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


To: Jeffrey S. Mitchell who wrote (80)10/15/1999 5:02:00 PM
From: surelock  Read Replies (1) | Respond to of 228
 
LOS ANGELES, Oct 15, 1999 (BUSINESS WIRE) -- Las Vegas Entertainment
Network Inc. (Nasdaq:LVEN) (the company) said it is withdrawing its
tender, which may be refiled at a later date, for 100% of the shares of
Jackpot Enterprises Inc., in order to re-evaluate the price per share.

This is being done in light of statements made to the company by
shareholders that are seeking a higher price. In any event, the
company's position will be that it will require a minimum of 80% to
conclude the transaction.

Investors are cautioned that this transaction involves risks and
uncertainties. Investors who seek more information about the company's
business and relevant risk factors may wish to review the company's
periodic reports filed with the Securities and Exchange Commission
including, but not limited to, its most recent Annual Report on Form
10-KSB and Quarterly Reports on Form 10-QSB.

This is not a solicitation to invest and certain material facts may be
omitted or not fully disclosed. LVEN's joint venture agreement will be
provided in the company's upcoming 10-Q and 8-K filing with the
Securities and Exchange Commission. The company urges caution in
trading its securities until it provides further details.




To: Jeffrey S. Mitchell who wrote (80)10/17/1999 4:20:00 AM
From: EL KABONG!!!  Read Replies (2) | Respond to of 228
 
Here's some stuff I found on Fred's old business, Continental Wellness
Casinos...

Looks like they were a creditor in the Stratosphere fiasco...

bankruptcydata.com

Reorganization plans referred to in the prior link...

turnarounds.com

Well, well, well... who woulda thunk it? Continental Wellness was a public company, and if you follow the line of name changes, and the dates on the filings, you'll be up to snuff (well, through 10/1/99 anyway) on where they are... The reading is most fascinating, and the valuation methods and assets, uh... interesting as well.

sec.gov

In this particular filing (selected at random), we find a brief bio on
Fred Cruz and many new insider names we've not encountered before.

sec.gov

KJC