Eagle Oil Holding Company (OTCQB: EGOH) announced the resignation
of Brian Wilmot, Chief Executive Officer, and appointed Andrew
Barwicki as the company's new Chief Executive Officer. In
conjunction with the management change, the company intends to
change its name to InPlays Sports Corp.
InPlays Sports Corp. is a New York-based company engaged in the
youth sports market. InPlays Sports Corp. allows all youth sports
organizations (little leagues, high schools, colleges, travel
organizations and independent leagues) to purchase equipment at the
actual and exact cost the manufacturers offer distributors and
retailers. We cover all sports equipment, including but not limited
to baseball, football, lacrosse, golf, as well as the hundreds of
other sports programs.
At InPlays, kids, student athletes, schools and youth sports
organizations come first and an integral part of our daily
operations is creating long-lasting partnerships and working with
them to identify their needs and provide solutions that support
their success.
The concept of affordable sports equipment has been with InPlays
since its inception. Andrew Barwicki realized the high cost of
sports equipment, all of which is attributed to the 'middle men'
(distributors & retailers), and believed a better system can be
implemented that would allow all little leagues, schools and every
youth sports organization throughout the United States an
opportunity to purchase equipment at cost.
In 2012, Andrew Barwicki purchased $16,000 worth of equipment
for a little league. If the purchases were done at cost, the total
cost would have been $9,000, saving the little league well over
$7,000 in 2012 alone. Mr. Barwicki realized and understood a system
had to be created that would allow sports equipment to be purchased
at a price that eliminated the mark ups middle men took -- the
'@COST' system was born.
Since then InPlays has shaped the future of purchasing sports
equipment for all youth sports programs by creating the single
largest distribution network in the world, creating unprecedented
value and opportunity for little leagues, schools, and all youth
sports organizations by partnering with manufacturers and therefore
eliminating the middle men and all the markups. On average, a
school system in the United States would save $27,000 annually on
sports equipment and uniforms.
Each sports organization pays InPlays an annual fee and a
handling charge for each order placed. Clients include 7,000+
little leagues, 3,000+ football programs, 740+ lacrosse leagues,
86,000 public schools, as well as private schools, independent
leagues and various sports programs. Other organizations include
Police Athletic Leagues, CYO basketball programs, Babe Ruth, among
thousands of other youth programs. In total, the estimated market
is 225,000 youth organizations in the United States alone.
ADDITIONAL CURRENT & FUTURE
BUSINESSES
1. Tournaments - InPlays will be a nationwide provider of
information and updates on tournaments. Many sports tournaments
occur every day, however, there is no single place for that type of
information. Tournament directors are advertising and promoting
their sports tournaments through expensive advertising mediums,
such as newspapers, Google, among other venues, and Coaches are
constantly scrambling to find tournaments for their teams to enter.
InPlays intends to become the leading internet destination
regarding tournament information.
2. News - InPlays will provide youth sporting news. This is a
very fragmented business throughout the United States. InPlays goal
is to be the main source for news regarding youth sports programs.
The InPlays system will allow students to be sports writers and
journalists. We can have a student from every school be an InPlays
Writer and submit their articles and sports coverage online, all of
which then gets instantly published, posted on inplays.com, and
disseminated accordingly.
3. College Scholarships - InPlays will provide all the services
to high school athletes regarding obtaining college
scholarship.
4. Message Boards - InPlays will provide every youth sports
organization with a message board. Message Boards are where people
can post messages, mainly their opinions. It is an interactive
forum that generates significant users and viewers.
5. Sports Tickets & Fundraisers - Sports Tickets will
provide a place for people to compete and win a cash prize.
Fundraisers will piggy-back the sports tickets and allow money to
go to youth sports programs.
InPlays Sports Corp. website is conveniently located at
www.inplays.com. The site is currently being developed and plans to
launch on May 1, 2013. Current operations require sports equipment
orders to be placed via telephone.
Andrew Barwicki, President & CEO of InPlays Sports Corp.,
stated, "I am pleased to have entered into this agreement with
Eagle Oil Holding Company. I wholeheartedly believe the current
operations of InPlays, combined with the unique opportunities and
diversified operations we are developing will bring an opportunity
for investors to share in our success and growth. Over the next
month we will schedule an investor conference call, during which
time all current and prospective investors will be invited to
participate by asking questions. Moreover, a plan will be discussed
regarding recapitalizing the company, cleaning up the balance sheet
and organizing the company in a manner that will include filing our
quarterly and annual results with the Securities and Exchange
Commission, implementing a Board of Directors consisting of
reputable and knowledgeable individuals, and uplisting the company
to a major exchange."
"Although I do not expect all of these things to occur
overnight, I will work as quickly as possible to address and
resolve the issues. Additionally, many hard decisions will need to
be made, including but not limited to a reverse stock split, this
said, I will establish a level of communication with shareholders
that will include quarterly conference calls and monthly updates on
inplays.com. We are also exploring the options as related to a
reverse merger or simply a company name change," concluded Mr.
Barwicki.
Andrew Barwicki is President of Barwicki Investor Relations, a
global investor relations firm representing publicly traded
companies listed on the NYSE/AMEX, NASDAQ, Australian Stock
Exchange, Toronto Stock Exchange, and companies trading on OTC and
Pink Sheets. Mr. Barwicki is President of the Island Park Little
League and has been purchasing sports equipment for numerous youth
sports organizations since 2009. Andrew has been a baseball and
basketball coach to his two children since 2006 and continues to do
so. Andrew Barwicki is the Founder of InPlays Sports Corp. and
currently serves as the President and Chief Executive Officer.
Safe Harbor Statement: This press release contains
forward-looking statements that reflect the Company's current
expectation regarding future events. Actual events could differ
materially and substantially from those projected herein and depend
on a number of factors. Certain statements in this release, and
other written or oral statements made are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934. You
should not place undue reliance on forward-looking statements since
they involve known and unknown risks, uncertainties and other
factors which are, in some cases, beyond the Company's control and
which could, and likely will, materially affect actual results,
levels of activity, performance or achievements. The Company
assumes no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. Important factors that could cause actual
results to differ materially from the Company's expectations
include, but are not limited to, those factors that are disclosed
under the heading "Risk Factors" and elsewhere in documents filed
by the Company from time to time with the United States Securities
and Exchange Commission. Please note -- As of today, Eagle Oil
Holding Company is the public company. InPlays Sports Corp. is a
private unrelated company. The name change and inclusion of InPlays
Sports Corp. business has not been completed.
All inquiries are required to be made by email.
A conference call for current and prospective investors will be
announced, via press release, by May 1, 2013. The conference call
will include a business overview and presentation by Andrew
Barwicki, and a question and answer session will follow.
Contact Information: Andrew J. Barwicki Email Contact
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