Signature Leisure Announces Sales Figures
WINTER PARK, Fla.--March 17, 2004--Signature Leisure, Inc. (OTCBB:SGLI) announced today that the Company sold its first six vehicles during the week of March 8th, 2004. Management is pleased to make the announcement that the Company has started generating revenues at its Signature Auto location in Winter Park, FL.As a small corporation, Signature Leisure is particularly sensitive to the needs of its shareholders. The company recently made the decision to adapt its business plan in order to improve the company's ability to generate revenues. These inaugural sales complete the start-up phase of the Company's new plan of operations.
Stephen Carnes, CEO of Signature Leisure, Inc. stated: "Today's announcement is noteworthy in that the Company has actually started to generate revenues at its Signature Auto location. The Company is investigating options to develop and ramp-up a marketing campaign for the location; we hope sales will increase accordingly once we initiate advertising for Signature Auto."
Additionally, Carnes stated: "I am pleased that the Company has been able to show some progress in its business strategy of operating a pre-owned automobile dealership. I am very happy with the progress that we have made since making the announcement this past January that the Company had received approval to operate as an independent dealer in motor vehicles. With that said, the Company will have to continue to put forth efforts to increase its visibility in the local community to achieve the level of sales we feel is viable for the sales location in Winter Park."
About Signature Leisure, Inc. (OTCBB:SGLI) - Signature Leisure, Inc. is a publicly traded company trading on the OTC Bulletin Board under the symbol SGLI. Signature Leisure, Inc., d.b.a. Signature Auto, is presently operating a pre-owned automobile dealership located at 1111 North Orlando Ave, Winter Park, Florida 32789.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.