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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: TokyoMex who wrote ()4/17/2000 6:13:00 AM
From: beats_the_s_p500  Read Replies (1) of 34592
 
Exclusive Cruises & Resorts, Inc. Announces the Retaining of Accounting and Law Firm for Its Form 10 Filing
MIAMI BEACH, Fla.--(BUSINESS WIRE)--April 17, 2000--Exclusive Cruises and Resorts, Inc. (OTCBB: XCLU) today announced that it retained the accounting firm of: Gershon Preston, & Company of Miami Beach, Florida for the completion of its 1999 annual audit and the Law Firm of: Ms. Jody Walker of Littleton, Co. as its new corporate counsel to file its Form 10 application with the SEC to become a fully reporting company in compliance with new rules & regulations put into place by the SEC.

Commenting on the engagements, Dr. George Macropulos, Chairman & President of Exclusive Cruises and Resorts said, "The board of directors is delighted to have found and retained two firms that will bring a wealth of experience and serve XCLU's shareholders in the years to come.

"It is anticipated that both the 1999 audit and the Form 10 filing will be completed within the next 5 days."

Exclusive Cruises and Resorts, Inc. is also the parent company of ExclusiVacations, Inc., its principal sales and fulfillment arm. The company's sources of revenue include timesharing; cruise and room sales from its own properties, as well as general travel services to its customer base.

Financial statements in this press release other than historical facts are "Forward-looking" statements within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Exchange Act of 1934, And as that term is defined in the Private Securities Litigation Reform Act Of 1995. The Company intends that such statements about the Company's future Expectations, including future revenues and earnings, and all other Forward-looking statements are subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks And uncertainties and are subject to change at any time, the Company's Actual results could differ materially from expected results.

--------------------------------------------------------------------------------
Contact:

For Exclusive Cruises and Resorts, Inc.:
Steven G. Trapp & Company, 888/253-2542
trappc1@ibm.net
xclustock.com
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