Exhibit 99
CAUTIONARY STATEMENTS FOR PURPOSE OF THE "SAFE HARBOR" PROVISIONS OF THE
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
The Company desires to take advantage of the new "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995 and is
filing this exhibit in order to do so. The following important factors,
among others, could effect the Company's actual results and could cause
such results to differ materially from those expressed in the Company's
forward-looking statements:
-The General Governmental Regulation of Gaming Operations - The
Company's approved and proposed gaming management operations will
be subject to extensive gaming laws and regulations, many of which
were recently adopted and have not been the subject of definitive
interpretations and are still subject to proposed amendments and
regulation. The political and regulatory environment in which the
Company is and will be operating, with respect to gaming activities on
both non-Indian and Indian land, is dynamic and rapidly changing.
Adoption and/or changes in gaming laws and regulations could have a
materially adverse effect on the Company. Interference with the
execution of the steps defined by the gaming laws and regulations by
interested third parties, although not included by the regulations, may
significantly slow the approval process.
-Key Personnel - The Company's inability to retain key personnel may
be critical to the Company's ability to achieve its objectives. Key
personnel are particularly important in maintaining relationships with
Indian Tribes and with the operations licensed by the FAA. Loss of any
such personnel could have a materially adverse effect on the Company.
-Competition - Increased competition, including the entry of new
competitors, the introduction of new products by new and existing
competitors, or price competition, could have a materially adverse effect
on the Company. Additionally, because of the rapid rate at which the
gaming industry has expanded and continues to expand, the gaming
industry may be at risk of market saturation, both as to specific areas and
generally. Overbuilding of gaming facilities at particular sites chosen by
the Company may have a material adverse effect on the Company's
ability to compete and on the Company's operations.
-Major Customers - The termination of contracts with major customers
or renegotiation of these contracts at less cost-effective terms, could
have a materially adverse effect on the Company.
-Product Development - Difficulties or delays in the development,
production, testing and marketing of products, could have a materially
adverse effect on the Company. The Company's aviation business is
subject, in part, to regulatory procedures and administration enacted by
and/or administered by the FAA. Accordingly, the Company's business
may be adversely affected in the event the Company is unable to comply
with such regulations and/or if any new products and/or services to be
offered by the Company can or may not be formally approved by such
agency. Moreover, the Company's proposed new aviation modification
products will depend upon the issuance by the FAA of a supplemental
type certificate with related parts manufacturing authority and repair
station license, the issuance of which no assurances can be given.
-Adverse Actions - Adverse actions by customers, competitors and/or
professionals engaged to serve the Company may cause project delays
and excessive administrative costs not controllable by the Company.
-Administrative Expenditures - Higher service, administrative or general
expenses occasioned by the need for additional legal, consulting,
advertising, marketing, or administrative expenditures may decrease
income to be recognized by the Company.
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