ActionView International Discusses Operating Plan for Coming Year, Addresses Future of Company
CORONA DEL MAR, Calif., Jan. 12, 2012 /PRNewswire/ — ActionView International, Inc. (OTC: AVEW) Chairman and Chief Executive Officer Joe Wooten today released information regarding the future of the company and its WCFC brand, stating, “We are starting off 2012 with the brightest future our company has seen in several years. Our January 20th Last Man Standing event is generating a lot of industry buzz as we showcase 16 of the top professional fighters in a single-elimination tournament that harkens back to the early days of Mixed Martial Arts. Our pay-per-view partnership with Neulion gives us an additional revenue stream as we return to our PPV roots with the ability to market to millions of potential viewers, and our contract with Fight Now TV, a national 24-hour fight channel, gives us national exposure and the opportunity to generate new advertising revenues.
“We are also exploring opportunities to bring the Last Man Standing tournaments to several international cities during 2012. Internationally, the demand for MMA continues to grow while often suffering from a lack of quality fighters and events. Should the WCFC hold international events in the coming year, we would most likely do so as part of a week-long event featuring amateur grappling and MMA tournaments, instructional seminars with MMA legends, and culminating with a Last Man Standing tournament showcasing both U.S. and local fighters. The WCFC brand continues to grow in reputation and exposure as we put on quality events showcasing top tier talent.”
Mr. Wooten also addressed questions about ActionView International’s financing, adding, “Since I took over as Chief Executive of ActionView, the company has diligently guarded every nickel of revenues and capital infusion. We have cut costs dramatically and only relied on outside capital when absolutely necessary to fund ongoing operations. At present, there are no immediate plans to reverse split our company’s stock. The stock has experienced solid liquidity, and we believe that as we reach certain operational milestones and brand awareness, the stock price will adjust to a price more indicative of the company’s value.”
About ActionView International, Inc.
ActionView International, its wholly owned MatchFights, LLC subsidiary and the World Championship Full Contact brand deliver exciting, tournament-style events to a global audience. For additional information about ActionView, please visit www.wcfc.com and join the world’s premier sports entertainment network.
ActionView International, Inc.
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