HeadsUp Entertainment Posts Quarterly Financial Statements
January 08 2010 - 10:17AM
Marketwired
HeadsUp Entertainment International Inc. (PINK SHEETS: HDUP) is
pleased to announce that it has registered with the electronic
information service, OTCIQ. The Company has posted its last 3
quarterly financial statements which can be viewed at
www.pinksheets.com and have been upgraded to their limited
information status. This is the first of a series of steps in which
the Company is taking to become fully reporting in order to ensure
shareholders have access to monitor Company performance.
The Company realized substantial growth in 2009, sanctioning 362
events under its Canadian Poker Tour (CPT) brand up from 71 since
it acquired the tour in 2008 and looks to increase that number to
over 560 events in 2010. With the success of its magazine (Canadian
Poker Player) and the upcoming launch of its online poker
television network, the Company expects continued growth in
infrastructure and revenues in the upcoming year.
In 2009, the CPT launched a player's membership program that
added an additional revenue stream for its player base across the
country and is continuing to add new sponsorship partners and
benefits for its members. The Company plans to target the B.C. and
Ontario markets aggressively in the upcoming year as well as
developing its poker tourism business. The CPT has partnered with
the World Poker Showdown to host a Poker Super Cruise, April 25 to
May 2, 2010 on Royal Caribbean Cruise Line's "Freedom of the Seas".
Further details can be found on the Company's website.
About HeadsUp Entertainment International Inc.
HeadsUp Entertainment International Inc. is a global media and
entertainment company engaged in the creation of branded
entertainment through the development, production and marketing of
televised programming based on poker and other entertainment
themes. For more information see the Company's websites
www.headsupentertainment.com and www.canadianpokertour.tv.
Forward-Looking Statements:
This news release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. When used in this release, words such as "estimate,"
"expect," "anticipate," "projected," "planned," forecasted" and
similar expressions are intended to identify forward-looking
statements, which are, by their very nature, not guarantees of
HeadsUp Entertainment International Inc.'s future operational or
financial performance, and are subject to risks and uncertainties.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Due to the risks and uncertainties, actual events may
differ materially from current expectations. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Source: HeadsUp Entertainment International Inc.
Contacts: HeadsUp Entertainment International Inc. Investor
Relations (403) 269-9039 www.headsupentertainment.com
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