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MISSION VIEJO, Calif., (http://www.financialnewsmedia.com
News Alert) -- Embark Holdings, Inc. (OTC:GFMD) the parent company to American West Baseball League (a Professional Minor Baseball League) is pleased to announce the signing of an LOI agreement between American West Baseball League (AWBL) and an individual whom will be announced in the future for a Northern California Territory.
The individual that has signed the LOI is in the process of working on a new stadium to be built and is shooting to play ball in the 2014 season. As soon as the city approves the feasibility study, the next step will be to get an architect to design the stadium and begin construction. AWBL will make further announcements has the process moves forward.
“The agreement between AWBL and the individual is another great addition to our league as we continue to grow rapidly through strategic territories, such as Northern California. With this addition, we've achieved a significant milestone and look forward to our continued success, “stated Michael Cummings, AWBL CEO. In addition, the synergies and partnership will play a significant role in the expansion of American West Baseball League to the North also; will enhance our ability to be one of the top rated minor baseball leagues on the West Coast."
About American West Baseball League (AWBL)
American West Baseball League was formed in 2012 and will play its inaugural season in 2013. The league was founded by Michael Cummings, after acquiring 2 teams which played in another league that ceased operations 30 days after the acquisitions.
Cummings, a Southern California native, decided to create a new league that would support the team members and their organizations, provide an opportunity that ball players would be looked at by scouts and other leagues, all the while providing Fun Friendly, Family Entertainment. AWBL will operate in cities not served by Major or Minor League Baseball teams and is an Independent Minor Baseball League. Though not part of the official minor league system, its level of play is considered to be comparable to A-AA level.
About Embark Holdings, Inc.
Founded in 1985 and headquartered in Mission Viejo, California, United States, our business model is to research, evaluate, and acquire profitable private firms in the business segments of entertainment, technology, medical, energy, and business services for the benefit of our shareholders.
By providing the financial and human capital necessary to deal with the overwhelming administrative, planning, governance, compliance, and regulatory issues that abound, our partners can focus their energy and flourish.
Stay up-to-date with current events by joining Embark Holdings, Inc. E-Mail Alert List. Join by going to the following: email@example.com
FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the holding industry; the positioning of Embark Holdings in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Embark Holdings can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
Investor Contact Information:
Chairman, CEO and President
Mission Viejo, CA
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