| Business Summary | | Skyline
Multimedia
Entertainment,
Inc.
is
a
holding
company,
which
owns
all
of
the
outstanding
stock
of
its
operating
subsidiaries,
New
York
Skyline,
Inc.
and
Skyline
Virtual
Reality,
Inc.
The
Company
is
engaged
in
the
development
and
operation
of
state-of-the-art
simulator
attractions
and
high
technology
and
family
entertainment
at
established
tourist
sites
in
New
York
City.
The
Company's
revenues
are
generated
primarily
from
ticket
sales
for
New
York
Skyride
and
game
revenue
at
XS
New
York,
with
additional
revenues
generated
from
the
sale
of
food,
beverages
and
souvenir
merchandise.
The
Company
is
also
seeking
to
enter
into
corporate
sponsorship
and
advertising
arrangements
with
certain
consumer
product
companies
to
provide
additional
revenues
and
marketing
exposure. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Skyline
Multimedia
Entertainment
is
a
holding
company
engaged
in
the
development
and
operation
of
state-of-the-art
simulator
attractions
and
high-technology
and
family
entertainment
at
tourist
sites
in
New
York
City.
For
the
nine
months
ended
3/31/01,
total
revenues
fell
22%
to
$6.2
million.
Net
loss
before
extraordinary
item
fell
83%
to
$345
thousand.
Results
reflect
a
decrease
in
revenue
and
operating
expenses
due
to
the
closure
of
the
Company's
XS
New
York
Facility. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Steven Vocino, 45 | Chairman | Michael Leeb, 41 | Acting
Pres, COO | Ronald Aghassi, 34 | VP-Fin.,
Sec., Controller |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|