To: Stock Watcher who wrote (6763 ) 4/18/1999 11:42:00 PM From: Mr Metals Read Replies (1) | Respond to of 52051
Sounds huge to me.... Applies to -- KYOM Kyocera Management, Ltd. - Lottery Opportunity in China Kyocera Management, Ltd. - Lottery Opportunity in China NEW YORK (March 5) BUSINESS WIRE -March 5, 1999--The Board of Directors of Kyocera Management, Ltd. (OTC BB: KYOM) announces that it has entered into a Memorandum of Understanding with a company domiciled in the Peoples Republic of China ("China") to establish a joint venture to market a government-sanctioned lottery in China. The lottery would mirror the systems presently being used in the United States and Canada, with extensive controls and reporting. The Company has targeted a city in China with a population in excess of eight (8) million people to launch the project. The installation of approximately 200 electronic lottery kiosks is expected during the first phase of operations. The lottery project confirms the focus of the Company to engage in businesses which have established and proven management, and provide significant cash flow opportunities The Company is currently preparing its Form 10-SB registration statement for submission to the S.E.C. to enable it to become a reporting issuer. KYOCERA MANAGEMENT, LTD. On Behalf of the Board of Directors Bruce Ransom, President Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements, including without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. -0- MG/dx* CONTACT: Quantus Marketing Inc. David Bremner or Les Weinstein Tel: 1-800-261-6796