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.
