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[GRWW] GREENS WORLDWIDE INC ** Donald Trump news **

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GRWW GRWW
GREENS WOLDWIDE INC OTCBB




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Greens Worldwide Executes Definitive Agreement to Acquire North American Football League



Company to Expand its Sports Holdings and Marketing Platform to Include
100 Teams
HERTFORD, N.C., March 29 /PRNewswire-FirstCall/ -- Greens Worldwide Incorporated (OTC Bulletin Board: GRWW) announced today that it has executed a Definitive Agreement to acquire the North American Football League (NAFL). (www.nafl.org). The closing of the transaction is subject to completion of customary final due diligence and delivery of documentation to effect the closing, which is scheduled for no later than April 30, 2006. The NAFL is a developmental football league for colleges and the pros, and has grown from 18 teams in 1999 to over 100 teams operating in 24 divisions. The League has grown to a playoff system and a National Championship which is conducted at the Disney Wide World of Sports Complex in Orlando, Florida.

"The acquisition of the NAFL, when completed, will provide our company with multiple sports platforms in Golf and Football which will provide an opportunity to cross bundle sponsorships between the League and the Golf Tour, delivering more value to our partners" said Tom Kidd, Chief Executive Officer of Greens Worldwide Incorporated. "I am also very pleased that Robert Licopoli has agreed to continue as President and CEO of the NAFL since Robert founded the League and has successfully grown the League to over 100 teams since its founding."

Robert Licopoli, CEO of the NAFL added, "This is an exciting time for the players, team owners, and staff of the NAFL. We feel that GRWW is the perfect organization to help us maximize our market potential. We will continue to provide a level of football for thousands of athletes as they continue to develop their skills or simply play for the love of the game."

About Greens Worldwide Incorporated

Greens Worldwide Incorporated is a vertically integrated sports marketing and management company, engaged in owning and operating sports entities and their support companies and is publicly traded under the stock symbol GRWW. In our continuing effort to develop a more cohesive and synergistic organization, we are structured in a way that allows all of our wholly owned subsidiaries to utilize each other's resources to the greatest extent possible. In addition, the Company's strategic plan is to be able to deliver substantial value by providing multiple sports platforms and media to leverage our partners advertising and promotional dollars, while delivering the finest entertainment opportunities to retain and build customers. For our non-sports businesses, we will utilize the media and promotional benefits of our media platforms in Television, Radio, and Print, together with Internet Television and other like strategic relationships, to grow our consolidated revenues. The Company intends to continue its strategy of acquiring profitable sports organizations and sports related firms, together with other businesses that would benefit from the synergy the Company provides.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward- looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.


Contact
Tom Kidd
Chief Executive Officer
252.264.2064


SOURCE Greens Worldwide Incorporated
-0- 03/29/2006
/CONTACT: Tom Kidd, Chief Executive Officer of Greens Worldwide
Incorporated, +1-252-264-2064/
/Web site: http://www.nafl.org /
(GRWW)

CO: Greens Worldwide Incorporated; North American Football League
ST: North Carolina
IN: SPT ADV OTC
SU: TNM

JS-MS
-- LAW094 --
1184 03/29/200618:45 ESThttp://www.prnewswire.com
post #3 of 37
you beat me to it i was just doing research into this company looks really interesting
post #4 of 37
Dear Fellow Shareholders:

Our March 20, 2006 announcement that Fox Sports Net (FSN) will be telecasting portions of all 10 events on our US Pro Golf Tour this year is a significant development as to how far US Pro Golf Tour, our wholly owned subsidiary and your Company, has come in a short period of time. FSN reaches more than 81 million homes though its network of 22 regional sports channels and our Tour will be on stations that also feature Major League Baseball, the National Basketball Association and the National Hockey League. Very nice company for us! In addition we retained our television agreement with the Golf Channel for the broadcast of our program 54 Holes to Sunday for ten events on our developmental tour and we will be on ESPN with the Trump Million Dollar Invitational in July of this year.

Our ten tour stops this year, from May to November, in states including California and Colorado, Florida and Georgia, with prizes including a one million dollar purse at the Las Vegas event ($180,000 for the winner), will be major league in every way. We also recently announced that we have co-sanctioned the Trump Million Dollar Invitational in the Grenadines which will be telecast on ESPN (http://www.trumpmilliondollar.com), and carries a purse of $1.5 million.

The US Pro Golf Tour (visit http:/www.usprogolftour.com) offers operational expertise second only to the Professional Golf Association's tour. We are the only tour in America that provides the same amenities that golfers find on the PGA Tour, including TV coverage on the Golf Channel, Fox Sports Net and ESPN, galleries, electronic leader boards, and hospitality centers.

Who will fans see on our tour? Young golfers working toward a spot on the PGA, former well known PGA players preparing for the Champions Tour, and, importantly, we will have celebrities at every tour spot to enliven the event both for the galleries and for the serious celebrity golfers who want a chance to experience real-time, big-time golf. We have issued 188 fully exempt Tour Cards to professional golfers for the start of our season in May at this point and expect to exceed 200 by the close of entries.

While we are not hitting our woods quite as far as the PGA Tour, we anticipate significant revenue this year. Revenues accrue from our sponsors, the fee for a Tour Card for the golfers, entry fees in the event, pro am events, and the sale of TV commercials on the Golf Channel and Fox Sports Net.

We also own Breakthru Media Inc. (http://www.breakthrumedia.com) which already has done significant marketing for major events including the Kentucky Derby and the Chick-Fila Peach Bowl. We are also in the final stages of closing our acquisitions of New England Golf, Las Vegas Golf Schools and Crowley Advertising, which should bring in excess of $3 million in additional revenue to the Company, based on their 2005 results.

We are building much more than a top-flight golf tour. We are structuring a vertically integrated sports marketing company intended to combine both sports entities and their support companies. We expect that there will be more such acquisitions. Two things we will demand: That the acquisition must be accretive and that our family of companies will flourish by taking advantage of each others' resources. In addition, acquisitions are structured with their current management retaining incentive to achieve certain revenue and EBITDA targets on earn outs.

Like a good golf round, the key is to make sure our good shots far outnumber those poorly struck. Please know that this is the intention of your management team. There is no more important item on my agenda than building a successful company which should reflect its success in increased shareholder value.

We invite you to visit us at http://www.usprogolftour.com to learn more about your Company. We're delighted you are part of our team. It's time to tee up for even more success.

Sincerely,

R. Thomas Kidd
President & CEO

About Greens Worldwide Incorporated
post #5 of 37
i've never heard of the NAFL if anyone is a fan please post what you think


http://www.nafl.org/
post #6 of 37
American Football is a fascinating sport that has drawn people in over 50 countries on all 6 continents into its spell. Not only in its home, the United States has the sport found its fans, but also in countries like Australia, South Korea and Finland.

The first national American Football federations outside of the United States were founded in 1896 at Canada, 1936 at Japan following Europe in 1976. Since then the sport has experienced a significant expansion, especially in Europe, which finally reached its peak through the founding of the European Federation of American Football (1996) followed by the International Federation of American Football (IFAF).

Currently, 45 associations in North and South America, Europe, Asia and Oceania are organized in the IFAF.

The first World Championship took place in 1999 in Italy and continental competitions are now being played for the 20th year in a row.

The second World Championship was in 2003 in Frankfurt Rhine-Main-Area (Germany).

The goals of the organisation are: to be part of the international sporting community: Admission into the General Association of International Sports Federation, Acceptance by the IOC and Participation in the World Games as well as the Olympic Games.
post #7 of 37
post #8 of 37
I can't wait!
I missed the last run ('cause I didn't know any better - my first week of trading) and then it took a dive you wouldn't believe... been dragging my portfolio down for two weeks now.
This time, if it hits 3.5, I'm out (and back in when it drops again)
post #9 of 37
GRWW seems to have fallen, but I can't see why. Maybe we can rally support for this very undervalued stock due to the finalization of some of their great PR. Today they announce the completed aquisition of Still Moving, Inc. This company has completed 3 major aquisitions in the past month.
post #10 of 37
The CEO of this firm, Tom Kidd, is a sleezy businessman that owes a lot of people in the golfing industry money. He has been running 'mini-tour' events for a long time now and has a horrible reputation. He used to run the ASGA tour(American Senior Golf Association). You will see that this tour/company(ASGA, Inc) has stock in GRWW. Many of his former players are still owed money from past events. He also ran an event run by two different tours in which he was supposed to be the 'payer' of the purse. He skipped town that week and if I am correct only half the course costs got paid, I do know for a fact that only roughly 10% of everyones prize money was paid. That event was held here if you would like to call and see if anyone there was still there when this event was run in late 2000.
http://www.google.com/local?hl=en&hs...ct=result&cd=3

He ran that tour into the ground and now here comes a new tour called the US PRO GOLF TOUR. http://www.usprogolftour.com
Supposedly he has the money to pay out on these tournaments due to a "line of credit" of 57 million dollars. I am not sure how this was accomplished or if it is real. I emailed this company about this line of credit and its ability to continue paying its players and the line I got was the company issuing the line of credit has "no website and no contact with the public." Research this yourself and see where you can get with the financing, I would like to know. I am sure several of my friends who are on the mini-tour circuit would also like to know.

His competition is the Hooters Tour, Canadian Tour and the Gateway tour. these tours have excellent reputations and have not been able to raise this kind of money or leverage themselves in a way that provides exposure. CEO Tom Kidd thinks he can do this. The thing is this tour is most likely going to fold and the players are going to lose a lot of money. He has a million dollar purse for the tour championship. That is more than the Nationwide tour which is run by the PGA Tour. Also they have scheduled the tour championship during PGA tour Q-school, Early-Mid Novemeber. His players are attempting to get onto the PGA Tour so why schedule during this time?

This guy does not understand honesty and conduction a profitable tour. That is very tough for tours to do that are not associated with the PGA tour. Damn near impossible.

As far as these other companies he is buying up...from what I know he has issued stock for these sellers and they have to hold it for a year. A big mistake IMHO.

Anything else you would like to know about this guy or company I will be more than happy to tell to the best of my ability.

Regards,

LTP
post #11 of 37
I was wondering if someone could explain why there is a MM playing this stock like this:
---I am new to the forum and trying to learn

Empire Financial(EFGI)

Bid 5000 @ 0.01
Ask 500 @ 10.00

I don't understand except maybe they want it to go down I guess. But why even have the 500 shares at 10 up there.
And are these values a multiple of 100 shares or is it really just 500 shares. If so why would a MM only be tradeing 500 shares @ $10. That isn't a lot of money.

Regards,


LTP



Also as I do not have level II yet am I correct going to this website to get my delayed quotes for learning purposes?
http://www.*********.com/level2quotesotcbb.html
post #12 of 37
Also if someone could explain this I would be appreciative...
http://www.sec.gov/Archives/edgar/da...0231-index.htm

Was this the incorporation of this companies stock?

Regards,

LTP
post #13 of 37
This is cookin' right now, massive volume the past couple days. More left yet.

Greens Worldwide Incorporated Launches Global Media Fund Advertising Campaign
PR Newswire (Mon 12:02pm)
http://biz.yahoo.com/prnews/060508/lam077.html?.v=49

Greens Worldwide Launches New Website
PR Newswire (Mon, May 1)
http://biz.yahoo.com/prnews/060501/lam044.html?.v=48

post #14 of 37
U.S. Pro Golf Tour Announces Strategic Partnership with Donald J. Trump
Thursday June 22, 8:58 am ET
Four Major Trump Championships with $10.1 Million in Purses


FREDERICKSBURG, Va., June 22 /PRNewswire/ -- The U.S. Pro Golf Tour, a wholly-owned subsidiary of Greens Worldwide, Inc. (OTC Bulletin Board: GRWW - News) announces a five year, strategic partnership with Billionaire entrepreneur Donald J. Trump. Beginning in 2007, four major championships of the USPGT will carry a total purse of $10.1 Million. "After watching the U.S. Pro Golf Tour players in the recent Trump Million Dollar Invitational at my golf course on Canouan Island, there is no doubt the talent level is among the highest in the world, and we're pleased to be an integral part of four major championships on the USPGT schedule," said Mr. Trump.

Beginning in 2007, the Trump Championships will be:

THE TRUMP WORLD MATCH PLAY CHALLENGE PURSE $5.0 MILLION
THE TRUMP MILLION DOLLAR INVITATIONAL PURSE $1.6 MILLION
THE TRUMP CELEBRITY PRO-AM PURSE $1.5 MILLION
THE TRUMP CHAMPIONSHIP PURSE $2.0 MILLION

TOTAL PURSE $10.1 MILLION

Greens Worldwide Inc. CEO R. Thomas Kidd says this partnership will allow the U.S. Pro Golf Tour players an opportunity second-to-none. "This is a special day for not only our more than 200 tour card holders on the U.S. Pro Golf Tour, but for the family of companies under the Greens umbrella. Our company is extremely pleased to continue this great association with Mr. Trump, and I'm certain our players will find this a career-making experience," Kidd said.

Andy Batkin, CEO of Innovative Media Solutions, LLC, which produced the upcoming Trump Million Dollar Invitational telecast on ESPN, will continue to play a major role in the Trump Championships. "I am pleased to continue an association with the Trump organization and the U.S. Pro Golf Tour, which will demonstrate to the nation and the world in the upcoming ESPN special how truly special they are as some of the world's elite golfers," Batkin said.

Sites for the Trump Championships will be staged at four of Mr. Trump's golf courses, including - Trump International Golf Club, West Palm Beach, Florida, Trump National, Westchester, New York, Trump National, Los Angeles and Trump International, Canouan Island, The Grenadines. Dates and other information regarding the Trump Championships will be announced in the coming weeks.

About Greens Worldwide Incorporated

Greens Worldwide Incorporated is a vertically integrated sports marketing and management company, engaged in owning and operating sports entities and their support companies and is publicly traded under the stock symbol GRWW. Our current operating subsidiaries are the US Pro Golf Tour, Inc. www.usprogolftour.com , Breakthru Media, Inc. www.breakthrumedia.com , Crowley and Company Advertising, Inc. www.crowleyadvertising.com , New England Pro Tour, Inc. www.neprogolftour.com , Still Moving, Inc. www.still-moving.com , and Las Vegas Golf Schools, Inc. www.gotogolfschool.com . In our continuing effort to develop a more cohesive and synergistic organization, we are structured in a way that allows all of our wholly owned subsidiaries to utilize each other's resources to the greatest extent possible. In addition, the Company's strategic plan is to be able to deliver substantial value by providing multiple sports platforms and media to leverage our partners advertising and promotional dollars, while delivering the finest entertainment opportunities to retain and build customers. For our non-sports businesses, we will utilize the media and promotional benefits of our media platforms in Television, Radio, and Print, together with Internet Television and other like strategic relationships, to grow our consolidated revenues. The Company intends to continue its strategy of acquiring profitable sports organizations and sports related firms, together with other businesses that would benefit from the synergy the Company provides.


Contact
Tom Kidd
Chief Executive Officer
252.264.2064

For more information, please contact:

Mark Edwards
VP - Media and Communications
U.S. Pro Golf Tour
423.314.6216
mediarelations-mark@usprogolftour.com
www.usprogolftour.com

Ashley Cooper
Executive VP - Acquisitions and Development
Trump Golf Properties
908.470.4400 ext 201
acooper@trumpnational.com
www.trumpnational.com




--------------------------------------------------------------------------------
Source: Greens Worldwide Incorporated


http://biz.yahoo.com/prnews/060622/nyth073.html?.v=53

$1.58 (+.48) Volume =1.46M+
post #15 of 37
BACK TO $4 ??



post #16 of 37
jp thanks for letting me know about this stock. Getting in at 1.65
post #17 of 37
in at 1.64 I like the momentum, think will be up EOD and good tomorrow. Let's just see.
post #18 of 37
I was asking about this in the university section. This didn't run until the next day, friday, and now it's not even slowing up.
post #19 of 37
gotta love that!
post #20 of 37
I bought in around the HOD and have been down since. JP you still think it's in running condition or has it made its money?

S



<edit>: well she's lookin good now at 1.77 HOD, think it will run more by the day end.
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