| Business Summary | | Team
Sports
Entertainment,
Inc.,
formerly
Logisoft
Corp.,
is
a
sports
and
entertainment
marketing
and
management
company
dedicated
to
developing
undervalued
sports
and
entertainment
properties
and
discovering
niche
opportunities
to
serve
underdeveloped
market
segments.
Its
first
venture
is
TRAC,
Team
Racing
Auto
Circuit,
a
single
entity
sports
league
developed
as
a
new
category
in
motorsports.
Tapping
into
the
affinity
that
sports
fans
and
civic-minded
residents
have
for
their
city,
state
or
region,
TRAC
will
focus
on
growing
the
existing
base
of
stock
car
fans
through
team-based
marketing.
The
league
will
take
the
best
sports
business
practices
from
traditional
"stick
and
ball"
sports
and
leagues
and
combine
those
with
the
best
attributes
from
stock
car
racing
(i.e.
pageantry,
speed,
and
competitive
racing).
TRAC
will
provide
this
content
to
its
various
distribution
partners
through
a
league
structure
that
will
utilize
revenue
sharing,
centralized
purchasing,
and
brand
management. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Team
Sports
Entertainment
Inc.
is
a
sports
and
entertainment
marketing
and
management
company
dedicated
to
developing
undervalued
sports
and
entertainment
properties.
For
the
three
months
ended
3/31/01,
revenues
fell
55%
to
$20
thousand.
Net
loss
from
continuing
operations
totalled
$14
thousand,
vs.
an
income
of
$3
thousand.
Revenues
reflect
a
decrease
in
sales.
Net
loss
also
reflects
a
$92
thousand
increase
in
selling,
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Robert Wussler | Chairman | Jon Pritchett | Pres,
COO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|