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TFZI The Fight Zone Inc (CE)

0.000001
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
The Fight Zone Inc (CE) USOTC:TFZI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

The Fight Zone Inc.'s Name Change Underway to Gold Recycle Corporation

22/07/2009 4:00pm

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The Fight Zone (CE) (USOTC:TFZI)
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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

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