Sack Lunch Productions Inc (SAKL)

[Capstar]

NXHD Net Loss decreased 75% -

Revenue -
Gross revenues for the years ended December 31, 2010, were $2,345,546 as compared to $2,491,207 for the same period in 2009. The decrease in revenue for the year ended December 31, 2010 compared with the same period in 2009 was $145,661, or 6% is primarily due to a decrease of $335,000 in consulting revenue partially offset by an increase of $198,750 in salon services revenue.

Net Losses -
Our net loss for the year ended December 31, 2010, decreased to $1,273,486 from $5,148,571 for the year ended December 31, 2009, a decrease of 75%. This decrease is primarily due to a decrease of $2,535,640 of general and administrative expenses and a decrease of $1,000,000 of impairment of goodwill.

Pgs 35 & 36 -
http://otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=46690