Pine Ridge Holdings -- ServeNation Outlines STAR 88.3 Fundraising Campaign
* Reuters is not responsible for the content in this press release.
FORT WAYNE, IN, Sep 02 (MARKET WIRE) --
Pine Ridge Holdings, Inc. (PINKSHEETS: PINR) CEO Kevin May released today
the details concerning the fundraising campaign for one of the most
recent ServeNation clients.
May commented, "I am pleased to further disclose how the fundraising
campaign with STAR 88.3 radio station is progressing. The ServeNation
concept is catching on in many non-profit circles and I am excited about
the progress that is being made. I am pleased to further disclose how the
fundraising campaign with STAR 88.3, a listener supported radio station,
is going."
"Andrew Maley, VP of Sales and Marketing for ServeNation, is personally
overseeing the launch of this campaign and has written the letter being
mailed to supporters," continued May.
Maley commented, "STAR 88.3 is sending out 3000 very direct letters to
already conditioned supporters asking them to purchase $400 a month in
gift cards. If all existing supporters do this, STAR 88.3 campaign would
result $1,200,000 in gift cards purchased per month. This letter is going
to people that are already passionate about supporting STAR 88.3 every
month."
"STAR 88.3 will be sending the letter out by the end of next week or the
first of the following. I would expect that we will begin to see great
results by the end of September and into October. Educating the STAR
supporters to take their everyday spending like fuel and purchase gift
cards through the STAR 88.3 gift card center so that the radio station
would benefit is the main task. Once the letter has been received outgoing
phone calls to the supporters will be made to answer any questions,"
continued Maley.
"Based on the STAR 88.3 listener base, the radio station has a potential
of $144 million in revenue if they could get just half of their listener
base to catch on. STAR 88.3 will also be conducting several other
campaigns to promote the upcoming Christmas Season. Please visit
www.STAR883.com, click on the SHOP/PURCHASE/SUPPORT and make your
purchases today to help this campaign!" concluded May.
Shareholders are encouraged to visit http://www.pineridgeholdings.com for
informational updates.
This press release contains certain "forward-looking" statements, as
defined in the United States Private Securities Litigation Reform Act of
1995 that involve a number of risks and uncertainties. Statements, which
are not historical facts, are forward-looking statements. The Company,
through its management, makes forward-looking public statements concerning
its expected future operations, performance and other developments. Such
forward-looking statements are necessary estimates reflecting the
Company's best judgment based upon current information and involve a
number of risks and uncertainties, and there can be no factors that could
cause actual results to differ materially from those estimated by the
Company. They include, but are not limited to, the Company's ability to
develop operations, the Company's ability to consummate and complete the
acquisition, the Company's access to future capital, the successful
integration of acquired companies, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from time to
time in the Company's public announcements.
CONTACT:
Kevin May
260-637-9090
Copyright 2008, Market Wire, All rights reserved.
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