The Fight Zone Announces Strategic Marketing Plan for Gold Recycle Corp.
March 26 2009 - 9:00AM
Marketwired
The Fight Zone, Inc. (PINKSHEETS: TFZI) today announced its Gold
Recycle Corp. is finalizing marketing arrangements for the launch
of its "Cash for Gold" ads -- slated to commence next month through
an assortment of major television networks nationwide. The
strategic marketing plan will initially focus on branding, building
consumer awareness and sales through television and tradeshows
concurrent with driving sales through e-commerce channel marketing,
with a multi-faceted sales strategy offering a unique direct to
consumer plan named "Gold Parties."
In making the announcement GRC's President Jim Epstein stated,
"We are taking gold recycling directly to the grass roots consumer
level. We are assisting individuals, groups, charitable
organizations, etc. to raise money through 'Gold Parties.'
Thousands of dollars can be raised in one, quick easy-to-set-up
event. Consumers can now log onto our GRC website at
www.goldrecyclecorp.com/index.html and download everything they
need to have a successful Gold Party.
"At GRC we have a quicker, safer way for customers to send us
jewelry, gold, silver, platinum, diamonds, etc. and have 3 to 5
times higher payouts than any pawnshops, jewelry stores or other
'as seen on TV' vendors. In some instances our customers are paid
the same day using Federal Express."
The Company projects that over the next 12 months GRC will
execute over 5,000 parties throughout the USA, which we project to
generate an average of $1,200 per party therefore delivering nearly
$6,000,000 in revenue. This revenue, combined with the already
projected $4,000,000 million in consumer sales, now has the company
projecting approximately $10,000,000 in revenues in the next 12
months.
The gold recycling business is a 27 billion dollar year
industry. The metals recycling business is the second principal
source of gold, silver and platinum. An estimated $9 billion is
spent on jewelry every year in the U.S. alone. Worldwide, between
23% and 25% of the gold supply comes from recycling. That
translates into 30 million ounces of gold into the global market
from recycling.
The statements contained in this press release that are not
historical facts are forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934 ("the
Securities Act"), as amended and the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements may be
identified by, among other things, the use of forward-looking
terminology such as "believes," "expects," "may," "will," "should,"
or "anticipates" or the negative thereof or other variations
thereon or comparable terminology, or by discussions of strategy
that involve risks and uncertainties. In particular, our statements
regarding the anticipated growth of the company from our subsidiary
divisions, the anticipated longer-term growth of our business, and
the timing of the projects and trends in future operating
performance are examples of such forward-looking statements. The
forward-looking statements include risks and uncertainties,
including, but not limited to, the timing of revenues due to the
uncertainty of market acceptance and other factors, including
general economic conditions, not within our control. The factors
discussed herein and expressed from time to time in our filings
with the Securities and Exchange Commission could cause actual
results to be materially different from those expressed in or
implied by such statements. The forward-looking statements are made
only as of the date of this filing and we undertake no obligation
to publicly update such forward-looking statements to reflect
subsequent events or circumstances.
Contact: Jennifer Goldstein 972-248-2244 Ext. 103
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