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FANTASTIC FOODS INTERNATIONAL TO PURCHASE EL DORADO CASINO

 DENVER, Oct. 12 /PRNewswire/ -- Arnold Guttenberg, president and chief executive officer of Fantastic Foods International Inc. (Electronic Bulletin Board: FCFO) today announced that the company has entered into a Purchase Agreement to acquire the El Dorado Casino located in Blackhawk, Colo.
 The terms of the transaction are for an undisclosed amount of cash, 16,000,000 shares of FCFO common stock, 500,000 Series A, $1 Par Value, Preferred Stock, and 500,000 shares of Series B, $1 Par Value, Preferred Stock.
 -0- 10/12/93
 /CONTACT: Arnold Guttenberg, President and CEO of Fantastic Foods, 303-758-0073/
 (FCFO)


CO: Fantastic Foods International Inc.; El Dorado Casino ST: Colorado IN: FOD CNO SU: TNM

MF-EH -- LA036 -- 1245 10/12/93 15:50 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
Words:121
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