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Non-Tech : Casino Resource (CSNR--Nasdaq NMS)
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To: hoopsville who wrote (37)3/25/1997 11:06:00 PM
From: Scott   of 110
 
Tom,
The only reason that news release came out was because my broker in New Orleans called the company and asked them why they didn't post any positive release on the opening in Tenn. The response was that they didn't think it was that important. Management is doing absolutely zero to enhance shareholder value, and they are trying to vote themselves an options package when the stock is trading at a five year low.

These people need to do some PR!!! They announce a major failure in early Feb. with the Palace deal, and then are totally silent when there is some real positive news with the closing of a major deal that has been in the works for several months.

Management needs to be taught that this is a publicly traded company, and that the shareholders have a right to know what's going on. They cannot remain silent on these issues. What's going on in Michigan? All we know from the releases is that they have a joint venture agreement with Harrah's. I, for a fact, know that there have been some developments with this deal, but no word from CSNR on the progress. Come on guys!!! What's going on?! Earn that options package by enhancing shareholder value!!! And give us the opportunity to make some informed decisions regarding this company.
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