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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-C
Report by Issuer of Securities Quoted on NASDAQ
Interdealer Quotation System
Filed Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-176
or 15d-17 thereunder
Inland Casino Corporation
(Exact name of issuer as specified in charter)
4225 Executive Square, Suite 1650, La Jolla, California 92037
(Address of principal executive offices)
Issuer's telephone number, including area code: (619) 546-9383
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or
more in the number of shares outstanding.
1. Title of security: Common Stock
2. Number of shares outstanding before the change: 12,541,657
3. Number of shares outstanding after the change: 10,632,792
4. Effective date of change: March 4, 1996
5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.): Acquisition of
stock.
Give brief description of transaction: Issuer purchased and retired
1,908,865 shares of common stock from Jack R. Smith, a former officer and
director of the Issuer.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change:
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2. Name after change:
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3. Effective date of charter amendment changing name:
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4. Date of shareholder approval of change, if required:
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Date: March 8, 1996 /s/ L. DONALD SPEER, II
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L. Donald Speer, II
Chairman of the Board and
Chief Executive Officer