VCG Holding Corp. Names Donald Prosser as Interim Chief Financial Officer
April 03 2008 - 8:00AM
Business Wire
VCG Holding Corp. (NASDAQ: VCGH), a growing and leading
consolidator and operator of adult nightclubs, today announced
Donald Prosser has been named interim Chief Financial and
Accounting Officer. Mr. Prosser was Chief Financial and Accounting
Officer and a Member of the VCG Board from 2002 to August 2007,
when he was named Assistant CFO. Mr. Prosser then focused his
efforts on providing financial support for VCG acquisitions. Troy
Lowrie, Chairman and CEO, stated: �We are pleased that Don is
available to lead the financial team during this transition. His
fourteen years in the industry and nine years with the Company will
provide a seamless transition. I am pleased too that Brent Lewis,
our former CFO will be available to assist during this transition
period.� About VCG Holding Corp. VCG Holding Corp. is an owner,
operator, and consolidator of adult nightclubs throughout the
United States. The Company currently owns 19 adult nightclubs and
one upscale dance lounge. The night clubs are located in
Indianapolis, IN, St. Louis, MO, Denver and Colorado Springs, CO,
Ft. Worth and Dallas, TX, Raleigh, NC, Minneapolis, MN, Louisville,
KY, Portland, ME, and Miami, FL. Forward-Looking Statements:
Certain statements in this release are forward-looking statements
within the meaning of the Securities Litigation Reform Act of 1995.
Such statements are based on current expectations, estimates and
projections about the Company�s business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks and uncertainties that are
difficult to predict. Therefore, actual outcomes and results may
differ materially from what is expressed or forecasted in such
forward-looking statements due to numerous factors identified from
time to time in the Company�s reports with the Securities and
Exchange Commission, including our Annual Report on Form 10-KSB for
the year ended December 31, 2006. All forward-looking statements
attributable to us or any persons acting on our behalf are
expressly qualified in their entirety by these cautionary
statements. All guidance and forward-looking statements in this
press release are made as of the date hereof and we do not
undertake any obligation to update any forecast or forward-looking
statements, except as may be required by law.
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