Please be advised that the director of International licensing, Delbert Blewett LLB, has resigned from his position. Both Delbert and 1-900 Jackpot, Inc (OTCBB: ONJP) mutually agreed to the resignation. Delbert resigns his position after only 4 months with the company.
Please be advised that Frank Pinizzotto and his investor relations firm are no longer involved with 1-900 Jackpot, Inc. 1-900 Jackpot wishes Frank the best in his new endeavors.
Please be advised that on August 28th, 2007 1-900 Jackpot, Inc made an error in reporting that "Emerge Enterprise LLC" would be attaining a potential Mexican lottery license for the "Lifestyles Immigration lottery" asset. Jackpot would like to state that a different Mexican-based firm will be providing the potential license. This firm will be announced as soon as negotiations and any necessary agreements are finalized.
1-900 Jackpot, Inc is a development stage company with no revenue or reoccurring sustainable revenue at this time.
1-900 Jackpot, Inc would like to announce that it has started the process of searching for a new chief executive officer. The 1-900 Jackpot team will be looking for individuals with a wealth of experience in the lottery industry, as well as having a deep passion for the business, its assets and the shareholders. We believe that this combination will be crucial for the day-to-day operations, as well as the business' long term goals.
Forward-Looking Statements
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the similar environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.