ORLANDO, Fla., March 9, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that based on the early results of its Wholesale Membership Program, it has forecasted a 35% redemption rate or $12,000,000 in sales for 2005. Several test promotions have generated better than expected results, while the WGL expects to expand the program through additional corporate outlets.
"We are very confident that the Wholesale Member Program will continue to grow and be further enhanced by the WGL exposure generated from the WGL Million Dollar Shootout to air this summer," said Mike Pagnano, CEO of The WGL, Inc. We expect to host at least four corporate sponsored National Events in 2005, each with a prize pool exceeding $300,000," Mr. Pagnano went on to say. The WGL has awarded over $1,000,000 in prize money to date.
The World Golf League markets a professional golf concept, through wholesale distribution channels in the USA, which allow average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national championship. The WGL also produces the WGL Million Dollar Reality Television Concept.
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