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Re: jimbob4stocks post# 5783

Wednesday, 04/01/2015 11:34:23 AM

Wednesday, April 01, 2015 11:34:23 AM

Post# of 6062
Seems to me that the best solution to the bottom line is to stop producing shows because the more shows they produce the more money they loose.

On a serious note does anyone know who owns the Stereo Live Venue ?? Not the operating entity but the actual Real Estate. Do the directors own it ? Are they leasing it to the company ???

The only business that's making any money at all is the owner of 6400 Richmond Ave, Houston, TX. As a general rule of thumb, if you want to make money in the Concert Business own the Venue.

If NGHT bought it for 2 shares of stock then why are we leasing it for 360,000 a year ??? Whats up with the Goodwill write down of Full Access ??? Full Access is on the Masthead as a co producer along with NGHT for the Something Wonderful Festival.
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