Yahoo / Market Guide - Million Dollar Saloon

Million Dollar Saloon Inc. provides management support and conducts its business operations through its wholly owned operating subsidiaries, Furrh, Inc., Tempo Tamers, Inc., Don, Inc. and Corporation Lex. The Company currently conducts business in two distinct areas: owning and operating an adult cabaret, and owning and managing income producing commercial real estate The Company, through Tempo, owns and operates an adult cabaret under the name The Million Dollar Saloon, which is its primary business operation. The Million Dollar Saloon opened with the intent of establishing a sophisticated entertainment environment focused on attracting a professional clientele. To enhance the club's appeal to its target market, The Million Dollar Saloon offers restaurant and bar service conducive to attracting businessmen and out-of-town convention clientele.

More from Market Guide: Expanded Business Description

Financial Summary

Million Dollar Saloon owns and operates an adult entertainment lounge and restaurant facility in Dallas, Texas under the name Million Dollar Saloon. MLDS also owns and manages commercial rental property in Dallas County. For the six months ended 6/30/01, total revenues fell 15% to $2 million. Net income fell 75% to $56 thousand. Revenues reflect lower patronage due to new City of Dallas regulations. Earnings also suffered from lower gross margins.

More from Market Guide: Significant Developments

Officers

	FY2000 Pay

Nick Mehmeti, 42 Pres, CEO, Chief Financial Officer, Director	$191.2K
Dewanna Ross, 44 COO, VP-Operations, Sec., Treasurer, Director	4.2K
Duncan Burch, 42 Exec. VP, Director	--
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..

More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options

Statistics at a Glance -- OTC BB:MLDS.OB

As of 31-Aug-2001

Price and Volume
52-Week Low on 27-Aug-2001	$`0.15`
Recent Price	$`0.20`
52-Week High on 27-Nov-2000	$`0.531`
Beta	`-0.26`
Daily Volume (3-month avg)	`2,773`
Daily Volume (10-day avg)	`2,000`
Stock Performance
big chart [1d \| 5d \| 3m \| 6m \| 1y \| 2y \| 5y \| max]
52-Week Change	`-54.3%`
52-Week Change relative to S&P500	`-38.7%`
Share-Related Items
Market Capitalization	$`1.15M`
Shares Outstanding	`5.73M`
Float	`1.40M`
Dividends & Splits
Annual Dividend (indicated)	$`0.04`
Dividend Yield	`20.00%`
Last Split	none

Per-Share Data
Book Value (mrq)	$`0.43`
Earnings (ttm)	-$`0.01`
Earnings (mrq)	$`0.00`
Sales (ttm)	$`0.69`
Cash (mrq)	$`0.13`
Valuation Ratios
Price/Book (mrq)	`0.47`
Price/Earnings	N/A
Price/Sales (ttm)	`0.29`
Income Statements
Sales (ttm)	$`3.97M`
EBITDA (ttm)	-$`2,000`
Income available to common (ttm)	-$`29.0K`
Profitability
Profit Margin (ttm)	`-0.7%`
Operating Margin (ttm)	`-2.5%`
Fiscal Year
Fiscal Year Ends	Dec 31
Most recent quarter	30-June-2001

Management Effectiveness
Return on Assets (ttm)	`-1.06%`
Return on Equity (ttm)	`-1.18%`
Financial Strength
Current Ratio (mrq)	`9.89`
Debt/Equity (mrq)	`0`
Total Cash (mrq)	$`752.0K`
Short Interest
Shares Short	N/A

See Profile Help for a description of each item above; K = thousands; M = millions; mrq = most-recent quarter; ttm = trailing twelve months; (as of 30-June-2001)

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