Sack Lunch Productions Inc (SAKL)

[Capstar]

NXHD Revenues up 32%...Net Losses decreased -

Revenue
Gross revenues for the three months ended March 31, 2011, were $699,867 as compared to $530,175 for the same period in 2010. The increase in revenue for the three months ended March 31, 2011 compared with the same period in 2010 was $169,692, or 32%, is due to an overall increase of revenue from all areas of our business.

Net Losses
Our Net Loss for the three months ended March 31, 2011, decreased to $53,800 from $993,426 for the three months ended March 31, 2010. This decrease over the comparable quarterly period is primarily due to a decrease of $329,586 of general and administrative expenses.

Pgs 23 & 24 NXHD 2011 Q1