Winning Kids Incorporated, www.winnngkidsinc.com, is pleased to announce it has commenced a private placement for gross proceeds of up to $1,000,000 through the issuance of up to 1,000,000 common shares of the Company at a price of $1.00 per unit representing twenty-percent ownership in the company.
Palm Beach Gardens, FL (PRWeb) March 25, 2007 -- Winning Kids Incorporated is pleased to announce it has commenced a private placement offering for gross proceeds of up to $1,000,000 through the issuance of up to 1,000,000 common shares of the Company at a price of $1.00 per unit. The offering represents a twenty percent stake in the company and after complete subscription there will 5,000,000 shares outstanding.
The net proceeds of this private placement will be used for the implementation of the national marketing strategies planned to begin this summer that are designed to rapidly brand the "Winning Kids with Traveling Bear" series as a household name and for working capital purposes. Closing of the private placement will be immediately upon the sale of the shares offered.
The Winning Kids Incorporated President Christian Hainsworth said "After three years of development and planning we are entering an exciting phase for the company. There are many great things happening quickly right now. The current funding is going extremely well and will provide the resources for all we need to get done. Once the funding is closed and we have our marketing airing nationally we will immediately begin to focus on managing rapid growth. We will bring in additional management and have to look at a stock split for the existing shareholders, probably five to one, to provide enough shares to grow the company down the line. Additionally, we need to start looking now and explore developing some investment banking relationships to identify potential firms for future opportunity for the company should perhaps next year going public be in the shareholders best interest. An initial public offering would allow us to tap new sources of capital for expansion into new revenue streams. In addition, it would help extend Winning Kid's brand name and give shareholders a way to profit from the increased value of their stakes. We intend to continue to follow the approach that has served us well so far as a private company focusing on being socially responsible, making the right decisions about marketing and being what we call the right company at the right time."
Winning Kids Incorporated, a member of the TIA (Toy Industry Association) proudly produces the Winning Kids with Traveling Bear™ series of children's books and audio CD's. The Winning Kids with Traveling Bear™ series consists of 14 real to life adventure books that each come with a read-a-long audio CD. The story books are themed on building positive values, winning attitudes and leadership qualities in children. The read-a-long audio CD's are specifically designed to build strong reading skills and an enjoyment of reading in a fun and easy way.
Twice an Olympic Champion Gold Medalist, Cathy Rigby has continued to thrill children on Broadway as an actress in Peter Pan and as the Cat in The Hat in Suessical. Now she is a Champion for Children as the official Winning Kids with Traveling Bear™ spokesperson.
Winning Kids is preparing to begin national marketing through a DRTV (Direct Response Television) infomercial campaign. Through Direct Response Television advertising, companies can achieve the fastest, most cost-effective way to launch a brand and get sales results instantly. Television 'Brand' advertising is designed to create awareness, interest or desire in a product. DRTV is further designed to elicit an impulse response that results in immediate sales. The national exposure of a national marketing provides other significant revenue streams for the company including: RETAIL- National retail chains seek to stock products that are marketed with an ongoing national DRTV campaign because the airings significantly drive retail sales, LICENSING- Product licensing rights is a multi billion dollar a year industry. Animated characters and products that promote reading and positive values are very desirable and have a proven history of being extremely successful, INTERNATIONAL- At industry trade shows the company received numerous requests from distributors wanting bilingual resources for teaching the English language.
Disclosure
Statements in this press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
The securities offered have not been registered under the United States Securities Act of 1933, as amended. This news release shall not constitute an offer to sell nor the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
Disclosure regarding forward-looking statements: This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Corporation. These risks and uncertainties could cause actual results and the Corporation's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information.
Press Contact: Karen Donado
Company Name: Winning Kids Incorporated
Email: email protected from spam bots
Phone: 800-936-5063
Website: www.winningkidsinc.com
Press Release Source: EMediaWire
