The Fight Zone, Inc.'s (PINKSHEETS: TFZI) subsidiary Gold Recycle Corporation today announced the launch of the "Friends and Family" Program.

GRC's President Jim Epstein said, "Our customers can now log onto our GRC website and register their friends and family members to participate in our program. Once they have registered friends or family members that send in a minimum of 20 penny weights of gold, the registrant as well as the family member will receive a $50.00 American Express Gift Card. We simply want to thank our charter users and reward them for referring 'Friends and Family' to Gold Recycle Corporation."

Gold Recycle Corporation projects that each member will refer a minimum of 6 friends and family members, which translates into $3,000 per member. We project that over 25,000 members will register friends and family over the next 12 months which will generate approximately $7.5 million in new revenue for the Company.

Epstein added, "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 gold recycling business is a 20 billion dollar a year industry. The metals recycling business is the second biggest 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 866-786-4443

The Fight Zone (CE) (USOTC:TFZI)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more The Fight Zone (CE) Charts.
The Fight Zone (CE) (USOTC:TFZI)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more The Fight Zone (CE) Charts.