Replies to post #1412 on Scores Holdings (SCRH)

[otcbargains]

I guess these 3 will be on the next report and then the ones in the build out stage will be in future reports. More growth as far as the eye can see.

On June 17, 2015, we (through our subsidiary Scores Licensing Corp.) entered into a trademark license agreement with Dick S. Shappy, granting it an exclusive, non-transferable license for the use of certain Scores trademarks in its night club/restaurant in Providence, Rhode Island. The license is for a term of five years, with two successive five year renewal terms. The license agreement provides for fixed royalties at the rate of $10,000 per month. Pursuant to the agreement, SLC also granted the licensee a non-exclusive, non-transferable license to sell certain licensed products bearing our trademarks.

Effective June 15, 2015, we (through our subsidiary Scores Licensing Corp.) entered into a trademark license agreement with CG Consulting LLC, granting it an exclusive, non-transferable license for the use of certain Scores trademarks in its night club/restaurant in Columbus, Ohio. The license is for a term of five years, with five successive five year renewal terms. Upon the earlier of the club becoming fully operational or three months from the date of the agreement, we will receive royalty payments of $1,250 per week. After the first two years of the term of the agreement, the licensee shall pay us royalties equal to the greater of 4.99% of the licensee’s monthly revenue or $1,250 per week.

Effective July 24, 2015, we (through our subsidiary Scores Licensing Corp.) entered into a trademark license agreement with Funn House Productions LLC, granting it an exclusive, non-transferable license for the use of certain Scores trademarks in its night club/restaurant in New Haven, Connecticut. The license is for a term of five years, with five successive five year renewal terms. The license agreement provides for fixed royalties at the rate of $5,000 per month for the first year of the agreement, increasing to $10,000 per month thereafter.


Plus these currently in the build out stage

SCORES PRESENTS CHARLOTTE 1

SCORES PRESENTS CHARLOTTE 2

SCORES PRESENTS HICKORY

SCORES PRESENTS TROPHY CLUB

SCORES TOLEDO

SCORES PROVIDENCE

[badman]

Results of Operations JUNE 30, 2015 UPDATE

Three Months Ended June 30, 2015 (“the 2015 three-month period”) Compared to Three Months Ended June 30, 2014 (“the 2014 three-month period”).

Revenues:

(I See only 12 licensee's producing revenue at this time leaving the door open for an even higher next quarter) and we are up to 35 followers now :) :) :)

Revenues increased to $392,279 for the 2015 three-month period from $166,405 for the 2014 three-month period.


(1) Revenues from the New York Club decreased twelve percent (12%) to $22,003 as compared to $24,987 for the 2015 and 2014 three-month periods, respectively.

(2) Revenues from our Chicago nightclub increased twenty-four percent (24%) to $43,867 for the 2015 three-month period from $35,489 from the 2014 three-month period,

(3) Revenues from our Baltimore club decreased three percent (3%) to $35,645 for the 2015 three-month period from $36,645 for the 2014 three-month period

(4) Revenues from our New Orleans club remained the same at $30,000 for the 2015 and 2014 three-month period.

(5) Revenue from our Tampa club remained the same at $30,000 for the 2015 and 2014 three-month period.

(6) Revenue from our Scoreslive.com licensee decreased seventy-six percent (76%) to $2,264 for the 2015 three-month period from $9,285 for the 2014 three-month period.

(7) Revenues from our Atlantic City nightclub licensee remained the same at $30,000 for the 2015 and 2014 three-month period.

(8) Revenues from our Houston Club increased one hundred percent (100%) to $11,500 as royalties commenced in the fourth quarter of 2014.

(9) Revenues from our Harvey Club increased one hundred percent (100%) to $15,000 as royalties commenced in the fourth quarter of 2014.

(10) Revenues from our Gary, Indiana Club increased one hundred percent (100%) to $2,000, as royalties commenced in the first quarter of 2015.

(11) Revenues from our Savannah Club increased one hundred percent (100%) to $85,000 as the Club has started to pay royalties including past due royalties.

(12) Revenues from our Jacksonville Club increased one hundred percent (100%) to $85,000 as the Club has started to pay royalties including past due royalties.

Since our licenses are mostly structured such that we receive a percentage of revenues from our licensees, the foregoing increase or decreases are a direct result of revenues at the licensee level.

And we are moving up to the round number of 20 producing licensee's.................