OKLAHOMA CITY, Oct. 3, 2011 /PRNewswire/ -- Security First International Holdings Inc., (SCFR.PK) is pleased to Announce that after careful consideration along with attorney's advice SCFR has found a way to move forward with development of World Wide Texas Holdem (WWTH) software utilizing a different concept that addresses the legal ramifications that had caused the past concerns of legality. WWTH will be a Texas Holdem Only private poker club . WWTH will not give away cash as prizes as this is where the legalities crossed paths and instead will offer Gold Chips to member tournament winners. WWTH new concept is still in development and we are sure we have solved the issues that surround online gaming.
WWTH software will have to go through editing and the website will need reworking to fit this new potential model. WWTH as with Club WPT will offer an Online redemption center where Gold Chips won in tournaments can be redeemed for merchandise of choice or in Gift Cards. WWTH will establish website redemption centers. SCFR feels that online poker in a Private only Club membership based platform can add substantial income to the company as it develops the other projects in our company at this time.
With the interruption of our software development to legal concerns we are now faced with an unknown time frame to get our potential platform up and running for investors and poker club members. WWTH has purchased a Texas Holdem Software that we may implement while our software is in development to aid in building up our client base. The purchased software is a fully functional Texas Holdem Version and only needs minor adjustments and integration to be ready to implement. Once WWTH and SCFR makes a decision upon this aspect we will release an expected date that players can start. WWTH intends to award more Free Seats in WPT and WSOP poker tournaments that are for member winners than any poker site online today.
About Security First International Holdings Inc.
Security First International Holdings Inc. is a world wide investing, developing, creating, and marketing company of new technology primarily seeking out New Product Ideas and New Products for Consumer Consumption, Aiding Private Companies in development and production of Products for Manufacturing and distribution. Security First International will Target acquiring Private Companies as Subsidiaries whom Have either enhanced existing product modifications and or New Product Development. Securities First International Holdings will also seek out potential merging entities with focus on New Product design, development and Marketing Nationally as well as International Markets As of June 15, 2011.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This release contains forward-looking information. Statements that are not descriptions of historical facts are forward-looking statements provided under the "safe harbor" protection of the Private Securities Litigation Reform Act of 1995. These statements are made to enable a better understanding of the business, but because these forward-looking statements are subject to many risks, uncertainties, future developments and changes over time, actual results may differ materially from those expressed or implied by such forward-looking statements. Examples of forward-looking statements are statements about anticipated financial or operating results, financial projections, business prospects, future product performance and other matters that are not historical facts. Such statements often include words such as "believes," "expects," "anticipates," "intends," "plans," "estimates" or similar expressions.
These forward-looking statements are based on the information that was currently available to management, and the expectations and assumptions that were deemed reasonable at the time the statements were made. Management does not undertake any obligation to update any forward-looking statements in this report or in any other communications, except as required by law, and all such forward-looking statements should be read as of the time the statements were made, and with the recognition that these forward-looking statements may not be complete or accurate at a later date.
For more information, visit Security First International Holdings at http://www.securityfirstinternationalholdings.com/.
Contact SCFR - 1-405-225-8580
SOURCE Security First International Holdings Inc.