VCG Holding Corp CEO and CFO to Present at Investor Conference
August 19 2005 - 11:00AM
Business Wire
VCG Holding Corp. (AMEX: PTT), VCG Holding Corp. (VCG), a leading
owner, operator and consolidator of adult nightclubs, is pleased to
announce that Troy Lowrie CEO and Donald W. Prosser CFO, will be
presenting VCG at the Solidity Capital Corporation/J.P. Turner
& Co. 2005 Summer Investor Conference on Friday, August 19,
2005. The presentation will commence at 11 am Mountain Time at the
JW Marriott Hotel in Cherry Creek, Colorado. Attendees of the
conference will include institutional investors, institutional
salespeople and retail brokers from a number of firms throughout
the country. The presentation that will be used at the conference
is currently available for access in the investor relations section
of the Company's website at www.vcgh.com. About VCG Holding Corp.
VCG Holding Corp. is an owner, operator and consolidator of adult
nightclubs throughout the United States. The Company currently owns
six adult nightclubs, one upscale dance lounge and operates seven
other adult nightclubs under management agreements. The owned and
managed clubs are located in Indianapolis, St. Louis, Denver,
Phoenix, and Louisville. Forward-looking statements Statements
contained in this press release concerning future results,
performance or expectations are forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements include statements regarding the intent,
belief or current expectations of the Company and members of its
management team, as well as assumptions on which such statements
are based. All forward-looking statements in this press release are
based upon information available to the Company on the date of this
press release. Forward-looking statements involve a number of risks
and uncertainties, and other factors, that could cause actual
results, performance or developments to differ materially from
those expressed or implied by those forward-looking statements
including the following: failure of facts to conform to necessary
management estimates and assumptions; the Company's ability to
identify and secure suitable locations for new nightclubs on
acceptable terms, open the anticipated number of new nightclubs on
time and within budget, achieve anticipated rates of same-store
sales, hire and train additional nightclub personnel and integrate
new nightclubs into its operations; the continued implementation of
the Company's business discipline over a large nightclub base;
unexpected increases in cost of sales or employee, pre-opening or
other expenses; the economic conditions in the new markets into
which the Company expands and possible uncertainties in the
customer base in these areas; fluctuations in quarterly operating
results; seasonality; changes in customer spending patterns; the
impact of any negative publicity or public attitudes; competitive
pressures from other national and regional nightclub chains;
business conditions, such as inflation or a recession, or other
negative effect on nightclub patterns, or some other negative
effect on the economy, in general, including (without limitation)
growth in the nightclub industry and the general economy; changes
in monetary and fiscal policies, laws and regulations; war,
insurrection and/or terrorist attacks on United States soil; and
other risks identified from time to time in the Company's SEC
reports, including the Annual Report on Form 10-KSB for 2004,
Quarterly Reports on Form 10-QSB and Current Reports on Form 8-K,
registration statements, press releases and other communications.
The Company undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results over time.
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