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Non-Tech : LVEN:NASDAQ--Las Vegas Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?


To: jay goldberg who wrote (12)10/8/1999 10:38:00 AM
From: John J. O`Reilly  Read Replies (1) | Respond to of 228
 
Jay,
The lv sun online lasvegassun.com (go down the front page and type in LVEN in the search box to get the story) says that the two investors have 64.7% control of the company. That would mean the company has 18.5 million shares outstanding as .647 times 18.5 equals 11.95.
Add the 305 million from the from the trusts purchase of
3 million shares make the co worth 495 million. Divide this by 18.5 shares outstanding and get 16.5 per share.
That 3 million shares is confusing. Don't want to add it on to the 18.5 as it would mess up the 64.7% value.

Best Regards,
JohnnyO



To: jay goldberg who wrote (12)10/11/1999 10:36:00 AM
From: surelock  Read Replies (1) | Respond to of 228
 
Jay,
The July 15, '99 press release for LVEN lists you as the
company contact person. Shouldn't you be disclosing that
here?



To: jay goldberg who wrote (12)10/11/1999 1:22:00 PM
From: StockDung  Read Replies (1) | Respond to of 228
 
that LVEN stinks,...So does Jay Goldberg

Subject 29276 created by:

Jay Goldberg, he did never disclose that he is in charge of LVEN:

lasvegassun.com.

LVEN spokesman Jay Goldberg said the company is
pursuing Jackpot because of its strategic fit with slot
operations that LVEN acquired in Brazil recently. The
Los Angeles-based LVEN now operates 1,200
machines in Brazil, Goldberg said, and intends to
expand to more than 50,000 machines.

"(Jackpot) is valuable to us," Goldberg said. "We will
be able to use Jackpot's back office, which is huge, to
plug in and operate the whole operation."

Goldberg said LVEN received $190 million in cash
last month, made available through an investment
agreement signed Sept. 29. LVEN today identified the
investors as Fred and Kari Cruz of Las Vegas, but
revealed no further information on them. Fred Cruz is
listed as owner of an entity called "Countryland
Wellness Internet Network Trust" in LVEN's filing
today.

The agreement gave the Cruzes 12.2 million shares of
LVEN stock at $15.80 per share.

Goldberg said LVEN has also closed a previously
announced $305 million investment agreement, giving
the company nearly $500 million in cash.