BNET Industries

Last Fiscal Year Sales:$749.9K
  • Public
  • US
Dow Jones Description

Twin Faces East Entertainment Corporation was incorporated under the laws of the State of Delaware on December 5, 1997 and re-incorporated under the laws of the State of Nevada on June 17, 1998. We have an authorized capitalization of 20,000,000 shares of common stock, $0.001 par value per share, and as of December 31, 2004 there were 9,717,348 shares outstanding. We also have an authorized capitalization of 5,000,000 shares of preferred stock at a par value of $0.001 per share, and as of December 31, 2004 there were no preferred shares outstanding. The accompanying consolidated financial statements have been prepared in conformity with generally accepted accounting principles that contemplate the continuance of the Company as a going concern. Our cash position may be inadequate to pay all of the costs associated with developing, production and marketing of projects. We have incurred losses of $5,630,192 from inception. Management intends to use borrowings and security sales to mitigate the effects of its cash position, however, no assurance can be given that debt or equity financing, if and when required, will be available. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets and classification of liabilities that might be necessary should the Company be unable to continue existence.

CEO, President, and Director
Michael Smolanoff
Number of Employees 2
Contact Information

2857 Hartwick Pines Dr.

Henderson, Nevada 89052

twinfaceseast.c...

702-617-8832

NAICS Code Motion Picture and Video Distribution: 512120

Decision Makers

Name (plus bio) Position
Michael Smolanoff CEO, President, and Director
Frank McEnulty Future Cfo
Stanley L Teeple Chief Financial Officer
Stan Teeple Executive Vice President
Johnnie King Director of Film Production
Johnny King Director of Film Development

Board of Directors

Name (plus bio) Position
Bruce N Taffet Board of Directors

Michael Smolanoff , age 63 , is Chief Executive Officer, President and Director of the Company since its inception. From 1993 to present, Dr. Smolanoff has been self employed selling scripts, articles, and music. Dr. Michael Smolanoff has over 30 years of experience in creative development fields. He is a Juilliard graduate and past professor at Rutgers University and Philadelphia Music Academy. He has written and produced a plethora of music albums, concerts, children s programs, and works for the theatre. He is listed in the International Who s Who of music, Who s Who in America, Men of Achievement, Outstanding Young Men of America, and the Dictionary of Distinguished Americans. He is the creator and developer of the Pages of a Rabbit Journal and responsible for contract development to place this animated series with the Fox Kids Network as well as distribution agreements for placement into retail video stores nationwide. He is a member of the National Academy of Television Arts and Sciences, and the American Society of Composers, Authors and Publishers.

Organization Position Status
Twin Faces East Entertainment Corp CEO, President, and Director Current

Organization Position Status
Twin Faces East Entertainment Corp Future Cfo Current

Stanley L. Teeple , age 57, is COO, CFO, Secretary, Treasurer and Director of the Company since March, 1997. From 1979 until present, Mr. Teeple has been President and Chief Executive Officer of Stan Teeple, Inc., a consulting firm specializing in business turnarounds. Stan had joined Dr. Smolanoff for development of the various assets and interests in the marketplace. Stan attended Business School at the University of Colorado and has a strong national brands corporate background. In Stan s 20 plus year career as a management consultant, sales and marketing consultant, and turnaround specialist and counts among his business specialties, entertainment, intellectual property licensing, food manufacturing, the travel industry and retailing of everything from apparel to fast food. His recent client list includes, United Artists Theatre Circuit, General Mills, Inc., United Airlines, Inc., Kellogg s USA, Warner Lambert and Premiere Innovations, Inc.

Organization Position Status
Twin Faces East Entertainment Corp Chief Financial Officer Current
Twin Faces East Entertainment Corp Executive V.P. Business Development, Director, Shareholder Current

Stan has recently joined Dr. Smolanoff for development of the various assets and interests in the marketplace. Stan is a University of Colorado business graduate with a strong national brands corporate background. In Stan's 20 plus year career as a management consultant, sales and marketing consultant, and turnaround specialist counts among his business specialties, entertainment, intellectual property licensing, food manufacturing, the travel industry and retailing of everything from apparel to fast food. His recent client list includes, United Artists Theatre Circuit, General Mills, Inc., United Airlines, Inc., Kellogg's USA, Warner Lambert and Premiere Innovations, Inc.

Organization Position Status
Twin Faces East Entertainment Corp Executive Vice President Current
UAL Corporation Current
General Mills, Inc. Current
Kellogg Company Current
Premiere Innovations, Inc Current
Warner Lambert Current

Johnnie is a creative talented filmmaker who had collaborated with many of the great artists of this day. His mentor, Jamal Joseph is likened to such prominent filmmakers as Spike Lee, Mattie Rich, John Singleton and Furman Lee. Since High School he has been a prolific writer, producer, and director of films. He has worked with "City Kids" under the direction of Jamal where he produced and directed short films and videos.

Organization Position Status
Twin Faces East Entertainment Corp Director of Film Production Current

Johnnie King , age 37, is Director of Film Development of the Company since 1999. Mr. King is a creative talented filmmaker who has collaborated with many of the great artists of this day. His mentor, Jamal Joseph is likened to such prominent filmmakers as Spike Lee, Mattie Rich, John Singleton and Furman Lee. Since High School he has been a prolific writer, producer, and director of films. He has worked with City Kids under the direction of Jamal where he produced and directed short films and videos.

Organization Position Status
Twin Faces East Entertainment Corp Director of Film Development Current

Organization Position Status
Twin Faces East Entertainment Corp Board of Directors Current
     TFAC $0.00 0.00 (0.00% )
Average Volume 3,980
Shares Outstanding -
Market Cap -
Year High 0.05
Year Low 0.0001
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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