[0] Latin American Casinos, Inc. Announces Financing of $3,500,000.Business Editors MIAMI--(BUSINESS WIRE)--Dec. 15, 2000 Latin American Casinos, Inc. (Nasdaq:LACI LACI Cardiology 1 A clinical trail–Laser Angioplasty for Critical Ischemia 2 Lipoprotein-associated coagulation inhibitor, aka Tissue factor pathway inhibitor, see there ) "The Company" today announced that it has raised $3,500,000 by the issuance of convertible debentures Convertible Debenture Any type of debenture that can be converted into some other security. Notes: For example, a convertible bond can be converted into stock. (the "Debentures") in a private placement. The Debentures are convertible into shares of Common Stock at a price of $1.75 per share. The Company will file a Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. which shall include a copy of the form of Debentures. Some of the statements in this release discuss future expectations, contain projections of results of operations or financial conditions or state other "forward looking" information. Those statements are based on our assumptions and are subject to known and unknown risks, uncertainties and other factors that could cause the actual results to differ materially from the results we currently contemplate. Important factors that could cause actual results to differ materially from projections include: any decision by major retail chains to discontinue selling all tobacco products or to place humidors in disadvantageous dis·ad·van·ta·geous adj. Detrimental; unfavorable. dis·ad  van·ta locations within their stores; changes in government regulations, particularly relating to relating to relate prep → concernantrelating to relate prep → bezüglich +gen, mit Bezug auf +acc cigars or small cigars, tax rates and similar matters. |
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