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WGL Entertainment Holdings, Inc.: WGL Entertainment Holdings, Inc. Acquires Heathrow Enterprises, LLC


Published on 2009-01-28 04:20:20, Last Modified on 2009-01-28 04:20:57 - Market Wire
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LAKE MARY, FL--(Marketwire - January 28, 2009) - WGL Entertainment Holdings, Inc. (PINKSHEETS: [ WEHI ]) is pleased to announce that it has acquired Heathrow Enterprises, LLC, a national distributor of natural food products as well as Exfuze, a very popular nutritional beverage. Heathrow Enterprises is based in Florida and generates revenue through online and call center sales. Its flagship product Exfuze is a natural beverage that was created to improve nutrition by combining seven of nature's most powerful fruits and botanicals. Over the next three years, Heathrow Enterprises, LLC is projecting sales of its natural food and beverage products to total over $20 million. Heathrow Enterprises, LLC will be a wholly owned subsidiary of WGL Entertainment Holdings, Inc. For more information, please visit [ www.incredibledrink.com ].

"We are thrilled to be entering the $100 billion wellness industry," stated Mike Pagnano, CEO of WGL Entertainment Holdings, Inc. "This marks a new direction for the company and provides an immediate revenue stream to build on. We are certain that this acquisition will significantly benefit the company and its shareholders."

About WGL Entertainment Holdings, Inc.:

WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made-for-T.V. sports entertainment events scheduled to be produced in 2009 and beyond.

To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.


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