Fuego Enterprises Announces Increasing Revenues From Tours and Live Performances of Music Groups
09 Fevereiro 2010 - 1:30AM
Fuego Enterprises Inc. (Pink Sheets:FUGI) announces increasing
revenues from the production of music tours, merchandising and live
music events in the continental U.S.
This past December, Fuego Enterprises, Inc.'s music division,
"Fuego Entertainment," produced and co-produced a series
of live music performances by several Cuban artists in key
cities in the continental United States, where Latin music,
specifically Cuban music, is extremely popular. Nine concerts took
place in December in Miami, Tampa, San Francisco, and New York
City. Ticket sales for the first 9 concerts in December 2009
grossed almost $300,000 in revenues. Beginning in March 2010,
Fuego Enterprises will begin producing a series of concerts
throughout the entire continental United States in cities such as
Miami, Key West, Tampa, Orlando, Puerto Rico, Washington
D.C., New Jersey, New York, Los Angeles, San Francisco,
Philadelphia and other key cities. Fuego is producing 4 tours for a
total of 48 concerts already scheduled during the 2010 calendar
year and over 62 for 2011.
Fuego anticipates from $1.5 million to $2.3 million in gross
revenue from concerts, merchandising and digital music sales during
2010.
About Fuego Enterprises, Inc.:
Fuego Enterprises, Inc. is a diversified holdings company with
operations in media and entertainment, telecommunications, and
other industries currently under development. Fuego Entertainment
is based in the U.S. with a focus on Latin markets. For more
information, please visit Fuego Enterprises at
www.fuegoentertainment.net
This press release contains statements, which may constitute
forward-looking statements within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Those statements
include statements regarding the intent, belief or current
expectations of Fuego Enterprises, Inc., members of their
management, and assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ
materially from those contemplated by such forward-looking
statements.
CONTACT: Fuego Entertainment, Inc.
Investor Relations
Dan York
214 675-2531
ir@fuegoentertainment.net
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