Fill in this information to identify the case:

Debtor

name A&S Entertainment, LLC

United States Bankruptcy Court

for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if

known) 21-14020-RAM

Official Form 425B

Disclosure Statement for Small Business Under Chapter 11 12/17

Debtor’s Disclosure Statement, Dated October 29, 2021

Table of Contents. See instructions about how to modify the table of contents if you do not have all of the sections

below.

I. Introduction ............................................................................................................................................ 3

A. Purpose of This Document .............................................................................................................. 3

B. Deadlines for Voting and Objecting; Date of Plan Confirmation Hearing ..................................... 3

C. Disclaimer ........................................................................................................................................ 4

II. Background ........................................................................................................................................... 4

A. Description and History of the Debtor’s Business .......................................................................... 4

B. Insiders of the Debtor ....................................................................................................................... 4

C. Management of the Debtor During the Bankruptcy ......................................................................... 5

D. Events Leading to Chapter 11 Filing ................................................................................................ 5

E. Significant Events During the Bankruptcy Case ............................................................................. 5

F. Projected Recovery of Avoidable Transfers ..................................................................................... 5

G. Claims Objections ............................................................................................................................ 5

H. Current and Historical Financial Conditions ................................................................................ 5

III. Summary of the Plan of Reorganization and Treatment of Claims and Equity Interests ................... 6

A. What Is the Purpose of the Plan of Reorganization? ....................................................................... 6

B. Unclassified Claims .......................................................................................................................... 6

1. Administrative expenses, involuntary gap claims, and quarterly and Court fees ........................ 6

2. Priority tax claims ........................................................................................................................ 6

C. Classes of Claims and Equity Interests ............................................................................................ 7

1. Classes of secured claims ............................................................................................................ 7

3. Classes of general unsecured claims ........................................................................................... 7

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 1

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 1 of 34
Debtor Name A&S Entertainment, LLC Case number 21-14020-RAM

4. Class of secured claim .............................................................................................. 7

5. Class of equity interest holders 8

D. Means of Implementing the Plan ..................................................................................................... 8

1. Source of payments ..................................................................................................................... 8

2. Post-confirmation Management ................................................................................................... 9

E. Risk Factors ...................................................................................................................................... 9

F. Executory Contracts and Unexpired Leases ..................................................................................... 9

G. Tax Consequences of Plan .............................................................................................................. 10

IV. Confirmation Requirements and Procedures ........................................................................................ 10

A. Who May Vote or Object ................................................................................................................ 10

1. What is an allowed claim or an allowed equity interest? ............................................................ 11

2. What is an impaired claim or impaired equity interest? ............................................................ 11

3. Who is not entitled to vote .......................................................................................................... 11

4. Who can vote in more than one class .......................................................................................... 11

B. Votes Necessary to Confirm the Plan .............................................................................................. 12

1. Votes necessary for a class to accept the plan ............................................................................ 12

2. Treatment of non-accepting classes of secured claims, general unsecured claims, and

interests..............................................................................................................................................

12

C. Liquidation Analysis ......................................................................................................................... 12

D. Feasibility ......................................................................................................................................... 13

1. Ability to initially fund plan ....................................................................................................... 13

2. Ability to make future plan payments and operate without further reorganization ..................... 13

V. Effect of Confirmation of Plan .............................................................................................................. 13

A. Discharge of Debtor ....................................................................................................................... 13

B. Modification of Plan ......................................................................................................................... 13

C. Final Decree ..................................................................................................................................... 14

VI. Other Plan Provisions .......................................................................................................................... 14

Exhibit A: Copy of Proposed Plan of Reorganization .........................................................................

Exhibit B: Identity and Value of Material Assets of Debtor ...............................................................

Exhibit C: Most Recently Filed Postpetition Operating Report ............................................................................

Exhibit D: Liquidation Analysis ..........................................................

Exhibit E: Projections of Cash Flow for Post-Confirmation Period .....................................................

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 2

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 2 of 34
Debtor Name A&S Entertainment, LLC Case number 21-14020-RAM

I. Introduction

This is the disclosure statement (the Disclosure Statement) in the small business chapter 11

case of A & S Entertainment, LLC (the Debtor). This Disclosure Statement provides

information about the Debtor and the Amended Plan filed on October 29, 2021 (the Plan) to

help you decide how to vote.

A copy of the Plan is attached as Exhibit A. Your rights may be affected. You should read the

Plan and this Disclosure Statement carefully. You may wish to consult an attorney about your

rights and your treatment under the Plan.

The proposed distributions under the Plan are discussed at pages 6 - 8 of this Disclosure

Statement. General unsecured creditors are classified in Class 3, and will receive a

distribution of 12.3% of their fixed allowed claims, to be distributed as follows in cash over 60

months in equal monthly payments of $1,000.00

A. Purpose of This Document

This Disclosure Statement describes:

The Debtor and significant events during the bankruptcy case,

How the Plan proposes to treat claims or equity interests of the type you hold

(i.e., what you will receive on your claim or equity interest if the plan is

confirmed),

Who can vote on or object to the Plan,

What factors the Bankruptcy Court (the "Court") will consider when deciding

whether to confirm the Plan,

Why [the Proponent] believes the Plan is feasible, and how the treatment of your

claim or equity interest under the Plan compares to what you would receive on

your claim or equity interest in liquidation, and

The effect of confirmation of the Plan.

Be sure to read the Plan as well as the Disclosure Statement. This Disclosure

Statement describes the Plan, but it is the Plan itself that will, if confirmed, establish

your rights.

B. Deadlines for Voting and Objecting; Date of Plan Confirmation Hearing

The Court has not yet confirmed the Plan described in this Disclosure Statement. A

separate order has been entered setting the following information:

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 3

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 3 of 34
Debtor Name A&S Entertainment, LLC Case number 21-14020-RAM

Time and place of the hearing to [finally approve this disclosure statement

and] confirm the plan,

Deadline for voting to accept or reject the plan, and

Deadline for objecting to the [adequacy of disclosure and] confirmation of

the plan.

If you want additional information about the Plan or the voting procedure, you

should contact the Debtor's attorneys' office at 954-634-4733 or email

John@Moffa.Law

C. Disclaimer

The Court has conditionally approved this Disclosure Statement as

containing adequate information to enable parties affected by the Plan to

make an informed judgment about its terms. The Court has not yet

determined whether the Plan meets the legal requirements for confirmation,

and the fact that the Court has approved this Disclosure Statement does not

constitute an endorsement of the Plan by the Court, or a recommendation

that it be accepted.

II. Background

A. Description and History of the Debtor's Business

The Debtor is a Limited Liability Corporation. In 2012, Debtor's current management

entered into a commercial lease with the landlord and has been in the business of operating

a gentleman's club known as the Office - Miami.

B. Insiders of the Debtor

The Debtor is operated by its two members, Claudette Pierre and Ciara Jones. Ms Pierre

generally oversees the Debtor's whole operation and Ms. Jones runs and oversees the daily

operation of the business along with oversight of the businesses' managers and accounting

services.

The compensation for the insiders is based upon the total services performed for the

company, the fact that the business attracts unwanted attention, the stress associated with

overseeing the business along with the fact that the insiders personally infused almost

$600,000 personally borrowed in order to reach a 2019 settlement with the Landlord. During

the course of this case, management only received about $6000 per month for services but

management cannot continue to operate this business without an incentive given the work

and stress related to the operation. Funds have been accumulating during the course of this

case in order to assure the successful reorganization of the business.

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 4

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 4 of 34
Debtor Name A&S Entertainment, LLC Case number 21-14020-RAM

C. Management of the Debtor Before and During the Bankruptcy

The Debtor is operated by its two members, Claudette Pierre and Ciara Jones. Ms Pierre

generally oversees the Debtor's whole operation and Ms. Jones runs and oversees the daily

operation of the business along with oversight of the businesses' managers and accounting

services.

D. Events Leading to Chapter 11 Filing

The Debtor was assessed almost $2,000,000 of taxes, interest and penalty by the

State of Florida and the Debtor's bank account was frozen, leading to the need for

this case and to ensure the continued operation of the business. The Debtor required

a payment plan to pay the needed amounts which, at the time of filing this case was

not approved or immediately available. Without a payment plan, the Debtor would

have closed and the assets liquidated.

E. Significant Events During the Bankruptcy Case

With Court approval, the Debtor paid the critical vendors in order to continue to operate.

The lack of payment to alcohol vendors can cause a default in the liquor operation. Since

the filing of the case, the Debtor has taken critical steps to ensure the bookkeeping was

vastly improved and all appropriate insurances, required under the lease, were obtained.

The Debtor was able to implement a better method of paying its employees and ensuring

the payroll taxes were kept current.

There was no issue with the cash collateral as the only secured creditor held a lien in the

Debtor's liquor license.

Moffa & Bierman was hired as counsel for the Debtor. They have ensured the monthly

operating reports were prepared and filed. The Debtor did not require any accountants as

the bookkeeper hired performed the tasks needed during this case.

F. Projected Recovery of Avoidable Transfers

 The Debtor does not intend to pursue preference, fraudulent conveyance, or other

avoidance actions.

G. Claims Objections

Except to the extent that a claim is already allowed pursuant to a final non-appealable

order, the Debtor reserves the right to object to claims. Therefore, even if your claim is

allowed for voting purposes, you may not be entitled to a distribution if an objection to your

claim is later upheld. Disputed claims are treated in Article 5 of the Plan.

H. Current and Historical Financial Conditions

The identity and fair market value of the estate's assets are listed in Exhibit B.

The most recent post-petition operating report filed since the commencement of the

Debtor’s bankruptcy case is set forth in Exhibit C

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 5

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 5 of 34
Debtor Name A&S Entertainment, LLC Case number 21-14020-RAM

A. What is the Purpose of the Plan of Reorganization?

As required by the Code, the Plan places claims and equity interests in various classes

and describes the treatment each class will receive. The Plan also states whether each

class of claims or equity interests is impaired or unimpaired. If the Plan is confirmed, your

recovery will be limited to the amount provided by the Plan.

B. Unclassified Claims

Certain types of claims are automatically entitled to specific treatment under the Code.

They are not considered impaired, and holders of such claims do not vote on the Plan.

They may, however, object if, in their view, their treatment under the Plan does not comply

with that required by the Code. Therefore, the Plan Proponent has not placed the following

claims in any class:

1. Administrative expenses, involuntary gap claims, and quarterly and Court fees

Administrative expenses are costs or expenses of administering the Debtor’s chapter 11

case which are allowed under § 503(b) of the Code. Administrative expenses include

the value of any goods sold to the Debtor in the ordinary course of business and

received within 20 days before the date of the bankruptcy petition, and compensation for

services and reimbursement of expenses awarded by the court under §330(a) of the

Code. The Code requires that all administrative expenses be paid on the effective date

of the Plan, unless a particular claimant agrees to a different treatment. Involuntary gap

claims allowed under § 502(f) of the Code are entitled to the same treatment as

administrative expense claims. The Code also requires that fees owed under section

1930 of title 28, including quarterly and court fees, have been paid or will be paid on the

effective date of the Plan.

The following chart lists the Debtor’s estimated administrative expenses, and quarterly

and court fees, and their proposed treatment under the Plan:

Type Estimated Amount Owed Proposed Treatment

Administrative

expenses

$80,000.00 Paid in full on the effective date of

the Plan, unless the holder of a

particular claim has agreed to

different treatment

Total $80,000.00

2. Priority tax claims

Priority tax claims are unsecured income, employment, and other taxes described by §

507(a)(8) of the Code. Unless the holder of such a § 507(a)(8) priority tax claim agrees

otherwise, it must receive the present value of such claim pursuant to 11 U.S.C. §511, in

regular installments paid over a period not exceeding 5 years from the order of relief.

The following chart lists the Debtor’s estimated § 507(a)(8) priority tax claims and their

proposed treatment under the Plan:

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 6

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 6 of 34
Debtor Name A&S Entertainment, LLC Case number 21-14020-RAM

 Class

# 1 -

assigned

a number

for ID

purpose

Priority unsecured claim pursuant to

Section 507(a)(8) to the Florida

Department of Revenue

 Impaired

Unimpaired

Paid in full with interest at

3.25% over 60 months from the

Effective date at $33,992.40 per

Total amount month

of claims

$1,880,110.31

C. Classes of Claims and Equity Interests

The following are the classes set forth in the Plan, and the proposed treatment that they

will receive under the Plan:

1. Classes of secured claims

Allowed Secured Claims are claims secured by property of the Debtor’s bankruptcy

estate (or that are subject to setoff) to the extent allowed as secured claims under §

506 of the Code. If the value of the collateral or setoffs securing the creditor’s claim is

less than the amount of the creditor’s allowed claim, the deficiency will [be classified

as a general unsecured claim].

The following chart lists all classes containing Debtor's secured prepetition claims and

their proposed treatment under the Plan:

Class # Description Impairment? Treatment

4

Secured claim of:

Douglas Stratton, Trustee

 Impaired

 Unimpaired

Monthly payment $ 2,124.70

Collateral description Liquor

License Lien

Payments Begin

On the Effective Date (Est.

12/31/21)

Allowed secured

amount

$ 100,000 Payments End

 after 60 monthly payments

Priority of first lien [Balloon payment] $0.00

Principal owed $100,000 Interest rate 10.00%

Pre-pet. arrearage None Treatment of Lien paid in

full with Note interest rate

Total claim $ 100,000 defaults $ None

3. Classes of general unsecured claims

General unsecured claims are not secured by property of the estate and are not entitled

to priority under § 507(a) of the Code. [Insert description of § 1122(b) convenience class

if applicable.]

The following chart identifies the Plan's proposed treatment of Class of general

unsecured claims against the Debtor:

Class

#

Description Impairment

?

Treatment

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 7

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 7 of 34
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Class

#

Description Impairment

?

Treatment

3

General Unsecured Claims Impaired

Unimpaired

The Debtor will pay these

creditors their pro-rata share of

$60,000 ($1,000 per month) on a

monthly basis. Notwithstanding

any other provision of the Plan, no

payments or distributions will be

made on account of a Contingent,

Disputed and/or Unliquidated

Claims until such Claim becomes

an Allowed Claim

4. Classes of equity interest holders

Equity interest holders are parties who hold an ownership interest (i.e., equity

interest) in the Debtor. In a corporation, entities holding preferred or common

stock are equity interest holders. In a partnership, equity interest holders include

both general and limited partners. In a limited liability company (LLC), the equity

interest holders are the members. Finally, with respect to an individual who is a

debtor, the Debtor is the equity interest holder.

The following chart sets forth the Plan's proposed treatment of the class[es] of

equity interest holders: [There may be more than one class of equity interests in,

for example, a partnership case, or a case where the prepetition debtor had

issued multiple classes of stock.]

Class

#

Description Impairment? Treatment

5

Equity interest holders Impaired

 Unimpaired

The Members will retain the

same interest they held prior to

the filing of the case.

D. Means of Implementing the Plan

1. Source of payments

Payments and distributions under the Plan will be funded by the following:

Continued profitable operation of the Debtor

 Post-confirmation Management

The Post-Confirmation Management of the Debtor (including officers, directors,

managing members, and other persons in control), and their compensation,

shall be as follows:

Name Position Compensation

Ciara Jones Member Manager

Claudette Pierre Member Manager

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 8

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E. Risk Factors

The proposed Plan has the following risks:The Debtor is subject to lawsuits by people

who are harmed outside of the Debtor's premises. Any one uninsured claim could be

catastrophic for the Debtor.

F. Executory Contracts and Unexpired Leases

The Plan in Article 6 lists all executory contracts and unexpired leases that the

Debtor will assume, and if applicable assign, under the Plan. Assumption means

that the Debtor has elected to continue to perform the obligations under such

contracts and unexpired leases, and to cure defaults of the type that must be

cured under the Code, if any. Article 6 also lists how the Debtor will cure and

compensate the other party to such contract or lease for any such defaults.

If you object to the assumption, and if applicable the assignment, of your

unexpired lease or executory contract under the Plan, the proposed cure of any

defaults, the adequacy of assurance of performance, you must file and serve

your objection to the Plan within the deadline for objecting to the confirmation of

the Plan, unless the Court has set an earlier time.

All executory contracts and unexpired leases that are not listed in Article 6 or

have not previously been assumed, and if applicable assigned, or are not the

subject of a pending motion to assume, and if applicable assign, will be rejected

under the Plan. Consult your adviser or attorney for more specific information

about particular contracts or leases.

If you object to the rejection of your contract or lease, you must file and serve

your objection to the Plan within the deadline for objecting to the confirmation of

the Plan.

Any claim based on the rejection of a contract or lease will be barred if the proof

of claim is not timely filed, unless the Court orders otherwise.]

G. Tax Consequences of Plan

Creditors and equity interest holders concerned with how the plan may

affect their tax liability should consult with their own accountants,

attorneys, and/or advisors.

IV. Confirmation Requirements and Procedures

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 9

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 9 of 34
Debtor Name A&S Entertainment, LLC Case number 21-14020-RAM

To be confirmable, the Plan must meet the requirements listed in §1129 of the

Code. These include the requirements that: [1]- the Plan must be proposed in

good faith; [2] - if a class of claims is impaired under the Plan, at least one

impaired class of claims must accept the Plan, without counting votes of insiders;

[3] - the Plan must distribute to each creditor and equity interest holder at least

as much as the creditor or equity interest holder would receive in a chapter 7

liquidation case, unless the creditor or equity interest holder votes to accept the

Plan; and [4]- the Plan must be feasible.

These requirements are not the only requirements listed in § 1129, and they are

not the only requirements for confirmation.

A. Who May Vote or Object

Any party in interest may object to the confirmation of the Plan if the party

believes that the requirements for confirmation are not met.

Many parties in interest, however, are not entitled to vote to accept or reject the

Plan. Except as stated in Part IV.A.3 below, a creditor or equity interest holder

has a right to vote for or against the Plan only if that creditor or equity interest

holder has a claim or equity interest that is both

(1) allowed or allowed for voting purposes and

(2) impaired.

In this case, the Plan Proponent believes that classes 3 re impaired and that

holders of claims in each of these classes are therefore entitled to vote to accept

or reject the Plan. The Plan Proponent believes that classes 1, 2, 4 and 5 are

unimpaired and that holders of claims in each of these classes, therefore, do not

have the right to vote to accept or reject the Plan.

1. What is an allowed claim or an allowed equity interest?

Only a creditor or equity interest holder with an allowed claim or an allowed

equity interest has the right to vote on the Plan. Generally, a claim or equity

interest is allowed if either

(1) the Debtor has scheduled the claim on the Debtor’s schedules, unless the

claim has been scheduled as disputed, contingent, or unliquidated, or

(2) the creditor has filed a proof of claim or equity interest, unless an objection

has been filed to such proof of claim or equity interest.

When a claim or equity interest is not allowed, the creditor or equity interest

holder holding the claim or equity interest cannot vote unless the Court, after

notice and hearing, either overrules the objection or allows the claim or equity

interest for voting purposes pursuant to Rule 3018(a) of the Federal Rules of

Bankruptcy Procedure.

The deadline for filing a proof of claim in this case was July 6, 2021.

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 10

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2. What is an impaired claim or impaired equity interest?

As noted above, the holder of an allowed claim or equity interest has the right

to vote only if it is in a class that is impaired under the Plan. As provided in §

1124 of the Code, a class is considered impaired if the Plan alters the legal,

equitable, or contractual rights of the members of that class.

3. Who is not entitled to vote

The holders of the following five types of claims and equity interests are not

entitled to vote:

[1] holders of claims and equity interests that have been disallowed by an

order of the Court;

[2] holders of other claims or equity interests that are not "allowed claims"

or "allowed equity interests" (as discussed above), unless they have been

"allowed" for voting purposes.

[3] holders of claims or equity interests in unimpaired classes;

[4] holders of claims entitled to priority pursuant to §§ 507(a)(2), (a)(3),

and (a)(8) of the Code; holders of claims or equity interests in classes that

do not receive or retain any value under the Plan; and

[5] administrative expenses.

Even if you are not entitled to vote on the plan, you have a right to

object to the confirmation of the Plan [and to the adequacy of the

Disclosure Statement].

4. Who can vote in more than one class

A creditor whose claim has been allowed in part as a secured claim and in part

as an unsecured claim, or who otherwise hold claims in multiple classes, is

entitled to accept or reject a Plan in each capacity, and should cast one ballot

for each claim.

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 11

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 11 of 34
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B. Votes Necessary to Confirm the Plan

If impaired classes exist, the Court cannot confirm the Plan unless:

(1) all impaired classes have voted to accept the Plan; or

(2) at least one impaired class of creditors has accepted the Plan without

counting the votes of any insiders within that class, and the Plan is eligible to

be confirmed by “cram down” of the non-accepting classes, as discussed later

in Section B.2.

1. Votes necessary for a class to accept the plan

A class of claims accepts the Plan if both of the following occur:

(1) the holders of more than 1/2 of the allowed claims in the class, who vote,

cast their votes to accept the Plan, and

(2) the holders of at least 2/3 in dollar amount of the allowed claims in the

class, who vote, cast their votes to accept the Plan.

A class of equity interests accepts the Plan if the holders of at least 2/3 in

amount of the allowed equity interests in the class, who vote, cast their votes

to accept the Plan.

2. Treatment of non-accepting classes of secured claims, general

unsecured claims, and interests

Even if one or more impaired classes reject the Plan, the Court may

nonetheless confirm the Plan upon the request of the Plan proponent if the

non-accepting classes are treated in the manner prescribed by § 1129(b)

[which section is not applicable in this case pursuant to 11 U.S.C. §1181(a) of

the Code]. A plan that binds non-accepting classes is commonly referred to as

a cram down plan.

You should consult your own attorney if a cram down confirmation will

affect your claim or equity interest, as the variations on this general rule

are numerous and complex.

C. Liquidation Analysis

To confirm the Plan, the Court must find that all creditors and equity interest holders

who do not accept the Plan will receive at least as much under the Plan as such claim

and equity interest holders would receive in a chapter 7 liquidation. A liquidation

analysis is attached to this Disclosure Statement as Exhibit E.

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 12

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 12 of 34
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D. Feasibility

The Court must find that confirmation of the Plan is not likely to be followed by the

liquidation, or the need for further financial reorganization, of the Debtor or any

successor to the Debtor, unless such liquidation or reorganization is proposed in the

Plan.

1. Ability to initially fund plan

The Plan Proponent believes that the Debtor will have enough cash on hand

on the effective date of the Plan to pay all the claims and expenses that are

entitled to be paid on that date. Tables showing the amount of cash on hand

on the effective date of the Plan, and the sources of that cash are attached to

this disclosure statement as Exhibit F.

2. Ability to make future plan payments and operate without further

reorganization

The Plan Proponent must also show that it will have enough cash over the life

of the Plan to make the required Plan payments and operate the debtor’s

business.

The Plan Proponent has provided projected financial information. Those

projections are listed in Exhibit G.

The Plan Proponent’s financial projections show that the Debtor will have an

aggregate annual average cash flow, after paying operating expenses and

post-confirmation taxes, of $ .

The final Plan payment is expected to be paid on .

[Summarize the numerical projections, and highlight any assumptions that are

not in accord with past experience. Explain why such assumptions should now

be made.]

You should consult with your accountant or other financial advisor if you

have any questions pertaining to these projections.

V. Effect of Confirmation of Plan

A. Discharge of Debtor

Discharge On the effective date of the Plan, the Debtor shall be discharged from any

debt that arose before confirmation of the Plan, subject to the occurrence of the

effective date, to the extent specified in § 1141(d)(1)(A) of the Code, except that the

Debtor shall not be discharged of any debt: (i) imposed by the Plan, or (ii) to the extent

provided in U.S.C. § 1141(d)(6).

B. Modification of Plan

The Plan Proponent may modify the Plan at any time before confirmation of the Plan.

However, the Court may require a new disclosure statement and/or re-voting on the Plan.

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 13

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The Plan Proponent may also seek to modify the Plan at any time after confirmation only

if (1) the Plan has not been substantially consummated and (2) the Court authorizes the

proposed modifications after notice and a hearing.

C. Final Decree

Once the estate has been fully administered, as provided in Rule 3022 of the Federal

Rules of Bankruptcy Procedure, the Plan Proponent, or such other party as the Court

shall designate in the Plan Confirmation Order, shall file a motion with the Court to obtain

a final decree to close the case. Alternatively, the Court may enter such a final decree on

its own motion.

VI. Other Plan Provisions

NONE

/s/ Ciara Latrice Jones Ciara Latrice Jones

[Signature of the Plan Proponent] [Printed Name]

/s/ John A. Moffa John A. Moffa 0932760

[Signature of the Attorney for the Plan

Proponent]

[Printed Name]

Official Form 425B Disclosure Statement for Small Business Under Chapter 11 page 14

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Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 14 of 34
Fill in this information to identify the case:

Debtor name A & S Entertainment, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known) 21-14020-RAM

Check if this is an

amended filing

EXHIBIT "A" to the Disclosure Statement dated October 29, 2021

Official Form 425A

Amended Plan of Reorganization for Small Business Under Chapter 11

dated October 29, 2021

 A & S Entertainment, LLC 's Plan of Reorganization, Dated 

Background for Cases Filed Under Subchapter V

A. Description and History of the Debtor's Business

The Debtor is a Limited Liability Company which operates a gentlemen's entertainment facility in Miami,

Florida. The Debtor had a large tax assessment assessed and could not reach an agreement on a payment

plan prior to the Debtor's bank account being garnished. In order to continue to operate, the Debtor needed

to file this case.

B. Liquidation Analysis

To confirm the Plan, the Court must find that all creditors and equity interest holders who do not accept the

Plan will receive at least as much under the Plan as such claim and equity interest holders would receive in

a chapter 7 liquidation. A liquidation analysis is attached to the Plan as Exhibit B

C. Ability to make future plan payments and operate without further reorganization

The Plan Proponent must also show that it will have enough cash over the life of the Plan to make the

required Plan payments and operate the debtor’s business.

The Plan Proponent has provided projected financial information as Exhibit E

The Plan Proponent’s financial projections show that the Debtor will have projected disposable income (as

defined by § 1191(d) of the Bankruptcy Code) for the period described in § 1191(c)(2) of $ $35,000

The final Plan payment is expected to be paid on 11-30-26 .

[Summarize the numerical projections, and highlight any assumptions that are not in accord with past

experience. Explain why such assumptions should now be made.]

You should consult with your accountant or other financial advisor if you have any questions

pertaining to these projections.

Article 1: Summary

This Plan of Reorganization (the Plan) under chapter 11 of the Bankruptcy Code (the Code) proposes to pay

creditors of A & S Entertainment, LLC (the Debtor) from

This Plan provides for: 1 class of priority claims;

 1 class of secured claims;

 2 classes of non-priority unsecured claims; and

 1 class of equity security holders.

Non-priority unsecured creditors holding allowed claims will receive distributions, which the proponent of this

Plan has valued at approximately 12.35 cents on the dollar. This Plan also provides for the payment of

administrative and priority claims, in full and with interest as to the priority creditor..

Official Form 425A Plan of Reorganization for a Small Business Under Chapter 11 page 1

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 15 of 34
Debtor A & S Entertainment, LLC Case number (if known) 21-14020-RAM Name

All creditors and equity security holders should refer to Articles 3 through 6 of this Plan for information

regarding the precise treatment of their claim. A disclosure statement that provides more detailed information

regarding this Plan and the rights of creditors and equity security holders has been circulated with this Plan.

Your rights may be affected. You should read these papers carefully and discuss them with your

attorney, if you have one. (If you do not have an attorney, you may wish to consult one.)

Article 2: Classification of Claims and Interests

2.01 Class 1 Florida Department of Revenue

2.02 Class 2 Landlord cure of disputed amount

2.03 Class 3 All General Unsecured Claims (other than Landlord)

2.04 Class 4 Secured Claim of Douglas Stratton, Trustee- secured in the liquor license.

2.05 Class 5 Equity interests of the Debtor. (If the Debtor is an individual, change this heading to The

interests of the individual Debtor in property of the estate.)

Article 3: Treatment of Administrative Expense Claims, Priority Tax Claims, and Quarterly and Court

Fees

3.01 Unclassified claims Under section § 1123(a)(1), administrative expense claims, [“gap” period claims in an

involuntary case allowed under § 502(f) of the Code,] and priority tax claims are not in

classes.

3.02 Administrative

expense claims

Each holder of an administrative expense claim allowed under § 503 of the Code, [and

a “gap” claim in an involuntary case allowed under § 502(f) of the Code,] will be paid in

full on the effective date of this Plan, in cash, or upon such other terms as may be

agreed upon by the holder of the claim and the Debtor.

3.03 Priority tax claims Each holder of a priority tax claim will be paid, in full, with interests at 3.25 % over 60

months.

3.04 Statutory fees All fees required to be paid under 28 U.S.C. § 1930 that are owed on or before the

effective date of this Plan have been paid or will be paid on the effective date.

3.0

5

Prospective

quarterly fees

All quarterly fees required to be paid under 28 U.S.C. § 1930(a)(6) or (a)(7) will accrue

and be timely paid until the case is closed, dismissed, or converted to another chapter

of the Code

Article 4: Treatment of Claims and Interests Under the Plan

4.01 Claims and interests shall be treated as follows

under this Plan:

Official Form 425A Plan of Reorganization for a Small Business Under Chapter 11 page 2

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 16 of 34
Debtor A & S Entertainment, LLC Case number (if known) 21-14020-RAM Name

Class Impairment Treatment

Class 1 - Priority

claims

 Impaired

 Unimpaired

Priority Claims will be paid in full with

interest at 3.25% in equal monthly

payments over 60 months at $33,992.40

per month.

Class 2 – Landlord's

Cure Claim

 Impaired

 Unimpaired

The Cure amount is subject to liquidation

and the amount determined will be cured by

agreement, if possible. The cure amount,

once determined will be paid in full upon the

entry of a final judgment liquidating the

amount due or as agreed between the

parties. Debtor believes the amount owed is

$0, but the landlord asserts approximately

$215,000 is owed.

Class 3 – Non-priority

unsecured creditors

 Impaired

 Unimpaired

All General Unsecured Creditors other than

Class 2 Claim will share, pro-rata in a fund

of money of $1,000.00 per month for

60months No payments will be made until

all unliquidated claims are liquidated or

waived. The funds will accrue in the trust

account of the Debtor's attorney until all

claims and appeals are determined. At

such time, the funds will be disbursed in full,

if the 60 month accrual period has occurred,

in in part with monthly payments thereafter

until the 60month period has expired.

Notwithstanding any other provision of the

Plan, no payments or distributions will be

made on account of a Contingent, Disputed

and/or Unliquidated Claim until such Claim

becomes an Allowed Claim

Fixed Claim - FL DOR $485,890.53

Other Claims - Athill & Blash- Disputed,

Contingent & Unliquidated..

Class 4 - Secure Claim

of Douglas Stratton,

Trustee

 Impaired

 Unimpaired

The creditor holds a security interest in the

Debtor's liquor license in the amount of

$100,000. The Promissory Note indicates

that interest is at 10% per annum, but the

required interest only payment equates to

14% per annum. The Debtor will pay the

creditor, in full, with interest at the note rate

of 10% over 60 months through payments

of $2,124.70 per month at which time the

loan will be paid in full (PIF).

Class 5- Equity

security holders of

the Debtor

 Impaired

 Unimpaired

Member interests will be retained in the

current amounts and interests.

Article 5: Allowance and Disallowance of Claims

Official Form 425A Plan of Reorganization for a Small Business Under Chapter 11 page 3

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 17 of 34
Debtor A & S Entertainment, LLC Case number (if known) 21-14020-RAM Name

5.01 Disputed Claim A disputed claim is a claim that has not been allowed or disallowed by a final

non-appealable order, and as to which either:

(i) a proof of claim has been filed or deemed filed, and the Debtor or another party in

interest has filed an objection; or

(ii) no proof of claim has been filed, and the Debtor has scheduled such claim as

disputed, contingent, or unliquidated.

5.02 Delay of

distribution on a

disputed claim

No distribution will be made on account of a disputed claim unless such claim is allowed

by a final non-appealable order.

5.03 Settlement of

disputed claims

The Debtor will have the power and authority to settle and compromise a disputed claim

with court approval and compliance with Rule 9019 of the Federal Rules of Bankruptcy

Procedure.

Article 6: Provisions for Executory Contracts and Unexpired Leases

6.01 Assumed

executory

contracts and

unexpired

leases

(a) The Debtor assumes, and if applicable assigns, the following executory contracts

and unexpired leases as of the effective date:

Lease of non-residential real property pursuant to the terms of the lease and the

stipulation entered into on February 28, 2019.

(b) Except for executory contracts and unexpired leases that have been assumed, and

if applicable assigned, before the effective date or under section 6.01(a) of this Plan,

or that are the subject of a pending motion to assume, and if applicable assign, the

Debtor will be conclusively deemed to have rejected all executory contracts and

unexpired leases as of the effective date.

Article 7: Means for Implementation of the Plan 

The Debtor will make the payments under the Plan from the income generated by the

operation of its business.

Article 8: General Provision

8.01 Definitions and

rules of

construction

The definitions and rules of construction set forth in §§ 101 and 102 of the Code shall

apply when terms defined or construed in the Code are used in this Plan, and they are

supplemented by the following definitions:

8.02 Effective Date The effective date of this Plan is the first business day following the date that is 14 days

after the entry of the confirmation order. If, however, a stay of the confirmation order is in

effect on that date, the effective date will be the first business day after the date on

which the stay expires or is otherwise terminated.

Official Form 425A Plan of Reorganization for a Small Business Under Chapter 11 page 4

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 18 of 34
Debtor A & S Entertainment, LLC Case number (if known) 21-14020-RAM Name

8.03 Severability If any provision in this Plan is determined to be unenforceable, the determination will in

no way limit or affect the enforceability and operative effect of any other provision of this

Plan.

8.04 Binding Effect: The rights and obligations of any entity named or referred to in this Plan will be binding

upon, and will inure to the benefit of the successors or assigns of such entity.

8.05 Captions The headings contained in this Plan are for convenience of reference only and do not

affect the meaning or interpretation of this Plan.

[8.06 Controlling Effect Unless a rule of law or procedure is supplied by federal law (including the Code or the

Federal Rules of Bankruptcy Procedure), the laws of the State of Florida govern this

Plan and any agreements, documents, and instruments executed in connection with this

Plan, except as otherwise provided in this Plan.]

[8.07 Corporate

Governance

The Members will operate the overall business.

[8.08 Retention of

Jurisdiction

The bankruptcy court’ will retain jurisdiction after the effective date of the plan on all

claims, plan terms and conditions along with any modifications of the Plan.

Article 9: Discharge

[Discharge if the Debtor is a corporation under Subchapter V]

If the Debtor’s Plan is confirmed under § 1191(a), on the effective date of the Plan, the Debtor will be discharged from

any debt that arose before confirmation of this Plan, to the extent specified in § 1141(d)(1)(A) of the Code, except that

the Debtor will not be discharged of any debt:

(i) imposed by this Plan; or

(ii) to the extent provided in § 1141(d)(6).

If the Debtor’s Plan is confirmed under § 1191(b), confirmation of this Plan does not discharge any debt provided for in

this Plan until the court grants a discharge on completion of all payments due within the first 3 years of this Plan, or as

otherwise provided in § 1192 of the Code. The Debtor will not be discharged from any debt:

(i) on which the last payment is due after the first 3 years of the plan, or as otherwise provided in § 1192;

or

(ii) excepted from discharge under § 523(a) of the Code, except as provided in Rule 4007(c) of the Federal

Rules of Bankruptcy Procedure.

The Debtor believes the Plan will be confirmed under § 1191(a)

Article 10: Other Provisions

Notes: While the Secured Creditor is listed as impaired, it is actually being paid in

full at the contract rate of 10%, rather than paying "interest only". This is "better"

treatment, but still impaired.

Official Form 425A Plan of Reorganization for a Small Business Under Chapter 11 page 5

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 19 of 34
Debtor A & S Entertainment, LLC Case number (if known) 21-14020-RAM Name

Respectfully submitted,

X /s/ Ciara Jones Ciara Latrice Jones

[Signature of the Plan Proponent] [Printed name]

X /s/ John A. Moffa John A. Moffa 0932760

[Signature of the Attorney for the Plan

Proponent]

[Printed name]

Official Form 425A Plan of Reorganization for a Small Business Under Chapter 11 page 6

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 20 of 34
Case No.: 21-14020-RAM 

Exhibits to Disclosure Statement of A & S Entertainment, LLC, dated 

October 29, 2021 

EXHIBITS “B” & “D” 

ASSETS 

Valuation of Furniture, Fixtures, Equipment and Inventory at Petition date $150,000.00 

Bank Account as of 7/31/21 $258,000.00 

Liquor License (net of secured claim) $300,000.001

Total Assets $708,000.00 

LIABILITIES 

Priority FL DOR Claim $1,880,110.31 

Landlord Lease “cure” amount $ 215,510.00 

Attorney’s & Trustee Fees (Estimated) $ 80,000.00 

Total Liabilities (superior to general unsecured claims) $2,175,620.31 

Liquidation value (1,467,620.31) 

EXHIBIT “E” 

Income and Expense Projections2

Average Monthly Sales $290,000 

Average Monthly Expenses $230,000 

Average Monthly Net Income $ 60,000.00 

Less Lease Cure (6 mo cure

1 The Debtor discovered that the value of the liquor license has increased to almost 

$400,000. There is a lien of $100,000 on the liquor license and no one else has a claim 

to the liquor license. 

2 Certain expenses, like insurance, are paid annually and averaged into this amount.

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 21 of 34
amortized over 60 mos.) $ 3,5833

Less Priority FL DOR Taxes $ 33,992 

Less Professional Fees $ 4,0004

Less Secured Creditor Payment $ 2,125 

Less Management fees $ 15,300**5

Monthly Deductions from Income $59,000.00 

Amounts available to General Unsecured Creditor $ 1,000.00 

Monthly General Unsecured Payments $ 1,000.00 

Remaining funds $ 00.00 

Total proposed payout to General Unsecure Creditors $60,000.00 

3 The Debtor will need reduce management fees and/or use cash to ensure the amount 

due to the landlord is available.

4 The Debtor seems to attract numerous lawsuits, some of which are covered by 

insurance. The Debtor’s outlay for legal fees and settlements will resume once the 

automatic stay ends

5 The Debtor entered into a settlement with the Landlord in 2019. In order to effectuate 

the settlement, the Members personally borrowed about $600,000 to infuse into the 

Debtor. Almost $6,000 per month of this “management fee” is allocated by the Members 

for repayment of the Members’ loan, leaving a rather modest management fee for this 

complex operation.

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 22 of 34
UST Form 11-MOR (06/07/2021) 1

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF FLORIDA

MIAMI-DADE DIVISION

In Re.

A & S ENTERTAINMENT, LLC

Debtor(s)

§

§

§

§

Case No. 21-14020

Jointly Administered

Monthly Operating Report Chapter 11

Reporting Period Ended: 0/31/2021 Petition Date: 04/27/2021

Months Pending: Industry Classification: 5318

Reporting Method: Accrual Basis Cash Basis

Debtor's Full-Time Employees (current): 7

Debtor's Full-Time Employees (as of date of order for relief): 7

Supporting Documentation (check all that are attached):

(For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor)

Statement of cash receipts and disbursements

Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit 

Statement of operations (profit or loss statement)

Accounts receivable aging

Postpetition liabilities aging

Statement of capital assets

Schedule of payments to professionals

Schedule of payments to insiders

All bank statements and bank reconciliations for the reporting period 

Description of the assets sold or transferred and the terms of the sale or transfer

Printed Name of Responsible Party

Date

Address

/s/ John A. Moffa for A&S

Signature of Responsible Party

//2021

Ciara Jones

Miami

STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R.

§ 1320.4(a)(2) applies.

([KLELW&

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 23 of 34
UST Form 11-MOR (06/07/2021) 2

Debtor's Name

A & S ENTERTAINMENT, LLC

Case No. 21-14020

Part 1: Cash Receipts and Disbursements Current Month Cumulative

a. Cash balance beginning of month $

b. Total receipts (net of transfers between accounts) $ $

c. Total disbursements (net of transfers between accounts) $ $

d. Cash balance end of month (a+b-c) $

e. Disbursements made by third party for the benefit of the estate $0 $0

f. Total disbursements for quarterly fee calculation (c+e) $ $

Part 2: Asset and Liability Status Current Month

(Not generally applicable to Individual Debtors. See Instructions.)

a. Accounts receivable (total net of allowance) $0

b. Accounts receivable over 90 days outstanding (net of allowance) $0

c. Inventory ( (attach explanation)) Book Market Other

d Total current assets $

e. Total assets $

f. Postpetition payables (excluding taxes) $0

g. Postpetition payables past due (excluding taxes) $0

h. Postpetition taxes payable $0

i. Postpetition taxes past due $0

j. Total postpetition debt (f+h) $0

k. Prepetition secured debt $0

l. Prepetition priority debt $0

m. Prepetition unsecured debt $0

n. Total liabilities (debt) (j+k+l+m) $0

o. Ending equity/net worth (e-n) $

Part 3: Assets Sold or Transferred Current Month Cumulative

a. Total cash sales price for assets sold/transferred outside the ordinary

course of business $0 $0

b. Total payments to third parties incident to assets being sold/transferred

outside the ordinary course of business $0 $0

c. Net cash proceeds from assets sold/transferred outside the ordinary

course of business (a-b) $0 $0

Part 4: Income Statement (Statement of Operations) Current Month Cumulative

(Not generally applicable to Individual Debtors. See Instructions.)

a. Gross income/sales (net of returns and allowances) $

b. Cost of goods sold (inclusive of depreciation, if applicable) $

c. Gross profit (a-b) $

d. Selling expenses $

e. General and administrative expenses $0

f. Other expenses $0

g. Depreciation and/or amortization (not included in 4b) $0

h. Interest $0

i. Taxes (local, state, and federal) $0

j. Reorganization items $0

k. Profit (loss) $ $










Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 24 of 34
UST Form 11-MOR (06/07/2021) 3

Debtor's Name

A & S ENTERTAINMENT, LLC

Case No. 21-14020

Part 5: Professional Fees and Expenses

Approved

Current Month

Approved

Cumulative

Paid Current 

Month

Paid

Cumulative

a. Debtor's professional fees & expenses (bankruptcy) Aggregate Total $0 $0 $0 $0

Itemized Breakdown by Firm

Firm Name Role

i $0 $0 $0 $0

ii

Approved

Current Month

Approved

Cumulative

Paid Current 

Month

Paid

Cumulative

b. Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total

Itemized Breakdown by Firm

Firm Name Role

i

ii

c. All professional fees and expenses (debtor & committees)

Part 6: Postpetition Taxes Current Month Cumulative

a. Postpetition income taxes accrued (local, state, and federal) $0 $0

b. Postpetition income taxes paid (local, state, and federal) $0 $0

c. Postpetition employer payroll taxes accrued $0 $0

d. Postpetition employer payroll taxes paid $ $

e. Postpetition property taxes paid $0 $0

f. Postpetition other taxes accrued (local, state, and federal) $0 $0

g. Postpetition other taxes paid (local, state, and federal) $ $

Part 7: Questionnaire - During this reporting period:

a. Were any payments made on prepetition debt? (if yes, see Instructions) Yes No

b. Were any payments made outside the ordinary course of business Yes No

without court approval? (if yes, see Instructions)

c. Were any payments made to or on behalf of insiders? Yes No

d. Are you current on postpetition tax return filings? Yes No

e. Are you current on postpetition estimated tax payments? Yes No

f. Were all trust fund taxes remitted on a current basis? Yes No

g. Was there any postpetition borrowing, other than trade credit? Yes No

(if yes, see Instructions)

h. Were all payments made to or on behalf of professionals approved by

the court?

Yes No N/A

i. Do you have: Worker's compensation insurance? Yes No

If yes, are your premiums current? Yes No N/A (if no, see Instructions)

Casualty/property insurance? Yes No

If yes, are your premiums current? Yes No N/A (if no, see Instructions)

General liability insurance? Yes No

If yes, are your premiums current? Yes No N/A (if no, see Instructions)

j. Has a plan of reorganization been filed with the court? Yes No

   

 

;

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 25 of 34
UST Form 11-MOR (06/07/2021) 4

Debtor's Name

A & S ENTERTAINMENT, LLC

Case No. 21-14020

k. Has a disclosure statement been filed with the court? Yes No

l. Are you current with quarterly U.S. Trustee fees as

set forth under 28 U.S.C. § 1930?

Yes No

Part 8: Individual Chapter 11 Debtors (Only)

a. Gross income (receipts) from salary and wages $0

b. Gross income (receipts) from self-employment $0

c. Gross income from all other sources $0

d. Total income in the reporting period (a+b+c) $0

e. Payroll deductions $0

f. Self-employment related expenses $0

g. Living expenses $0

h. All other expenses $0

i. Total expenses in the reporting period (e+f+g+h) $0

j. Difference between total income and total expenses (d-i) $0

k. List the total amount of all postpetition debts that are past due $0

l. Are you required to pay any Domestic Support Obligations as defined by 11

U.S.C § 101(14A)?

Yes No

m. If yes, have you made all Domestic Support Obligation payments? Yes No N/A

Privacy Act Statement 

28 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C. 

§§ 704, 1106, and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28

U.S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor's progress

through the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is

being prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information

is needed to perform the trustee's or examiner's duties or to the appropriate federal, state, local, regulatory, tribal, or foreign

law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be

made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the

Executive Office for United States Trustee's systems of records notice, UST-001, "Bankruptcy Case Files and Associated

Records." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: http://

www.justice.gov/ust/eo/rules_regulations/index.htm. Failure to provide this information could result in the dismissal or

conversion of your bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).

I declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting

documentation are true and correct and that I have been authorized to sign this report on behalf of the 

estate.

/s/ John A. Moffa for A&S

Signature of Responsible Party

attorney

Printed Name of Responsible Party

/2021

Title Date

Ciara Jones

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 26 of 34
Business Checking Plus

PNC Bank

For the Period 07/31/2021 to 08/31/2021

A & S ENTERTAINMENT LLC #21-14020 For 24-hour banking sign on to

DBA THE OFFICE GENTLEMEN'S CLUB PNC Bank Online Banking on pnc.com

DEBTOR IN POSSESSION FREE Online Bill Pay

250 NE 183RD ST

MIAMI FL 33179-4507 For customer service call 1-877-BUS-BNKG

PNC accepts Telecommunications Relay Service (TRS)

calls.

Para servicio en espanol, 1-877-BUS-BNKG

Moving? Please contact your local branch

Write to: Customer Service

PO Box 609

Pittsburgh, PA 15230-9738

Visit us at PNC.com/smallbusiness

Important Information:

This information impacts customers who are deaf, hard of hearing, deaf-blind, or have speech disabilities. As

PNC seeks to broaden Accessibility options for these customers, we have discontinued Teletypewriter (TTY) and

Telecommunication Devices for the Deaf (TDD) services in favor of the many Telecommunications Relay Service

(TRS) options available. PNC accepts all TRS calls. There are a variety of TRS options available, and most

are free to use. Visit fcc.gov/trs for more information.

IMPORTANT ACCOUNT CHANGE FOR ALL BUSINESS ACCOUNTS

WITH TREASURY MANAGEMENT SERVICES

Effective JANUARY 1, 2022, charges for certain Treasury Management services will change. The impact of these

changes on your business will depend on the mix of services you use at PNC and your transaction volume. If

applicable, the fees for some of the services may be reduced or offset by the Earning Credit for your

account.

Treasury Management services, which may be subject to change, include Automated Clearing House (ACH), Cash

Logistics, Cash Flow Insight, Account Reconcilement, Direct to Debit, Electronic Data Interchange (EDI),

ePayments, Integrated Payables, Integrated Receivables, Invoice Automation, PINACLE, PayerExpress, Print

Mail, Purchase Card, Real Time Payments, Remote Deposit, and Wire Transfer services.

We would be happy to review with you the changes that are applicable to your account and to discuss other

services or options that may address the evolving needs of your business. Current Treasury Management charges

are listed on your monthly statement, if applicable.

If you are interested in a review, please contact Treasury Management Client Care (TMCC) at 1-800-669-1518

A & S Entertainment Llc #21-14020 B DBA The Office Gentlemen's Club usiness Checking Plus Summary

Account number: 5028

Overdraft Protection has not been established for this account.

Please contact us if you would like to set up this service.

Primary Account Number: 5028 Page 1 

of

Number of enclosures: 0

7

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 27 of 34
Business Checking Plus

For 24-hour account information, sign-on to

pnc.com/mybusiness/

Business Checking Plus Account Number: 5028 - continued

Balance Summary

Beginning

balance

Deposits and

other additions

Checks and other

deductions

Ending

balance

269,919.55 390,184.78 279,917.22 380,187.11

Average ledger

balance

Average collected

balance

359,568.69 359,074.97

Overdraft and Returned Item Fee Summary

Total for this Period Total Year to Date

Total Returned Item Fees (NSF) .00 36.00

Deposits and Other Additions

Description Items Amount

Deposits 2 16,694.93

ACH Additions 55 367,059.71

Other Additions 1 6,430.14

Checks and Other Deductions

Description Items Amount

Checks 93 100,042.40

Debit Card Purchases 6 2,763.20

ATM/Misc. Debit Card

Transactions

7 3,197.02

ACH Deductions 31 59,571.44

Service Charges and Fees 1 342.00

Other Deductions 3 114,001.16

Total 58 390,184.78 Total 141 279,917.22

Daily Balance

Date Ledger balance Date Ledger balance Date Ledger balance

07/31 269,919.55

08/02 216,195.06

08/03 214,019.08

08/04 234,435.52

08/05 231,731.08

08/06 235,455.10

08/09 271,092.32

08/10 388,981.75

08/11 385,802.57

08/12 389,709.38

08/13 389,157.64

08/16 426,602.13

08/17 423,974.01

08/18 426,365.46

08/19 422,773.87

08/20 409,339.65

08/23 431,122.12

08/24 439,944.48

08/25 442,870.13

08/26 444,217.62

08/27 418,077.24

08/30 440,246.52

08/31 380,187.11

Activity Detail

Deposits and Other Additions

Deposits

Date

posted Amount

Transaction

description

Reference

number

08/09 8,062.93 Deposit 032259074

08/30 8,632.00 Deposit 032494205

ACH Additions

Date

posted Amount

Transaction

description

Reference

number

08/02 1,413.77 Corporate ACH Pymt Proc 00021214906826703

Futurepos Pymts 021770021751261

08/02 924.46 Corporate ACH Pymt Proc 00021214907023876

Futurepos Pymts 021770021751261

08/02 676.39 Corporate ACH Pymt Proc 00021214906758312

Futurepos Pymts 021770021751261

ACH Additions continued on next page

For the Period 07/31/2021 to 08/31/2021

A & S Entertainment Llc #21-14020

Primary Account Number: 5028 Page 2 

of 7

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 28 of 34
Business Checking Plus

For 24-hour account information, sign-on to

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Business Checking Plus Account Number: 5028 - continued

ACH Additions - continued

Date

posted Amount

Transaction

description

Reference

number

08/02 5,050.00 Corporate ACH BC Brinks Capital L n/a 00021214908114993

08/03 1,456.77 Corporate ACH Pymt Proc 00021215901549431

Futurepos Pymts 021770021751261

08/03 3,118.00 Corporate ACH BC Brinks Capital L n/a 00021215902762467

08/04 188.00 Corporate ACH Pymt Proc 00021216905329199

Futurepos Pymts 021770021751261

08/04 31,123.00 Corporate ACH BC Brinks Capital L n/a 00021216906155138

08/05 72.00 Corporate ACH Pymt Proc 00021217909457058

Futurepos Pymts 021770021751261

08/05 4,205.00 Corporate ACH BC Brinks Capital n/a 00021217910583795

08/06 768.63 Corporate ACH Pymt Proc 00021218902532342

Futurepos Pymts 021770021751261

08/06 5,412.00 Corporate ACH BC Brinks Capital n/a 00021218903466575

08/09 2,208.57 Corporate ACH Pymt Proc 00021221906066282

Futurepos Pymts 021770021751261

08/09 1,461.12 Corporate ACH Pymt Proc 00021221905913012

Futurepos Pymts 021770021751261

08/09 99.81 Corporate ACH Pymt Proc 00021221905878802

Futurepos Pymts 021770021751261

08/09 29,968.00 Corporate ACH BC Brinks Capital n/a 00021221906858653

08/10 112,230.46 Corporate ACH Rlsd Funds 00021222909221151

Futurepos Pymts 021770021751261

08/10 2,783.81 Corporate ACH Pymt Proc 00021222909351687

Futurepos Pymts 021770021751261

08/10 3,932.00 Corporate ACH BC Brinks Capital n/a 00021222910483898

08/11 746.96 Corporate ACH Pymt Proc 00021223902969349

Futurepos Pymts 021770021751261

08/11 2,951.00 Corporate ACH BC Brinks Capital n/a 00021223903661142

08/12 509.81 Corporate ACH Pymt Proc 00021224906766062

Futurepos Pymts 021770021751261

08/12 4,093.00 Corporate ACH BC Brinks Capital n/a 00021224907766261

08/16 3,640.14 Corporate ACH Pymt Proc 00021228903576023

Futurepos Pymts 021770021751261

08/16 2,263.70 Corporate ACH Pymt Proc 00021228903753531

Futurepos Pymts 021770021751261

08/16 139.62 Corporate ACH Pymt Proc 00021228903534962

Futurepos Pymts 021770021751261

08/16 29,487.00 Corporate ACH BC Brinks Capital n/a 00021228904650045

08/17 1,838.00 Corporate ACH Pymt Proc 00021229907986986

Futurepos Pymts 021770021751261

08/17 4,981.00 Corporate ACH BC Brinks Capital n/a 00021229909723075

08/18 1,871.46 Corporate ACH Pymt Proc 00021230901327353

Futurepos Pymts 021770021751261

08/18 4,994.00 Corporate ACH BC Brinks Capital n/a 00021230902510813

08/19 1,143.47 Corporate ACH Pymt Proc 00021231904952696

Futurepos Pymts 021770021751261

08/19 3,292.00 Corporate ACH BC Brinks Capital n/a 00021231905548868

ACH Additions continued on next page

For the Period 07/31/2021 to 08/31/2021

A & S Entertainment Llc #21-14020

Primary Account Number: 5028 Page 3 

of 7

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 29 of 34
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Business Checking Plus Account Number: 5028 - continued

ACH Additions - continued

Date

posted Amount

Transaction

description

Reference

number

08/20 100.00 Corporate ACH Pymt Proc 00021232907933500

Futurepos Pymts 021770021751261

08/20 9,065.00 Corporate ACH BC Brinks Capital n/a 00021232908760800

08/23 2,129.89 Corporate ACH Pymt Proc 00021235911077113

Futurepos Pymts 021770021751261

08/23 1,717.77 Corporate ACH Pymt Proc 00021235911115401

Futurepos Pymts 021770021751261

08/23 97.62 Corporate ACH Pymt Proc 00021235911279848

Futurepos Pymts 021770021751261

08/23 20,616.00 Corporate ACH BC Brinks Capital n/a 00021235912075135

08/24 13,000.00 ACH Credit 5Cioeo9B39 Turner: Rap Sht 00021236904452087

08/24 2,650.09 Corporate ACH Pymt Proc 00021236904532038

Futurepos Pymts 021770021751261

08/24 7,292.00 Corporate ACH BC Brinks Capital n/a 00021236905181446

08/25 1,850.22 ACH Credit Futurepos Futurepos XXXXXXXXXXX2204 00021237907810908

08/25 1,598.23 Corporate ACH Pymt Proc 00021237907885386

Futurepos Pymts 021770021751261

08/25 2,400.00 Corporate ACH BC Brinks Capital n/a 00021237908501154

08/26 58.68 Corporate ACH Fintecheft 00021237909226799

Republic Nationa 27-3639438

08/26 113.42 Corporate ACH Pymt Proc 00021238901244258

Futurepos Pymts 021770021751261

08/26 3,560.00 Corporate ACH BC Brinks Capital n/a 00021238902064202

08/27 628.27 Corporate ACH Pymt Proc 00021239904630296

Futurepos Pymts 021770021751261

08/27 6,711.00 Corporate ACH BC Brinks Capital n/a 00021239905239949

08/30 1,136.88 Corporate ACH Pymt Proc 00021242908129862

Futurepos Pymts 021770021751261

08/30 970.15 Corporate ACH Pymt Proc 00021242907995066

Futurepos Pymts 021770021751261

08/30 16,217.00 Corporate ACH BC Brinks Capital n/a 00021242909027175

08/31 1,981.54 Corporate ACH Pymt Proc 00021243902215020

Futurepos Pymts 021770021751261

08/31 4,123.00 Corporate ACH BC Brinks Capital n/a 00021243903401191

Other Additions

Date

posted Amount

Transaction

description

Reference

number

08/16 6,430.14 Wire Transfer In 218Gi2219H1Zajej W218GI2219H1ZAJEJ

Checks and Other Deductions

Checks and Substitute Checks * Gap in check sequence

Date

posted

Check

number Amount

Reference

number

Date

posted

Check

number Amount

Reference

number

Date

posted

Check

number Amount

Reference

number

08/04 1139 * 10,753.32 071275025

08/16 1153 * 1,167.67 075571672

08/20 1154 339.00 072508008

08/19 1155 7,880.28 070583060

08/12 1156 696.00 071103104

08/17 1158 * 5,355.00 076256612

08/17 1159 846.80 076725062

08/20 1160 932.50 072508007

08/19 1162 * 146.78 071269374

Checks and Substitute Checks continued on next page

For the Period 07/31/2021 to 08/31/2021

A & S Entertainment Llc #21-14020

Primary Account Number: 5028 Page 4 

of 7

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 30 of 34
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Business Checking Plus Account Number: 5028 - continued

Checks and Substitute Checks - continued

Date

posted

Check

number Amount

Reference

number

Date

posted

Check

number Amount

Reference

number

Date

posted

Check

number Amount

Reference

number

08/24 1164 * 12,322.80 075047673

08/27 1167 * 32,883.78 070409594

08/30 50047 * 32.27 073113421

08/05 50071 * 595.24 072257362

08/30 50080 * 89.30 073113419

08/05 50088 * 595.24 072257361

08/30 50097 * 48.94 073113420

08/25 50118 * 175.37 076725384

08/25 50137 * 119.97 076725558

08/31 50138 41.90 074543300

08/31 50156 * 39.30 074543299

08/02 50167 * 132.23 075818602

08/09 50168 126.03 074753107

08/10 50173 * 27.08 077493097

08/31 50175 * 39.68 074543298

08/20 50186 * 92.15 072534435

08/02 50187 133.53 075818601

08/09 50188 39.68 074753100

08/10 50190 * 170.75 077660630

08/10 50193 * 101.61 077493098

08/30 50195 * 127.76 073113416

08/02 50199 * 109.02 075395686

08/09 50200 2,000.00 076101990

08/30 50201 140.51 073174108

08/06 50202 595.86 074029240

08/09 50203 119.05 076121917

08/05 50205 * 434.54 071726609

08/20 50206 35.93 072534437

08/16 50207 68.67 074625999

08/09 50208 39.69 074753108

08/03 50209 635.42 070318680

08/05 50210 154.85 071598130

08/11 50211 193.97 071051528

08/05 50212 514.89 072614943

08/10 50213 40.20 077493095

08/25 50214 179.13 076751715

08/30 50215 82.50 073113415

08/06 50216 434.54 073540538

08/11 50218 * 116.60 070054816

08/05 50219 154.85 071645718

08/09 50220 2,000.00 076101989

08/16 50221 113.90 L075563304

08/23 50222 595.86 074241562

08/09 50223 147.89 076121571

08/10 50225 * 434.54 076701252

08/31 50226 75.09 075023215

08/23 50227 39.67 074178905

08/09 50228 635.41 074810601

08/10 50229 121.57 077660632

08/11 50230 183.60 071051529

08/11 50231 514.89 070817569

08/10 50232 161.09 077493096

08/25 50233 159.13 076751716

08/30 50234 81.81 073113417

08/09 50235 434.54 075053857

08/11 50237 * 136.49 070054815

08/20 50239 * 2,000.00 072480029

08/30 50240 135.42 073174109

08/23 50241 595.86 074241563

08/23 50242 116.45 073368264

08/17 50244 * 434.54 076724473

08/30 50245 101.71 073175109

08/23 50246 84.34 074178923

08/18 50247 635.42 077179957

08/18 50248 123.87 077482813

08/23 50249 143.68 074455361

08/20 50250 514.89 072507271

08/25 50252 * 165.21 076751713

08/30 50253 75.62 073113418

08/17 50255 * 434.54 076749371

08/30 50259 * 2,000.00 073270094

08/30 50260 97.65 073174110

08/27 50261 595.87 071452307

08/23 50262 183.78 073368266

08/25 50264 * 434.54 076320963

08/30 50265 44.38 073175110

08/23 50267 * 635.41 073441821

08/25 50268 114.07 076508276

08/23 50269 114.08 074455360

08/30 50270 514.89 073115900

08/25 50272 * 142.70 076751714

08/26 50273 434.54 077792791

08/31 50279 * 595.86 075030216

08/31 50285 * 635.42 073893782

Debit Card Purchases

Date

posted Amount

Transaction

description

Reference

number

08/02 644.22 0166 Debit Card Purchase Comcast Dade 26104860020960166214

800-2662278 Fl

08/04 141.24 0166 Debit Card Purchase Intellicheck Inc 60582860020960166216

Suite 207 M NY

08/13 300.00 0166 Debit Card Purchase Sq *Perez & Parisi 27493860020960166225

415-3753176 Fl

08/16 763.98 0166 Debit Card Purchase Nightlife Supplier (mo 52149860020960166228

800-9952068 Fl

08/23 269.68 0166 Debit Card Purchase Dtv*Directv Service 55246860020960166235

800-3473288 Ca

08/31 644.08 0166 Debit Card Purchase Comcast Dade 21757860020960166243

800-2662278 Fl

ATM/Misc. Debit Card Transactions

Date

posted Amount

Transaction

description

Reference

number

08/02 1,027.48 N0731 0166 Payment Fpl: Speedpay Juno Beach Fl POSI000353 2152432

08/02 40.48 N0731 0166 Payment Fpl: Speedpay Juno Beach Fl POSI000353 2152433

08/02 452.43 0166 Recurring Debit Card Berkshire Hathaway In 26105860020960166214

844-4720967 PA

08/16 125.00 0166 Recurring Debit Card Hypemakerz Llc 52150860020960166228

786-4888717 Fl

08/31 1,058.73 N0830 0166 Payment Fpl: Speedpay Juno Beach Fl POSI000353 0580285

08/31 40.47 N0830 0166 Payment Fpl: Speedpay Juno Beach Fl POSI000353 0580286

08/31 452.43 0166 Recurring Debit Card Berkshire Hathaway In 21758860020960166243

844-4720967 PA

For the Period 07/31/2021 to 08/31/2021

A & S Entertainment Llc #21-14020

Primary Account Number: 5028 Page 5 

of 7

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 31 of 34
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Business Checking Plus Account Number: 5028 - continued

ACH Deductions

Date

posted Amount

Transaction

description

Reference

number

08/02 4,620.00 Corporate ACH Fintecheft 00021211904614590

Republic Nationa 27-3639438

08/02 16.64 Corporate ACH Fees 00021214906758500

Futurepos Pymts 021770021751261

08/03 2,810.91 Corporate ACH Ipfspmtflt 00021215901383599

Ipfs866-412-2452 308693

08/03 1,885.92 ACH Web Web_pay Waste Connection 55388253073121 00021214909479679

08/03 1,418.50 Corporate ACH ADP - Tax 00021214909479483

ADP - Tax 427547985238A03

08/05 2,587.83 Corporate ACH Vendor Pay 00021217908517310

Sysco South Flo Cust #758409

08/05 1,944.00 Corporate ACH Ebillpymts Breakthrubev 4349027 00021216906780935

08/06 1,396.21 Corporate ACH ADP - Tax 00021217910833424

ADP - Tax 769080784772A03

08/06 30.00 Corporate ACH Proc Fee S 00021218902400209

Futurepos Pymts 021770021751261

08/09 589.72 Corporate ACH Fintecheft 00021218903995358

Republic Nationa 27-3639438

08/09 31.20 Corporate ACH Chg Backs 00021221905424105

Futurepos Pymts 021770021751261

08/11 2,114.48 Corporate ACH Vendor Pay 00021222911674963

Sysco South Flo Cust #758409

08/11 1,560.00 Corporate ACH Chg Backs 00021223902841275

Futurepos Pymts 021770021751261

08/11 1,052.95 Corporate ACH Utility North Miami Bch 0437365 00021222910397884

08/11 1,004.16 Corporate ACH Ebillpymts Breakthrubev 4359954 00021222911314948

08/13 251.74 Corporate ACH ADP - Fees ADP Payroll Fees 2R4Bb 00021224907678161

08/16 1,352.89 Corporate ACH ADP - Tax 00021225901749061

ADP - Tax 487559588062A03

08/16 924.00 Corporate ACH Fintecheft 00021225901527302

Republic Nationa 27-3639438

08/17 2,376.24 Corporate ACH Vendor Pay 00021228905989951

Sysco South Flo Cust #758409

08/18 2,718.72 Corporate ACH Fintecheft 00021229909987938

Republic Nationa 27-3639438

08/18 996.00 Corporate ACH Ebillpymts Breakthrubev 4372832 00021229909650076

08/20 17,447.54 Corporate ACH C01 Fla Dept Revenue 289652952 00021232907857169

08/20 1,237.21 Corporate ACH ADP - Tax 00021231906316789

ADP - Tax 782059530655A03

08/24 1,729.66 Corporate ACH Vendor Pay 00021235913317477

Sysco South Flo Cust #758409

08/24 37.27 ACH Debit Elec Pymt 00021235912735928

Fpl Direct Debit XXXXXX8112 Ppda

08/24 30.00 Corporate ACH Proc Fee S 00021236904421799

Futurepos Pymts 021770021751261

08/25 1,432.68 Corporate ACH Fintecheft 00021236906570645

Republic Nationa 27-3639438

08/26 48.68 Corporate ACH Chg Backs 00021238901130519

Futurepos Pymts 021770021751261

ACH Deductions continued on next page

For the Period 07/31/2021 to 08/31/2021

A & S Entertainment Llc #21-14020

Primary Account Number: 5028 Page 6 

of 7

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 32 of 34
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Business Checking Plus Account Number: 5028 - continued

ACH Deductions - continued

Date

posted Amount

Transaction

description

Reference

number

08/26 1,901.39 Corporate ACH DD0824-1 Brinks Capital 273639438 00021238902921853

08/30 1,213.99 Corporate ACH ADP - Tax 00021239906140323

ADP - Tax 657078498920A03

08/31 2,810.91 Corporate ACH Ipfspmtflt 00021243902121884

Ipfs866-412-2452 308693

Service Charges and Fees

Date

posted Amount

Transaction

description

Reference

number

08/02 342.00 Service Charge Period Ending 07/30/2021

Other Deductions

Date

posted Amount

Transaction

description

Reference

number

08/02 54,271.08 Wire Transfer Out 2182H52170Wz21Kt W2182H52170WZ21KT

08/31 5,459.00 Wire Transfer Out 218Vh2707Rmb62Sn W218VH2707RMB62SN

08/31 54,271.08 Wire Transfer Out 218Vh3222M5B3Ubk W218VH3222M5B3UBK

Detail of Services Used During Current Period

Note: The total charge for the following services will be posted to your account on 09/01/2021 and will appear on your next statement as a single

line item entitled Service Charge Period Ending 08/31/2021.

** Combined Transactions include ACH Credits, ACH Debits, Checks Paid, Deposited Item - Consolidated, Deposit Tickets Processed

Description Volume Amount

Account Maintenance Charge .00 Requirements Met

Combined Transactions 183 .00 Included in Account

 ACH Credits 55 .00

 ACH Debits 31 .00

 Checks Paid 93 .00

 Deposited Item - Consolidated 2 .00

 Deposit Tickets Processed 2 .00

Branch - Consolidated Cash Deposited 86 .00 Included in Account

Wire, Treasury Management Services 193.00

 Incoming Wire Transfer 1 13.00

 Branch Initiated Domestic Wire 2 180.00

Pinacle Services 59.00

 Pinacle Express 1 35.00

 Pinacle Express Modules 2 24.00

Total For Services Used This Period 252.00

Total Service Charge 252.00

Member FDIC Equal Housing Lender

For the Period 07/31/2021 to 08/31/2021

A & S Entertainment Llc #21-14020

Primary Account Number: 5028 Page 7 

of 7

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 33 of 34
See Accountants' Compilation Report 

A & S Entertainment LLC 

Income Statement 

For the Period Ended August 31, 2021 

 1 Month Ended 

 Aug. 31, 2021 Pct 

 Revenue 

 Fee Income $ 388,544.90 100.00 

 Total Revenue 388,544.90 100.00

 Cost of Sales 

 Cost Of Goods Sold 209,436.98 53.90 

Total Cost of Sales 209,436.98 53.90

 Gross Profit 179,107.92 46.10

 Operating Expenses 

 Bank Service Charges 342.00 0.09 

 Credit Card Charges 76.64 0.02 

 Insurance 5,621.82 1.45 

 Professional Fees 146.78 0.04 

 Repairs & Maintenance 1,885.92 0.49 

 Telephone 1,557.98 0.40 

 Gas & Electric 2,204.43 0.57 

 Water 1,052.95 0.27 

 Office Supplies 141.24 0.04 

 Outside Services 833.54 0.21 

 Payroll Expenses 29,064.93 7.48 

 Payroll Processing Fees 251.74 0.06 

 Advertising 1,667.80 0.43 

 Accounting Fees 300.00 0.08 

 Security & Alarm 9,901.39 2.55 

 Taxes & Penalties 17,447.54 4.49 

 Payroll Taxes 2,223.47 0.57 

 Total Operating Expenses 74,720.17 19.23

 Operating Income 104,387.75 26.87

 Net Income (Loss) $ 104,387.75 26.87

Case 21-14020-RAM Doc 117 Filed 11/02/21 Page 34 of 34