Black Gaming Announces Reorganization.MESQUITE, Nev. -- On December 31, 2006, Virgin River Casino Corporation, RBG RBG Royal Botanical Gardens RBG Revolutionary But Gangsta (Dead Prez album) RBG Regalbediengerät (machine for moving pallets in an automatic warehouse) RBG Red Blue and Green , LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and B & B B, Inc. (the "Companies") announced the completion of a holding company reorganization whereby each of the Companies became direct or indirect wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Black Gaming, LLC ("Black Gaming"), a Nevada limited-liability company formed for the sole purpose of serving as holding company for the reorganization. Black Gaming has no other operations or assets other than its ownership interests in the Companies. The reorganization was consummated in part to streamline the organizational structure of the Companies and to allow for consolidated financial reporting. The reorganization had no effect on management or operations of the Companies. Virgin River Casino Corporation, RGB (Red Green Blue) The computer's native color space, which is the color system for capturing and displaying images. RGB was derived from our own perception of color because human eyes are sensitive to red, green and blue (see trichromaticity). , LLC and B & B B, Inc., directly and indirectly own and operate the CasaBlanca Hotel & Casino, the Oasis Hotel & Casino, and the Virgin River Hotel & Casino in Mesquite, Nevada. This release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results in future periods may differ materially from forward-looking statements made today because of a number of risks and uncertainties. Additional information about factors that could affect business operations is set forth in the joint SEC filings of Virgin River Casino Corporation, RBG, LLC and B & B B, Inc. |
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