MANAGEMENT DISCUSSION
Schedule C
August 27,1997
To the Shareholders of Hall Train Entertainment
Hall Train Entertainment Inc., through its subsidiary, Hall Train Moving Pictures (HTMP). Has continued to increase its revenues.
Management's efforts and immediate goals have remained focused on generating new contracts and an increased revenue base on which the Company will continue to build its entertainment industry creating value, through art direction and design, animation and special effects, film and video production, 3D tooling, fabrication and animatronics.
The Company had continued to expand its creative services to Universal, as part of a multifaceted contract to support the planned expansion of Universal City, Orlando, and has increased its contract commitment by over 130% surpassing the base contract by over $1M.
And business continues:
The "Mamenchiasaurus" is now on display at the American Museum of Natural History in New York. This sculpture represents the Company's effort to create and install the largest scientifically accurate dinosaur sculpture in the world, which will tour internationally as part of "The Lost World"; and entertainment exhibit based on Spielberg's sequel to "Jurassic Park".
Animation and special effects are currently in production for The Discovery Channel's new one hour special "Beyond T-Rex", looking at the Gigonotosaurus, a dinosaur larger and more fearsome the Tyrannossaurus Rex. This represents the second HTMP production contract for the Discovery Channel and follows the highly successful "T-Rex: The Ultimate Guide".
New business which is under negotiation or in construction:
The PBS television series "Zaboomafoo" re: art direction, animation production and character design, $250,000 CDN: Client: Paragon Television, Toronto Value: high visibility, television production credit.
Holiday Inns of America. re: a 30 second prime time television, high action TV commercial, $240,000 US. Client: Backyard Productions, Chicago. Value: potential award winning, creative, high-end commercial industry presence.
Academy of Natural Sciences - Philadelphia re: a revolutionary visitor interactive exhibit, $120,000 US. Client: Academy of Natural Sciences, Philadelphia. Value: 3D models - retained assets, sell through of unique technical design configuration.
American Museum of Natural History - New York re: large scale scientifically accurate models for the new Hall of Biodiversity $175,000 US Client: American Museum of Natural History, New York Value: continuing business, wide exhibit exposure work. |