Headliners Entertainment (fka HLEG)

[Look At This]

If you look at the just posted financials you will see a marked positive increase in how their operations are going. The percentage of cost for the revenues generated is decreasing, meaning better profit margin. This is not by accident. This is because they realize that by closing unproductive clubs that it is actually in their/our best interest. Those that don't believe it need to review the financials closely - very easy to see what is going on here. Look at how much better this is from the first 6 months to the last 6 months.

THIS IS A VERY POSITIVE SIGN AND THOSE THAT DON'T BELIEVE IT DON'T UNDERSTAND IT OBVIOUSLY. THIS WILL GO MUCH HIGHER IN MY OPINION. The MM's have taken out the weak hands and the strong and smart survived. They will prosper soon IMO.



PERIOD ENDING 30-Sep-06 30-Jun-06 31-Mar-06 31-Dec-05
Total Revenue 1,057 2,490 1,875 1,670
Cost of Revenue 308 859 636 462

Gross Profit 749 1,632 1,239 1,208

Operating Expenses
Research Development - - - -
Selling General and Administrative 870 2,163 1,937 2,183
Non Recurring - - - -
Others - - - -

Total Operating Expenses - - - -


Operating Income or Loss (120) (532) (698) (976)

Income from Continuing Operations
Total Other Income/Expenses Net (286) 193 146 (3,271)
Earnings Before Interest And Taxes (406) (339) (552) (4,246)
Interest Expense 228 234 375 503
Income Before Tax (634) (573) (927) (4,750)
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (634) (573) (927) (4,750)

Non-recurring Events
Discontinued Operations (1,010) (15) (923) (1,431)
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (1,644) (588) (1,850) (6,181)
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($1,644) ($588) ($1,850) ($6,181)