Elk Valley Rancheria Cautions Investors as R. Shawn Ellis Announces New Venture

CRESCENT CITY, Calif., June 3, 2011 /PRNewswire/ -- The Elk Valley Rancheria, California, a federally recognized Indian tribe, reviewed the recent press release made by R. Shawn Ellis purporting to announce his exploration of a new hotel concept and cautions investors considering a venture with the company. Multiple entities owned by R. Shawn Ellis have filed for bankruptcy leaving the Elk Valley Rancheria and other previous investors empty-handed.

The Tribe notes the following in that May 26, 2011 press release: "As the CEO of Ellis Gaming & Entertainment, LLC, R. Shawn Ellis engages in a hands-on approach in creating a business environment that is profitable for all groups, but more importantly, a long term benefit to the health and well-being of all partners involved in each and every venture."

Beware.  The Elk Valley Rancheria, California still waits for the profit, health and well-being from the ventures with Mr. Ellis.

"We want potential investors to understand the full-scope of the R. Shawn Ellis business," said Dale Miller, Chairman of the Elk Valley Rancheria.

See, In re Ellis Las Vegas, Inc, Case Number 10-32195; In re Ellis Partners, LLC, Case Number 11-12960; In Re Ellis Gaming & Entertainment, LLC, Case Number 10-34134; and In re R. Shawn Ellis, Case Number 11-12959 are all Chapter 7 bankruptcy filings in the United States Bankruptcy Court, District of Nevada filed voluntarily by the identified parties that are part of or affiliated with the "the Ellis Gaming group of companies that specializes in development and management of international and aboriginal gaming projects."

See also, Elk Valley Rancheria, California v. R. Shawn Ellis, et al., Case No. 2:09-CV-00621-KJD-GWF, United States District Court, District of Nevada.

Tribal Background

The Elk Valley Rancheria, California offers various governmental services to its members and operates several local businesses, including the Tsunami Lanes Bowling Alley, Del Norte Golf Course, Hiouchi RV Resort, and the Elk Valley Casino.  The Tribe also owns Elk Valley Rancheria Economic Development Corporation and Elk Valley Rock.  

SOURCE Elk Valley Rancheria