American Vantage Announces Stockholders Meeting
NVOEMBER 19, 2007. American Vantage Companies (OTCBB: AVCS.OB) - American Vantage Companies ("AVCS" or the "Company" // AVCS.OB) today announced that its Annual Meeting of Stockholders will be held at The Orleans Las Vegas Hotel & Casino on Tuesday, December 4, 2007, commencing at 10:00 a.m. Las Vegas time. The Orleans Hotel & Casino is located at 4500 West Tropicana Avenue.
The Annual Meeting agenda will include presentations from Michael C. Woloshin, Chief Executive Officer of Candidates on Demand Group, Inc. ("COD" // www.codgi.com) and Robert F. Gross, Chief Executive Officer of Brownstone, LLC and Brownstone GoldTown, LLC.
As previously announced, on September 14, 2007, the Company acquired the New York City-based recruiting and temporary placement firm of COD. COD currently employs a staff of approximately 250 people with regional offices in New York, North Palm Beach, Florida, Dallas, Texas, Melville, New York, Westchester and Lyndhurst, New Jersey.
Brownstone, LLC, the Company's majority-owned subsidiary, holds the development agreement with the Big Sandy Rancheria Tribe of Western Mono Indians (the "Tribe") for development of a hotel and casino resort overlooking the San Joaquin Valley located in Friant near Fresno, California. The Tribe's hotel and casino resort is currently in pre-development.
The Company's majority-owned subsidiary, Brownstone GoldTown, LLC, holds an equity position in the GoldTown Hotel & Casino Resort project which is also in pre-development. GoldTown is a two-phase project with an estimated Phase I construction cost of $125 million. GoldTown will be located on a 45+ acre parcel in Douglas County, within minutes of Nevada's capital, Carson City.
In other matters, the Company also announced that its corporate web site will be available on-line during December 2007. The Company web site will be accessible at www.americanvantage.com.
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