City Capital Rings Up New Sales With Sweepstakes Addition
June 15 2010 - 7:30AM
Marketwired
City Capital Corporation's (PINKSHEETS: CTCC) wholly owned
subsidiary Clean Sweeps Holdings, LLC announces exciting results
from the 21 gaming units positioned in Kernersville, North
Carolina. Clean Sweeps Holdings LLC manages the Coffee N Calls in
Kernersville, which garners the company 40% of the location's
revenues. The company is currently positioning Sweepstakes Income
gaming terminals in retail locations across the southeastern United
States. Retail entities in NC are now experiencing stunning growth
rates as the wildly popular gaming phenomenon continually brings in
new clientele, and revenue.
Sweepstakes Income games allow players to win cash prizes at
terminals located in shopping centers and kiosks. The games attract
players of all types, diversifying the clientele that frequent
retail business entities. Comparable to the McDonald's Monopoly
gaming concept, Sweepstakes Income games are 100% legal, yet they
offer far more feasible probabilities for achieving victory. And
perhaps more significantly, owners of Sweepstakes gaming machines
regularly experience significant, rapid revenue generation that is
simplistically sustainable.
The figures generated from the 21 Sweepstakes gaming terminals
in Coffee N Calls over the past five months demonstrate exponential
growth rates and strong social proof statistics. On average, each
gaming terminal is generating total unaudited gross monthly income
of just over $430 per terminal. Considering that the retail price
to the general public is $4,997.00, mid and long-term ROI levels
are considered exceptional. A consistent month-to-month increase in
gross profit margins has been experienced during the last five
months of 2010. Further, the total amount of unaudited revenue for
the Kernersville installation generated by all machines during the
inaugural month of January ($8,496.48) is less than the amount
generated between May 10 and May 25th ($8,867.00) in the same
location. In total the unaudited gross revenue generated by the 21
machines since January was approximately $73,335.00.
Ephren Taylor, Chief Executive Officer of City Capital
Corporation, commented, "What these units generate for a retail
merchant, in the midst of a severe economic recession is nothing
short of incredible."
Gaming terminal owners agree to pay a percentage of proceeds to
Clean Sweeps Holdings, LLC, which in turn donates a hefty portion
of every penny earned to various charities and other socially
conscious projects. The entire Clean Sweep Holdings, LLC gaming
system presents a win-win-win situation for consumers, retail
business owners and individual entrepreneurs marketing the
opportunity. For the consumer, a 100% legal cash incentive based
gaming system presents an exciting avenue for entertainment. For
retail business owners that house the units, an influx of new
clientele is experienced. And for the owners of the gaming units,
affordable, sustainable passive income streams are generated.
About Clean Sweeps Holdings, LLC
Clean Sweeps Holdings, a wholly owned subsidiary based out of
Raleigh, North Carolina, currently leverages innovative gaming
technology to assist retail merchants in increasing revenue while
assisting charities with raising much needed financial resources.
The software itself is an interactive suite of video games that
allows merchants to run their own private sweepstakes to encourage
customers to spend more in their retail locations. When consumers
purchase the promoted items, a portion of those proceeds helps to
raise financial resources for selected charities. The company earns
revenue from managing the software and hardware solutions on a
subscription and percentage basis. The company has recently
collaborated with several development partners for continued
expansion of new and engaging interactive applications to increase
the effectiveness of the existing platform.
About City Capital Corporation
City Capital Corporation (CTCC), founded in 1984, is a leader in
the production and distribution of emerging new gaming technology.
Its holdings include corporate owned retail stores and partnerships
across the nation. City Capital also maintains its long
track-record of both building value for investors and shareholders,
while keeping with its socially responsible focus. A significant
share of profits are donated to charity and other worthwhile
causes.
Contact: Rich Inza Investor Relations 877-685 CTCC (2822)
IR@CityCapCorp.com City Capital Corporation www.CityCapCorp.com
www.SweepStakesIncome.com
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