| Business Summary | | Holly
Holdings,
Inc.
is
the
holding
company
of
Country
World
Casinos,
Inc.,
which
is
engaged
in
the
design,
development
and
construction
of
the
Hotel
and
Casino
(the
Hotel
Casino)
in
Black
Hawk,
Colorado.
The
plan
for
the
Hotel
Casino
will
be
an
eight-level
complex,
featuring
three
stories
of
hotel
rooms
above
a
two-story,
75,000
square
foot
casino,
and
a
three-story
parking
garage.
Other
amenities
will
include
one
or
more
full
service
restaurants,
a
buffet,
entertainment
lounge,
and
retail
shops.
When
completed
as
planned,
the
Hotel
Casino
will
be
the
largest
hotel
and
casino
complex
in
Colorado. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Holly
Holdings,
Inc.
is
focusing
all
its
attention
in
assisting
its
majority
owned
subsidiary,
Country
World
Casinos,
Inc.,
in
completing
its
plan
to
build
a
casino
and
hotel
complex
Colorado.
The
casino
will
be
40
miles
west
of
Denver.
For
the
nine
months
ended
12/31/97,
the
Company
reported
no
revenues.
Net
loss
from
continuing
operations
fell
55%
to
$1.2
million.
Lower
loss
reflects
lower
costs
and
expenses
due
to
a
reduction
in
salaries
and
lower
legal
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997 Pay | |
| Larry Berman, 61 Chairman,
CEO, Sec. | $117K | William Patrowicz, 49 Pres,
COO, Treasurer | 110K | Dollar amounts are as of 31-Mar-1997 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|