Great American Family Parks Featured in The Wall Street Journal
October 06 2005 - 9:30AM
PR Newswire (US)
BOISE, Idaho, Oct. 6 /PRNewswire-FirstCall/ -- Great American
Family Parks, Inc. (OTC:GFAM), a company focused on developing
profitable regional theme parks in the U.S., announced today that
the Company was featured in The Wall Street Journal, page A19 on
October 4, 2005 in an article titled "Knowing the Business Is Vital
in Face of Loss" by Paulette Thomas. The case study discusses the
relationship between Great American Family Parks CEO Dr. Larry
Eastland and his late business partner Bob Klosterman. An excerpt
from The Wall Street Journal states: "They [Eastland and
Klosterman] spotted a couple of promising parks, and began meeting
with investors. Mr. Eastland would present the demographics and
marketing opportunities, but finance questions went straight to Mr.
Klosterman. 'Bob was a genius with numbers,' says Mr. Eastland ...
It was in July 2003, as they were completing agreements to purchase
two parks, that Mr. Klosterman died suddenly of a heart attack ...
Mr. Eastland lost his friend and business partner of 10 years... As
they [Great American Family Parks management team] took time to
regroup, one of their parks in negotiations went to another buyer.
But Great American was able to acquire the Wild Animal Safari in
Pine Mountain, Ga., under renegotiated terms. It's a start, and the
team has identified 40 other potential parks." To read the full
text version of the article, please visit
http://www.otcfn.com/gfam/articles/wsj100405.html. About Great
American Family Parks Great American Family Parks is focused on
buying and managing profitable regional theme parks and themed
amusement attractions in the United States. By building a family of
parks each with up to 1 million annual attendees, GFAM is in the
process of developing a series of compatible, yet distinct
entertainment and amusement products, including themed amusement
parks, associated products, food and beverage, and multimedia
offerings. For more information on the Company, visit
http://www.weloveparks.com/. Investors should visit
http://www.otcfn.com/gfam or contact Rick McCaffrey, Investor
Relations, OTC Financial Network, 781-444-6100x625, . Safe Harbor
Statement Under The Private Securities Litigation Reform Act of
1995: The statements in the press release that relate to the
company's expectations with regard to the future impact on the
company's results from new products in development are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The results anticipated
by any or all of these forward-looking statements may not occur.
Investor Relations: OTC Financial Network Rick McCaffrey Investor
Relations 781-444-6100, ext. 625 http://www.otcfn.com/gfam
DATASOURCE: Great American Family Parks, Inc. CONTACT: Rick
McCaffrey of OTC Financial Network, +1-781-444-6100, ext. 625, ,
for Great American Family Parks, Inc. Web site:
http://www.otcfn.com/gfam Web site:
http://www.otcfn.com/gfam/articles/wsj100405.html Web site:
http://www.weloveparks.com/
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