SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 1, 1999
NEVSTAR GAMING & ENTERTAINMENT CORPORATION
(Exact name of Registrant as specified in charter)
NEVADA 0-21071 88-0309578
(State or other jurisdiction (Commission (IRS Employer
of incorporation File Number Identification No.)
313 Pilot Road, Suite B, Las Vegas, Nevada 89119
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area (702) 269-1325
Former Name or Former Address, If Changed Since Last Report
ITEM 5. OTHER EVENTS
On February 1, 1999, NevStar Gaming and Entertainment Corporation
(NASDAQ-AMEX: NVST) announced the election and appointment of Mr. James E.
Haglund to the Board of Directors to serve until the 1999 annual meeting
of stockholders.
Mr. Haglund is President and CEO of Central Container which is a private,
multi-million dollar manufacturer of packaging products located in
Minneapolis, Minnesota. Mr. Haglund also owns a number of smaller businesses
located in Minnesota. He joined Central Container as a partner in 1975 and
became sole owner of the company in 1980. Under his leadership, Central has
grown to be one of the premier providers of packaging materials from
corrugated to electro-static discharge products.
Dr. Michael J. Signorelli, NevStar's Chairman, commented, "Jim's success
reflects his excellent business leadership skills. He has and is on the boards
of several major companies, is a Regent for a very prestigious higher
educational facility and has represented his industry in both national and
international associations. Having Jim Haglund on our board is a major step
forward for NevStar."
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
99.2 Press Release dated February 1, 1999
FOR IMMEDIATE RELEASE
NASDAQ-AMEX TICKER SYMBOL: NVST
Contacts: Michael J. Signorelli, Chairman, CEO
Brent E. Duncan, CFO
(702) 269-1325
NEVSTAR ANNOUNCES NEW BOARD MEMBER
Las Vegas, Nevada Feb. 1, 1999 NevStar Gaming and Entertainment Corporation
(NASDAQ-AMEX: NVST) announced the addition of Mr. James E. Haglund to the Board
of Directors.
Mr. Haglund is President and CEO of Central Container which is a private, multi-
million dollar manufacturer of packaging products located in Minneapolis,
Minnesota. Mr. Haglund also owns a number of smaller businesses located in
Minnesota. He joined Central Container as a partner in 1975 and became sole
owner of the company in 1980. Under his leadership, Central has grown to be
one of the premier providers of packaging materials from corrugated to
electro-static discharge products.
Dr. Michael J. Signorelli, NevStar's Chairman, commented, "Jim's success
reflects his excellent business leadership skills. He has and is on the
boards of several major companies, is a Regent for a very prestigious higher
educational facility and has represented his industry in both national and
international associations. Having Jim Haglund on our board is a major step
forward for NevStar."
Mr. Haglund grew up on a farm in Isle, Minnesota and said, "I was born in
Minnesota, received my education in Minnesota and my businesses are in
Minnesota, but I see the opportunity NevStar has in Nevada and look forward
to working with the board to help the corporation reach its destiny."
NevStar Gaming & Entertainment Corporation is a company formed for the purpose
of acquiring, developing, constructing, owning and managing hotel/casino
projects. Its initial hotel/casino, the Mesquite Star Hotel Casino in Mesquite,
Nevada, has been operating since July 1, 1998.
Certain statements contained in this release are forward looking. Although
NevStar Gaming & Entertainment Corporation believes that its expectations are
based on reasonable assumptions within the bounds of its knowledge of its
business and operations, there can be no assurance that actual results will
not differ materially from its expectations. For important factors that may
cause actual results to differ materially from expectations and underlying
assumptions, see Company's Prospectus dated September 18, 1997, and its last
filed Forms 10-KSB and 10-QSB.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized, on the 1st day of February, 1999.
NEVSTAR GAMING & ENTERTAINMENT CORPORATION
By: /s/MICHAEL J. SIGNORELLI
Michael J. Signorelli
Its: Chairman of the Board and
Chief Executive Officer
By: /s/BRENT E. DUNCAN
Brent E. Duncan
Its: Chief Financial Officer and Treasurer