|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0111 - 0.0135|
|52 Week Range||0.0100 - 0.0384|
|Beta (3Y Monthly)||-4.99|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The resort comprises of a private beach, 255 rooms and 20 suites, 8 restaurants, a wellness center, conference facilities and an 87 table/1,000 slot machine casino plus a VIP area. The casino and hotel resort is located in Loutraki, a seaside resort town, approximately 80 kilometers from Athens. As part of its plan to enter more lucrative market segments, Easton has been working with the bank and the consultants currently in charge of handling the sale of the property in Greece, since early this past summer. The opportunity and the advancement is as a result of strong relationships Easton CEO, Mr. Evan Karras currently holds with some senior members of Greece’s current ruling government and other influential business leaders in Greece who are all assisting in bringing the process closer for Easton and the consortium.
After several weeks of negotiations, Easton has reached a consensus on the main terms that will form the final agreement whereby Easton will take ownership of an operating Boutique Hotel located on Bay Street in the heart of Toronto’s Financial District and the City’s main tourist attractions. Once the transaction is completed, Easton has plans in place that will increase revenues to over $8,000,000 per year, which it intends to implement shortly after closing. Easton expects to have a final agreement signed by October 16, 2018 or shortly thereafter notwithstanding any unforeseen delays on other minor terms still to be agreed to.
In keeping with the company new corporate direction to enter into other lucrative business sectors and industries, Easton through the efforts of its CEO, Evan Karras, who has been in the hospitality industry globally for many years and the owner of several boutique hotels in Toronto, Easton has been presented with an opportunity to renegotiate the debt on a property which has had a successful and profitable operating boutique hotel on it since 2014, along with a successful restaurant and cafe/lounge. Although the hotel operations were halted in early 2018 due to the potential sale of the property, Easton and the new owners would restart operations within 30 days of a closed deal with the mortgage holders.
TORONTO, ON, Aug. 29, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Easton Pharmaceuticals Inc. (OTC: EAPH) announces that it has entered into a Letter of Intent to acquire an interest or participate in the development of a casino and hotel resort in Europe. The project will consist of 538 Hotel Rooms & VIP Suites, 5 Restaurants & Food Court, a Convention Centre, a Shopping Mall, Showroom, Nightclub, Health Spa Facility, a 1,000 Slot Machines and 50 Table Game Casino, and a 504 Car Covered Parking Garage. As part of the Company’s plan to enter more lucrative market segments, Easton has entered into a Letter of Intent with the US based gaming arm of a Canadian holding and investment company, to participate in the development of a casino and hotel resort property in Europe.
TORONTO, ON, Aug. 22, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Easton Pharmaceuticals Inc. (OTC: EAPH) Announces that it has begun discussions to acquire an interest or participate in the acquisition of an operating casino and hotel resort in Greece. As part of its plan to enter more lucrative market segments, Easton has begun discussions with a company acquiring an operating casino/hotel resort property in Greece. Easton’s CEO, Mr. Evan Karras, participated in the privatization of gaming in Greece in the 1990’s, has nurtured strong relationships and is familiar with the property and the gaming industry in the country.
Easton Pharmaceuticals, Inc. , is pleased to announce it is days away from its first equipment delivery to commence operations on its aggregate business with partner 1124123 Ontario Limited following its ...