EX-99.3 5 v83653exv99w3.txt EXHIBIT 99.3
----------------------------------------------------------------- OFFICE OF THE UNITED STATES TRUSTEE ----------------------------------------------------------------- ------------------------------------------------------- ---------------------------------------------------------------- In re: DEBTOR IN POSSESSION INTERIM STATEMENT The Kushner-Locke Company Page 1 of 3 Statement Number: 7 ------------------------------------------------------- ---------------- Chapter 11 For the Period FROM: 5/1/2002 ---------------- Case No. LA 01-44828-SB (Administratively Consolidated TO: 5/31/2002 with Case Nos. LA 01-44829-SB through LA 01-44831-SB; LA 01- ---------------- 44833-SB through LA 01-44836-SB; and LA 01-44841-SB) ------------------------------------------------------- ---------------------------------------------------------------- ---------------------------------------------------------------- CASH ACTIVITY ANALYSIS (Cash Basis Only) Collateral Concentration Account Account --------------- -------------- -------- --------- Balance before Statement #1 $ 268,333.21 $ 65,956.21 --------------- -------------- -------- --------- A. Total Receipts per all Prior Interim Statements 1,810,497.25 1,518,328.39 --------------- -------------- -------- --------- B. Less: Total Disbursements per all Prior Statements 1,598,912.51 1,472,376.47 --------------- -------------- -------- --------- C. Beginning Balance $ 479,917.95 $111,908.13 --------------- -------------- -------- --------- D. Receipts during Current Period Description 5/8/2002 A&E Home Video 261.39 5/8/2002 Hamdon Ent. 9,334.00 5/10/2002 Phone Bill Refunds 1,829.68 5/10/2002 COBRA Reimbursements 4,354.95 5/21/2002 transfer from KL Prod P/R Acct 30.90 5/28/2002 Egmont/Nordisk 1,286.17 5/28/2002 funding from chase 45,000.00 5/31/2002 interest 558.53 TOTAL RECEIPTS THIS PERIOD 11,440.09 51,215.53 -- -- --------------- -------------- -------- --------- E. Balance Available (C plus D) $ 491,358.04 $163,123.66 $ -- $ -- --------------- -------------- -------- ---------
----------------------------------------------------------------------------------------------------------------------- DEBTOR IN POSSESSION INTERIM STATEMENT NO: 7 Page 2 of 3 ----------------------------------------------------------------------------------------------------------------------- F. Less: Disbursements during Current Period: Date Check No. Payee/Purpose ---- --------- ------------- 5/1/2002 37272 Hodes Parking 360.00 5/1/2002 37273 Imperial Idaho Investment Co. 2,000.00 5/1/2002 37274 Payroll 2,490.13 5/1/2002 37275 Payroll 778.85 5/1/2002 37276 Payroll 306.36 5/1/2002 wire Payroll Taxes 8,929.84 5/3/2002 wire ADP Fees 141.48 5/6/2002 37277 Donald Kushner 2,083.00 5/6/2002 37278 John Lannan 1,250.00 5/6/2002 37279 Peter Locke 2,083.00 5/6/2002 37280 Marathon Services, Inc 259.80 5/6/2002 37281 Pacific Bell 65.72 5/6/2002 37282 Qwest Communications 30.15 5/6/2002 37283 Recall 647.12 5/6/2002 37284 Zerolag Communications, Inc 100.00 5/8/2002 wire Irwin Friedman 2,083.00 5/8/2002 wire Stuart Hersch 2,083.00 5/8/2002 37285 Matthew Schuler 600.00 5/8/2002 37286 Postmaster 34.00 5/10/2002 wire ADP Fees 96.01 5/10/2002 37287 Pacific Bell 159.56 5/14/2002 7870 Payroll 730.75 5/14/2002 7871 Payroll 7,303.36 5/14/2002 7872 Payroll 1,249.88 5/14/2002 7873 Payroll 2,490.14 5/14/2002 7874 Payroll 285.78 5/14/2002 wire Payroll Taxes 7,764.37 5/15/2002 37288 Bonded Services, Inc 6,276.20 5/15/2002 37289 Matthew Schuler 642.33 5/15/2002 37290 Secretary of State 20.00 5/15/2002 37291 Secretary of State 20.00 5/15/2002 37292 STEVEN ROSEN 1,275.00 5/17/2002 37294 Matthew Schuler 80.00 5/17/2002 wire ADP Fees 20.00 5/20/2002 37296 ADP, Inc 26.36 5/22/2002 37301 Donniger & Fetter 33,820.29 5/24/2002 wire ADP Fees 99.76 5/28/2002 7875 Payroll 730.75 5/28/2002 7876 Payroll 9,926.69 5/28/2002 7877 Payroll 1,249.87 5/28/2002 7878 Payroll 2,490.14 5/28/2002 7879 Payroll 281.21 5/28/2002 wire Payroll Taxes 8,223.58 5/29/2002 37302 Arch Wireless 46.42 5/29/2002 37303 Barbara Brosnan & Associates 1,258.35 5/29/2002 37304 Blue Cross 11,530.00 5/29/2002 37305 Hodes Parking 360.00 5/29/2002 37306 Suzanne Nardacci 2,503.00 5/29/2002 37307 Pacific Bell 1,857.34 5/29/2002 37308 Property Management Associates, I 2,000.00 5/29/2002 37309 American Moving & Storage Co, Inc 40.00 5/31/2002 37310 American Moving & Storage Co, Inc 105.00 5/31/2002 37311 Fortis Benefits Insurance Co. 963.19 5/31/2002 37312 Marathon Services, Inc 259.80 5/31/2002 37313 Suzanne Nardacci 2,475.00 5/28/2002 wire Fund KL Operations 45,000.00 TOTAL DISBURSEMENTS THIS PERIOD: 45,000.00 134,985.58 -- -- ------------ ----------- ----------- ----------- G. Ending Balance (E less F) $ 446,358.04 $ 28,138.08 $ -- $ -- ------------ ----------- ----------- -----------
-------------------------------------------------------------------------------------------------------------------------------- DEBTOR IN POSSESSION INTERIM STATEMENT NO: 7 Page 3 of 3 -------------------------------------------------------------------------------------------------------------------------------- H. (1) Collateral Account: a) Depository Name and Location: Chase Bank 1 Chase Manhattan Plaza, New York, NY 10081 b) Account Number: 323221556 (2) Concentration Account: a) Depository Name and Location: Comerica Bank 10900 Wilshire Blvd, Los Angeles, CA 90024 b) Account Number: 1891935460 I: Other monies on hand: The Kushner Locke Company PWI account 1891215236 $ 1,000.00 Bank of Scotland - Pinocchio 3549485 1,253,517.20 Pounds Sterling Time Deposit (KL' s interest is 70%) Bank of Scotland - Basil 3626816 194,263.17 Pounds Sterling Time Deposit (KL' s interest is 80%) Allied Pinocchio 10747301 4,423.11 Pounds Sterling KLI-UK 10008956 2,426.06 Pounds Sterling Freeway\Kushner-Locke 323-509487 $ 255.95 I: Other monies on hand (continued): Additionally, the Company maintains a minimal amount of Petty Cash (less than $500). Joint Venture Accounts: KL MDP Sensation 60-066-930 $ 17,531.32 KL\7 Venture 1890-69-6360 9,252.34 Denial Venture 1890-69-6501 41,672.39 Cracker LLC 1891-04-1665 1,000.00 Swing 323-518095 6,957.50 I, Alice Neuhauser, declare under penalty of perjury that the information contained in the above Debtor in Possession Interim Statement is true and correct to the best of my knowledge. /s/ Alice P. Neuhauser ------------------------------------------------- Debtor in Possession