ORLANDO, Fla., June 09, 2022 (GLOBE NEWSWIRE) -- GlobalYouthGames.com ($GYGC) announces new direction under CEO Shane Jones with live-streaming youth sports with a fundraising mechanism along with youth entertainment and training facilities. Global Youth Games (GYGC) is a diversified company with a focus on corporate acquisitions, mergers, private equity, real estate, and tailored consultations.
Through owning majority stakes in its subsidiary companies GYGC seeks to maximize the value of assets and continue with a mindset of growth and building shareholder value.
Our main area of focus will be live streaming pay per view for sports and entertainment. Our live streaming projects will provide fundraising opportunities for kids sports of all ages. We will be launching KidsPlayLive.com for youth travel ball and league venues, LiveYouthSports.com for high schools and NcaaLivestream.com for colleges to cover all sports and arenas with permanent cameras. A percentage of revenues from pay per views and sponsorships will go back to league/school as a fundraiser at no cost ever to them. Each segment of our livestreaming is expected to bring in $15-$20 million in revenues in first year after setup with additional revenues from TV rights distribution. GYGC is also in the development phase of building a chain of youth sports training and entertainment facilities. These facilities will include bowling alley, skating rink, sports training, batting cages, arcade, along with full restaurant and bar with initial locations planning to open in Michigan, Indiana, and Florida. Global Youth Games will also focus on distressed companies and real estate in need of rehabilitation with high-profit margin potential.
Forward-Looking Statements. This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "likely," "seek," "project," "model," "ongoing," "will," "should," "forecast," "outlook" or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections as well as our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of GYGC.
Shane Jones/CEO
GlobalYouthGames.com
954-314-2281
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