Oasis Resorts International Inc. Announces New Symbol OAII.Business Editors WENDOVER, Nev.--(BUSINESS WIRE)--March 2, 2000 Oasis Resorts International Inc. (OAIS OAIS Open Archival Information System (library and information science) OAIS Officer Assignment Information System OAIS Opinion, Attitude, and Interest Survey ) Thursday announced that its previously announced one-for-five reverse split of its issued and outstanding common stock will be effective March 3, 2000. In conjunction with the reverse split, the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). has also issued the company a new symbol, OAII OAII Ocean-Atmosphere-Ice Interactions . OAII will be the new symbol beginning March 3, 2000. Oasis Resorts International Inc. is a hospitality and gaming company with development-stage and operational properties located in the United States and North Africa, with plans to expand into the Caribbean and to Asia. Note: 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 provides a "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. " for forward-looking statements. Certain information included in this news release (as well as information included in oral statements or other written statements made or to be made by the company) contains statements that are forward-looking, such as statements relating to plan for future expansion and other business development activities, as well as other capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. , financing sources and the effects of regulation (including gaming and tax regulation) and competition. Such forward looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward looking statements made by or on behalf of the company. These risks and uncertainties include, but are not limited to, those relating to development and construction activities, dependence on existing management, leverage and debt service (including sensitivity to fluctuations in the interest rates), domestic or global economic conditions, activities of competitors and the presence of new or additional competition, fluctuations and changes in customer preferences and attitudes, changes in Federal or State tax laws of the administration of such laws and changes in gaming laws or regulations (including the legalization LEGALIZATION. The act of making lawful. 2. By legalization, is also understood the act by which a judge or competent officer authenticates a record, or other matter, in order that the same may be lawfully read in evidence. Vide Authentication. of gaming in certain jurisdictions). For more information, review the company's filings with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K and certain registration statements of the company. |
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