Signature Announces Increase in Revenues
CASSELBERRY, FL–(MARKET WIRE)–Signature Leisure, Inc. (OTC BB:SGLS.OB – News) announced that the company’s revenues increased over 1,600% during the first quarter of 2007 compared to the same quarter in 2006.
Total operating expenses were reduced by $380,429 during the first quarter of 2007 compared to the same quarter 2006. And the company’s net loss was reduced by $561,770 the first quarter of 2007 compared to the same quarter in 2006. For more information on Signature’s complete financial statements, please review the company’s recent 10-QSB filing available on the S.E.C. website.
Stephen W. Carnes, President of Signature Leisure, Inc., stated, “I believe that company management has made significant strides to increase revenues and decrease operating expenses. The new business model that we launched in January to provide investor relation services to public companies in addition to providing consulting services to private companies has significantly contributed to the company’s overall improvements.”
Carnes further stated, “I am very pleased with the successful launch of the new business model and how it has contributed to an improvement in our first quarter financials. We will continue to work diligently on expanding operations within this division.
“I also am pleased to announce that Revenge Designs, LLC recently attended the sixth annual Midwest Automotive Media Association Spring Collection event in Elkhart Lake, WI,” Carnes stated. For more information about the event CLICK HERE.
About Signature Leisure, Inc. (OTC BB:SGLS.OB – News) — Signature Leisure, Inc. is a publicly traded company trading on the OTC Bulletin Board under the symbol SGLS. For more information about Signature Leisure, Inc., please visit the Company’s website at http://www.signatureleisure.com.
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 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. Additionally, other risks include, but are not limited to, the company’s ability to continue to develop operations, 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.
Contact:
Contact:
Signature Leisure, Inc.
Stephen W. Carnes
407-599-2886
info@signatureleisure.com
Source: Signature Leisure, Inc.
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