RICHARDSON, Texas, Oct. 03, 2018 (GLOBE NEWSWIRE) -- VGTel, Inc. (OTCPK:VGTL, or the “Company”) is pleased to announce that, in coordination with its management agreement with Into The Night Management, it has retained two of Dallas’ top nightlife and event promotion groups to enhance attendance at Don’t Tell Supper Club.
"I’m excited to be able to leverage some of my standing relationships to assure that this upcoming acquisition has the highest probability for explosive growth,” stated Avi Adri, currently working with VGTel, Inc. to grow its business model.
The contracts with the nightlife and event promotions groups are scheduled to close simultaneous with the acquisition of the Don’t Tell Supper Club by VGTel, Inc. “These groups come with huge followings that will further drive attendance to Don’t Tell further enhancing the business’s bottom line. One of the nightlife promotion companies that we will be using is PartyChaser.com, whom I have had the privilege of working with many times in my career” further comments Mr. Adri.
Don’t Tell Supper Club is a unique sensory experience featuring a 5-star restaurant and bar, as well as a nightclub featuring live entertainment and performances and concluding each night with a Las Vegas like nightclub setting. Don’t Tell Supper Club has become an iconic venue in the Dallas market and the concept has achieved great success since opening its doors in July of 2017 achieving gross sales of nearly $3 million USD in its first year of operation. The company has released that the transaction is scheduled to close very soon.
About VGTel, Inc.
VGTel, Inc., was a multi-platform company seeking to offer products and support in the entertainment industry, with a focus on a strategy of growing and building business units through investments and acquisitions and with an emphasis on capitalizing on the increasing demand for ultra-high definition (UHD) or 4K content.
Currently, the Company is pursuing broader areas of entertainment, including but not limited to hospitality, nightlife, restaurants, digital media, branding and marketing, and talent acquisition and management with a principal business objective for the next 12 months and beyond to achieve long-term growth potential through starting up a new business and/or a combination with an existing business.
About Avi Adri and Into The Night Management Group, Inc.
Mr. Adri started his journey in nightlife at the age of 16 as Dallas’ biggest promoter for the nightclub, Xenon. It was here that he began his DJ career where he toured the US building his nightlife relationships and expanding his network on a worldwide basis. At the age of 18, Avi opened his first venue in the well-known Dallas neighborhood of Deep Ellum. It is from these experiences that led Avi to open the legendary Dallas nightclub, Area 51, which was extremely popular and drew crowds from all over the United States.
Throughout his career, Avi proceeded with opening more memorable Dallas ventures and venues such as Tantra, Republic, Aura lounge, and Levu. Avi has also been widely used to consult on a variety of other projects and ventures such as Ampersand in New Orleans. Avi and Into The Night Management Group, Inc. were also one of the founders of the Electric Music Festival as held in Playa del Carmen known as “Electric Playa” which drew crowds of tens of thousands from all over the world in March of 2016.
Avi has been, and continues to be, a Dallas pioneer in producing and promoting celebrity events, parties, and concerts both in Dallas and all over the United States and Mexico for over 25 years, including celebrity hosted Super Bowl parties and for Maxim Magazine. Through the years, Avi has worked with such celebrities and artists as Paris Hilton, Shaquille O’Neal, David Blain, the Chainsmokers, Nicky Romero, DJ Rhiannon, Cazzette, Helena, Sharram, Fedde Le Grande, Paul Oakenfold, Markus Schultz, Plastik Funk, and Robbie Rivera.
Follow Into The Night Management Group, Inc. on Facebook at https://www.facebook.com/intothenightgroup/
Cautionary Statement Regarding Forward-Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target”, “intend” and “expect” and similar expressions, as they relate to the Company, its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
Company Contact:
info@vgtelinc.com
http://vgtelinc.com/investor-relations
Investor Relations Contact:
Stuart Smith
512-267-2430
SmallCapVoice.com
ssmith@smallcapvoice.com