| | Business Summary | | Millennium
Sports
Management,
Inc.
has
developed
a
regional
sports
entertainment
and
recreation
center
in
Sussex
County,
New
Jersey,
known
as
the
Skylands
Park
Sports
and
Recreation
Center.
The
Complex
has
been
designed
with
a
view
to
addressing
both
the
entertainment
interests
and
the
sports
and
other
recreational
needs
of
the
region's
diverse
population
(including
interest
in
spectator
sports,
and
the
need
for
equipment
and
practice
facilities
for
participatory
sports
and
activities),
including
tourists
who
visit
the
region
regularly.
The
Company
also
seeks
to
take
advantage
of
the
related
market
for
sporting
goods,
sports
apparel
and
sports
collectibles.
The
centerpiece
of
the
Complex
is
Skylands
Park,
which
is
a
4,300
seat
professional
baseball
stadium,
and
is,
among
other
things,
the
home
of
the
New
Jersey
Cardinals,
a
Class
A
Minor
League
affiliate
of
the
St.
Louis
Cardinals
Major
League
baseball
franchise. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Millennium
Sports
Mgmt.
operates
a
regional
sports
entertainment
and
recreation
center
in
Sussex
County,
NJ,
which
includes
a
professional
baseball
stadium,
retail
stores,
batting
cages
and
other
recreational
facilities.
For
the
nine
months
ended
9/30/99,
revenues
fell
7%
to
$507
thousand.
Net
loss
decreased
70%
to
$423
thousand.
Revenues
reflect
the
lack
of
non-baseball
events.
Lower
loss
reflects
the
absence
of
of
a
$734
thousand
stock
compensation
charge. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Robert Hartung, 60 | Pres,
CEO, Chief Financial Officer, Chief Accounting Officer |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mspt.ob.gif)