The Fight Zone's Gold Recycle Corporation Targets Over 32 Million Households With New TV Campaign
April 15 2009 - 9:00AM
Marketwired
The Fight Zone, Inc.'s (PINKSHEETS: TFZI) Gold Recycle Corporation
today announced that it has launched its new television campaign
that will reach over 32 million U.S. households over the next six
weeks.
Jim Epstein, GRC President, said, "This is huge -- we're coming
out of the box with our first campaign that will reach over 32
million U.S. households in over 200 markets across the
country."
Company officials believe that for every $1m spent in
advertising the Company should generate a minimum of $4m in gold
purchases. According to Company Co-CEO Steven Humphries, "This is a
major announcement that will demonstrate just how committed we are
to this business."
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
which equals $20 billion annually.
The gold recycling business is a $30 billion annual business.
GRC Management is forecasting gross revenues of $2 to $4 million in
the first 12 months of operation.
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 1-866-786-4443
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