Securities and Exchange Commission
                             Washington, D.C. 20549

                                   Form 10-KSB

[X]  Annual Report under Section 13 or 15(d) of the Securities Exchange Act of
     1934 for the fiscal year ended September 30, 2003

[ ]  Transition report under Section 13 or 15(d) of the Securities Exchange Act
     of 1934

Commission File Number: 000-8835

                      Taurus Entertainment Companies, Inc.
                 (Name of Small Business Issuer in Its Charter)

           Colorado                                              84-0736215
(State Or Other Jurisdiction Of                                (IRS Employer
 Incorporation Or Organization)                             Identification No.)

                       19901 Southwest Freeway, Suite 209
                             Sugar Land, Texas 77479
                    (Address Of Principal Executive Offices)

                                 (281) 207-5484
                         (Registrant's Telephone Number)

         Securities Registered Under Section 12(b) Of The Exchange Act:

                           Title Of Each Class     n/a
                Name Of Each Exchange On Which Registered     n/a

          Securities Registered Pursuant To 12(g) Of The Exchange Act:

                               Title Of Each Class
                          Common Stock, $.001 Par Value



     Check whether the issuer: (i) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (ii)
has been subject to such filing requirements for the past 90 days.  Yes [X]
No [ ]

     Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B contained herein, and no disclosure will be contained, to
the best of registrant's knowledge, in definitive proxy or information statement
incorporated by reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB. [ ]

     Issuer's revenues for the year ended September 30, 2003, were $0.  The
aggregate market value of Common Stock held by non-affiliates of the registrant
at January 12, 2004, based upon the last reported price on the OTCBB, was
$1,285,704.60.   As of January 12, 2004, there were 10,768,004 shares of common
stock outstanding.


<PAGE>
<TABLE>
<CAPTION>
                                TABLE OF CONTENTS

PART I                                                              Page
<S>       <C>                                                  <C>

Item 1.   Business                                                     1

Item 2.   Properties                                                   4

Item 3.   Legal Proceedings                                            4

Item 4.   Submission of Matters to a Vote of Security Holders          4

PART II

Item 5.   Market for Registrant's Common Equity and                    4
          Related Stockholder Matters

Item 6.   Management's Discussion and Analysis or                      6
          Plan of Operations

Item 7.   Financial Statements                                 8 and F-1

Item 8.   Changes in and Disagreements with Accountants                8
          on Accounting and Financial Disclosures

Item 8A.  Controls and Procedures                                      9

PART III

Item 9.   Directors, Executive Officers, Promoters and                 9
          Control Persons; Compliance with Section 16(a) of
          The Exchange Act

Item 10.  Executive Compensation                                      11

Item 11.  Security Ownership of Certain Beneficial                    12
          Owners and Management and
          Related Stockholder Matters

Item 12.  Certain Relationships and Related Transactions              13

Item 13.  Exhibits and Reports on Form 8-K                            13
</TABLE>


<PAGE>
                                     PART I

ITEM 1.   BUSINESS

HISTORY

     Taurus  Entertainment Companies, Inc. ("Taurus) was organized in 1977, as a
Colorado corporation. Taurus common stock trades on the OTC Bulletin Board under
the  trading  symbol  "TAUR-OB".

     In  June  2003, Taurus and Alfred Oglesby, the sole stockholder of Bluestar
Physical  Therapy,  Inc., a Texas corporation ("Bluestar"), entered into a Stock
Exchange Agreement ("Exchange Agreement") whereby Mr. Oglesby tendered to Taurus
all  issued  and  outstanding shares of common stock of Bluestar in exchange for
9,650,000  shares  of  restricted  common  stock  of Taurus. As a result of this
transaction,  Bluestar is now a wholly-owned subsidiary of Taurus. The terms and
conditions  of  the  Exchange  Agreement  were  the  result  of  arm's  length
negotiations.  However,  no  appraisal  was  taken.  Upon  completion  of  that
transaction,  the  Board  of  Directors  of  Taurus  appointed  Mr. Oglesby as a
Director  of  Taurus and appointed Mr. Oglesby as President, and Chief Financial
Officer.

     Bluestar,  which  was  incorporated  in  March  2003,  is  engaged  in  the
acquisition,  development  and operation of licensed outpatient physical therapy
clinics.  The clinics provide post-operative care and treatment for a variety of
orthopedic related disorders and sports-related injuries on an outpatient basis.
Bluestar's growth strategy is to acquire and develop outpatient physical therapy
clinics  initially  in  Texas  and  the  South and later to expand on a national
basis.

     Effective  October  31,  2003,  Bluestar  completed  the  acquisition  of
HealthQuest,  Inc.  ("Healthquest"),  a Florida based health management services
and  consulting  company.  Terms  of  the sale included 250,000 shares of Taurus
common  stock  and the assumption of liabilities of approximately $330,000. Upon
the  completion  of  the  transaction, Dr. Peter Lord was appointed President of
Bluestar.

     Prior  to  the  Exchange Agreement in June 2003, Taurus had been engaged in
the  adult  entertainment  industry.  Upon completion of the transaction, Taurus
immediately  changed  its  business activities to the engage in the acquisition,
development  and  operation  of  licensed  outpatient  physical therapy clinics.

BUSINESS STRATEGY

     The  core business is a new model for healthcare services. The company will
acquire  existing  physical  therapy  practices  through  acquisitions  and  the
integration  of  prevention,  wellness  and  medical  spa  services  to  these
company-owned  practices.

     Acquisition  of  the  rehabilitation  industry  remains  strong  as several
successful  companies  are  still  growing  and  meeting  their  projections. By
offering  an  a  la carte menu of prevention, wellness and medical spa services,
rehabilitation  companies  are  now  realizing the opportunities of the wellness
revolution  witnessed  in  healthcare  today.  By  adding these new leading edge
services,  a  clinic  acquired  by  the  Company can take advantage of this cash
reimbursement  potential,  while  adding  services  the  customer is looking for
today.

     Baby  boomers,  looking to feel better, look better, and live healthier and
longer  are driving this paradigm shift in healthcare. Seniors are also a strong
market  as  they  are  searching  for ways to stop the clock and are engaging in
wellness activities, consuming nutritional products and participating in fitness
programs.  This  new Medicare Prescription legislation has provided more covered
services  for  outpatient


                                        1
<PAGE>
physical therapy and has added health screening services. Bluestar's acquisition
of  HealthQuest  positioned  the  company to provide these services to its newly
acquired  physical  therapy  practices.

     HealthQuest  has  been  engaged  in  providing wellness screenings, fitness
programs,  nutritional  interventions, and medical spa services. Now through its
recently  opened  location  in  Ponte  Vedra  Beach, HealthQuest WellSpa., it is
developing  the  prototype  for  future sites as well as being able to integrate
these services, products and wellness protocols into its newly acquired clinics.
The WellSpa concept provides comprehensive services and products from physicians
services,  physical  therapy,  fitness programs, skin care, and high-end medical
spa  services,  in one convenient location with the goal of impacting customers'
lifestyle  to  make  them  healthier,  happier,  and looking and feeling better.

     Today,  less  than 1% of all physicians are involved in providing wellness.
However, physical therapists are perfectly poised to capture the leadership role
in providing services in this emerging wellness industry. Bluestar believes that
outpatient physical therapy practices are the perfect setting to integrate these
new  services.  We  are  already  seeing  the  professional  organizations  in
rehabilitation  embracing  this challenge and opportunity. Bluestar is poised to
be  the  industry  leader  in  the combined model of rehabilitation and wellness
services.

COMPETITION

     The  healthcare  industry  generally,  and  the  physical  and occupational
therapy  businesses  in particular, are highly competitive and undergo continual
changes in the manner in which services are delivered and in which providers are
selected.  Competitive  factors  affecting our business include quality of care,
cost,  treatment  outcomes,  convenience of location, and relationships with and
ability  to  meet  the  needs of referral and payor sources. Our clinics compete
directly or indirectly with the physical and occupational therapy departments of
acute  care  hospitals,  physician-owned  therapy clinics, other private therapy
clinics  and  chiropractors.

     Of these sources, we believe acute care hospital outpatient therapy clinics
and  private  therapy  clinic organizations are our primary competitors. We will
face more intense competition as consolidation of the therapy industry continues
through  the  acquisition  of  physician-owned and other privately-owned therapy
practices.

     Our  strategy  of integrating prevention, wellness and medical spa services
to  our  clinics  will  provide  us  with  a  competitive  advantage  over  our
competition.  We  believe  outpatient physical therapy practices are the perfect
setting  to  integrate  these  new  services  and  we  are  already  seeing  the
professional  organizations  in  rehabilitation  embracing  this  challenge  and
opportunity.

GOVERNMENTAL REGULATIONS

     There  are  number  of  federal,  state  and  local regulations that govern
healthcare  services.  Some  states into which we may expand have laws requiring
facilities  employing health professionals and providing health-related services
to  be  licensed  and,  in some cases, to obtain a certificate of need (that is,
demonstrating  to  a  state  regulatory  authority  the  need  for and financial
feasibility  of  new facilities or the commencement of new healthcare services).
Based  on  our  operating  experience  to  date, we believe that our business as
presently  conducted  does  not  require  certificates of need or other facility
approvals  or  licenses.  Our  therapists, however, are required to be licensed.
Failure  to  obtain or maintain any required certificates, approvals or licenses
could  have  a  material adverse effect on our business, financial condition and
results  of  operations.

Regulations Controlling Fraud and Abuse. Various federal and state laws regulate
the relationships between providers of healthcare services and physicians. These
laws  include  Section 1128B(b) of the Social Security Act (the "Fraud and Abuse
Law"),  under  which  civil  and  criminal  penalties  can  be


                                        2
<PAGE>
imposed  upon persons who pay or receive remuneration in return for referrals of
patients  who  are  eligible  for  reimbursement  under the Medicare or Medicaid
programs.  We  believe that our billing procedures and business arrangements are
in compliance with these provisions. However, the provisions are broadly written
and  the  full  extent of their application is not currently known. In 1991, the
Office  of  the  Inspector  General  ("OIG")  of the United States Department of
Health  and  Human  Services  issued  regulations  describing  compensation
arrangements  that fall within a "Safe Harbor" and, therefore, are not viewed as
illegal  remuneration  under  the  Fraud and Abuse Law. Failure to fall within a
Safe  Harbor  does  not  6  mean that the Fraud and Abuse Law has been violated;
however,  the  OIG  has  indicated that failure to fall within a Safe Harbor may
subject  an  arrangement  to  increased  scrutiny.  Our  business  of  managing
physician-owned  physical therapy facilities is regulated by the Fraud and Abuse
Law  and  falls  outside  the scope of the Safe Harbors. Nonetheless, we believe
that these arrangements comply with the Fraud and Abuse Law, even though federal
courts  provide little guidance as to the application of the Fraud and Abuse Law
to these arrangements. If our management contracts are held to violate the Fraud
and  Abuse  Law,  it  could  have  a  material  adverse  effect on our business,
financial  condition and results of operations. In February 2000, the OIG issued
a  special  fraud  alert  regarding  the rental of space in physician offices by
persons  or entities to which the physicians refer patients. The Fraud and Abuse
Law  prohibits knowingly and willfully soliciting, receiving, offering or paying
anything  of value to induce referrals of items or services payable by a federal
healthcare  program.  The  OIG  is  concerned that in these arrangements, rental
payments  may  be  disguised  kickbacks  to  the  physician-landlords  to induce
referrals.

Stark  II.  Provisions  of  the  Omnibus  Budget Reconciliation Act of 1993 (the
"Stark Law") prohibits referrals by a physician for "designated health services"
to  an entity in which the physician or family member has an investment interest
or  other  financial relationship, with several exceptions. The Stark Law covers
management  contracts  with  physician  groups  and  any  financial relationship
between  Bluestar  and referring physicians, including any financial transaction
resulting  from  a  clinic  acquisition.  This  law  also  prohibits billing for
services  rendered  from  a prohibited referral Several states have enacted laws
similar  to  the  Stark  Law,  but these state laws cover all patients (not just
Medicare and Medicaid). Many federal healthcare reform proposals in the past few
years  have  expanded  the  Stark Law to cover all patients as well. As with the
Fraud  and  Abuse  Law,  we  consider  the  Stark  Law  in planning our clinics,
marketing  and  other  activities,  and  believe  that  our  operations  are  in
compliance  with  applicable  law.  If  we fail to comply with the Stark Law our
financial  results  and  operations  would  be adversely affected. Penalties for
violation include denial of payment for the services, significant civil monetary
penalties,  and  exclusion  from  the  Medicare  and  Medicaid  programs.

HIPAA.  In  an  effort  to  further  combat  healthcare fraud, Congress included
several  anti-fraud  measures  in  the  Health  Insurance  Portability  and
Accountability  Act  of  1996  ("HIPAA").  HIPAA created a source of funding for
fraud  control to coordinate federal, state and local healthcare law enforcement
programs,  conduct  investigations,  provide guidance to the healthcare industry
concerning  fraudulent  healthcare practices, and establish a national data bank
to  receive  and  report final adverse actions. Additionally, HIPAA mandates the
adoption  of  standards  regarding  the  exchange  of  electronic  healthcare
information  in  an  effort  to  ensure  the  privacy  and  security  of patient
information  and  standards  relating  to  the privacy of health information and
security of electronic health information. Compliance with the standards for the
exchange  of  electronic  healthcare information were required as of October 16,
2003.  Compliance  with  the  standards  relating to privacy of protected health
information  were  required  as  of April 14, 2003. Finally, we must comply with
HIPAA  standards  for the security of electronic health information by April 21,
2005.  Sanctions for failing to comply with HIPAA include criminal penalties and
civil sanctions. We cannot predict what effect, if any, the expanded enforcement
authorities  will  have  on  our business. We believe that our operations comply
with  HIPAA  requirements.

Other  Regulatory  Factors. As political, economic and regulatory influences are
fundamentally  changing  the healthcare industry in the United States, Congress,
state  legislatures  and  the  private sector will continue to review and assess
alternative  healthcare  delivery  and  payment  systems.  Potential alternative
approaches  include  mandated  basic healthcare benefits, controls on healthcare
spending  through


                                        3
<PAGE>
limitations  on the growth of private health insurance premiums and Medicare and
Medicaid  spending, the creation of large insurance purchasing groups, and price
controls.  Legislative  debate  is expected to continue in the future and market
forces  are  expected to demand reduced costs. We cannot predict what impact the
adoption  of  any  federal or state healthcare reform measures or future private
sector  reform  may  have  on  our  business.

EMPLOYEES AND INDEPENDENT CONTRACTORS

     As  of  September  30,  2003,  we  had 1 full-time employee, which was in a
management  position,  and  approximately  6  part-time consultants. None of our
employees  are  represented by a union and we consider our employee relations to
be  good.


ITEM 2.   PROPERTIES

     Taurus  maintains  its  executive offices at 19901 Southwest Freeway, Suite
209, Sugar Land, Texas 77479. The Company leases approximately 1,000 square feet
of  space  at  a monthly rental expense of $2,500. The lease expired on November
30, 2003 and the Company currently maintains a month-to-month lease.


ITEM 3.   LEGAL PROCEEDINGS

     In  November  2003,  a  lawsuit  was  filed  by  R.  Dean Ayers against the
Company's  subsidiary,  Bluestar  Physical  Therapy,  Inc.  alleging  breach  of
contract  in  the  amount  of $16,773.66. The Company filed a general denial and
intends  to  contest  this  litigation.


ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITYHOLDERS

     During  the  fourth  quarter  of  fiscal  year  2003, there were no matters
submitted  to a vote of the Security Holders, through solicitation of proxies or
otherwise.


                                    PART II

ITEM 5.   MARKET FOR REGISTRANT'S COMMON EQUITY AND
          RELATED STOCKHOLDER MATTERS

     Our  common  stock  is  traded on the OTCBB under the symbol "TAUR.OB". The
following  table  sets forth, for the periods indicated the high and low closing
bid  prices  of  our common stock taking into account and restated for all stock
splits.  The  bid prices are believed to reflect inter-dealer quotations, do not
include  retail markups, markdowns or commissions and do not necessarily reflect
actual  transactions.

COMMON STOCK PRICE RANGE
------------------------

Our fiscal year ends September 30.


                                        4
<PAGE>
<TABLE>
<CAPTION>
                           HIGH BID   LOW BID
                           --------   -------
<S>                        <C>        <C>
          Fiscal 2003
          -----------

          First Quarter    $    0.17  $   0.01
          Second Quarter   $    0.06  $   0.01
          Third Quarter    $    0.75  $   0.06
          Fourth Quarter   $    0.70  $   0.30

          Fiscal 2002
          -----------

          First Quarter    $    1.25  $   0.25
          Second Quarter   $    0.50  $   0.20
          Third Quarter    $    0.35  $   0.12
          Fourth Quarter   $    0.17  $   0.06
</TABLE>

     On  January 12, 2004, there were approximately 1,385 stockholders of record
of  the  common  stock.  On January 12, 2004, the last trade price on our common
stock  was  $1.15  per  share.

TRANSFER AGENT AND REGISTRAR

     The  transfer  agent  and  registrar  for our common stock is Computershare
Investor  Services,  Golden,  Colorado.

DIVIDEND POLICY

     We  have not paid, and do not currently intend to pay cash dividends on our
common  stock  in  the  foreseeable  future. Our current policy is to retain all
earnings,  if any, to provide funds for operation and expansion of our business.
The  declaration  of dividends, if any, will be subject to the discretion of the
Board  of  Directors,  which  may  consider  such  factors  as  our  results  of
operations,  financial  condition, capital needs and acquisition strategy, among
others.

EQUITY COMPENSATION PLAN INFORMATION

     While  we  have  been  successful  in  attracting  and  retaining qualified
personnel,  we  believe  that  our  future  success  will  depend in part on our
continued ability to attract and retain highly qualified personnel. We pay wages
and  salaries  that  we  believe  are  competitive.  We also believe that equity
ownership  is  an  important factor in our ability to attract and retain skilled
personnel. In August 2003, the Company adopted its 2003 a Stock and Stock Option
Plan  (the  "Plan")  for  employees,  officers,  directors and consultants which
authorizes  the  issuance  of 650,000 shares of common stock. The purpose of the
Plan  is  to  further  our  interests,  our subsidiaries and our stockholders by
providing  incentives  in  the form of stock and stock options to key employees,
officers, directors and consultants who contribute materially to our success and
profitability.  The  grants  recognize  and  reward  outstanding  individual
performances and contributions and will give such persons a proprietary interest
in  the Company, thus enhancing their personal interest in our continued success
and  progress.  The  Plan also assists us and our subsidiaries in attracting and
retaining  key employees and directors. The Plan is administered by the Board of
Directors.  The  Board  of  Directors  has  the  exclusive  power  to select the
participants  in the Plan, to establish the terms of the options granted to each
participant,  and  to  make  all determinations necessary or advisable under the
Plan.  The  exercise price of an option granted is determined by the fair market
value  of  the  stock  on  the  date  of  grant.


                                        5
<PAGE>
     As  of September 30, 2003, 500,000 shares of common stock have been granted
pursuant  to  the  Plan.

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------
                                                                      NUMBER OF SECURITIES
                                                                       REMAINING AVAILABLE
                                                                       FOR FUTURE ISSUANCE
                       NUMBER OF SECURITIES                                UNDER EQUITY
                         TO BE ISSUED UPON       WEIGHTED-AVERAGE       COMPENSATION PLANS
                            EXERCISE OF         EXERCISE PRICE OF     (EXCLUDING SECURITIES
                       OUTSTANDING OPTIONS,    OUTSTANDING OPTIONS,    REFLECTED IN COLUMN
                        WARRANTS AND RIGHTS    WARRANTS AND RIGHTS             (a))

PLAN CATEGORY                   (a)                    (b)                     (c)
---------------------------------------------------------------------------------------------
<S>                    <C>                    <C>                     <C>
Equity compensation
plans approved by
security holders                         -0-                     -0-                     -0-
---------------------------------------------------------------------------------------------
Equity compensation
plans not approved by
security holders                     650,000  $                 0.45                 150,000
---------------------------------------------------------------------------------------------
        TOTAL                        650,000  $                 0.45                 150,000
---------------------------------------------------------------------------------------------
</TABLE>

RECENT  SALES  OF  UNREGISTERED  SECURITIES (PAST 3 YEARS); USE OF PROCEEDS FROM
REGISTERED  SECURITIES

     The  Company  issued  9,650,000 shares of common stock to Alfred Oglesby as
part  of  the  Stock  Exchange Agreement with Bluestar Physical Therapy, Inc. as
reported  on  Form  8-K  filed  on  June  16,  2003.


ITEM 6.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

     The  following  discussion  should  be read in conjunction with our audited
consolidated  financial  statements  and  related notes thereto included in this
annual  report.


     FORWARD LOOKING STATEMENT AND INFORMATION

     We  are including the following cautionary statement in this Form 10-KSB to
make  applicable  and take advantage of the safe harbor provision of the Private
Securities Litigation Reform Act of 1995 for any forward-looking statements made
by  us,  or  on  behalf  of  us.  Forward-looking  statements include statements
concerning  plans,  objectives,  goals, strategies, future events or performance
and underlying assumptions and other statements, which are other than statements
of historical facts.  Certain statements in this Form 10-KSB are forward-looking
statements.  Words  such as "expects", "anticipates" and "estimates" and similar
expressions  are  intended  to  identify  forward-looking  statements.  Such
statements  are  subject  to  risks  and  uncertainties  that could cause actual
results  to differ materially from those projected. Such risks and uncertainties
are set forth below.  Our expectations, beliefs and projections are expressed in
good  faith  and  are  believed  to  have  a reasonable basis, including without
limitation,  management's  examination  of  historical  operating  trends,  data
contained  in  our  records  and  other  data


                                        6
<PAGE>
available  from  third  parties, but there can be no assurance that management's
expectation,  beliefs  or  projections  will  result,  be  achieved,  or  be
accomplished.  In  addition  to  other  factors  and matters discussed elsewhere
herein,  the  following  are  important  factors  that, in our view, could cause
material  adverse  affects  on  the  our  financial  condition  and  results  of
operations:  the  impact  and  implementation  of the sexually oriented business
ordinance  in  the  City  of  Houston,  competitive  factors,  the timing of the
openings  of  other clubs, the integration of our operations and management with
our parent, Taurus Entertainment Companies, Inc., the availability of acceptable
financing  to  fund  corporate  expansion  efforts, competitive factors, and the
dependence  on  key  personnel.  We have no obligation to update or revise these
forward-looking  statements  to  reflect  the  occurrence  of  future  events or
circumstances.

GENERAL

We  are  a  development  stage company with a limited operating history. In June
2003,  we  merged  with  Bluestar  Physical Therapy which was accounted for as a
recapitalization  of  Bluestar.  Bluestar  is  a development stage company which
intends  to  acquire,  develop, and operate licensed outpatient physical therapy
clinics  nationwide.  The clinics will provide post-operative care and treatment
for  a  variety of orthopedic related disorders and sports-related injuries only
on  an  outpatient  basis.  Bluestar's growth strategy is to acquire and develop
outpatient  physical  therapy clinics initially in Texas and the South and later
to  expand  on  a  national  basis.

We  have  a  limited  operating  history  on  which to base an evaluation of our
business  and prospects. Our prospects must be considered in light of the risks,
expenses  and  difficulties  frequently  encountered by companies in their early
stages  of  development,  particularly  companies  in  new  and rapidly evolving
markets  such as outpatient physical therapy. We will encounter various risks in
implementing  and  executing  our business strategy. We can provide no assurance
that  we  will  be successful in addressing such risks, and the failure to do so
could  have  a  material  adverse  effect  on  our  business.

From inception through September 30, 2003, we have utilized funds contributed by
our  majority  stockholder.  We have not recorded any revenues and have incurred
net  losses  from  operations  totaling  approximately  $583,802  from inception
through September 30, 2003, which included a one time charge of $250,000 related
to  transaction  costs  incurred  in  connection  with  the  merger.

It  is critical as discussed hereunder that we obtain additional working capital
so  that  we  can continue to meet current cash obligations while we continue to
improve  cash  flow  from  operations.  The  financial  statement  footnotes and
auditor's  opinion  reflect  that  we have a significant accumulated deficit and
working  capital  deficiency at September 30, 2003 and we are unable to meet our
obligations  as  they  come  due; all of which raise substantial doubt about our
ability  to continue as a going concern. Should no additional capital be raised,
it  is  possible we may not have the necessary resources to continue as a viable
company.  If  we are able to obtain additional debt or equity financing, we will
be  able  to  generate  the  necessary funds to operate at a minimum requirement
level,  thus  enabling us to focus on raising additional capital, either through
private or public equity financing or debt financing, to fund the acquisition of
additional  clinics.  We  are currently seeking short-term and long-term debt or
equity financing sufficient to fund working capital and acquisitions of physical
therapy clinics. However, we can provide no assurance that we will be successful
in raising funds, that the amount and terms of any financing will be acceptable.


                                        7
<PAGE>
RESULTS OF OPERATIONS

The  Company's  loss  for  the  period from inception through September 30, 2003
totaled  $583,802.  The  Company was incorporated in March 2003, however, we did
not  incur  any  general and administrative expenses until May 2003. General and
administrative  expenses  consist  of  legal,  accounting  and  consulting.

LIQUIDITY AND CAPITAL RESOURCES

At  September  30,  2003,  we had a working capital deficit of $194,629 with net
cash used in operating activities in the period from inception through September
30,  2003  totaling  $194,931.

We  are  currently  seeking additional capital so we may increase our operations
and  execute  our  business  plan  as  intended.  Although  we  have  no current
commitments for capital, we may raise additional funds through  public offerings
of  equity,  securities  convertible  into  equity or debt, private offerings of
securities  or  debt,  or  other  sources.

Our  investors  should assume that any additional funding will cause substantial
dilution  to  current  stockholders.  In  addition,  we may not be able to raise
additional  funds  on  favorable  terms,  if  at  all.

RECENT  EVENTS

As  disclosed  in  the  Company's  November  14,  2003 Form 8-K, our subsidiary,
Bluestar, acquired HealthQuest, Inc., a Florida based health management services
and  consulting  company,  effective  October  31,  2003.  HealthQuest  is now a
wholly-owned subsidiary of Bluestar. Terms of the sale include 250,000 shares of
Taurus common stock and the assumption of liabilities of approximately $330,000.


ITEM 7.   FINANCIAL STATEMENTS

The information required by this Item 7 is included in this report beginning on
page F-1.


ITEM 8.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
          ACCOUNTING AND FINANCIAL DISCLOSURE

     Whitley  Penn, formerly Jackson & Rhodes, P.C. ("Whitley Penn") audited the
financial  statements of the Company for the two years ended September 30, 2002,
and  were  dismissed on July 7, 2003. The Company engaged Malone & Bailey, PLLC,
CPA  ("M&B")  as  its  new  independent  accountant  on  July  7,  2003.

     There  were  no  disagreements between the Company and Whitley Penn whether
resolved  or  not resolved, on any matter of accounting principles or practices,
financial  statement  disclosure  or  auditing scope or procedure, which, if not
resolved,  would have caused them to make reference to the subject matter of the
disagreement in connection with their report.  The Company has authorized M&B to
respond  fully  to  inquiries from Whitley Penn regarding the disclosure in this
Form  8-K.

     The  reports  of  Whitley Penn for the two most recent fiscal years did not
contain  any  adverse  opinion or disclaimer of opinion and was not qualified or
modified  as  to  uncertainty,  audit  scope  or  accounting principles.     The
decision  to  change  principal  accountants was recommended and approved by the
Chief  Executive  Officer  and  Board  of  Directors  and made at their request.

     During  the Company's two most recent fiscal years, and since then, Whitley
Penn  has  not  advised  the  Company  that  any  of  the following exist or are
applicable:


                                        8
<PAGE>
     (1)  That  the  internal  controls  necessary  for  the  Company to develop
     reliable  financial  statements  do not exist, that information has come to
     their  attention  that  has  lead  them  to  no  longer  be able to rely on
     management's  representations,  or  that  has  made  them  unwilling  to be
     associated  with  the  financial  statements  prepared  by  management;

     (2)  That the Company needs to expand significantly the scope of its audit,
     or  that  information  has  come  to  their  attention  that  if  further
     investigated  may  materially  impact  the  fairness  or  reliability  of a
     previously  issued  audit report or the underlying financial statements, or
     the  financial statements issued or to be issued covering the fiscal period
     subsequent  to  the  date  of  the most recent audited financial statements
     (including  information  that might preclude the issuance of an unqualified
     audit  report),  or  any  other financial presentation, or cause them to be
     unwilling to rely on management's representations or be associated with the
     Company's  financial  statements  for  the  foregoing  reasons or any other
     reason;  or

     (3)  That  they have advised the Company that information has come to their
     attention  that  they  have  concluded  materially  impacts the fairness or
     reliability  of  either  a previously issued audit report or the underlying
     financial  statements  for  the  foregoing  reasons  or  any  other reason.

     Prior  to the engagement of M&B as independent accountants, the Company had
not  consulted  M&B  regarding  the  application  of  accounting principles to a
specified  transaction,  either  completed  or  proposed;  or  the type of audit
opinion  that  might  be  rendered  on the Company's financial statements or any
other  financial  presentation  whatsoever.

     The  Company  has  provided the disclosure in this Item 8 on Form 8-K dated
July  9,  2003.  Whitley  Penn provided a letter addressed to the Securities and
Exchange  Commission  pursuant  to Regulation S-K Item 304 as to whether Whitley
Penn  agrees with the disclosure in Form 8-K.

ITEM 8A.  CONTROLS AND PROCEDURES

     Alfred S. Oglesby, our Chief Executive Officer and Chief Financial Officer,
has  concluded  that  our disclosure controls and procedures are appropriate and
effective.  He  has evaluated these controls and procedures as of the end of the
period covered by this report on Form 10-KSB.  There were no significant changes
in  our  internal  controls  or in other factors that could significantly affect
these  controls  subsequent  to  the  date  of  their  evaluation, including any
corrective  actions  with  regard  to  significant  deficiencies  and  material
weaknesses.


                                    PART III

ITEM 9.   DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
          PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE
          ACT

DIRECTORS AND EXECUTIVE OFFICERS

     Our Directors hold office until our next annual meeting of the stockholders
or  until  their  successors  are  elected  and  qualified. Officers are elected
annually  and  serve  at  the discretion of the Board of Directors.  There is no
family  relationship  between  or  among  any  of  our  directors  and executive
officers.  Our Board of Directors consists of one person, Alfred S. Oglesby, who
is  also  our  Chairman,  Chief  Executive  Officer and Chief Financial Officer.
Upon  the  Company's  acquisition  of  HealthQuest  as  reported  in Form 8-K on
November 14, 2003, Dr. Peter Lord was appointed President of Bluestar.


                                        9
<PAGE>
     The  following  table  sets  forth  the  names and positions of each of the
executive  officers  and  directors  of  the  Company.

     Name                                        Position                Age
     -----------------------------------------------------------------------

     Alfred Oglesby                 Director, Chief Executive Officer,    36
                                    and Chief Financial Officer

     Dr. Peter Lord                 President (1)                         68

______________________
     (1)  Dr.  Lord  is  the  President of our wholly-owned subsidiary, Bluestar
          Physical  Therapy,  Inc.


     Alfred  Oglesby formed Bluestar Physical Therapy, Inc. in March 2003.  From
2000  through  2002,  Mr.  Oglesby  was an investor  in several private physical
therapy clinics in the Southwest.  From 1998 through 2000, Mr. Oglesby served as
a  Director and a Registered Investment Advisor at Oglesby & Londergan, based in
Houston,  Texas.  From  1996  through  1998,  Mr. Oglesby served as a Registered
Investment  Advisor  at  Waddell  &  Reed  Financial Services, based in Houston,
Texas.  Prior  to  1996,  Mr. Oglesby played professional football for the Miami
Dolphins  and the New York Jets of the National Football League ("NFL") where he
became  acquainted  with the benefits of physical therapy.  Mr. Oglesby attended
the  University  of Houston and is a member of the University of Houston's Board
of  Directors.  Mr.  Oglesby  is  also a member of the Board of Directors of the
Urban  League.

Significant Employee

     Peter J. Lord, PhD, PT, holds a doctoral degree in business administration,
as  well  as  a degree in physical therapy.  He was in private practice for more
than 25 years, specializing in orthopedics and sports medicine. Dr. Lord was the
recipient  of  the  Robert  Dicus  Outstanding  Service Award, the highest award
bestowed  on  physical  therapists  in private practice by the American Physical
Therapy  Association.  In  1987,  he  merged  his  practice  with HealthFocus, a
national  physical  therapy service company, and began serving on their board of
directors.  HealthFocus  operated in 25 states, and Dr. Lord served as the state
of  Florida Administrator, achieving the most growth of any state in the company
at  that  time.  After  HealthFocus  merged  with  Rehability, a public national
physical  therapy  services  company, Dr. Lord served as Director of Development
for  Rehability,  helping  the company expand by acquisitions. In 1994, Dr. Lord
left  Rehability  to  found  HealthQuest,  a company specializing in health care
mergers  and acquisitions. HealthQuest grew to represent sellers in more than 40
states.  In  2000,  HealthQuest  added  a  wellness services division, providing
health  screenings and wellness programs. In 2003, HealthQuest added medical spa
services  and  opened  HealthQuest  WellSpa,  a wellness center and spa in Ponte
Vedra  Beach,  Florida.

CERTAIN  SECURITIES  FILINGS

     With  respect to filings required pursuant to Section 16(a) of the Exchange
Act, the Company's sole Director, CEO and CFO, Alfred Oglesby, filed a Form 3 in
July  2003.

COMMITTEES

     The Company has no compensation, nominating or audit committees.


                                       10
<PAGE>
CODE  OF  ETHICS

     The  Company  has  adopted a code of ethics for its Principal Executive and
Senior  Financial  Officers  which  is  attached  hereto  as  Exhibit  14.


ITEM 10.     EXECUTIVE COMPENSATION

<TABLE>
<CAPTION>
SUMMARY COMPENSATION TABLE

                       Annual Compensation              Long Term Compensation
                                                      Awards                Payouts
                                          Other                 Securities             All
Name and                                  Annual    Restricted  Underlying            Other
Principal                                Compen-      Stock      Options/    LTIP    Compen-
Position    Year  Salary        Bonus     sation      Awards       SARs     Payouts  sation
<S>         <C>   <C>      <C>  <C>     <C>         <C>         <C>         <C>      <C>
Alfred
Oglesby     2003  $   -0-          -0-         -0-         -0-         -0-      -0-      -0-

Eric        2003  $   -0-  (2)     -0-         -0-         -0-         -0-      -0-      -0-
Langan      2002  $   -0-  (2)     -0-         -0-         -0-         -0-      -0-      -0-
(1)(3)      2001  $   -0-  (2)     -0-         -0-         -0-         -0-      -0-      -0-
<FN>
________________________
(1)  We  previously  provided Mr. Langan with certain personal benefits.  Since the value of
such  benefits  does  not  exceed  the  lesser of $50,000 or 10% of annual compensation, the
amounts  are  omitted.  Mr. Langan was also an employee of our former parent, Rick's Cabaret
International,  Inc.  which  previously  owned  93%  of  our  common  stock.

(2)  Our  former  parent,  Rick's  Cabaret  International,  Inc. paid Mr. Langan $260,000 as
compensation  in  fiscal 2003 and 2002, and $239,600 as compensation in fiscal 2001, none of
which  was  allocated  to  us.

(3)  Mr.  Langan  was  formerly our Chairman, a Director, Chief Executive Officer, President
and  Chief  Financial Officer.  Mr. Langan resigned as President, CEO and CFO at the time of
the  change  of  control  as reported in Form 8-K on June 16, 2003.  Subsequent thereto, Mr.
Langan  resigned  as  a  Director.
</TABLE>

<TABLE>
<CAPTION>
       OPTION/SAR GRANTS IN LAST FISCAL YEAR(Individual Grants)
       --------------------------------------------------------

       Number of    Percent of Total
       Securities     Options/SARs
       Underlying      Granted To
      Options/SARs    Employees In     Exercise of   Expiration
Name    Granted        Fiscal Year      Base Price      Date
           #                %            $/share
---------------------------------------------------------------
<S>   <C>           <C>                <C>           <C>
None
</TABLE>


                                       11
<PAGE>
<TABLE>
<CAPTION>
                            AGGREGATED OPTION/SAR EXERCISES IN
                        LAST FISCAL YEAR AND FY-END OPTION/SAR VALUES
                        ---------------------------------------------

                                                     Number Of Unexercised
                                                     Securities Underlying   Value of Unexercised
                                                     Options/SARs            In-The-Money Options/
                       Shares                        At FY-End               SARs At FY-End
                       Acquired On      Value        Exercisable/            Exercisable/
Name                   Exercise         Realized     Unexercisable           Unexercisable
#                         $                #               $
--------------------------------------------------------------------------------------------------
<S>                    <C>              <C>          <C>             <C>
None
</TABLE>


LONG-TERM INCENTIVE PLANS - AWARDS IN LAST FISCAL YEAR

None


DIRECTOR COMPENSATION

     We  do  not  currently  pay  any  cash  director's fees, but we may pay the
expenses, if any, of our directors in attending board meetings.


ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
          MANAGEMENT AND RELATED STOCKHOLDER MATTERS

     The  following  table  sets  forth certain information at January 12, 2004,
with  respect  to the beneficial ownership of shares of common stock by (i) each
person  known to us who owns beneficially more than 5% of the outstanding shares
of  Common  Stock,  (ii)  each  of  our  Directors,  (iii) each of our executive
officers and (iv) all of our executive officers and directors as a group.  As of
January 12, 2004, there were approximately 10,768,004 shares of our common stock
outstanding.

<TABLE>
<CAPTION>
Name and                        Number of    Title of     Percent
Address                          Shares       Class      of Class
------------------------------------------------------------------
<S>                             <C>        <C>           <C>

Alfred Oglesby
19901 Southwest Freeway
Suite 209
Sugarland, Texas 77479          9,650,000  Common Stock      89.6%

All directors and officers as
a group (one person)            9,650,000  Common Stock      89.6%
</TABLE>

     We are not aware of any arrangements that could result in a change of
control.

     The disclosure required by Item 201(d) of Regulation S-B is set forth in
ITEM 5 herein.


                                       12
<PAGE>
ITEM 12.   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     In  June  2003,  the  Company entered into an Asset Purchase Agreement with
Taurus  Entertainment  Companies,  Inc.,  a Texas corporation ("Rick's") whereby
Taurus  agreed  to  sell  to  Rick's  the  assets and liabilities of the Company
related  to all of the Company's businesses as they existed immediately prior to
the  execution  of  the Exchange Agreement, including all issued and outstanding
shares  of  common  stock  of  Taurus's subsidiaries (other than Bluestar) which
consisted  of:  (i)  Broadstreets  Cabaret,  Inc., a Texas corporation; (ii) XTC
Cabaret,  Inc.,  a  Texas  corporation;  and  (iii)  Citation Land, LLC, a Texas
limited  liability  company  (collectively,  the  "Other  Subsidiaries  and
Businesses")  in  exchange  for  3,752,008 shares of common stock of the Company
owned  by  Rick's and $20,000 in cash.  These 3,752,008 shares were cancelled by
the  Company.

     In addition, Rick's indemnified Taurus for all of the liabilities of Taurus
assumed  by  Rick's  pursuant  to the Asset Purchase Agreement (the "Indemnified
Liabilities").  The  Indemnified  Liabilities are any liabilities related to the
assets  acquired  by  Rick's  from  Taurus that existed or that may arise in the
future  under an Indemnification and Transaction Fee Agreement ("Indemnification
Agreement")  that  was  executed  on  June  12, 2003.  Under the Indemnification
Agreement, Taurus agreed to pay $270,000 to Rick's, payable $140,000 at closing,
with  $60,000 due on July 15, 2003, and $70,000 due on August 15, 2003.  We paid
the  $60,000  payment and have restructured the remaining balance originally due
August 15, 2003 to be payable on February 17, 2004, with interest due thereon at
the  rate  of  18%.  The  terms and conditions of the Exchange Agreement and the
Indemnification  Agreement  were  the  results  of  arm's  length  negotiations.
However,  no  appraisal  was  taken.

     Prior  to these transactions, Rick's owned 93% of the Company's outstanding
common  stock.  After  these  transactions,  Rick's owns approximately 2% of the
Company's  outstanding  common  stock.


ITEM 13.     EXHIBITS AND REPORTS ON FORM 8-K

(a)  Exhibit 14.  Code of Ethics.
     ----------

     Exhibit  31.1  and 31.2  Certification of Chief Executive Officer and Chief
     -----------------------
Financial  Officer  of  Taurus  Entertainment  Companies,  Inc. required by Rule
13a-14(1)  or  Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted
pursuant  to  Section  302  of  the  Sarbanes-Oxley  Act  of  2002.

     Exhibit  32.1  and 32.2  Certification of Chief Executive Officer and Chief
     -----------------------
Financial  Officer  of  Taurus Entertainment Companies, Inc. pursuant to Section
906  of  the  Sarbanes-Oxley  Act  of  2002  and  Section  1350 of 18 U.S.C. 63.


(b)  Reports on Form 8-K.

     (i)  The  Company  filed  Form  8-K  on  August  11, 2003 referring to Item
7-Financial  Statement  and  Exhibits  for  the  June  12,  2003  transaction.
     (ii) The Company filed Form 8-K on July 9, 2003 referring to Item 4-Changes
in  Registrant's  Certifying  Accountant.


                                       13
<PAGE>

                          INDEPENDENT AUDITORS' REPORT

To the Stockholder and Board of Directors
  Taurus Entertainment Companies, Inc. (A Development Stage Company)
  Houston, Texas

We have audited the accompanying balance sheet of Taurus Entertainment
Companies, Inc. (a Development Stage Company) as of September 30, 2003, and the
related statements of operations, stockholder's equity (deficit), and cash flows
for the period from March 18, 2003 (inception) through September 30, 2003.
These financial statements are the responsibility of Bluestar's management.  Our
responsibility is to express an opinion on these financial statements based on
our audit.

We conducted our audit in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation.  We believe that our audit provides a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Taurus Entertainment Companies,
Inc. as of September 30, 2003, and the results of its operations and its cash
flows for the period March 18, 2003 (inception) through September 30, 2003, in
conformity with accounting principles generally accepted in the United States of
America.

The accompanying financial statements have been prepared assuming that Taurus
will continue as a going concern. As discussed in note 2 to the financial
statements, Taurus has a significant accumulated deficit and significant working
capital deficiency at September 30, 2003 and is unable to meet its obligations
as they come due; all of which raise substantial doubt about Taurus' ability to
continue as a going concern. Management's plans in regard to these matters are
also described in note 2. The financial statements do not include any
adjustments relating to the recoverability and classification of recorded asset
amounts or to the amounts and classification of liabilities that might be
necessary should Taurus be unable to continue as a going concern.



Malone & Bailey, PLLC
Houston, Texas
www.malone-bailey.com

January 8, 2004


<PAGE>
<TABLE>
<CAPTION>
                      TAURUS ENTERTAINMENT COMPANIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                               September 30, 2003


                            ASSETS
<S>                                                       <C>

Current assets
  Cash                                                    $       -
                                                          ==========


             LIABILITIES AND STOCKHOLDER'S DEFICIT

Current liabilities:
  Bank overdraft                                          $   1,988
  Accounts payable                                           24,683
  Advance from stockholder                                   94,036
  Note payable                                               76,900
                                                          ----------
    Total current liabilities                               197,607
                                                          ----------

Contingencies

Stockholders' Deficit:
  Common stock, $.001 par value, 20,000,000 shares
    authorized, 10,708,004 shares issued and outstanding     10,708
  Additional paid in capital                                375,487
  Deficit accumulated during the development stage         (583,802)
                                                          ----------
    Total Stockholders' Equity                             (197,607)
                                                          ----------

Total liabilities and stockholders' deficit               $       -
                                                          ==========
<FN>



                 See accompanying summary of accounting policies
                       and notes to financial statements.
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                       TAURUS ENTERTAINMENT COMPANIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                              STATEMENT OF EXPENSES
        Period from March 18, 2003 (Inception) Through September 30, 2003



<S>                                                                 <C>
General and administrative                                          $   101,602
Non-cash stock for services                                             225,300
Transaction costs                                                       250,000
Interest expense                                                          6,900

                                                                    ------------
Net loss                                                            $  (583,802)
                                                                    ============

Net loss per share:
  Basic and diluted                                                 $     (0.06)
                                                                    ============

Weighted average shares outstanding:
  Basic and diluted                                                  10,002,910
                                                                    ============
<FN>



                 See accompanying summary of accounting policies
                       and notes to financial statements.
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                            TAURUS ENTERTAINMENT COMPANIES, INC.
                                 (A DEVELOPMENT STAGE COMPANY)
                              STATEMENT OF STOCKHOLDERS' DEFICIT
               Period from March 18, 2003 (Inception) through September 30, 2003

                                                                         Deficit
                                                                       accumulated
                                    Common stock                       during the
                                -------------------     Additional     development
                                  Shares    Amount    paid in capital     stage       Total
                                ----------  -------  -----------------  ----------  ----------
<S>                             <C>         <C>      <C>                <C>         <C>
Issuance of common stock
  to founder for cash            9,650,000  $ 9,650  $        151,245   $       -   $ 160,895
Issuance of stock in reverse
  merger                           558,004      558              (558)          -           -
Issuance of stock for services     500,000      500           224,800           -     225,300

Net loss                                 -        -                 -    (583,802)   (583,802)
                                ----------  -------  -----------------  ----------  ----------

Balance,
  September 30, 2003            10,708,004  $10,708  $        375,487   $(583,802)  $(197,607)
                                ==========  =======  =================  ==========  ==========
<FN>





                        See accompanying summary of accounting policies
                              and notes to financial statements.
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                      TAURUS ENTERTAINMENT COMPANIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF CASH FLOWS
        Period from March 18, 2003 (Inception) Through September 30, 2003


                                                                           Inception
                                                                            through
                                                                         September 30,
                                                                             2003
                                                                        ---------------
<S>                                                                     <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss                                                                $     (583,802)
Adjustments to reconcile net loss to cash used
  in activities:
Purchase price of Taurus financed by seller                                    130,000
Stock issued for services                                                      225,300
Changes in current assets and
  liabilities:
Bank overdraft                                                                   1,988
Accounts payable & accrued expenses                                             31,583
                                                                        ---------------

NET CASH USED IN OPERATING ACTIVITIES                                         (194,931)
                                                                        ---------------

CASH FLOWS FROM FINANCING ACTIVITIES:
Advances from stockholder                                                       94,036
Payments on note payable                                                       (60,000)
Issuance of common stock                                                       160,895
                                                                        ---------------
                                                                               194,931
NET INCREASE (DECREASE) IN CASH                                                      -
Cash, beg. of period                                                                 -
                                                                        ---------------
Cash, end of period                                                     $            -
                                                                        ===============

Supplemental information:
  Income taxes paid                                                     $            -
  Interest paid                                                         $            -
<FN>




                 See accompanying summary of accounting policies
                       and notes to financial statements.
</TABLE>


<PAGE>
                      TAURUS ENTERTAINMENT COMPANIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1 - SUMMARY OF ACCOUNTING POLICIES

Nature of business.  Taurus Entertainment Companies, Inc. ("Taurus") was formed
as a Colorado corporation in 1977. On June 12, 2003, Taurus issued 9,650,000
shares of common stock for 100% of the outstanding common stock Bluestar
Physical Therapy, Inc. ("Bluestar"). After the merger the stockholder of
Bluestar owned approximately 95% of the combined entity. For financial reporting
purposes this transaction was treated as an acquisition of Taurus and a
recapitalization of Bluestar. Bluestar's historical financial statements replace
Taurus' in the accompanying financial statements.

Bluestar was incorporated in Texas on March 18, 2003.  Bluestar is a development
stage company which intends to acquire, develop, and operate licensed outpatient
physical therapy clinics nationwide. The clinics will provide post-operative
care and treatment for a variety of orthopedic related disorders and
sports-related injuries only on an outpatient basis. Bluestar's growth strategy
is to acquire and develop outpatient physical therapy clinics initially in Texas
and the South and later to expand on a national basis.

Principles of consolidation

All significant inter-company accounts and transactions have been eliminated in
consolidation.

Use of Estimates

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities at the date of the balance sheet.  Actual results could differ from
those estimates.

Cash and Cash Equivalents

Cash and cash equivalents include cash and all highly liquid financial
instruments with purchased maturities of three months or less.

Income Taxes

Income taxes are computed using the asset and liability method.  Under the asset
and liability method, deferred income tax assets and liabilities are determined
based on the differences between the financial reporting and tax bases of assets
and liabilities and are measured using the currently enacted tax rates and laws.
A valuation allowance is provided for the amount of deferred tax assets that,
based on available evidence, are not expected to be realized.

Basic Loss Per Share

Basic loss per share has been calculated based on the weighted average number of
shares of common stock outstanding during the period.

Recent Accounting Pronouncements

Taurus does not expect the adoption of recently issued accounting pronouncements
to have a significant impact on the Taurus' results of operations, financial
position or cash flow.


<PAGE>
NOTE 2 - GOING CONCERN

The financial statements have been prepared assuming that Taurus will continue
as a going concern. Taurus has a significant accumulated deficit and working
capital deficiency at September 30, 2003 and is unable to meet its obligations
as they come due; all of which raise substantial doubt about Taurus' ability to
continue as a going concern. The financial statements do not include any
adjustments relating to the recoverability and classification of recorded asset
amounts or to the amounts and classification of liabilities that might be
necessary should Taurus be unable to continue as a going concern.

The continued support of Taurus' majority stockholder is required in order for
Taurus to continue as a going concern. Management's plans to support and grow
Taurus' operations include borrowing additional funds and attempting to raise
additional capital through the sale of common stock. Taurus' inability to obtain
additional capital or obtain such capital on favorable terms could have a
material adverse effect on its financial position, results of operations and its
ability to continue operations.


NOTE 3 - REVERSE ACQUISITION

On June 12, 2003, Taurus exchanged 9,650,000 shares of common stock for 100% of
the outstanding common stock of Bluestar Physical Therapy, Inc. ("Bluestar")

Ricks Cabaret International, Inc, the former parent company of Taurus, purchased
all of the assets and assumed all of the liabilities of Taurus that existed
immediately prior to the merger with Bluestar for $20,000.  Rick's indemnified
Taurus for all of the liabilities that existed or that may arise in the future
related to the assets transferred to Rick's.  Taurus agreed to pay $270,000 to
Rick's.  Taurus paid $140,000, net of the $20,000 due from Rick's at closing,
with $60,000 due on July 15, 2003 and $70,000 due August 15, 2003.   The
majority stockholder personally guaranteed the payment of the remaining
$130,000. (See note 5).


NOTE 4 - ADVANCES FROM STOCKHOLDER

The majority stockholder paid expenses on behalf of Taurus or advanced Taurus a
total of $94,036 since between June 2003 and September 2003. These advances are
non-interest bearing, due on demand, and are to be repaid as cash becomes
available.


NOTE 5 - NOTE PAYABLE

Taurus agreed to pay $130,000 to the former parent as discussed in note 3. The
note bears interest at 18% and was due August 15, 2003. Taurus was unable to
meet the August 15, 2003 due date and obtained an extension of the due date to
February 17. 2004. At September 30, 2003, the balance of the note was $76,900,
which includes accrued interest totaling $6,900.


NOTE 6 - INCOME TAXES

Taurus has not yet realized income as of the date of this report, and no
provision for income taxes has been made.  At September 30, 2003 a deferred tax
asset has not been recorded due to Taurus' lack of operations to provide income
to use the net operating loss carryover of approximately $122,000 that expires
in 2023.


<PAGE>
NOTE 7 - COMMON STOCK

In August 2003, Taurus adopted a Stock Option and Grant plan (the "Plan") for
employees, officers, directors and consultants which authorizes the issuance of
650,000 shares of common stock.  The Plan is administered by the Board of
Directors.  The Board of Directors has the exclusive power to select the
participants in the Plan, to establish the terms of the options granted to each
participant, and to make all determinations necessary or advisable.

In September 2003, Taurus issued 500,000 shares of common stock to consultants
valued at $225,300 based on the stock price on the date issued.


NOTE 8 - CONTINGENCIES

Taurus is involved in various claims and one lawsuit arising in the normal
course of business.  Taurus accrued approximately $16,000 related to the lawsuit
as of September 30, 2003. However, in management's opinion, the ultimate outcome
of these items will not have a material adverse effect on the results of
operations or financial position.


NOTE 9 - SUBSEQUENT EVENT

On November 5, 2003, Bluestar issued 250,000 shares of common stock and assumed
approximately $330,000 liabilities for 100% of the outstanding common stock of
HealthQuest, Inc. (HealthQuest), a Florida based health management services and
consulting company.

In January 2004, the Board of directors approved the issuance of 138,000 shares
of common stock for a reduction in the payable to the majority stockholder of
$69,000.

In October 2003, Taurus issued 60,000 shares of stock to consultants which will
be expensed based on the value stock on the date issued.



<PAGE>
                                   SIGNATURES

     In  accordance with the requirements of Section 13 or 15(d) of the Exchange
Act,  the  Registrant  has  caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, on January 14, 2004.

                         TAURUS ENTERTAINMENT COMPANIES, INC.

                         /s/ Alfred S. Oglesby
                         ---------------------
                         Alfred S. Oglesby
                         Director, Chairman of the Board,
                         Chief Executive Officer and
                         Chief Financial Officer


Pursuant  to  the  requirements of the Exchange Act, this report has been signed
below  by  the  following  persons in the capacities and on the dates indicated:

SIGNATURE                    TITLE                              DATE


/s/  Alfred  S.  Oglesby
     -------------------

Alfred S. Oglesby            Director, Chairman of the Board,   January 14, 2004
                             Chief Executive Officer, and
                             Chief Financial Officer


                                       14
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