HOUSTON LASV Enterprises has concluded issues outstanding for the acquisition of the Hilton Hotel in Columbia. Confirmation and answers to issues and quesitons for LASV were provided regarding the newly issued casino license for the hotel, current appraisal of the hotel and final financial statements. Upon receipt of the final audited financial statements, the due diligence personnel will travel to Columbia to evaluate, analyze, finalize and conclude the 100% acquisition.
Architects are currently setting the designs for the casino within the hotel. LASV anticipates a dramatic escalation in net profits once the casino is operational within the hotel. (1/10/01)