AngelCiti Enters Into $2.43 Million Credit Facility Agreement - 2004-02-12
AngelCiti Entertainment (OTCBB:AGEL) entered into
a Loan and Security Agreement for a Credit Facility of as much as $2.43 million with Finanzinvest, Ltd., a Bermuda investment company.

The Company will allocate the funds to further development of its online casino and poker software and expansion into the European and Asian markets. The agreement provides for a Credit Facility of up to $2.43 million, to be provided in increments, on a best efforts basis, with initial funding anticipated within 30 days.

"This credit facility is another strong step in the maturation of our Company," remarked AngelCiti president George Gutierrez.
Read the full story at PrimeZone

Training Injury Forces Jeff Lacy out of Boxing Showdown Against Tito Mendoza - 2004-02-12
Undefeated super middleweight contender JEFF “LEFT HOOK” LACY, 16-0 (13 KOs), incurred a training injury forcing him to withdraw from his WBC Continental Americas / USBA / NABA title defense against top-10 contender Tito Mendoza.

The championship bout was set for March 6 at Foxwoods Resort Casino, and was to be televised nationally on SHOWTIME Championship Boxing as the co-main event to the WBO jr. lightweight title rematch between Diego Corrales and Joel Casamayor, which will proceed as planned.

Lacy sustained the injury yesterday (February 10) from a punch which has caused some double vision.
Read the full story at Doghouse Boxing