Historic Rosebowl Speedway to Be Converted to World Class Events Center
August 10 2011 - 5:00AM
Business Wire
Genco Corp (Pink Sheets: GNCC) is proud to introduce the
Rosebowl Amphitheater in Winona, Texas. The historic Rosebowl
Speedway will re-open to the public as The Rosebowl Amphitheater.
The conversion is planned to be completed on March 20, 2012. This
will signal a new era of entertainment in East Texas. Genco CEO
Robert Hardy stated, the “Rosebowl is one of Smith
County’s true treasures. Genco Corporation is preserving a valuable
part of Smith County, and creating more opportunities for Smith
County, and Winona, community businesses. Another wonderful forum
for unique entertainment will now be available for residents and
tourists alike to enjoy for years to come!” Originally opened in
1970's, the Rosebowl Speedway was one of Smith County’s oldest and
most cherished Automobile Dirt Race Tracks until it closed last
April for Remodeling. Management plans to begin Outdoor Concerts at
the new Rosebowl Amphitheater in March of 2012. The newly opened
outdoor Amphitheater will provide guest with increased seating
capacity, food concessions, and an outdoor movie screen, allowing
for more flexibility in its year-round operation. The new and
modern venue will host world-class entertainment consisting of live
music, plays, fairs, and festivals, and cinema events.
About Genco Corp: Genco Corporation is a real estate developer
specializing in underutilized properties, event centers and
buildings. The company also operates as a promoter, marketer and
sponsor of activities such as concerts, and festivals. The
Company also plans to provide souvenir-merchandising services,
food and beverage at the Rosebowl Amphitheater and other
sports and music related events.
Forward-Looking Statements
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. Important
factors currently known to management that could cause actual
results to differ materially from those in forward-looking
statements include fluctuation of operating results, the ability to
compete successfully, and the ability to complete before-mentioned
transactions. The Company or management 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.
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