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Collectible Concepts Group, Inc. (CCNG)
Looks to Acquire Sports Related Companies
Friday July 13, 10:00 am ET
DOYLESTOWN, Pa.--(BUSINESS WIRE)--Collectible Concepts Group, Inc. (OTCBB:CCNG
- News) has announced that it intends to initiate a search for the acquisition
of companies in the sports marketing or licensed products industries.
"By locating and acquiring complementary businesses we can quickly introduce
new products, enhance our distribution, improve efficiencies and increase our
sales. Our goal is to locate businesses that will instantly increase CCNG's
revenues to over $5 million in annual sales," says CCNG President, Paul
Lipschutz.
With over 15 years experience in the marketing, sales and distribution of licensed
products, CCNG intends to use its expertise in the marketplace to locate appropriate
businesses where sales of both companies will be significantly enhanced by a
friendly union of the two. In addition to increased revenues, the costs of sales,
marketing, licensing and other expenditures can be reduced thus improving the
bottom line.
About Collectible Concepts Group
Collectible Concepts Group, Inc. develops and markets unique licensed sports
and entertainment collectible merchandise for specialty, mass retail and online
distribution. Nationally recognized in direct response marketing, replica design,
mass-market distribution and e-commerce marketing, Collectible Concepts and
its products are renowned both for quality and authenticity. For more information,
visit: www.collectibleconcepts.com or www.otcfn.com/ccng.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"),
and as such, may involve risks and uncertainties. Forward-looking statements,
which are based on certain assumptions and describe future plans, strategies,
and expectations, are generally identifiable by the use of words such as "believe",
"expect", "intend", "anticipate", "estimate",
"project", or similar expressions. These forward-looking statements
relate to, among other things, expectations of the business environment in which
the Company operates, projections of future performance, potential future performance,
perceived opportunities in the market, and statements regarding the Company's
mission and vision. The Company's actual results, performance, and achievements
may differ materially from the results, performance, and achievements expressed
or implied in such forward-looking statements
Contact:
Collectible Concepts Group, Inc., Doylestown
Paul Lipschutz, 215-491-1075
Email: psl@collectibleconceptsgroup.com
Web: http://www.collectibleconcepts.com
Source: Collectible Concepts Group, Inc.