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Zone Entertainment Group Inc.-CDNX.ZON is in the devlopment stage of forming multiple site entertainment locations centered aroud Bowling complex with restaraunt and Brew pub facilities. The management of The Zone Entertainment Group, Inc. have conducted considerable research into the bowling entertainment business and have come to the conclusion that there is significant demand for a more sophisticated and comprehensive 'state the art' bowling entertainment experience, particularly in "entertainment malls," founded around bowling, theatres and other entertainment and recreational facilities. This has been borne out by the operating success of The Zone and Big River to date. BIG RIVER is a 'brew-pub' and restaurant. In addition to a showcase cooking line there are brewing facilities on site where up to six different beers can be brewed. These restaurants have an open format with a long bar and can accommodate large or small party groups including families. By capitalizing on the unique family entertainment environment created by locating this type of complex next to "MEGA" theatres and other recreational facilities, The Zone Entertainment Group, Inc. plans to establish a number of other centers over the next five years throughout Canada and the United States. These centers will be modeled on the flagship complex in Richmond, B.C. The Zone Entertainment Group, Inc. management team intends to increase the bottom line profitability of The Zone through a combination of tight operational controls, targeted marketing campaigns, and currently is operating with a combined annualized cash flow of over $6 Million from the Richmond location alone. They recently announced the opening of a second site in Kelowna,BC.The start of a major expansion .Investment considerations: " record breaking quarter just completed approx $4.4 million annual revenus from 1st location 2nd location grand opening this month (Approx. $4 million/yr revenues projected) excellent share structure on verge of expansion into U.S. plans to develop 40 locations over next seven years dedicated, aggressive board of direrectors. Fully Diluted Common Shares Issued and Outstanding 5,482,205 Warrants 885,715 Options 543,120 Total:6,911,040 Free float estimated at 500,000 shares so that very little buting will produce quick rise in stock price.Major announcements of new sites in USA are expected in the next month. Web site www.zone-entertainment.com IR-M.England-1-888945-4770 engcom@imag.net As always we recommend investors do their own DD before investing but we see this as a great entry level before announcements raises the level of knowledge of this successful concept and the USA build out attracts attention. | ||||||||||||
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