Golf News for Wednesday, July 19, 2006 | Briefly

World Golf League announces name change to WGL Holdings Inc.

ORLANDO, FL -- The World Golf League, Inc. announced today that it will change its name to WGL Holdings, Inc. in order to better reflect its new business model. WGL Holdings will be the parent for WGL Entertainment, the producer of the WGL Million Dollar Shootout Reality Television Series (MDSO) and will also seek to acquire entertainment and production properties that complement its business model. The WGL also announced that it does not expect to effect a reverse merger as previously stated in its 14A filing and has amended such in a new 14C filing.

"We are moving forward with our new vision of becoming the premier producer of sports entertainment projects," said Mike Pagnano, CEO of The WGL, Inc. "Also, we expect to close several markets for the MDSO very shortly for late summer and early fall airings. Additionally, Hot Days & Hot Nights is still slated for a fall production shoot."

The WGL produces through its wholly owned subsidiary, WGL Entertainment, the WGL Million Dollar Shootout Reality Television Series and plans several other sports entertainment products.

For more information contact:
Mike Pagnano
mpagnano@wglmilliondollarshootout.com



 
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