Exhibit 99.1
Certification Pursuant to 18 USC, Section 1350,
as Adopted Pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002
In connection with the Quarterly Report of Million Dollar Saloon, Inc. (Million
Dollar Saloon or Company) on Form 10-QSB for the quarter ended September 30,
2002 (Report), as filed with the Securities and Exchange Commission, on the date
hereof, I, Nick Mehmeti, Chief Executive Officer and Chief Financial Officer of
the Company, certify to the best of my knowledge, pursuant to 18 USC 1350, as
adopted pursuant to ss.302 and promulgated as 18 USC 1350 pursuant to ss.906 of
the Sarbanes-Oxley Act of 2002, that:
1. The Report referenced above has been read and reviewed by the undersigned.
2. The Report fully complies with the requirements of Section 13(a) or 15(d)
of the Securities Exchange Act of 1934.
3. The Report referenced above does not contain any untrue statement of a
material fact or omit to state a material fact necessary in order to makes
the statements made, in light of the circumstances under which such
statements were made, not misleading.
I acknowledge that the management of the Company is solely responsible for
the fair presentation in the financial statements of the financial
position, results of operations and cash flows of the Company in conformity
with accounting principles generally accepted in the United States of
America.
Based upon my knowledge, the financial statements, and other such financial
information included in the report, fairly present the financial condition
and results of operations of Million Dollar Saloon, Inc. as of and for the
period ended September 30, 2002.
In my opinion, the accompanying interim financial statements, prepared in
accordance with the instructions for Form 10-QSB, are unaudited and contain
all material adjustments, consisting only of normal recurring adjustments
necessary to present fairly the financial condition, results of operations
and cash flows of the Company for the respective interim periods presented.
The current period results of operations are not necessarily indicative of
results which ultimately will be reported for the full fiscal year ending
December 31, 2002.
4. I acknowledge that the Company's Board of Directors and Management are
responsible for establishing and maintaining disclosure controls and
procedures for Million Dollar Saloon, Inc. These controls and systems are
designed to ensure that material information is made known to the Board of
Directors and Management of the Company, particularly during the period in
which this periodic report is being prepared. The Company's Board of
Directors and Management have evaluated the effectiveness of the Company's
disclosure controls and procedures within 90 days of the date of this
periodic filing.
5. I acknowledge that the Company's Board of Directors and Management are
solely responsible for adopting sound accounting practices, establishing
and maintaining a system of internal accounting control and preventing and
detecting fraud. The Company's system of internal accounting control is
designed to assure, among other items, that 1) recorded transactions are
valid; 2) valid transactions are recorded; and 3) transactions are recorded
in the proper period in a timely manner to produce financial statements
which present fairly the financial condition, results of operations and
cash flows of the Company for the respective periods being presented.
Exhibit 99.1
Certification Pursuant to 18 USC, Section 1350,
as Adopted Pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002
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All significant weaknesses in the design or operation of internal
accounting controls which could adversely affect Million Dollar Saloon's
ability to record, process, summarize and report financial data have been
identified by the Company's Board of Directors and/or Management have been
reported to the Company's independent auditors. Additionally, any fraud,
whether material or not to the financial statements of Million Dollar
Saloon, Inc. that involves management or other employees who have a
significant role in the issuer's internal accounting controls have also
been reported to the Company's Board of Directors and/or Management and to
the Company's independent auditors.
6. I have made the appropriate disclosures related to any significant changes
to the Company's system of internal accounting controls or in other factors
that could significantly affect our internal accounting control system or
the financial reporting derived therefrom.
/s/ Nick Mehmeti Dated: November 4, 2002
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Nick Mehmeti
Chief Executive Officer and
Chief Financial Officer