The Market Titan Entertainment Group inc.
Phil Marcus Notes
The Titan venue is a destination-type facility that can attract a wide variety of performances and world events with guests or patrons that span virtually every major demographic group.
Live ultra entertainment has expanded over the past decade to encompass virtually every gender of performance that includes:
• Ballet, dance and live theatre;
• Variety, comedy and other specialty shows;
• Popular music acts such as country, pop and rock bands;
• Jazz and blues artists, solo performers, choral groups and orchestras; and
• A range of other theatrical, dance, music and variety shows.
This expansion of the live entertainment industry is also reflected in a growth in the variety, number and caliber of performers. The growing popularity of both North American and International talent has precipitated a shift in the economics of staging such events. The mid-capacity facility is seen as an ideal venue to achieve the concerts tickets sales and ancillary revenues to stage festivals or groups of acts to "world renowned" or "head-line" performers.
The Titan Entertainment Group’s business model spans the entire spectrum from concept, business planning, and financing to venue design, property development, and construction through facility management, promotions, and operations. The business model sets-out a structured approach advancing the concept stage, which began in early 2002, through each phase of establishing a fully integrated entertainment and hospitality facilities development, management, and operations group, as outlined below:
• Management has established a corporate structure with a highly competent start-up executive team with the requisite business acumen, entrepreneurial spirit, broad industry experience, and corporate management and operations background to implement the model.
• Presently, Management is examining key attributes of the Titan including property and building issues, corporate development, revenue streams and forecasts, advertising and promotions, facilities operations and logistics in order to refine the concept and formulate a start-up business strategy.
• An initial traunche of seed capital will provide the capital required to fully launch the company’s operations, complete certain research, advance the concept to a preliminary design stage, identify prospective building sites, and make additional presentations to municipal and community planning groups.
• Once the Titan receives a "preliminary stamp of approval" from municipal and community interests, Management will complete its development and operational budgets, secure a second private placement and then look at the capitalization with the shareholders and partner groups for the best options.
• At this phase, the Company will have sufficient resources to secure the property, finalize the design and architectural drawings, complete engineering and site development plans, and obtains municipal development approvals and permits, and secure construction financing.
• With the start of the property development, Management will implement its budgets and planning for each area of the Titan with the sale of corporate suites, hiring of key personnel, promotions for major events and bookings, and planning of other logistical matters toward the official opening.
• The arrival of the Titan (Fall-2005) will be a marked by a Grand Opening with a series of celebrity "gala" receptions, "headline" performances and other major events that will expose the municipal officials, community leaders, corporate sponsors and the public to the "grandeur" of the venue