President of DCGR International Holdings Inc. is Holding a Conference Call on Tuesday, July 21 at 8:00 p.m.
July 17, 1998 09:48 AM
BOCA RATON, Fla.--(BUSINESS WIRE)--July 17, 1998--
-- Please Call Into 1-888-232-0361, Access Code: 590321 --
To All Shareholders and Interested Parties of DCGR International Holdings Inc. DCGR ,
Background Information:
DCGR International Holdings Inc. is a fully audited soon to be reporting Boca Raton, Fla. based company. The company was established to identify, acquire and develop businesses in markets that have not been fully developed and have great growth potential. DCGR plans to grow these businesses into "stand alone" companies that will enhance shareholders' value in the Parent Company.
Cigar Division:
DCGR's superior quality product is marketed under the Sir Don and Adolfo labels. A vertical company DCGR controls the creation of its premium cigars from the growth of the tobacco seed to the rolling process and ultimately to distribution throughout the U.S.
DCGR is a company on the rise striving to become the leader in private labeling segment of a five billion dollar cigar industry. We expect 1999 revenues to reach approximately 4 million plus in the cigar division. The potential number could be staggering with new deals in the works.
The Theme Gourmet Division:
Just as Last Vegas has developed a family theme, we at DCGR understand the need for diversification and have acquired the assets of Capi's Gourmet Market in Boca Raton, Fla. We are currently under construction in an expansion program. The themed Gourmet Market is now called Mulberry Street, which is named after the famous part of New York City called Little Italy.
We have recently signed a letter of intent with Sabatino's in Boca Raton for our second gourmet acquisition. These Delis feature the finest quality gourmet foods. Their revenues exceeded 4 million plus with a 15% net profit.
The Gourmet Market business is highly fragmented with most of the business being small, privately held companies. DCGR has already been approached by several of those companies to discuss mergers or acquisitions; they feed directly into DCGR's strategy of consolidating a fragmented market to attain a larger market share.
There is a huge market that DCGR needs only a tiny percentage of it to create substantial revenues and earnings. In the year 1999, our anticipated revenues will exceed 6 million in this division.
New Image Centers Inc.:
DCGR has signed a letter of intent to acquire New Image Centers Inc. The centers currently provide a full range of services for both men and women in the skin and hair care industry. Their services currently include the care for damaged and wrinkled skin, aged skin, and sun damaged skin via the use of micro derma brazen (skin resurfacing).
Trichology is the restoration of abused and damaged hair. Services are rendered for various problems associated with scale disorders.
The centers also provide for the prevention and restoration of hair loss by natural methods, by low level laser light therapy and medical intervention by licensed medical staff as required. The center is also currently performing surgical hair replacements via individual hair folic transplants.
The potential for franchising the skin care division is unlimited. We anticipate having nine locations opened within 12-18 months. For the year 1999 our anticipated revenues will exceed five million in this division.
To Sum It Up:
We believe that we have a company with the ability to produce increasing revenues and earnings that will substantially support a rising market value that will benefit all of our loyal shareholders.
Comments and suggestions by our shareholders are always welcome and will be considered by me personally.
Please call 1-888-482-9113.
Don Platten President
Safe Harbor Act notice: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.
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