TIBURON, CA (November 27, 2013) — Privileged World Travel Club, Inc. (OTCQB: PVCL) has announced the signing of additional new members from the previously purchased Member List of 9 million individual names. Privileged acquired the list from Triton Distribution Systems, Inc., based on a List Purchase Agreement that was executed October 10, 2012.
“We are extremely excited to begin membership enrollment. This, combined with our agreement with CIGT, will allow a buildup of revenues from both domestic and international sources. We are very excited for our growth in 2014 as we execute our business plan,” says Gregory Lykiardopoulos, CEO of Privileged World Travel Club, Inc.
Based on the number of members signing up with Privileged, management estimates that the company will increase its gross revenues by $11 Million from membership fees, by the end of 2014 fiscal year. Management further anticipates that additional revenues will be generated from discounted travel, accommodations and other travel services that will be available to the club members.
ABOUT PRIVILEGED. www.privilegedwtc.com
The business of Privileged is to provide exclusive travel services to persons (“Members”) who elect to join the prestigious Privileged World Travel Club (the “Privileged Travel Club”) and international travelers bound for the United States. Immediately after joining, Members of the Privileged Travel Club can begin enjoying the services their membership offers.
The Company provides luxury services with a high standard of value. Company management feels that the prices offered by the club are reasonable and very attainable by all Members to travel any time they wish. The Company is specially focused to offer its Members luxury membership travel products and services at specially discounted prices. The Company’s concept is to offer services to a larger audience and thereby increase the reach to more markets.
Information set forth in this press release contains financial estimates and other forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are subject to risks and uncertainties, and actual results might differ materially. Examples of such forward-looking statements include management’s projected 2014 revenue discussion, references to potential increases in club members, and other references to potential growth in the business. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission. Privileged disclaims any obligation or intention to update any forward-looking statement.
Privileged World Travel Club, Inc.
PRESS RELEASE SOURCE: Privileged World Travel Club, Inc.