RANCHO MIRAGE, Calif., March 3 /PRNewswire-FirstCall/ -- Niteagle
Systems Inc. (Pink Sheets: NGLE) today announced it is in discussion with
Sonoma International, Yucaipa, California, to joint venture the
construction and operation of a hotel resort and casino near San Felipe,
Mexico in Baja California. Sonoma was previously named Ad Valora.
"The project would include a five star hotel and a 40,000 square foot
casino featuring the same popular gaming found in Las Vegas," said Burt
Parker, President, Sonoma International. "We are also discussing
construction of a professional golf course and condominiums on nearby
oceanfront property."
The San Felipe area is renowned for its sunshine and its fishing, which
are additional attractions for visitors. Niteagle said that because these
discussions are serious, ongoing and making progress, it felt obligated to
notify its shareholders.
Forward-Looking Statements
This document contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, including, without
limitation, statements regarding the plans and expectations of company
management at the time of publication. However, actual company actions,
performance, development of stated products, sales and marketing activities
are subject to change. Actual results could differ materially as a result
of unknown risks and uncertainties, including but not limited to, risks
related to Niteagle Systems Inc.'s limited operating history. All
forward-looking statements in this document are based on information
available to Niteagle as of the date hereof and Niteagle assumes no
obligation to update these forward-looking statements.
Monday, March 3, 2008
Niteagle Systems Announces New Discussions on Hotel, Casino in Baja California
Posted by Durka Durka Photo Jihad! at 9:18 AM
Labels: San Felipe
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