Carnegie Cooke Announces Special Meeting of Shareholders for Consideration of Name Change to TrackBets International, Inc.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Carnegie Cooke & Company, Inc. (PINK SHEETS:CGKY) Carnegie Cooke today announced it intends to change its name to TrackBets International, Inc. upon approval of shareholders at a special meeting to be held in November in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . All stockholders are invited to attend the meeting in person. The time and location of the meeting will be announced in a subsequent release. Proxies will be sent to all shareholders of record so that shareholders who cannot attend the meeting can cast their votes. Management selected the name after a two-week study was conducted in several Brazilian cities testing several brands for ease of pronunciation pronunciation: see phonetics; phonology. Pronunciation - In this dictionary slashes (/../) bracket phonetic pronunciations of words not found in a standard English dictionary. and the public's ability to associate the brand with the wagering wa·ger n. 1. a. An agreement under which each bettor pledges a certain amount to the other depending on the outcome of an unsettled matter. b. A matter bet on; a gamble. 2. and turf industry. "The change of name represents a complete re-launch of our company. We have a new management team and with that, a new approach to our business using a sound formation of tested business principles and experience. As we have gone fairly unrecognized in the turf and pari-mutuel simulcast business, TrackBets International is an easily identifiable brand, which correlates directly to our industry. It also provides a vehicle for future growth in markets outside of Brazil as we forecast new opportunities on a two to three year time-horizon. This is the right decision for our business at the right time and we fully expect strong shareholder support.", commented President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. John D. Samuel. About Carnegie Cooke & Company, Inc. Carnegie Cooke is a media and distribution company within the Brazilian turf industry. Carnegie Cooke's Brazilian subsidiary is granted the right by the Brazilian Association of Jockey
In sport, a jockey is one who rides horses in thoroughbred horse racing or steeplechase racing, primarily as a profession. Clubs and by endorsement of the Brazilian Department of Agriculture to distribute international simulcast racing throughout Brazil. For more information, please visit Carnegie Cooke's website www.carnegiecooke.com. 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. Statement: Except for historical information, the matters set forth herein, which are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, perceived or actual benefits from Carnegie Cooke's planned operations, the market acceptance and level of sales derived from its operations, the competitive environment within the Brazilian turf industry, and the successful technical and economic implementation of its operations. |
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