Press Release
March 15, 2001
HOUSTON & NASSAU, Bahamas -- LASV Enterprises, Inc. (OTCBB:LASV), www.lasv.net,
and D.C.T. Corporation, Ltd. jointly announce that LASV Enterprises, Inc. (``LASV'') and D.C.T. Corporation, Ltd.
(``DCT'') have mutually agreed to terminate the Plan and Agreement of Merger (``Merger''), dated February 19, 2001,
which was previously announced and filed with the Securities and Exchange Commission in Form 8-K on February 22,
2001.
This mutual agreement to terminate the Merger is a result of LASV's desire to focus on the expansion of its plan
for the lottery, resorts and airline businesses, while the shareholders of DCT want to focus exclusively on the
development and commercialization of their wireless technology and search engine software.
LASV Enterprises, Inc., www.lasv.net, as originally stated in the corporation's
Investor Information Literature and Business Plan will continue to acquire and develop an Airline, Air Routes,
Destination Resorts which will include all accommodations and catering facilities as well as casinos and gambling,
Lotteries and Automated Teller Machines. LASV will continue its planned operations to enhance shareholder value
and further ensure the rapid growth of the company.
Safe Harbor Statement
Under the Private Securities Litigations Reform Act of 1995: Statements in this press release that are not historical
facts, including statements about plans and expectations regarding businesses and opportunities, demand and acceptance
of new and existing businesses, capital resources, and future financial condition and results are forward-looking.
Forward-looking statements involve risks and uncertainties, which may cause actual results in the future periods
to differ materially and adversely from those expressed. These uncertainties and risks include changing consumer
preferences, lack of success of new businesses, loss of customers, competition, and other factors discussed from
time to time in filings with the Securities and Exchange Commission.
SOURCE: LASV Enterprises, Inc. and D.C.T. Corporation, Ltd.
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Contact:
LASV Enterprises, Inc.
Tim Metz, 604/541-6253