Littlefield plans El Paso bingo hall
Jeffrey L Minch, President and CEO of Littlefield Corporation made the following comment:
"We selected the El Paso market for its strong demographics and low level of current competition. Our new bingo hall will be a welcome addition to our portfolio. We are working with several charities who should receive their licenses in sufficient time to open the bingo hall in accordance with our targeted late September date.
We will be renovating the space to provide a great bingo experience before the opening date and may continue renovations after opening.
We performed extensive market analysis before deciding to enter the El Paso Bingo market and at this location. We are encouraged by the strong start-up performance of our new Corpus Christi hall and believe we will be able to recognize similar results in El Paso."
Investors are always cautioned to be careful in drawing conclusions from a single press release, the Company's performance in a single quarter or the individual opinions of any member of the Company's management in making their individual investment decisions.
