To: Theo who wrote (1155 ) 10/25/1997 3:59:00 PM From: Jodi Segal-Lankry Read Replies (1) | Respond to of 8835
Gabard, ACCY - Regarding momentum players I personally can account for 5 people holding a total of 25% of the float and we are not selling so fast. So remove ACCY as one of my "momentum" plays. Check out Bob Hadley's post below and think again. Also, I contacted the editor at Golf.com and Golf Magazine and don't be surprised if they start to cover ACCY soon. ------------------------------------------------------------------------ Great News For Those Involved with ACCY!!!!!............. ------------------------------------------------------------------------ ------------------------------------------------------------------------ Posted by Bob Hadley on October 23, 1997 at 15:07:15: My call was finally returned by ACCY. It seems that David only returned to work Monday due to his father's passing. Damian is in a different part of the country finalizing contracts, I was told. TIDBITS: I asked many questions to try and get him to leak some information. Well, he did. He informed me that Mutual of NY signed a multi-year sponsorship deal that will bring in "$$ Mid to High Six Figures". I forgot to ask if this amount was per tournament, per year, or what! I inquired about TV deals. He said that "DEFINITELY, the tournament will be on television." As we speak, both FOX and ESPN are bidding with each other for the TV rights . I was also informed that players are a mixture of both PGA and SPGA (Senior PGA) players. Also, there are more sponsorships than just the Mutual of NY. He told me that "Oh yes, there are MANY sponsors" He said they are well-known (More than Mutual NY) and will bring in a great deal of revenues. PGA SHAREHOLDERS: Another fact that suprised me was the fact that "Some of the players chose to be paid in Company stock instead of cash". This shows confidence in the company, and cuts down on cash expenses I think. He told me that PGA players are (or will) be major shareholders in the company. NEWS: In regards to news, he said that he is pushing Damian (or David, I'm not sure) to get some of the news out by Friday, but he said, when they do come out, they will come out in bunches. They have not yet announced the recent sponsorships, players, or TV deals which are presently being finalized. He talked about share price moving up drastically after news. TOURNAMENTS: They have the 1 tournament in December, and 3 tournaments next year. CONNECTIONS: Apparently, David used to work for ABC and ESPN, and that's where some connections for TV deals come from. I was told that David associates with the SPGA players like they're his next door neighbours (from his father's playing experience). It seems like they have connections for everything. I was told that "instead of having running a tournament for the PGA, we're running it for ourselves? . ONE MORE THING: This tournament was compared to the "Fred Mayer Challenge" which brought in 6.5 million$$$ I bought in today after talking with ACCY. Any comments or questions or complaints would be appreciated. Hope this helps some people, bh -------------------------------------------------------------------- Jodi