Fairness Opinion and Valuation
Report
As LVFH and Bronx have certain common directors and senior officers, they have jointly
appointed an independent third party, Evans & Evans, Inc. Consequently, actual results could differ
materially from the expectations expressed in these forward-looking statements. and
at 4:18 p.m.
capturing top
If the proposed transaction is completed, it will provide LVFH with an additional revenue stream
.m. from Fern Rock
Transportation Center en route to Pattison Station for Friday's evening games.
+ 1:38 p.
In addition to the Sports Express trains, SEPTA operates regular Broad
Street Line
express and local train service in operation about every 12
minutes or less throughout the day.org
or by phoning the SEPTA Customer Service Department at
(215) 580-7800.capturing card
The Transaction
Pursuant to E&E's Fairness Letter and Valuation Report, LVFH will acquire Bronx's interest in the
Three Card Games Software for a consideration of $2,401,200 which is payable through the issuance of
6,670,000 common shares of LVFH at a fair market value of $0. The proposed transaction is subject to
acceptance for filing on behalf of LVFH by the TSX Venture Exchange.
The TSX Venture Exchange
has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this
news release.m.top trick
Independent board committees have also been appointed to deal with all aspects of the
transaction. As a result of this transaction, LVFH will own 100% interest in all of its Software including
the Three Card Games and furthermore, this revenue stream will accrue directly to LVFH's bottom line
. SEPTA will operate special Broad Street Line "Sports
Express" trains at 6:15 p.m. The Broad Street
Line offers fast service
and unbeatable convenience without any traffic delays or parking costs.
For fans connecting to the Broad Street Line in Center City via SEPTA's
regional rail system
, parking is free on Saturdays and Sundays at most
regional rail station lots and all SEPTA city TransPasses
become "Anywhere
Passes" on Saturdays and Sundays valid for travel on all SEPTA routes.euchre top
Las
Vegas From Home. The Three Card Games Software was jointly developed pursuant to a licensing agreement
dated November 4, 2002 between LVFH and Bronx which received the approval of the TSX Venture Exchange
on November 21, 2002. Any statement in this release containing words such as "believes", "plans", "expects
" or "intends" and other statements that are not historical facts are forward-looking, and these statements
involve risks and uncertainties and are based on current expectations.m.
Additional information
about all SEPTA services is available online at
http://www.septa.elixir evergreen
com Entertainment Inc. The 6,670
,000 common shares of LVFH will be restricted from trading for a period of twelve (12) months.Make a
Fast Break to March Madness Basketball at the Wachovia Center on SEPTA's Broad Street Line
PHILADELPHIA
, College basketball fans can make a
fast break to the NCAA Division I Men's Basketball Tournament
at the Wachovia
Center this weekend aboard quick and convenient SEPTA Broad Street Line
trains
.
Tournament games are scheduled in Philadelphia on Friday, March 17 and
Sunday, March 19.
, and 6:35 p.express evergreen
PRESS RELEASE Las Vegas From Home.Com Entertainment Inc. to Acquire Ownership and Royalty
Interest in Certain Card Games from Bronx Ventures Inc.
, of Vancouver, B.special games
36 per common share.trick card
"
Bronx President and CEO, Bedo H."
Statements made in this news release that relate to future
plans, events or performances are forward-looking statements.
Sports Express trains will also depart
Fern Rock at 1:28 p.
e evergreen
, 6:25 p.card euchre
m.elixir euchre
("LVFH") (TSX VENTURE:LVH)(OTCBB: LVFHFBRXVF), parties
related to each other by common directors and management, are pleased to announce that they have negotiated
an agreement whereby LVFH will acquire from Bronx a 50% ownership interest and 40% revenue interest
in certain gaming software consisting of three card games (the "Three Card Games Software").C. E&E have
completed and presented to both LVFH and Bronx their Fairness Letter and Valuation Report. The transaction
will also allow Bronx to dispose of non-core assets in order to enable Bronx to pursue its core business
of mineral exploration. Kalpakian added, "From Bronx's perspective we believe that better value will
be better realized through our increased equity stake in a financially stronger LVFH.m. + 4:28 p.card evergreen
(
"E&E") to provide a valuation and fairness opinion in respect to the proposed transaction.
Noted
LVFH President and CEO, Jake Kalpakian, "During fiscal 2005, LVFH paid Bronx $484,804 pursuant to Bronx
's interest in the Three Card Games Software. for Sunday's scheduled games.trick euchre
A community sponsored library.
-> Show WiseVault's Web Sites Listing For This Topic
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)