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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 |
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
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