|By Marketwired .||
|May 30, 2014 02:48 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 05/30/14 -- John G. Simmonds, Chairman and CEO of A. C. Simmonds and Sons Inc. (BLVD Holdings Inc. (the "Company") (OTCQB: BLVO)), is pleased to announce the launch of KwikLinks Golf and the company's decision to bring 12-hole golf in a major way to golfers in Canada.
Twenty one years ago John Simmonds and his brothers David and Bruce founded ClubLink, the most successful consolidation of golf in Canadian history. Today it is still the largest golf course operation in Canada with thousands of members.
"We changed the way people played the game of golf with ClubLink," said John Simmonds. "With KwikLinks, A. C. Simmonds and Sons plans to change the game of golf again. The economics and the demographics of golf today make the idea of a 12-hole game the best and most exciting option given the current downturn in the industry. I think people want a shorter game and they want it for a better price. KwikLinks 12-hole Golf is designed for today's busy lifestyle and the general preference these days for a little more frugality in leisure pursuits. We will enable anyone to enjoy a quick round of golf for less money and with more time left over for other things."
12-hole golf is the way the game was originally played in Scotland 200 years ago.
Jack Nicklaus, U.S. Open and Masters Champion is also a fan of the concept and has made no secret of his endorsement of the shorter game. "We should consider the possibility of making 12 holes the standard round. Eventually it would be accepted because it makes sense in people's lives."
The Company has identified a number of golf courses in Southern Ontario, Canada that are ideal candidates to be reformatted for 12-hole play.
About A. C. Simmonds and Sons
A.C. Simmonds and Sons, with lineage through its management team to 96 years of business experience, is a Canadian based company with interests across North America and a growing international presence. The Company is focused on acquiring profitable businesses for expansion and development in four growth sectors: international food, waste management, renewable energy and leisure. John G. Simmonds, Chairman and CEO co-founded the largest Canadian golf course operation and has successfully established and grown companies and built effective teams. Mr. Simmonds has served as chairman and board director of several public companies. A. C. Simmonds and Sons has initiated the process to change its name from BLVD Holdings Inc., (BLVO).
Note: This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. The Company cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company's SEC filings. The Company undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with the Company's business, please refer to the risks and uncertainties detailed from time to time in the Company's SEC filings.
This release does not constitute an offer for sale of securities.
A.C. Simmonds and Sons Inc.
(changing its name from BLVD Holdings Inc.)
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