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Just watching the movement in Vegas. Big plays happening. Can’t make the connection but CLEV/Jericho must have a big connection to it
Also the fact that the only email for Jericho appears to be a hotmail account that no one can get an answer from is ridiculous.
This exactly. I have also heard rumors for over a year about uplisting but you cant just uplist for the hell of it. There needs to he some meat. Besides MGM which there were rumors around I wonder if maybe there is opportunity with the El Dorado and Ceasar merger I believe they may have to sell off some pieces as well. We are owed something here as far as the new name ,ticker, board etc.. if it's not in the annual report then I just don't know.
You can't just move to a higher exchange because you want to. You must have earnings to support the change, and as of now they have no significant earnings. Getting some ownership of a casino on the strip is essential and I am hoping that occurs soon. I thought for sure it would be the Rio or Circus Circus. Maybe we are somehow associated with "the affiliate" of Phil Ruffin that purchased Circus Circus. If not, the only one left is the MGM Grand, which would be fine with me. We need something to happen soon. On the other hand, I believe that there are too many big players associated with CLEV for it to fail, so I too have been picking up 100 share lots when the price dips.
We've all been a little mislead by rumors over the last year. I'm eager to see what the annual report says, which is only a couple weeks away. I would agree however that something will be happening fairly soon. I'm still picking up shares in anticipation for the announcement of the name change and moving to a higher exchange. This alone will cause some positive activity. Stay the course . . .
Care to share why you feel that way? We have all heard this before.
Looking like time to buckle up and hold on for the ride!!
At the end of the 3/21/19 corporate update it says contact: Ronald J. Tassinari at Rjtass@hotmail.com
At the end of the 5/16/19 corporate update it says contact Edward A Barth at Ebarth@neo.rr.com
I believe that Tassinari is with Jericho and Barth is with CLEV.
Lets send some emails and see what the answers are!!
Agree that there are still opportunities to be had. At this point, I'm just waiting for the annual report to come out which should be in the next 4-5 weeks.
I’m not giving up. An awful lot is going on on the strip. Think this is still huge!
All rumors and rumblings seem to have dried up. Imo its is strange to not at least have been given a corporate update on the new structure. Imo that plan was already in place for a long time why 6 months and no word? Having only a hotmail address is comical at best.
I for one am starting to wonder if everything outside the 1 tribal deal has fallen apart and we are in dead money here.
Anyone have any luck getting in touch with any of these emails?
Another one bites the dust. No corporate update no response to email not encouraging.
https://finance.yahoo.com/news/caesars-entertainment-announces-sale-rio-100000094.html.
Well what? I don't have answers but have been hearing rumors for the last year from another higher level shareholder. Another one to watch is the Rio Resort & Casino, as there has been talk/rumor of Caesar's letting that property go. I would have thought by now the company name and trading symbol would have changed then moved to a higher exchange. This (IMO) should be the next thing we hear. FY 2019 form 10k will be coming in the next 6-7 weeks, which should be telling in regards to where everything is at. Have a great weekend gents . . .
I don't think anyone knows who the buyer is. We will find out pretty soon. They can't keep this a secret for long. Guess who I am rooting for!!!
We're all still searching for a connection. Keep seeing Phil Ruffin's name thrown around with circus circus.
That's a fair take there are some players involved that are established even if the actual company is not. We will see. Nice to at least see a little life today.
I disagree. Read the May 22, 2017 Corporate Mission Statement and review the bio of Robert Gross, Rudy Prieto, and Ronald Tassinari. Quite impressive and definitely "known players" in Las Vegas. But who knows. We will find out very soon. No one can keep this a secret for too long.
This line gives me pause
"While we can’t share the name of the buyer at this time, it’s a known player in Las Vegas (and not an outside entity like Oyo, which purchased Hooters, or a private equity firm).
Very hard to call Jericho or Clev a known anything at this point.
It certainly fits the description in the March 21, 2019 Corporate Update. "The proposed acquisition has a complete casino, hotel, multiple restaurants, bars, and retail shops. There is ample parking, expansion possibilities and is in a choice Nevada location." Time will tell, but I picked up some shares today (hopefully a good idea).
Saw that. Just can’t make the connection!!! But more active today buying and selling. Who knows at this point
https://vitalvegas.com Check this out. Circus Circus sold. Hopefully to Jericho/CLEV.
Same here unfortunately. Discouraging
I emailed both but got no answer yet. Anybody have better luck?
Lol hotmail how professional. Will email in the a.m.
Don't know if these are valid, but we will see.
At the end of the 3/21/19 corporate update it says contact: Ronald J. Tassinari at Rjtass@hotmail.com
At the end of the 5/16/19 corporate update it says contact Edward A Barth at Ebarth@neo.rr.com
I believe that Tassinari is with Jericho and Barth is with CLEV.
Lets send some emails and see what the answers are!!
Sure I'm honestly skeptical they would answer anyone have a valid email?
Maybe we should start emailing the president and directors and ask questions!
Silence is deafening is right. I agree very odd to not hear a peep about the reorganization.
Silence is deafening is right. I agree very odd to not hear a peep about the reorganization.
Hmm. Shouldn’t there have been some guidance by now? Silence is deafening ???????
You think MGM? Interesting I was thinking maybe a property that needs sold off from the El Dorado Ceasars merge. I'm still surprised no update on the new company structure.
Rumor is that the casino on the strip they are talking about buying is one of the three still owned by MGM---The Bellagio, MGM Grand, and Circus Circus. My guess is that Circus Circus is the one they are trying to buy because the others would be too expensive, but who knows. MGM's second quarter conference call stated that MGM wanted to get rid of all 3 (sale and leaseback I believe) by the Fall, which is almost here. Maybe Jericho is trying to buy all 3. That would be nice. Hopefully something will happen soon.
Anyone have any thoughts?? Sure has been quiet since the last release. Wonder if we get anything before the next quarterly is due? I was hoping at least some clarity on the new company etc.
Some of the Strip names report this week wonder if we see anything?
Guess time will tell. Gut tells me something is going on just can't seem to find any storm clouds on the horizon.
???Quiet before the storm
I'm with you but interesting price action and volume all of a sudden.
Hope so but not holding my breath!!
Rumor is big announcements this week. Time will tell. Let's hope so.
Only skimmed it but nothing worth noting no real surprise. We need the next announcement on the future Company to get this thing moving again. Maybe we get another shot at cheap shares.
I'm not sure about the time line but everyday that ticks off the calender is another day close imo. After reading the last few pieces of news that have come out I think there's fire to this smoke. If they knock this down any further on low volume I'm ready to add. IMO there is a winner here. Hopefully soon.
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