Crown Partners Inc.

• Public
• US

Dow Jones Description

The Registrant (the "Company"), formerly known as "Vegas Ventures, Inc." and "TeleMall Communications, Inc." was engaged in developing its business plan, marketing analysis and extensive promotional, marketing and advertising efforts in 1996, after its acquisition of TeleMall Network, Inc. The Registrant intended to create and implement an inter-active home office business systems during the later part of 1996 and early 1997. As a result, the Company put on hold its planned Direct Response and As-Seen-On-TV kiosks. By late 1996, it became apparent that the Company was not seeing any success in its proposed inter-active home office business system. The Company had expended all its capital in these failed ventures and was subsequently unable to raise any additional capital to fund its operations. By February, 1997, the Company had ceased operations and closed down its office, letting all of its employees go since it could no longer afford to pay them. At that time, most of the officers and directors of the Company resigned.

CEO

Number of Employees 37

Contact Information

Peer Companies

• Lehman Brothers Holdings Inc.
• Goldman Sachs Group Inc.
• Charles Schwab & Co. Inc.
• Legg Mason Inc.
• Raymond James Financial Inc.
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