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Blue Ribbon World Resorts To Feature Neighborhood Pancake House Restaurants.


Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 6, 2002

GOLDSTAR International, Inc. Vice Chairman and Chief Executive Officer Donald A. Langreich has announced plans to form a joint venture with Neighborhood Pancake Houses, Inc., in conjunction with Blue Ribbon International, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 "BLRB BLRB Black Liquor Recovery Boiler (paper-manufacturing industry) ") to license and situate sit·u·ate  
tr.v. sit·u·at·ed, sit·u·at·ing, sit·u·ates
1. To place in a certain spot or position; locate.

2. To place under particular circumstances or in a given condition.

adj.
 a chain of first-rate restaurants in each of the company's Blue Ribbon World Resorts(TM) hotels and properties throughout the world.

Each restaurant will have a superior, tested and proven, standardized menu with a distinctive decor that reflects the high quality of the food and service and features landmarks, points of interest, history and lore of the local area of each restaurant. A prototype restaurant - The Garden City Pancake House - is currently undergoing pilot operations in Garden City, NY.

GOLDSTAR is raising in excess of $60 million for its multi-faceted operations, including the placement of Neighborhood Pancake House Restaurants in each of the Blue Ribbon World Resorts(TM) hotels.

Note: Forward looking statements in this release are made pursuant to the "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" provisions of the 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. Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and services, increased levels of competition for the company and other risks.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 6, 2002
Words:213
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