Catch A Rising Star

CATCH A RISING STAR, INC. OPERATES APPROXIMATELY THREE COMEDY & MUSIC SHOWCASE CLUBS, UNDER THE NAME "CATCH A RISING STAR" (AS OF APRIL 1991). THE COMPANY IN- TENDS TO SELL TWO OF THE THREE CLUBS, WHICH ARE LOCATED IN MASSACHUSETTS AND NEVADA, TO PURITAN INVESTMENT COMPANY, WHO ALREADY OWN TWO CLUBS. THE COMPANY WILL CONTINUE TO OPERATE THE THIRD CLUB IN NEW YORK CITY.