SOURCE: Corporate Management Solutions, Inc.

Corporate Management Solutions, Inc.

April 21, 2011 11:28 ET

YDGE Announces They Have Joined Other Public Companies in the Adult Arena Such as Rick's Cabaret, Playboy, VCG Holding Corp, New Frontier Media, and Lodgenet Entertainment

ROCHESTER, NY and PALM BEACH, FL and PINELLAS PARK, FL--(Marketwire - Apr 21, 2011) - The senior executive management of Corporate Management Solutions, Inc., a Delaware corporation (PINKSHEETS: YDGE), is pleased to announce that they have completed YDGE's restructuring and reorganization as of this date.

YDGE has successfully acquired its first operating property, which will be named "Gentz ShowPlace." The property's physical location is 7400 Park Boulevard in Pinellas Park, Florida. YDGE's management expects the property to be fully operational by July 1, 2011. YDGE acquired the assets of the former business under an all cash transaction and entered into a long-term lease with a right-of-first-refusal to purchase the real property at any time during the lease period.

Michael P. Grande, YDGE's Co-President and Chief Operating Officer, states, "This property will be the first of what we expect to be a nationally-branded chain of adult entertainment facilities, all of which will operate under the Gentz ShowPlace brand, and all of which will be presented by Your Dancer Global Entertainment. Randolph S. Hudson, YDGE's Co-President and Chief Executive Officer, states, "We expect to rebrand the corporation within the following month, to change our name from Corporate Management Solutions, Inc. to Your Dancer Global Entertainment, in order to better reflect the company's position within the adult entertainment market."

Mr. Grande adds, "Opposite from the trends of late in our industry, I feel the true longevity will demonstrate smaller boutique locations that will return a steady and predictable ROI, lower overhead, and higher profits! My intentions while in office will be to deliver our presence and business model in every state and eventually the Toronto and Niagara regions of Canada, with our focus on customer deliverance and entertainer profitability should brand the company as a leader in providing entertainment of higher standards in our industry."

YDGE's decision to focus on the Florida market place will allow these locations to act not only as operating income producing assets, but also will permit YDGE to serve as an incubator for management training as to its facilities and future management, which will be trained directly under Mr. Grande. YDGE's model and style of entertainment will incorporate different operating standards than most cabaret-styled adult entertainment facilities today. All of these measures will help YDGE's growth into future markets within its industry with readily trained qualified management to be in place for YDGE to effect its model, and to develop within its industry at a predictable rate of growth.

Next, our senior executive management is pleased to announce that we expect to enter into a merger agreement with Zonal Holding Company (SEC CIK 0001350106), whereby, it will increase the number of shares in our public float, with the maximum amount of benefit to our shareholders and the calculated growth of YDGE. This transaction will aid our shareholders by adding 332 shareholders to our float. Moreover, by this increase to our public float, YDGE's management expects to be able to qualify, by shareholder number, to trade on a regional or national exchange.

Our senior executive management is in the process of negotiating on other properties in the Florida marketplace, and YDGE will announce any further developments in this regard as they occur.

For additional information on YDGE's operations, please call our Co-President and Chief Operating Officer, Michael P. Grande, at (585) 284-0220, or, for corporate administrative matters, please call our Co-President and Chief Executive Officer, Randolph S. Hudson, at (702) 449-7068. YDGE accepts any inquiry at ir@ghgmontaq.com.

Please note: Some of the statements we are making in this release are subjective and written in our favor. We consider these types of statements to be "forward-looking." Consequently, we are claiming "safe harbor" for these statements. Please refer to Section 27A of the Commission Act of 1933 (15 U. S. C. 77z-2) and Section 21E of the Commission Exchange Act of 1934 (15 U. S. C. 78u-5) for additional definitions and information on forward-looking statements and eligibility by YDGE for safe harbor.

Contact Information

  • Co-President and Chief Operating Officer
    Michael P. Grande
    (585) 284-0220

    Co-President and Chief Executive Officer
    Randolph S. Hudson
    (702) 449-7068