Has anyone seen this:
sec.yahoo.com
June 16, 1998
CUSTOMER SPORTS INC (CTMR)
Quarterly Report (SEC form 10QSB)
Management's Discussion and Analysis of Financial Condition and Results of Operation
For the nine months period August 1, 1997 to April 30, 1998, operating revenues from golf sales
were $28,115 compared to $23,770, for the corresponding period ending April 30, 1997. Total
operating expenses for the quarter ended April 30, 1998, were $97,733 compared to ($72,965)
for the quarter ended April 30, 1997.
Total operating revenues from golf sales for the quarter ended April 30, 1998 were $3,798
compared to $3,798 for the quarter ended April 30, 1997. Operating cost August 31, 1997 to
April 30, 1998, period were $204,423 compared to $103,552 for the same fiscal period of the
preceding year.
In February, Registrant abandoned its lease at the Supersports Mall of Orange driving range. At
the time of its departure, the General Partner of the facility claimed Registrant owed $18,000 for
rent and utilities. Registrant, based upon documentation and representations of the General
Partner believes that the General Partner owes Registrant amounts exceeding that amount.
Registrant has elected arbitration proceedings against General Partner of the facility and intends
to pursue the matter vigorously.
Because of this cessation of business, sales of golf merchandise have ceased until another
facility is opened.
>>>> I don't know about you guys, but this doesn't look very encouraging. Revenues that small and arbitration proceedings. What do you guys think about this??
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