Consolidated Balance Sheets (USD $)	Jun. 30, 2011	Dec. 31, 2010
Cash	$ 31,808	$ 6,738
Notes receivable	10,000	10,000
Prepaid Expenses	10,000	0
Total Current Assets	51,808	16,738
Georgetown 14 Theater (FCET property)	5,500,000	5,500,000
Computers and Equipment	82,928	82,928
Accumulated Depreciation	(162,712)	(82,928)
Total Fixed Assets	5,420,216	5,500,000
Total Customer Data Base after Amortization	172,082	215,102
Total assets	5,644,106	5,731,840
Accounts payable	105,491	61,881
Accrued expenses	0	2,002
Accrued interest	23,426	20,286
Preferred Dividends payable	6,012	3,006
Short term Notes payable	65,000	65,000
Note Payable - Related Party	41,055	0
Current portion of mortgage payable	116,084	113,430
Total current liabilities	357,068	265,605
Mortgage payable	4,874,627	4,934,411
Total long term liabilities	4,874,627	4,934,411
Total Liabilities	5,231,695	5,200,016
Preferred stock, authorized 10,000,000 shares of $.001 par value Preferred A, issued and outstanding is 10,000	10	10
Preferred B, issued and outstanding is 300,600	300	300
Common stock, authorized 200,000,000 shares of $.001 par value, issued and outstanding 102,777,343 and 101,316,138 shares, respectively	102,777	101,316
Additional paid-in capital	8,354,570	8,297,582
Accumulated deficit	(8,045,246)	(7,867,384)
Total Stockholders' equity	412,411	531,824
Total liabilities and stockholders' equity	$ 5,644,106	$ 5,731,840