Blackbird International Signs Letter of Intent to Acquire Controlling Interest in Mexican Casino
22 März 2011 - 2:00PM
Marketwired
Blackbird International Corp. (PINKSHEETS: BBRD) announced today
that it has signed a letter of intent with Juegos De Mexicana S.A.
to acquire 50% interest in a new casino license issued by the
Mexican Federal authorities.
According to the letter of intent, Blackbird will own 50%
interest in the casino and will manage its operation. The casino is
fully licensed to operate electronic gaming terminals, bingo, keno,
electronic card games, sports better and several others. The
company expects to sign a definitive agreement on or before April
6, 2011.
"This potential agreement with Juegos De Mexicana will be our
entry to our new business model," said Albert Baierle, President of
Blackbird International Corp. "The revenues and profits from the
management of such an operation will enable our expansion to other
markets," further added Baierle.
Blackbird International Corp., has undergone a name and a
business change; it was formerly named Blackbird Petroleum Corp.
The company's core business is centered around casino operations
and gaming. The company will set up, manage and acquire casinos and
gaming ventures in North-America, the Caribbean as well as in East
Europe.
About Blackbird International Corp.
Blackbird International Corporation is a publicly traded casino
and gaming room operator, seeking to expand its operations in North
America, Caribbean and East Europe. The company's stock trades on
the Pinksheets market under symbol BBRD.
Important Information Forward-Looking
Statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they
relate to the company or its management, identify forward-looking
statements. These statements are based on current expectations,
estimates and projections about the company's business based, in
part, on assumptions made by management. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and probably will, differ materially from
what is expressed or forecasted in such forward-looking statements
due to numerous factors, including those described above. In
addition, such statements could be affected by risks and
uncertainties related to the exploration for and development of
mineralized material, product demand, market and customer
acceptance, competition, pricing and development difficulties, as
well as general industry and market conditions and growth rates and
general economic conditions. Any forward-looking statements speak
only as of the date on which they are made, and the company does
not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
release. Information on the Company's website does not constitute a
part of this release.
Contact: Albert Harold Baierle, Pres.
info@blackbirdinternationalcorporation.com
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