Great American Family Parks Featured in The Wall Street Journal
BOISE, Idaho, Oct. 6 /PRNewswire-FirstCall/ -- Great American Family Parks, Inc. , a company focused on developing profitable regional theme parks in the U.S., announced today that the Company was featured in The Wall Street Journal, page A19 on October 4, 2005 in an article titled "Knowing the Business Is Vital in Face of Loss" by Paulette Thomas.
The case study discusses the relationship between Great American Family Parks CEO Dr. Larry Eastland and his late business partner Bob Klosterman. An excerpt from The Wall Street Journal states: "They [Eastland and Klosterman] spotted a couple of promising parks, and began meeting with investors. Mr. Eastland would present the demographics and marketing opportunities, but finance questions went straight to Mr. Klosterman. 'Bob was a genius with numbers,' says Mr. Eastland ... It was in July 2003, as they were completing agreements to purchase two parks, that Mr. Klosterman died suddenly of a heart attack ... Mr. Eastland lost his friend and business partner of 10 years... As they [Great American Family Parks management team] took time to regroup, one of their parks in negotiations went to another buyer. But Great American was able to acquire the Wild Animal Safari in Pine Mountain, Ga., under renegotiated terms. It's a start, and the team has identified 40 other potential parks." To read the full text version of the article, please visit http://www.otcfn.com/gfam/articles/wsj100405.html.
About Great American Family Parks
Great American Family Parks is focused on buying and managing profitable regional theme parks and themed amusement attractions in the United States. By building a family of parks each with up to 1 million annual attendees, GFAM is in the process of developing a series of compatible, yet distinct entertainment and amusement products, including themed amusement parks, associated products, food and beverage, and multimedia offerings. For more information on the Company, visit http://www.weloveparks.com/. Investors should visit http://www.otcfn.com/gfam or contact Rick McCaffrey, Investor Relations, OTC Financial Network, 781-444-6100x625, rick@otcfn.com.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.
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