Tuesday December 14, 3:59 pm Eastern Time
Company Press Release
Total Entertainment Files Form 10-SB To Become a
Fully Reporting Company
MONTREAL--(BUSINESS WIRE)--Dec. 14, 1999--Total Entertainment Inc., (NASD OTCBB: TTLN) today announced
that it has filed a Form 10-SB Registration Statement with the United States Securities and Exchange Commission, (SEC) to
become a fully reporting company with the SEC under the Securities and Exchange Act of 1934.
Total Entertainment Inc.'s auditor is Grant Thornton LLP., Edison N.J., and its corporate and securities counsel is Sadis &
Goldberg LCC. New York N.Y.
The Form 10-SB filing establishes a public file containing material financial and business information on the company for use by
investors, and also, upon its effectiveness, will obligate the company to keep such public information current by filing periodic
reports on Forms 10-QSB (Quarterly Report) and 10-KSB (Annual Report), and for certain current events.
The company's Form 10-SB filing is subject to SEC review and comments.
Audited financial statements as of years ended December 31, 1998 and 1997. Financial Statements for nine months ended
September 30, 1999 are included in the Form 10-SB filing.
Sandy Masselli Jr., Chairman and CEO, stated ``We are pleased that the audit process has been completed, we have worked
very hard on the preparation and release of both the Audit and 10-SB Registration Statement.' In the coming weeks we expect
to announce the appointment of an Investor Relations Firm, along with the launch of the www.go2total.com web site.
Mr. Masselli also stated, ``Just thirteen months ago we were a start-up company with one web site. We now have built a brand
name with our gaming sites. Our corporate mission from day one was to become an industry leader. In this short period of time
we accomplished our mission. Today we have some of the top gaming sites on the internet. The company will continue to
improve it's products and diversify into other E-Business models.'
TTLN's online gaming sites can be found at www.theonlinecasino.com, www.bingoonthenet.com, www.slotsvegas.com, its
Asian sites at www.dragongaming.com, www.theluckydragoncasino.com, www.dragonbet.com and its portal site at
www.go2total.com, Beta Version.
The statements in this news release may contain forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor provisions of the
Private Litigation Reform Act of 1995.
Contact:
Total Entertainment, Inc.
Sandy J. Masselli, Jr. or Mitchell Brown, 514/842-6999
Investor Relations: Lewis Taylor, 310/575-9505 |
