| Business Summary | | Taurus
Entertainment
Companies,
Inc.
currently
owns
and
operates
an
adult
cabaret
in
Austin,
Texas,
under
the
name
XTC
Cabaret.
The
Company
also
owns
a
facility
in
north
Houston,
Texas.
The
Company's
parent
company,
Rick's
Cabaret
International,
Inc.,
re-opened
the
north
Houston
location
as
a
Rick's
Cabaret.
The
Company's
other
real
estate
holdings
consist
of
350
acres
of
ranch
land
in
Brazoria
County,
Texas
and
approximately
50
acres
of
raw
land
in
Wise
County,
Texas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TAUR
operates
in
the
adult
entertainment
business
through
the
acquisition
of
existing
cabaret
facilities
and
the
opening
of
new
adult
cabarets
in
Houston,
TX
and
other
cities.
For
the
six
months
ended
3/31/01,
revenues
rose
4%
to
$780
thousand.
Net
income
totalled
$134
thousand,
up
from
$17
thousand.
Revenues
reflect
an
increase
in
cover
charge,
floor
fees
and
merchandise
revenues.
Earnings
benefitted
from
decreased
advertising,
repair
and
manintenance
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Eric Langan, 32 | Chairman,
Pres, CEO, Chief Financial Officer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|