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GET CEO, Dain Schult, Talks About Upcoming Joint Venture Projects
According to GET CEO, Dain Schult, the company has expanded its initial joint venture partnership with AsiaTownUSA. The concept has been conceived as a proposed 75-100-acre multicultural theme park highlighting Asian country pavilions of India, China, Japan, Philippines, Korea, Vietnam and Thailand.
AsiaTownUSA will be located near I-95, I-10 and I-295 corridors and ideal for the rapidly developing areas of northeast Florida bordering St. Johns, Duval, Nassau, Baker, Flagler and Clay counties. It's minutes away from downtown Jacksonville, World Golf Village, Sawgrass, Nocatee, Amelia Island, Palm Coast and St. Augustine
The park will feature weekend festivals and serve as a concert venue making it a delightful, educational family destination. GET will be provide multidimensional media services which will include a variety of wireless and Internet entertainment services and apps for use with the facilities in the future when built out.
AsiaTownUSA founder, Tony DaSilva stated, "We have chosen GET to be our park's primary technology and communication platform. GET's proprietary services are a natural fit for our expected wireless needs and multimedia content distribution. Additionally, GET will be assisting in the feasibility studies for this project as well as with our motorsports raceway concept."
North Florida International Motorsports Raceway is a complementary entertainment piece to AsiaTownUSA. GET will joint venture on this project as well. It is proposed as a 1000-acre development for international and domestic motorsport competition and exhibitions will be located near the Florida-Georgia border accessible to I-10, I-75 and I-95 corridors. It will include a cluster network of racetracks designed for drift racing, drag race strips, off-road-rallying, slalom-stock car races, go-karts racing, defensive driving course and an exhibition pavilion for a variety of auto and multipurpose vehicle shows.
This kind of project, according to Mr. Schult, will allow GET to grow into another non-traditional revenue setting and it even possibly assist on a global basis with several funding solutions for AsiaTownUSA as an extension of GET's proposed future global initiatives.
For more information about all these developments you can contact Dain Schult, GET's Chief Executive Officer.
Safe Harbor for Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21B of the Securities and Exchange Act of 1934, as amended. Readers are cautioned not place undue reliance on these forward-looking statements, which are only predictions and only speak as of the date hereof. Forward-
These risks and uncertainties could cause the Company's actual results, once it's fully operational and trading, to differ materially than those indicated in the forward-looking statements.
Management regularly provides news and additional information believed to be true and accurate at the time of dissemination but has no requirement to modify, comment or change in the future should circumstances change or information prove to be inaccurate for any reason. This is not a solicitation for funding or investment in the Company. Additionally, GET makes every effort to comply with all applicable laws.
("GET" [SM] is a servicemark of Global Entertainment Technology, Inc., © Copyright 2018 Global Entertainment Technology, Inc., All Rights Reserved)
http://www.asiatownusa.com (Link to AsiaTownUSA)
http://www.getglobalentertainmenttechnology.com (Link to GET's corporate website)
http://www.dainschult.com (Link to more information about Dain L. Schult)
Global Entertainment Technology, Inc.
Dain Schult, CEO