Vertigo Park Theme Park, Buga -Status Update
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BOCA RATON, Fla.--(Business Wire)-- Vertigo Theme Parks, Inc. (Vertigo) (Pink Sheets:VTPK), a theme park company featuring Adrenaline Rush Adventures, today announced continued progress towards its Phase One Opening which has been delayed to the later part of this year at its Vertigo Theme Park, Buga located just outside of Cali at Club Estancia de la Plaz in Buga-Quebrasa Seca Valle Del Cauca, Colombia. To date, site work, park amenities, several stages, various parking lots and our first Villa have all been completed. We are very much looking forward to our previously announced relationship with Gutmen and the receipt of the first tranche of forty million dollars which will allow us to begin moving the Park forward in the upcoming weeks, said Vertigo`s CEO Kevin Johnson. About Vertigo VERTIGO THEME PARKS, INC. with its headquarters in Boca Raton, Florida USA is responsible for VERTIGO THEME PARK-Buga, an area of 2.5 million square meters in Quebrada Seca, in the municipality of Buga, Valle del Cauca, for tourist/urban purposes, and shall also be responsible for the development of Vertigo Theme Parks throughout the world. Vertigo`s mission is to build seven parks in seven years. It is the first organization in Colombia to reach the Latin American market by developing a new national and international tourist destination, centering this around a fun park offering unique white-knuckle experiences aimed at young people. Vertigo, the state-of-the-art parks, will be the first in which no physical money will be used; the unique and proprietary E-Monee wallet card will be utilized as the means of payment for everything within the park. E-Monee is also a main sponsor of Vertigo Theme Park. Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise. Vertigo Theme Parks, Inc., Boca Raton Kevin Johnson, 561-368-4700 Ext 6 Copyright Business Wire 2009
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