TTLN News (1) Dec 8th 1999
Applies to: TTLN)
Total Entertainment to Become a Fully Reporting Company
MONTREAL, Dec 08, 1999 (BUSINESS WIRE) -- Total Entertainment Inc.,
(OTCBB:TTLN) today announced that it will file 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 LLC., New York, N.Y., and its
corporate and securities counsel is Sadis & Goldberg, LCC. New York
N.Y.
The Form 10-SB filing will establish 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 for year-end 1997and year-end 1998, (and
unaudited) first, second, and third quarter 1999 financial statements
will be included in the Form 10-SB filing.
Sandy Masselli Jr. Chairman and CEO, stated "We are pleased that the
audit process is now coming to an end. I have received the draft Form
10-SB from our printer, today. Upon review and approval of these
proofs, the company will imminently file these documents electronically
with the US Securities and Exchange Commission. Our company is poised
to become the leader in our industry while diversifying into other
additional e-business models."
TTLN's online gaming sites can be found at www.theonlinecasino.com,
www.bingoonthenet.com, www.slotsvegas.com, its Asian sites
www.dragongaming.com, www.theluckydragoncasino.com, www.dragonbet.com
and portal site 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.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: TOTAL ENTERTAINMENT, INC.
Sandy J. Masselli, Jr. / Mitchell Brown
514/842-6999
Investor Relations:
Lewis Taylor, 310/575-9505
investors@totalentertainmentinc.com
WEB PAGE: businesswire.com
GEOGRAPHY: INTERNATIONAL CANADA
INDUSTRY CODE: COMPUTERS/ELECTRONICS
ELECTRONIC
GAMES/MULTIMEDIA
E-COMMERCE
INTERNET
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