Long Road Entertainment is Open for Business in La Jolla, CA.LA JOLLA La Jolla (lə hoi`yə), on the Pacific Ocean, S Calif., an uninc. district within the confines of San Diego; founded 1869. The beautiful ocean beaches, in particular La Jolla shores and Black's Beach, and sea-washed caves attract visitors and , Calif. -- Long Road Entertainment, Inc. (Pink Sheets:LREN) a Drive-In movie theater and entertainment company, today announced that the Company has opened an office in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . With new growth opportunities and expansion of staff requirements, the new office will offer a significantly strategic geographic location for its theatres and will enable the Company to be closer to its board members, partners and to better recruit professional talent from the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, area. "We planned this move as we saw the opportunity with strong evidence from the development teams due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. work that showed a rapidly growing young family demographic in which would have an appeal to Long Road's Drive-In movie theatre," said Bob Stinson For the baseball player, see Bob Stinson (baseball) Bob Stinson (born Robert Neil Stinson, December 17, 1959–February 18, 1995) was the founding member and lead guitarist for the American rock band The Replacements. , Long Road's president and chief executive officer. "Borrowing on management's 40 years of experience in the movie theatre industry we saw a major opportunity for growth and are extremely excited about moving into this market. We are building an entertainment company in the best area in the country to do it." Long Road is undergoing significant development and expansions of its Drive-In movie theatre business plan, development teams, who are currently at work evaluating property in the high desert area near Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA and expect to make an announcement of acquisition in the near future according to Stinson. The company recently introduced and announced its website launch www.longroadentertainmentinc.com and will be rapidly building its corporate team and board members. Long Road Entertainment, "LRE LRE Long-Reach Ethernet LRE Least Restrictive Environment LRE Law-Related Education LRE Long Range Ethernet (Cisco) LRE Launch and Recovery Element LRE Latest Revised Estimate LRE Lead Responsible Engineer LRE Low Bit-Rate Encoding " has been established to operate as a holding company for companies that are involved in the theater, motion picture and entertainment industry. LRE seeks to reintroduce North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. movie goers to a modernized family Drive-In movie experience. LRE is actively seeking new opportunities in creating and or acquiring assets involved in this niche market. LRE plans to specialize in the acquisition of land and refurbish existing theaters to remarket to targeted communities that meet strategic parameters and criteria. For more information please visit www.longroadentertainmentinc.com. The new office is located at 1752 Castellana Road, La Jolla, CA 92037. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. |
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