Prospector
Profile
07.1634
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| CenterStaging Corporation |
NAICS |
711130 |
| 3407 Winona Avenue
Burbank, CA 91504 |
Description |
Magazine Publishing |
| (818) 559-4333 |
Employees |
110 |
| http://www.centerstaging.com/ |
Revenue |
(mil) |
6.7560 |
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Income |
(mil) |
-17.7770 |
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Assets |
(mil) |
7.2550 |
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Liability |
(mil) |
13.4270 |
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(for the year ended 2007-06-30) |
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Category:
Loss/Deficit
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Event:
CenterStaging Corp. reported a net loss of $4.47 million on revenues of $1.68 million for the third quarter ended Sept. 30, 2007, compared with a net loss of $4.06 million on revenues of $1.70 million in the same period last year. The Company's consolidated balance sheet at Sept. 30, 2007, showed $6.90 million in total assets, $22.00 million in total liabilities, and $695,219 in interest of consolidated variable interest entity, resulting in a $15.80 million total shareholders' deficit. The company's consolidated balance sheet at Sept. 30, 2007, also showed strained liquidity with $1.76 million in total current assets available to pay $15.71 million in total current
liabilities.
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Intellectual Property:
The Company regards its intellectual property, particularly copyrights, trademarks and trade secrets, and rights to original content under rehearsals.com, to be of considerable value and importance to its business and success. The Company relies on a combination of trademark, and trade secrecy laws, confidentiality procedures and contractual provisions to protect intellectual property rights. [SEC Filing 10-KSB 10-18-07]
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Description:
The Company is engaged primarily in
providing production and support services for live musical performances at major televised award shows and other televised shows and
events; renting its studio facilities to musicians for rehearsal, production and recording; and renting musical instruments and related equipment for use at its studios and other venues.
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Officers:
Roger Paglia (Pres. & Dir.); Howard Livingston (CFO & Dir.); Johnny Caswell (Dir.); Jan Parent (Dir.)
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Auditor:
Stonefield Josephson, Inc.
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Securities:
Common Stock-Symbol CNSC.OB; OTC BB;
75,118,243 common shares outstanding as of November 14, 2007.
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