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Non-Tech : Country World Casinos Inc. (CWRC)

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To: bw who wrote ()3/7/1997 1:31:00 PM
From: Instock   of 169
 
I spoke with Presadent of Country World this AM.
Here is the condenced version of what he said.
Finiancing will all be in place from ONE week to Three weeks.
He is leaving this weekend for the west cost to talk to some people about the finiancing.
News plans are to build the Casino, Hotel and parking all at sametime.
Not piece meal as old plans ( They must think they have the funds to
change their plans )
They expect to break ground Mid summer or just before Mid summer.
There is only a 3 Mil float.
HOPR ( parent company ) owns 7 MIL of the 11 Mill shares.
No shares will be issuied for building ( GOOD!! )

He could not comment on any press releases that may be coming out.
He said that both HOPR and CWRC can and will do press releases about Country Would.
He sounded positive.Sounded a bit busy, but was willing to answer questions he could.
Could not answer some for obvios reasons.

Hope that helps all of you a bit about CWRC.
I feel good after talking to him.
Price could easly double, triple or more in short order.
Should be a good longer term hold too if all the news stays positive.
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