Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: eWhartHog who wrote (141)	3/7/1999 6:01:00 PM
From: Steven G. Trapp & Company	Respond to of 210

I don't know, but it appears well as Gregg Harrison purchased another 40,000 shares? Isn't insider buying usually a "Bullish Sign"? The information contained in this post is obtained from sources believed to be reliable, however, we cannot guarantee the accuracy of the information. The use of this information and/or the recommendation as a result is at the reader's own risk. Mr. Steven G. Trapp and/or his company/associates may hold long or short position, warrants or options, or may be in negotiations for/or have a consulting position in any of the companies posted about. It should not be assumed that these recommendations will be profitable, or that they will equal the performance of past.

To: eWhartHog who wrote (141)	4/7/1999 11:34:00 PM
From: Steven G. Trapp & Company	Respond to of 210

Europa Cruises Corporation Announces Sales Agreement For M/V Europa Sky And Madeira Beach Operation PR Newswire - April 06, 1999 17:44 MADEIRA BEACH, Fla., April 6 /PRNewswire/ -- Europa Cruises Corporation (OTC Bulletin Board: KRUZ) announced today that it had entered into an Agreement to sell the M/V Europa Sky and its Madeira Beach, Florida operation for six million dollars ($6,000,000) to Poseidon Sea Kruz, L.C., a Florida corporation. The Agreement is subject to certain contingencies, including financing. The proceeds of the sale will be used by the Company to pay First Union National Bank of Florida approximately two million dollars and to pay a substantial portion of the company's outstanding debt. Deborah A. Vitale, President of Europa Cruises Corporation, commenting on the proposed sale, stated: "The sale, if consummated, will give management the time and money to focus on Mississippi, where the real potential for shareholder value in this Company lies. The proceeds of the sale will be used to reduce the Company's total debt by approximately four million dollars. The Company's monthly debt service will fall substantially and the Company's payables will be dramatically reduced. The sale should place the Company on stable financial footing and will provide the Company with the funds needed to properly promote its Mississippi property. The Company's goal is to evolve into a corporation which generates a profit from its remaining core business while its management is allowed to devote itself to the development of the largest casino destination resort in the southeastern United States." Europa Cruises Corporation is one of the largest off-shore gaming operators in the United States. It currently employs approximately 250 employees and owns and operates gaming ships out of ports located in Ft. Myers and Madeira Beach, Florida. In addition to blackjack, poker, slot machines, craps, and sportsbetting, the cruises offer fine dining, dancing and entertainment. The Company, 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 /CONTACT: John R. Duber, Director and Director of Investor Relations, Europa Cruises Corporation, 440-331-0194 or 440-331-0195/ (KRUZ) -------------------------------------------------------------------------------- KRUZ %CNO %LEI %OTC V%PRN P%PRN