| From: jmhollen | 10/29/2010 10:00:52 PM | | | | | | About CGAQ: Caribbean Casino and Gaming Corp (CGAQ) is focused on becoming the leading gaming and entertainment company in the Caribbean. Poised on maximizing upon the tremendous growth throughout the region, CGAQ has launched its first project in Puerto Plata, Dominican Republic.
The Dominican Republic, once a distant second fiddle to such Caribbean destinations as St. Thomas and Anguilla, has confidently stepped into the spotlight thanks to an impressive crop of luxury resort developments, 21 golf courses (including designer courses by Dye, Nicklaus, and Palmer), and attention from celebrities, politicos, and style icons. Now the economy is red hot, growing around 10 percent a year. With competition for foreign investors increasing, the Dominican Republic enjoys two advantages: low prices and large tracts of undeveloped land, something its smaller Caribbean neighbors typically lack.
Recently, the country has attracted large investments from tycoons such as Donald Trump, who is pouring more than $1 billion into resort and residence development on the island. In May, Donald Trump sold a whopping $368 million worth of lots in only 4 hours, part of a gigantic development called Cap Cana on the Dominican Republic's eastern tip. Built in partnership with a Dominican company called the Abrisa Group, Cap Cana will eventually cover 30,000 acres. It will feature luxury hotels, a huge marina with slips for mega-yachts, condos, luxury mansions and several golf courses designed by Jack Nicklaus. The project is cementing the Dominican Republic's entry into the high-end market, while creating thousands of jobs for Dominicans.
CGAQ's management team, after 5 years of researching the area, is confident they have found the jewel of the Caribbean offering the finest beaches, crystal clear Caribbean water and endless options for activities and adventures. Sosua, Puerto Plata is the Acapulco of the Dominican Republic and where you could say tourism first began back in the 70s and 80s. The first project is a casino servicing the patron's of the Sosua Bay Resort; a four star waterfront resort with 250 room and 4 restaurants, 3 pools, and steps to one of the country's most popular destinations; Sosua beach.
CGAQ's Sosua Bay Grand Casino is a 3 story entertainment complex overlooking the Sosua Bay Resort, beach, and Sosua bay. The 36,000 square foot building houses the brand new Sosua Bay Grand Casino, a nightclub, convention center, spa and fitness center. This is the premier location within Sosua as the main roads in the city lead you to the front door of the Casino. It’s within walking distance of local restaurants and businesses including the extremely popular Sosua beach. The location offers a tremendous advantage over the closest competitive casino within Sosua, primarily because it is located within walking distance of the main tourist areas of Sosua, and virtually all traffic must pass its building.
CGAQ continues to keep focus on big picture opportunities and maintaining its growth and expansion not only in the Dominican Republic, but throughout the Caribbean.
CHIEF EXECUTIVE OFFICER: STEVEN SWANK
Mr. Swank has been conducting business operations within Dominican Republic since 2003 which included the ownership of a hotel in Sosua, Puerto Plata and operation of Texas Hold-em poker tables through his company World Poker Tour S.A. which has been acquired by the Company.
His background includes nearly 40 years of entrepreneurial ventures ranging from real estate development, restaurant/nightclub ownership, introducing new building technology to Poland and Russia, operating a private label beer manufacturer that exported it's product to South and Central America and was the fastest growing beer in Brazil, and a small cigar rolling operation.
Steven has been successful operating the mini casino within the Sosua Bay Resort and will be responsible for overseeing the day to day operations of the Sosua Bay Grand Casino.
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| From: jmhollen | 10/29/2010 10:11:22 PM | | | | | | Sep 14, 2010 Attorney Letter with Respect to Current Information:
Law Offices of
KIMBERLY L. GRAUS, P.A.
4949 State Road 64 East, PMB # 141
Bradenton, Florida 34208
(941) 747-5290 phone
(866) 640-6858 facsimile
kgrauSI@tampabay.rr.com
September 14,2010
Pink OTC Markets, Inc.
304 Hudson Street, 2nd Floor
New York, NY 10013
Re: Legal Opinion, Adequate Current Information, Continuing Disclosure Requirements,
CARIBBEAN CASINO & GAMING CORPORATION, Quarter ending June 30, 2010. This office has been engaged by CARIBBEAN CASINO & GAMING CORPORATION, a Florida corporation, (the "Issuer") as its securities counsel and particularly for purposes of this opinion.
This opinion may be posted on the OTC Disclosure and News Service for viewing by the general
public and Pink OTe Markets may rely on said opinion in determining whether the Issuer has made
adequate current information publicly available within the meaning of Rule 144(c) (2) of the
Securities Act of 1933. Additionally, the Issuer's posted information includes all the information
that a broker-dealer would be required to obtain from the Issuer to publish a quotation for the
Securities under Rule 15c2-11 under the Securities Exchange Act of 1934 and complies as to form
with the Pink Sheets Guidelines for Providing Adequate Current Information.
Counsel is licensed in the States of Florida and Virginia and is a resident of the State of Florida.
Counsel is permitted to practice before the Securities and Exchange Commission and has not been
prohibited from practice thereunder.
For purposes of this opinion counsel has reviewed the:
1. Issuer's Quarterly Disclosure Statement for the period ending June 30, 2010 and posted
September 14,2010; and
2. Issuer's Quarterly Financial Statements for the period ending June 30, 2010 and posted August
16,2010; and
4. All prior disclosures posted by the Issuer with OTC Disclosure and News Service; and
4. Such other corporate records as were necessary and provided by management for purposes of
this letter.
The opinion and conclusions herein are based upon documentation and facts made available by the
Issuer and is based on the accuracy of those documents and facts. All such information is believed
to be true. In the event that the facts and information in all such documents are determined not to be
true, this opinion shall be null and void. Counsel has personally met with the Board of Directors
and has discussed with a majority of the Board of Directors and management of the Issuer the
Information provided and has received representations from the Issuer, its management and
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September 14, 20 10
directors as to the accuracy of the information provided for review. This opinion is further based
upon those representations.
The corporate offices of the Issuer are located at PO Box 20487, Bradenton, Fl. 34204. The primary
business is the operation of a casino and hotel in the Dominican Republic.
As of June 30, 2010, the authorized capital of the Issuer was 500,000,000 shares of Common stock
$.0001 par value; and 25,000,000 Preferred shares $.0001 par value. As of June 30, 2010, based on
the Transfer Agents' Complete Stockholders List of even date, there were 121,051,281 shares of
Common stock issued and outstanding. Pursuant to the Company's Representations, as of June 30,
2010, there were (a) 455,333 shares of Preferred A Stock outstanding, consisting of two series,
Series A had 5,333 shares outstanding and Series A-I had 450,000 shares outstanding and (b)
40,005 shares of Preferred B Stock outstanding, consisting of two series, Series B with 5 shares
outstanding and Series B-1 with 40,000 shares outstanding.
The Fiscal year end for the Issuer is December 31. Financial Statements of the Issuer are prepared
by Jerold Swartz, an independent accountant, and are not audited. These statements are then
reviewed by management prior to filing. The primary officer reviewing and approving the
Company's financial statements is Mr. Steven Swank. Mr. Swank is the President and CEO of the
Company. Mr. Swank has more than 40 years experience in entrepreneurial ventures ranging from
real estate development to restaurant and nightclub ownership, and has been conducting business
operations in the Dominican Republic since 2003.
There are no known threatened legal proceeding against the Issuer and there are no known defaults
on senior securities other than those disclosed in the posted Issuers Disclosure Statement.
The Transfer Agent for the Issuer is Transfer Online, Inc. 317 SW Alder Street, 2nd floor, Portland,
OR 97204. Phone: (503) 227-2950 and Fax (503) 227-6874. The agency is registered with the SEC.
In rendering the conclusion expressed below, I advise you that I am a member of the Bar of the
States of Florida and Virginia, and express no opinion herein concerning the applicability or effect
of any laws of any other jurisdiction, except the securities laws of the United States of America
referred to herein.
This opinion letter has been prepared and is to be construed in accordance with the Report on
Standards for Florida Opinions dated April 8, 2001, as amended and supplemented, issued by the
Business Law Section of The Florida Bar (the "Report"). The Report is incorporated by reference
into this opinion letter.
Further to a review of the books and records of the Issuer and discussions with management,
counsel is of the opinion that (i) the information provided by the Issuer and posted on the Pink
Sheets web site constitutes "adequate public information" concerning the Securities of the Issuer
and is "available" within the meaning of Rule 144(c) (2) of the Securities Act of 1933; and (ii) to
the best of counsel's knowledge, neither the Issuer nor any 5% holder of stock of the company is
Page Three
September 14,2010
currently under investigation by any federal or state regulatory authority tor any violation of federal
or state securities laws.
This opinion may be posted on the Pink Sheets news service for viewing by the general public and
Pink Sheets may rely on said opinion in determining whether the Issuer has made adequate current
infonnatian publicly available within the meaning of Rule 144(c) (2) of the Securities Act of 1933.
This opinion letter is not to be relied on by any other party or for any other purposes.
Additionally, the information posted by the Issuer includes all the information that a broker-dealer
would be required to obtain from the Issuer to publish a quotation for the Securities under Rule
15c2-11 under the Securities Exchange Act of 1934 and complies as to form with the Pink Sheets
Guidelines for Providing Adequate Current Information.
Counsel looks forward to making further disclosures to Pink Sheets News Services as required or as
requested by Pink Sheets or the Issuer. If you have any questions, please call me at 941.747.5290.
Sincerely,
Kimberly L. Graus, P.A.
Kimberly L. Graus
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| From: jmhollen | 10/29/2010 10:14:30 PM | | | | | | There is a possibility that this stock may be indirectly linked or related to BFHJ an online gaming and casino effort in Nicaragua. Any DD you discover regarding same and post here would be greatly appreciated.
Financial Reporting/Disclosure
Reporting Status Alternative Reporting Standard
Audited Financials Not Available
Latest Report Sep 14, 2010 Attorney Letter with Respect to Current Information
Regulatory Agency Deregistered a/o Aug 20, 2007
CIK 0001100392
Fiscal Year End 12/31
OTC Market Tier Pink Sheets Current
Profile Data
SIC - Industry Classification 7900 - Services-Amusement & Recreation Services
Business Status Development Stage Company
Incorporated In: FL, USA
Year of Inc. 2009
Employees 13 a/o May 20, 2009
Company Officers
Steven Swank CEO
Jerome Schwartz Accountant
Company Notes
* Formerly=Aladdin Trading & Company until 5-2009
* Formerly=Beverly Hills Ltd., Inc. until 8-06
* Formerly=Beverly Hills Country Club, Inc. until 8-98
* Formerly=Hawk International, Inc. until 2-98
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| From: jmhollen | 10/29/2010 10:27:38 PM | | | | | | Press Releases on CGAQ
1.
1011890540
Caribbean Casino and Gaming Corp. Offers 3 for 2 Share Conversion Guidance
3:24 a.m. Oct. 27, 2010 - Marketwire
2.
1011300556
Caribbean Casino and Gaming Corp. Continues Stock Buy Back Initiative During Its Anniversary Week With a 3 for 2 Regulation 144 Share Conversion for Shareholders on Record as of October 29th, 2010
3:55 p.m. Oct. 21, 2010 - Marketwire
3.
1010599562
Caribbean Casino and Gaming Corp. Completes, Signs Final Contract With Hotasa Hoteles for Its Second Casino Location, Casino Luperon Bay and the Galactic Night Club
12:24 p.m. Oct. 15, 2010 - Marketwire
4.
1010199465
Caribbean Casino and Gaming Corp. Announces Its One Year Anniversary Party Week With Live Entertainment by Zacarias Ferreira
1:22 p.m. Oct. 12, 2010 - Marketwire
5.
1009044841
Caribbean Casino and Gaming Corp. Secures Its Second Casino Location With Final Contract Signing Set for October 4th
7:59 a.m. Oct. 1, 2010 - Marketwire
6.
1008911048
Caribbean Casino and Gaming Corp. CEO Steven Swank Announces Stock Buyback Initiative
9:26 a.m. Sept. 30, 2010 - Marketwire
marketwatch.com
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