Note 16 - Subsequent Events

6 Months Ended

Jul. 01, 2011

Subsequent Events [Text Block]

16. Subsequent Events

On June 27, 2011, the Company entered into an Assets Purchase Agreement to acquire substantially all of the assets of Baseball Heaven LLC and Baseball Café, Inc. used in the business of marketing and providing baseball facility services, including training camps, summer camps, leagues and tournaments, and concession and catering events.  The purchase price for these assets was $6.2 million in cash. The transaction was consummated on July 27, 2011. The Company has not completed the purchase accounting as the valuation work is currently in process.