- From: <user33927827@mail.telepac.pt>
- Date: Thu, 11 Mar 1999 16:18:27
- To: <w3c-wai-gl@w3.org>
Dear Fellow Investor: Here is our latest company that we want to profile for you. The name of the company is:Las Vegas Entertainment, Inc. The company trades on the NASDAQ under the symbol: LVEN. The reason we are bringing the company to your attention at this time is they have just made a major announcement. LAS VEGAS ENTERTAINMENT NETWORK TO FINALIZE BAZILIAN DISTRIBUTION AGREEMENT. LAS VEGAS, NV. March 10, 1999: Las Vegas Entertainment Network, Inc (NASDAQ: LVEN), a communications and gaming entertainment company, announced today that it is in the final negotiations with a multi-national gaming company to obtain an exclusive distributor agreement to purchase electronic bingo machines for distribution in Brazil. The gaming company is a leading manufacterer of electronic gaming machines and will provide an exclusive sales agreement to LVEN subject to a minimum purchase order. LVEN expects the machines will meet the new Brazilian regulatory requirements and expects prompt government approval. Additionally, LVEN has an agreement with MG Marketing, PromocoesE Eventos Ltda, a leading Brazilian bingo marketing company, to aid with the placement of the bingo machines. Casino Co., a wholly owned subsidiary of LVEN, will be the operating entity responsible for the implementation of the Brazilian bingo business. Joseph A. Corazzi, President and CEO of LVEN said "this agreement and relationship with a major gaming company operating there (in Brazil) will help assure a successful implimentation of the operation". LVEN announced its intention of selling up to 10,000 bingo machines in Brazil as early as the third quarter of 1999. Now that the Brazilian economy as stabilized, LVEN plans to move forward with the project within the next 60 days. This news prompts us here at Profit 2000 to bring LVEN to your attention. Do your own investigation. Talk to your analyst. We believe the future looks for this very healthy company. Thanks for your responses. Remember, we are here to serve you and the small cap market place. ----------------------------------------------------------------- ----- This profile contains forward-looking statements. Actual results may vary due to a variety of risk factors, including, but not limited to, execution of definitive agreements, completion of due diligence, availability of substantial additional financing, and dependence on managements ability to execute and perform upon their business plan. PROFIT 2000 and its partners is an electronic publication committed to providing our readers with factual information on selected publicly traded companies. All information has been derived solely from the company mentioned. While we believe that all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. This profile is neither an offer nor a solicitation to buy or sell any securities that may be mentioned or implied. The editor(s), members of the editorial staff’s families, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the companies that appear in the publication. PROFIT 2000 has been paid a cash or stock fee of $ 10,000.00 to build, market and up-date web sites for publicly traded companies. Profit 2000 has been paid 5 thousand shares of LVEN, Inc stock. for the services listed above. THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED OR IMPLIED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF THE PUBLICATION. NOTE: Your name was added to our list because you have shown an interest in smart investing. If your name was added erroneously or you no longer wish to recieve to be on our mailing list, simply go to: www.investormail.com and send REMOVE to: LVEN@investormail.com. This message is not intended for Washington State residents.
Received on Thursday, 11 March 1999 22:55:10 UTC