Note 4. Licensees

The Company has 26 license agreements which were obtained between 2003 and 2017.

On March 16, 2016, we (through our subsidiary Scores Licensing Corp.) entered into a trademark license agreement with Michael Blutrick, granting a non-exclusive grant of rights and licenses owned by the Company to the licensee for the right to use. The license, which is renewable, was for a term of twelve months and has been extended. See Note 6 for litigation relating to a few of the Company’s license agreements.

“IMO’s” members are our majority shareholder, Robert M. Gans (72%), and Secretary and Director, Howard Rosenbluth (2%) hence making “IMO” a related party. The building occupied by IMO is owned by Westside Realty of New York Inc., of which the majority owner is Robert M. Gans (80%). The club accounted for 0% and 0% of our royalty revenues for the three months ended March 31, 2017 and 2016, respectively. Mr. Gans is also the majority owner (80%) of Swan Media Group, Inc., which accounted for 0% and 0% of our royalty revenues for the three months ended March 31, 2017 and 2016, respectively. Mr. Gans is also the majority owner (92.165%) of Scores Atlantic City, which accounted for 0% and 0% of our royalty revenues for the three months ended March 31, 2017 and 2016, respectively.