Margaritaville Resort Casino Announces Completion of Financing Feb 10, 2012 07:09PM

BOSSIER CITY, La., Feb. 10, 2012 /PRNewswire/ -- Bossier Casino Venture, LLC (dba Margaritaville Resort Casino) announced the successful closing of its project financing for the Margaritaville Resort Casino to be built in Bossier City, Louisiana. Construction on the $197 million casino and hotel resort is expected to commence immediately and extend for approximately 16 months, with a targeted opening date in June 2013.

The resort will feature a 30,000 square foot, single-level gaming floor, unlike the other existing riverboat gaming facilities in the Shreveport-Bossier City market. The casino will include over 1,300 slot machines and 46 table games as well as the famous "It's 5 O'Clock Somewhere" bar. The project will also feature a 396-room, 18 story hotel, a 900-seat state of the art entertainment venue, spa and fitness center, outdoor pool deck and dining area, dramatic landscaping and four food & beverage outlets, including the trademark Margaritaville Restaurant. 

"We are excited to begin construction on our Margaritaville Resort Casino, which will combine the care-free, island lifestyle theme of Margaritaville with a 'Las Vegas' style gaming experience and enable the Shreveport-Bossier City gaming market to experience major growth," said Paul Alanis, President and Chief Executive Officer, and former Chief Executive Officer of Pinnacle Entertainment, Inc. Concurrently with the closing of the project financing, Bossier Casino Venture, LLC exercised its option with Isle of Capri Casinos, Inc. and acquired Grand Palais Riverboat, Inc., including the gaming license held by that entity.  The movement of the license to Bossier Parish has previously been approved by the Louisiana Gaming Control Board and the voters in Bossier Parish. Margaritaville will be the sixth casino in the Shreveport-Bossier City gaming market and the first new facility in more than a decade.

The Margaritaville Resort Casino in Bossier City will be the third and largest Margaritaville-themed casino, with one location open in Las Vegas, Nevada and another expected to open within the next few months in Biloxi, Mississippi. The Margaritaville Resort Casino project will be located on the Red River, adjacent to the Louisiana Boardwalk — the largest outdoor shopping, dining and entertainment development in Louisiana.

Houlihan Lokey and Macquarie Capital served as joint-bookrunners on the project financing.

This press release shall not constitute an offer or solicitation with respect to any financing.

Released by: William E. Trotter, II, Chairman of The Board, Co-Managing Member / Bossier Casino Venture, Inc / 318.388-2166 / wtrotter2@gmail.com

SOURCE Bossier Casino Venture, LLC


Nan Richardson Named Director of Marketing & Business Development for JG Construction Feb 10, 2012 07:06PM

CHINO, CA -- (MARKET WIRE) -- 02/10/12 -- Nan Richardson has joined Chino, Calif.-based commercial/retail contracting firm JG Construction as director of marketing and business development.

In her new position, Ms. Richardson will be responsible for all marketing activities both internal and external, including client relations, creating and managing the marketing plan, as well as overseeing marketing communications for the firm, which is licensed in 11 western states, including Hawaii.

Ms. Richardson enjoys 20 years of successful experience in director-level positions in marketing, public relations and business development for prominent firms in the architectural and commercial interior design fields. She possesses a unique skill set, having earned a degree in Interior Design from American Institute of Interior Design in Lucerne, Switzerland, and worked as a commercial real estate broker. Ms. Richardson is active in a variety of industry groups and charitable endeavors. She was nominated for the 2005 "Top Women in Business" Award by the Orange County Business Journal.

"We are impressed with Nan's background and experience," said Wally Clark, vice president. "Her depth of knowledge and relationships in the commercial real estate industry are invaluable to our marketing efforts."

Founded in 1979, JG Construction is a Certified Woman Owned Business and licensed general contractor in 11 western states including Hawaii. Along with JG Service Company, the two entities comprise family-owned JG Companies and serve national commercial/retail clients with a vast range of projects, from ground-up to tenant improvements to interior remodels. JG Service Company for more than 33 years has provided electrical, mechanical and construction repair services to facility managers and property owners throughout California.

For more information, please visit www.jgconstruction.com, or contact Nan Richardson at (909) 993-9393, or nanr@jgconstruction.com.

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Contact:
Ann Romano
949/496-1076
Email Contact

Source: JG Construction


90 National Conservative Leaders Meet with Rick Santorum Feb 10, 2012 07:06PM

MANASSAS, Va., Feb. 10, 2012 /PRNewswire-USNewswire/ -- Richard A. Viguerie, the Chairman of ConservativeHQ.com, along with conservative activists Bill Wichterman and Rebecca Hagelin, hosted a luncheon and hour-long question and answer period for 90 national conservative leaders at the Conservative Political Action Conference (CPAC) in Washington, D.C.

"Four weeks ago, a large group of national conservative leaders met in Texas and came to the consensus that we should back Rick Santorum's campaign for President," noted Viguerie. 

"With relatively few resources, but lots of grassroots conservative support, Rick went on to win the Republican contests in Minnesota, Missouri, and Colorado," observed Viguerie. "Today's meeting will build more grassroots conservative momentum behind Rick's campaign."

"Rick Santorum is the only reliable conservative left in the race.  Whatever others may say, no other candidate can be counted on to populate his administration with conservatives the way Santorum can be.  No other candidate can be depended upon to govern as a conservative the way Santorum can be," said Viguerie.

Santorum's unscripted remarks at the luncheon focused on his commitment to the conservative agenda, the importance of the conservative movement in winning the 2012 election, and the important role conservatives will play in a Santorum administration.

"Conservative principles are the things that win elections," said Santorum, who also noted, "Conservatives aren't merely a wing of the Republican Party--they are the Republican Party."

Santorum's biggest applause came when, in a not-so-subtle reference to Mitt Romney, he promised the conservative leaders that, if elected, he "would not walk away from the conservative message. It is who I am.  I do what I do from the heart, not because some consultant or focus group tells me this is what to do or what to say."

"Rick Santorum is no stranger to the conservative movement.  We know Rick Santorum.  He walks with us, eats with us, and prays with us. He has celebrated our victories and mourned our losses," concluded Viguerie.

NOTE TO EDITORS:  Richard A. Viguerie pioneered political direct mail and has been called "one of the creators of the modern conservative movement" (The Nation) and one of the "conservatives of the century"(Washington Times).  He is the author of Conservatives Betrayed: How George W. Bush and Other Big Government Republicans Hijacked the Conservative Cause.

Contact:  Bob Sturm, (703) 396-6974 or Ryan Rogge, (703) 396-6971After 6 PM Eastern & on weekends,(703) 307-8176 or (703) 674-6948 

 

SOURCE ConservativeHQ.com


PetroFrontier announces change in management Feb 10, 2012 07:05PM

CALGARY, Feb. 10, 2012 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier Corp.("PetroFrontier") announced today that Peter Philipchuk, Vice President, Exploration, has resigned from PetroFrontier. PetroFrontier thanks Mr. Philipchuk for his service and wishes him well in his future endeavors.

About PetroFrontier Corp.

PetroFrontier is an international oil and gas company engaged in the exploration, acquisition and development of both conventional and unconventional petroleum assets in the Southern Georgina Basin in the Northern Territory, Australia, where it has an approximate 85.5% working interest in 13.6 million gross acres in four exploration permits.  PetroFrontier's head office is in Calgary, Alberta and operations office is in Adelaide, South Australia.

PetroFrontier's common shares are listed on the TSX Venture Exchange under the symbol "PFC".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE PetroFrontier Corp.


Gainey & McKenna and the Egleston Law Firm File Class Action Suit Against New Energy Systems Group -- NEWN Feb 10, 2012 07:00PM

NEW YORK, Feb. 10, 2012 (GLOBE NEWSWIRE) -- Gainey & McKenna and the Egleston Law Firm today announced that a class action has been commenced on behalf of an investor in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of New Energy Systems Group ("New Energy" or the "Company") (AMEX: NEWN) between April 15, 2010 and November 14, 2011, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act").

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Thomas J. McKenna, Esq. of Gainey & McKenna at (212) 983-1300, or via e-mail at tjmckenna@gaineyandmckenna.com or Gregory M. Egleston, Esq. of the Egleston Law Firm at (212) 683-3400, or via e-mail at egleston@gme-law.com. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

The complaint alleges that, during the Class Period, Defendants knew, or recklessly disregarded, that the Company's financial statements during the Class Period contained materially false and misleading statements because (i) the Company did not have loyal customers; (ii) the Company did not manufacture quality products; and (iii) there was no basis for the statements that the Company would continually receive orders from its customers or that the battery business will be profitable due to an outstanding battery quality and the strong distribution network. In addition, the Company's SEC filings, during the Class Period, were materially false and misleading because they failed to disclose that a significant portion of the Company's battery products were obsolete; that the quality of the Company's battery products had declined; that increased competition and counterfeit battery products were materially cutting into the Company's sales; and that, as a result of the foregoing, the Company's battery business had materially declined and the goodwill associated with the Company's battery business had become worthless.

Plaintiff seeks to recover damages on behalf of all purchasers of New Energy common stock during the Class Period (the "Class"). The plaintiff is represented by Gainey & McKenna and the Egleston Law Firm (http://www.gme-law.com), whose attorneys have decades of experience in prosecuting securities class actions and investor class actions throughout the United States.

CONTACT: Gainey & McKenna
         (212) 983-1300
Source: Gainey & McKenna


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