie screen, allowing for more flexibility in its year-round operation. The new and modern venue will host world-class entertainment consisting of live music, plays, fairs, and festivals, and cinema events.
About Genco Corp: Genco Corporation is a real estate developer specializing in underutilized properties, event centers and buildings. The company also operates as a promoter, marketer and sponsor of activities such as concerts, and festivals. The Company also plans to provide souvenir-merchandising services, food and beverage at the Rosebowl Amphitheater and other sports and music related events.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company or management undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.
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