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Microcap & Penny Stocks : KRUZ - European Cruises Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Kay who wrote (118)	11/4/1998 2:59:00 PM
From: Steven G. Trapp & Company	Respond to of 210

Jim; I will have to check and do some DD on this. Thank You for the question & insight.

To: Jim Kay who wrote (118)	11/6/1998 4:37:00 PM
From: Steven G. Trapp & Company	Read Replies (1) \| Respond to of 210

Europa Cruises Corporation Announces it Intends to Trade on the OTC Bulletin Board MADEIRA BEACH, Fla., Nov. 6 /PRNewswire/ -- Europa Cruises Corporation (Nasdaq:KRUZ - news) announced that on November 5, 1998, Nasdaq notified the Company that its request for continued inclusion on the Nasdaq SmallCap Market pursuant to an exception to the new $1.00 minimum bid price requirement, which became effective February 23, 1998, had been denied. Thus, effective with the close of business November 5, 1998, the Company's securities will no longer be traded on Nasdaq, but will be eligible to trade on the OTC Bulletin Board (OTCBB). Deborah A. Vitale, President, commenting on the announcement, stated: ''The Company's shareholders were adamantly opposed to a reverse stock split which would have enabled the Company to maintain its Nasdaq listing. However, the Company was convinced that the results of a reverse stock split would be temporary, at best, and that the negative effects of a reverse stock split were not justified by continued Nasdaq listing. The OTC Bulletin Board is a regulated quotation service that displays real-time quotes, last-sale prices and volume information in over-the-counter (OTC) equity securities. Shareholders should have no problem in the future trading their shares on the OTC Bulletin Board.'' For further information about the OTC Bulletin Board, visit their web site at www.otcbb.com. Europa Cruises Corporation is one of the largest off-shore gaming operators in the United States. It currently employs approximately 400 employees and owns and operates gaming ships out of ports located in Miami Beach, Ft. Myers, and Madeira Beach, Florida. In addition to blackjack, poker, slot machines, craps, and sportsbetting, the cruises offer fine dining, dancing and entertainment. Europa Cruises Corporation, through its wholly owned subsidiary, Casino World, Inc., intends to develop a destination casino resort at its 404 acre site in Diamondhead, Mississippi. The site, located immediately off Interstate 10, is adjacent to a site on which Circus Circus Enterprises, Inc., also intends to develop a destination casino resort and hotel. SOURCE: Europa Cruises Corporation -------------------------------------------------------------------------------- More Quotes and News: Europa Cruises Corp (Nasdaq:KRUZ - news)