Conihasset's Wholly Owned Subsidiary MH Gaming Begins Shuttle Bus Service for Arcade Customers
September 20 2011 - 11:36AM
Marketwired
Conihasset Capital Partners (PINKSHEETS: CNHA) announced today that
its wholly owned subsidiary MH Gaming ("MHG") has commenced a free
shuttle bus service from large residential developments to its
senior arcades in Sebastian and Melbourne, Florida. The first
shuttle bus was acquired on September 9, 2011 and went into service
on September 18, 2011.
"This is an important initiative for MHG as we prepare for the
busy season right around the corner," said Richard Bailey,
President and Chief Executive Officer of Conihasset. "The shuttle
bus allows our customers to spend time enjoying our arcades without
having to worry about transportation to and from our facilities. We
believe that this is a cost effective, value added service for us
and part of our goal to constantly improve the customer experience.
We also intend this to serve as great way to help base load our
business year round and not just provide incremental business
during the busy season," he added.
MHG began test marketing this initiative in July and received
highly positive feedback from Activities Directors at some of the
larger residential communities in Brevard and Indian River
Counties. "What we found in our testing of this concept was that
Activities Directors at these large residential communities are
constantly looking for entertainment opportunities for their
residents," stated Tom Melina, MHG's Chief Operating Officer. "As a
result," Melina added, "we are able to offer the residents of these
large communities a simple and free way to spend three hours at one
of our facilities, play our skill based games and enjoy a meal or
snack in a clean, safe and comfortable environment."
About Conihasset: Conihasset Capital
Partners, Inc. is a holding company quoted on the OTC Pink Market
under the ticker symbol CNHA. The Company's primary operating
subsidiary is MH Gaming ("MHG"), which currently owns and manages
senior entertainment arcades in the state of Florida.
FORWARD-LOOKING STATEMENTS: Statements
included in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 (the "1995 Act"). Words
such as "believe," "expect," "anticipate," "intend," "look
forward," "opportunities," "potential," and similar expressions
identify forward-looking statements. The Company cautions readers
that forward-looking statements reflect the Company's current
expectations and assumptions that are subject to certain risks and
uncertainties which could cause actual results to differ materially
from those projected in the forward-looking statements. Statements
made herein are made in reliance on the safe harbor for
forward-looking statements contained in the 1995 Act. The Company
assumes no obligation to update or revise any forward-looking
statements made herein or any other forward-looking statements
otherwise made by the Company.
Contact: Richard Bailey 617-320-8347