Godfather Media gives update on American West Baseball League
MISSION VIEJO, Calif., June 8, 2012 /PRNewswire/ -- Godfather Media, Inc. (OTC: GFMD) is pleased to update it's shareholders on the progress of American West Baseball League.
As of June 8, 2012 the American West Baseball League has signed up a total of 4 teams with teams located at Fullerton, Long Beach, San Diego Ca. and Yuma, AZ. And 2-4 teams in discussion located in areas of California, Arizona and Nevada.
American West Baseball League has appointed all members to positions from commissioner, chief umpire, controller and legal counsel. We have presented our league logo and moved into our new corporate headquarters. We are moving forward with our plans to build one of the most reputable leagues in the independent minor league baseball.
AWBL is in the process at this time of designing our league website, discussing other territories with potential owners, planning our fall league and starting to discuss founding sponsorships opportunities with major corporations. We are also in discussions with cities regarding opportunities to build out stadiums for our franchisees.
Michael Cummings, Godfather Media, Inc. Chairman and Chief Executive Officer commented on the progress of the AWBL saying, "We are very pleased of the progress and could not be happier with how fast things are moving along, stay focused on league updates."
About Godfather Media, Inc.
Godfather Media, Inc is an American holding company headquartered in Mission Viejo, California, United States, that will take ownership with minor or 100% interest in a number of subsidiary companies. Godfather Media's ("GFMD") portfolio will be comprised primarily of long-term investments in small to medium market companies using cash, preferred/common stock and other equity interests. Our targeted investment will typically range between $500 thousand and $5 million, although this investment size may vary proportionately as the size of our capital base changes.
The Company's principal focus is to invest in growth opportunities in sports, entertainment, and mobile and social media industries. Godfather Media generally seeks to target companies that generate free cash flow, have experienced management teams and possess strong competitive positions within their respective industries.
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FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Mobile and Social Media industry; the positioning of Godfather Media in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Godfather Media can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
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