SALT LAKE CITY, July 30, 2014 /PRNewswire/ -- CMK Gaming
International, Inc. (OTC PINK: "CMKI") announced that it expects to
open its first U.S. pachinko parlor, which will be located in
Salt Lake City,
Utah. This year, the Company purchased its Japanese
wholly-owned subsidiary corporation that owns and operates three
pachinko parlors in Japan.
The majority of its subsidiaries' income is derived from its
three pachinko parlors located throughout Japan. The Company
believes that its gross profits will increase after the Company's
first year of operating its U.S. pachinko parlor, in 2014.
Ms. Shana Weiner, the Company's
Managing Director, said, "The Company's first U.S. pachinko parlor
should generate great interest and excitement within the
Salt Lake City community.
From there we plan to capitalize on the excitement of the pachinko
parlors by strategically placing them in communities that seek
exciting new entertainment venues." The Company encourages
those interested in the Company to review the Company's entire
financial statements and financial notes which are filed as
Supplemental information on the CMKI webpage located on the OTC
website, at www.otcmarkets.com.
Pachinko is a mixture of slot machine and pinball. Players try
to direct the balls into special holes that will win the player
points and exchange those points for gifts at the parlor's gift
shop. Like with slot machines, there is a variety of different
types of these machines located in pachinko parlors and a player
can win if the same three pictures appear or the balls are properly
guided to a certain location of the game panel. Both men and women
play pachinko and it is said that there are even a few pachinko
professionals. If you win balls, you can exchange them into
goods that are available in the parlor's gift shop.
About CMK Gaming International, Inc. CMK Gaming
International, Inc. was originally incorporated in Colorado.
The Company's intent was to pursue oil-drilling projects throughout
the United States. The Company
pursued several projects in Wyoming and Texas but they later proved uneconomical and
in October, 2013, the company purchased a Nevada corporation known as CMK Gaming
International, Inc. CMK, which owned and operated three pachinko
parlors in Japan, become the
Company's wholly-owned subsidiary. The Company's gaming
centers offer customers the opportunity to play pachinko. The
Company plans to own and operate pachinko parlors throughout
the United States.
Forward-Looking Statements – Statements about the
Company's future expectations and all other statements in this
press release other than historical facts, are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The Company intends that such forward-looking
statements be subject to the safe harbors created thereby. The
above information contains information relating to the Company that
is based on the beliefs of the Company and/or its management, as
well as assumptions made by any information currently available to
the Company or its management. When used in this document, the
words "anticipate," "estimate," "expect," "intend," "plans,"
"projects," and similar expressions, as they relate to the Company
or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
SOURCE CMK Gaming International, Inc.