Carnegie Cooke Presents its Books and Records for Audit in Preparation of S.E.C. Filing.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 and Company, Inc. (CGKY.PK) is presently working with its internal accounting staff and its controller, Robert Scherne, to prepare its financial information for audit under USGAAP USGAAP United States Generally Accepted Accounting Principles rules. Mr. Scherne has been retained as a consultant performing services commonly performed by a chief financial officer or controller. As a non-reporting company, Carnegie Cooke does not have audited financial statements. However, with the retention of a controller as well as securities counsel, it is compiling com·pile tr.v. com·piled, com·pil·ing, com·piles 1. To gather into a single book. 2. To put together or compose from materials gathered from several sources: and characterizing its financial information as well as completing disclosure documentation for submission to the SEC. It intends to file a registration statement on Form 10-SB as soon as its audit is completed. It will then file through a market maker to have its common stock traded on the Over-the-Counter Bulletin Board. Carnegie Cooke is a media and distribution company in the Brazilian turf industry. The Brazilian Department of Agriculture reports that in 2003 turf/gaming industry revenues were in excess of US$400 million, in local racing events, using un-mechanized facilities. Carnegie Cooke's Brazilian subsidiary has been granted the right by the Brazilian Association of Jockey Clubs and the endorsement of the Brazilian Government to mechanize mech·a·nize tr.v. mech·a·nized, mech·a·niz·ing, mech·a·niz·es 1. To equip with machinery: mechanize a factory. 2. Jockey Club facilities and to implement international simulcast racing throughout Brazil. 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 United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , European, Brazilian and South American gaming industry, and the successful technical and economic implementation of its operations. |
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