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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: wfrazee who wrote (115)8/20/1997 4:18:00 PM
From: james d. hargrave   of 876
 
or the 20th!- not bad!! not bad at all!!

Country Star Restaurants, Inc. Announces Results of
Operations for the Quarter Ended June 30, 1997

LOS ANGELES, Aug. 20 /PRNewswire/ -- Country Star Restaurants, Inc.
(Nasdaq-NNM:CAFE) reports its earnings for the quarter ending June 30, 1997 as follows:

Quarter Ended Quarter Ended
June 30, 1997 June 30, 1996
Revenues $1,731,401 $1,077,112
Net Loss (179,084) (1,106,399)
Net Loss Per Share (.01) (.l0)

Country Star Restaurants, Inc. owns and operates three Country Star American Music Grills: in
Hollywood, at the entrance to Universal Studios; in Las Vegas on the famous ``Strip'' at Harmon
Avenue; and in Atlanta, Georgia in the upscale ``Buckhead'' neighborhood.

SOURCE: Country Star Restaurants, Inc.
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