Ocean13 Hotel & Casino, S.A. Negotiated the Acquisition of Hotel Amon Plaza
November 29 2011 - 2:09PM
Marketwired
Robert Garner Esq. is pleased to announce that the Board of
Directors of Broadcast Marketing Group Inc (PINKSHEETS: BDCM) has
entered into a Binding Letter of Intent to acquire the assets of
Ocean 13 Hotel & Casino S. A. f/k/a Servicios Generales de
Administration Avanzada, S.A. through an Acquisition and Share
Exchange Agreement.
The Letter of Intent is subject to completion of satisfactory
due diligence, the satisfaction of closing conditions customary to
transactions of this nature. Upon execution of a definitive Share
Exchange Agreement Ocean 13 Hotel & Casino S. A. will operate
as a wholly-owned subsidiary of BDCM.
Hernan Carazo Bermudez, President, stated: "We believe that the
agreement reached with Ocean 13 Hotel & Casino, S.A. will
provide shareholder value to BDMC."
Ocean13 Hotel & Casino, S.A. has recently negotiated the
acquisition of Hotel Amon Plaza (www.hotelamonplaza.com), a Costa
Rica hotel which operates a 3,500 ft. casino, and sportsbook.
Safe Harbor Notice
This press release contains forward-looking information within
the meaning of Section 27A of the Securities Act of the 1933 and
Section 21E of the Securities Exchange Act of 1934, and is subject
to the safe harbor created by those sections. The forward-looking
information is based upon current information and expectations
regarding Broadcast Marketing Group Inc. These estimates and
statements speak only as of the date on which they are made, are
not guarantees of future performance, and involve certain risks,
uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results could materially differ from
what is expressed, implied, or forecasted in such forward-looking
statements.
Broadcast Marketing Group Inc future results may be impacted by
risks associated with rapid technological change, new technological
developments and implementations, execution issues associated with
new technology, changes in law, media publicity and the negative
impact this could have on competition, financial and budgetary
constraints of prospects and customers, international changes to
online gaming laws, government regulations, dependence upon key
employees, and its ability to retain employees. BDCM's future
results may also be impacted by other risk factors listed from time
to time in its Pink Sheet filings, including, but not limited to,
the Company's Annual Report. BDCM does not spam and does not
condone spamming.
Contact Information: Broadcast Marketing Group Inc Hernan Carazo
Bermudez President Email Contact
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