LAKE MARY, Fla., Jan. 13, 2009 (GLOBE NEWSWIRE) -- WGL Entertainment Holdings, Inc. (Pink Sheets:WEHI) announced today that it is extending the deadline to exchange common shares for the offered preferred share dividend to February 2, 2009. Details of the exchange can be found at www.wglentertainment.com.
"We would like to give our shareholders additional time to take advantage of the preferred share dividend and the benefits it offers," stated Mike Pagnano, CEO of WGL Entertainment Holdings, Inc.
About WGL Entertainment Holdings, Inc.:
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made-for-T.V. sports entertainment events scheduled to be produced in 2009 and beyond.
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.