VCG Holding Corp. Announces Conference Call for First Quarter Earning 2007
May 11 2007 - 2:04PM
Business Wire
VCG Holding Corp. (AMEX: PTT), a leading consolidator and operator
of adult nightclubs, announced today the date of its 2007 first
quarter conference call. The Company plans a conference call at
4:00 P.M. EDT, Tuesday, May 15, 2007 for the first quarter 2007.
The details for the call are as follows and will also be posted on
our website www.vcgh.com. The participant call in numbers are
(Toll-Free) 877-407-0782 and (International) 201-689-8567. The
replay of the call will be available. Details on the access to the
replay will be posted on our website on Monday, May 14, 2007. About
VCG Holding Corp. VCG Holding Corp. is an owner, operator and
consolidator of adult nightclubs throughout the United States. The
Company currently owns thirteen adult nightclubs, and one upscale
dance lounge. The clubs are located in Indianapolis, St. Louis,
Denver, Colorado Springs, Raleigh, and Louisville. Forward-Looking
Statements Statements contained in this press release concerning
future results, performance or expectations are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements include statements regarding
the intent, belief or current expectations of the Company and
members of its management team, as well as assumptions on which
such statements are based. All forward-looking statements in this
press release are based upon information available to the Company
on the date of this press release. Forward-looking statements
involve a number of risks and uncertainties, and other factors,
that could cause actual results, performance or developments to
differ materially from those expressed or implied by those
forward-looking statements including the following: failure of
facts to conform to necessary management estimates and assumptions;
the Company's ability to identify and secure suitable locations for
new nightclubs on acceptable terms, open the anticipated number of
new nightclubs on time and within budget, achieve anticipated rates
of same-store sales, hire and train additional nightclub personnel
and integrate new nightclubs into its operations; the continued
implementation of the Company's business discipline over a large
nightclub base; unexpected increases in cost of sales or employee,
pre-opening or other expenses; the economic conditions in the new
markets into which the Company expands and possible uncertainties
in the customer base in these areas; fluctuations in quarterly
operating results; seasonality; changes in customer spending
patterns; the impact of any negative publicity or public attitudes;
competitive pressures from other national and regional nightclub
chains; business conditions, such as inflation or a recession, or
other negative effect on nightclub patterns, or some other negative
effect on the economy, in general, including (without limitation)
growth in the nightclub industry and the general economy; changes
in monetary and fiscal policies, laws and regulations; war,
insurrection and/or terrorist attacks on United States soil; and
other risks identified from time to time in the Company's SEC
reports, including the Annual Report on Form 10-KSB for 2006,
Quarterly Reports on Form 10-QSB and Current Reports on Form 8-K,
registration statements, press releases and other communications,
and amendments thereto The Company undertakes no obligation to
update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results over time.
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