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Microcap & Penny Stocks : CINEMASTAR LUXURY THEATERS (LUXY)

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To: Anthony Graham Poyser who wrote (22)10/17/1997 3:34:00 PM
From: Candle stick   of 85
 
CinemaStar Schedules Special Shareholder Meeting

OCEANSIDE, Calif.--(BUSINESS WIRE)--Oct. 16, 1997--CinemaStar Luxury Theaters Inc. (Nasdaq:LUXY) has
scheduled a special meeting of shareholders to consider certain actions relating to the recently announced agreement for
CinemaStar Acquisition Partners L.L.C. to acquire a majority interest in CinemaStar through a $15 million purchase of newly
issued shares of CinemaStar's common stock.

The meeting is scheduled for Dec. 3 at 10 a.m. at CinemaStar's Ultraplex 10 at Perris Plaza, 1688 North Perris, Blvd., Perris,
Calif. A Notice of Special Meeting and a Proxy Statement will be mailed to shareholders of record on the close of business on
Oct. 29, 1997.
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