Golf Entertainment (otcbb: GECC) (...soon to become the National Hispanic TV Network...) Breaks Q1 Jinx; CEO Says Four Year Loss Trend Finally Halted
SPRINGDALE, Ark., May 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- It's been four years since Golf Entertainment, Inc., (OTC Bulletin Board: GECC) reported a positive number on its bottom line in the first quarter. The last time the company reported first quarter earnings was March 1998, when it stated earnings of $83,000 on revenues of $8.1 million dollars. Since then, the first quarter report has seldom had good news for shareholders, according to the company's historical 10-Q's.
The company refined its focus within the entertainment field on January 1, 2002, when it turned from golf to Spanish language television............., yadda, yadda, yadda, yadda, yadda...........
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