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Diamondhead Casino Corporation
Diamondhead Casino Corporation Issues Status Report
November 29th, 2008
Diamondhead Casino Corporation (OTC Bulletin Board: DHCC) (the "Company") issued a status report for its shareholders. On June 23, 2008, the Company signed a non-binding Letter of Intent with Casinos Austria International Holding, GMBH ("CAI") to form a joint venture partnership to develop, build and operate a destination casino resort at the Company's Diamondhead, Mississippi property. On September 22, 2008, the Company, at the request of CAI, extended the terms of the Letter of Intent through December 21, 2008. On November 4, 2008, CAI informed the Company that, although it still believes in the project and hopes to continue as soon as the economic situation improves...
Source: Law & Health Weekly (2008-11-29)
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