The Fight Zone Inc.'s Name Change Underway to Gold Recycle Corporation
23 7월 2009 - 12:00AM
Marketwired
The Fight Zone Inc. (PINKSHEETS: TFZI) today announced that the
Company has changed its name to Gold Recycle Corporation.
GRC's Co-CEO, Buckeye Epstein, said, "We've changed our name
with the State of Colorado and we are in the process of making the
change with FINRA. The name change will clear up the confusion with
regard to the Company's name and make it easier for investors to
access proper information with regard to GRC."
The metals recycling business is the second biggest source of
gold, silver and platinum. An estimated $9 billion is spent on
jewelry every year in the U.S. alone. Worldwide, between 23% and
25% of the gold supply comes from recycling. That translates into
30 million ounces of gold into the global market from recycling
which equals $20 billion annually.
The gold recycling business is a $20 billion annual business.
GRC Management is forecasting gross revenues of $2 to 4 million in
the first 12 months of operation.
This news release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. When used in this release, words such as "estimate,"
"expect," "anticipate," "projected," "planned," "forecasted" and
similar expressions are intended to identify forward-looking
statements, which are, by their very nature, no guarantees of The
Fight Zone's future operational or financial performance, and are
subject to risks and uncertainties. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this release. Due to the risks and
uncertainties, actual events may differ materially from current
expectations. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
Contact: Jennifer Goldstein 1-866-786-4443
The Fight Zone (CE) (USOTC:TFZI)
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