ORLANDO, Fla., Aug. 3, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that Research Works, a respected Wall Street stock analysis firm has released a detailed research report on WGFL. Research Works specializes in under valued micro cap stocks and has an outstanding record of producing substantial profits for its client base. The report is being circulated to thousands of potential investors and can also be seen on the Research Works web site at www.stocksontheweb.com.
"This marks another milestone for the WGL and substantiates the fact that the WGL concept along with its efforts to produce an exciting reality based television series, offers tremendous upside potential for investors," said Mike Pagnano, CEO The WGL, Inc. "Our business model is totally focused and we fully expect to meet the expectations of the Research Works report," Mr. Pagnano went on to say.
The WGL markets a professional golf concept in the USA and 27 international venues, which allow average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event and world championship.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.