ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

HDUP HeadsUp Entertainment International Inc (PK)

0.00796
0.00096 (13.71%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
HeadsUp Entertainment International Inc (PK) USOTC:HDUP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00096 13.71% 0.00796 0.0051 0.0097 0.0082 0.0077 0.0082 1,225,200 22:00:00

Canadian Poker Tour Installs New Canadian Management Team

13/07/2011 2:00pm

GlobeNewswire Inc.


HeadsUp Entertainment (PK) (USOTC:HDUP)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more HeadsUp Entertainment (PK) Charts.

HeadsUp Entertainment International Inc. (Pink Sheets:HDUP) is pleased to announce that it has hired and installed Dan Forigo as President of Canadian Poker Tour Inc. a newly formed wholly owned subsidiary to consolidate the Canadian operations of its poker business. Mr. Forigo will be responsible for the re-launch of the company's marketing model to take better advantage of changing market opportunities that have arisen in Canada. In addition, a sales and marketing team has been positioned in Ontario and B.C. to expand the CPT brand, magazine distribution and tournament model as well as building the new televised tournament series that begins production this fall.

With the recent announcement of the expansion of operations into the US marketplace, the Board of Directors identified the need for a highly focused marketing team to quickly be installed and pursue growth opportunities that have arisen since the shut down of a number of US online poker sites that are driving demand to casino based tournaments throughout North America. Management believes that revenues from its Canadian operations will more than triple in 2011 and that growth is expected to continue in 2012.

"We have a tremendous amount of work to do very quickly," commented new CPT President Forigo. "The brand has a solid foundation but it is now time to furnish the mansion atop it." With the addition of new sponsors, like the recently announced deal with Poker Tax Recovery and a new monetization model for its casino tournament partnerships, management believes that they will be able to strongly contribute bottom line results towards increased shareholder value.

About HeadsUp Entertainment International Inc.

HeadsUp Entertainment International Inc. is a global media and entertainment company engaged in the creation of branded entertainment through the development, production and marketing of televised programming based on poker and other entertainment themes. For more information see the Company's website www.headsupentertainment.com.

Forward-Looking Statements:

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, not guarantees of HeadsUp Entertainment International Inc.'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: HeadsUp Entertainment International Inc.
         Investor Relations - Kelly B. Kellner
         (403) 269-9039
         Website: www.headsupentertainment.com

1 Year HeadsUp Entertainment (PK) Chart

1 Year HeadsUp Entertainment (PK) Chart

1 Month HeadsUp Entertainment (PK) Chart

1 Month HeadsUp Entertainment (PK) Chart