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Pour Bouy

12/01/11 7:53 AM

#35993 RE: frontloading #35991

Yes efrky it does look very promising for CGAQ to get the track on a lease bases. I believe it always was a lease to buy objective. If we do get the track and it is a lease to buy there are a million questions that need to be answered.

If it is a straight lease agreement we need to know what considerations we will be given to accommodate the cost of improving the conditions at the track. We could be dealing with millions here. If it's a lease to buy we need to know what the buying price is set at before improvements are made. Once this issue is resolved then we will get into the business of improving the track and installing the Vegas style casino, card room and so on. Much to be resolved.

These are my initial concerns. Have a nice day. PB