PRNewswire – CMK Gaming International, Inc. (OTC PINK: “CMKI”) announced that it expects to open its first U.S. pachinko parlor, which will be located in Salt Lake City, Utah. This year, the Company purchased its Japanese wholly-owned subsidiary corporation that owns and operates three pachinko parlors in Japan.
The majority of its subsidiaries’ income is derived from its three pachinko parlors located throughout Japan. The Company believes that its gross profits will increase after the Company’s first year of operating its U.S. pachinko parlor, in 2014. Ms. Shana Weiner, the Company’s Managing Director, said, “The Company’s first U.S. pachinko parlor should generate great interest and excitement within the Salt Lake City community. From there we plan to capitalize on the excitement of the pachinko parlors by strategically placing them in communities that seek exciting new entertainment venues.” The Company encourages those interested in the Company to review the Company’s entire financial statements and financial notes which are filed as Supplemental information on the CMKI webpage located on the OTC website, at www.otcmarkets.com.
Pachinko is a mixture of slot machine and pinball. Players try to direct the balls into special holes that will win the player points and exchange those points for gifts at the parlor’s gift shop. Like with slot machines, there is a variety of different types of these machines located in pachinko parlors and a player can win if the same three pictures appear or the balls are properly guided to a certain location of the game panel. Both men and women play pachinko and it is said that there are even a few pachinko professionals. If you win balls, you can exchange them into goods that are available in the parlor’s gift shop.
About CMK Gaming International, Inc. CMK Gaming International, Inc. was originally incorporated in Colorado. The Company’s intent was to pursue oil-drilling projects throughout the United States. The Company pursued several projects in Wyoming and Texas but they later proved uneconomical and in October, 2013, the company purchased a Nevada corporation known as CMK Gaming International, Inc. CMK, which owned and operated three pachinko parlors in Japan, become the Company’s wholly-owned subsidiary. The Company’s gaming centers offer customers the opportunity to play pachinko. The Company plans to own and operate pachinko parlors throughout the United States.
Forward-Looking Statements – Statements about the Company’s future expectations 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 Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words “anticipate,” “estimate,” “expect,” “intend,” “plans,” “projects,” and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
SOURCE CMK Gaming International, Inc.