<?xml version="1.0" encoding="Windows-1252"?><?xml-stylesheet type='text/xsl' href='http://www.ricks.com/styles/rss.xsl' version='1.0'?><!--RSS generated by Ricks Cabaret International at Sat, 04 Sep 2010 16:56:41 GMT--><rss version="2.0"><channel><title>Rick's Cabaret International [NASDAQ: Rick's] Press Releases</title><link>http://www.ricks.com/</link><description>Rick's Cabaret International, Inc. is a publicly traded company [NASDAQ: RICK] operating nightclubs (upscale gentlemen¹s clubs and an adult-themed club catering to couples) and Internet sites (Websites with adult themes and auction sites for adult products). The Company was founded in 1994 and has headquarters in Houston. Rick's Cabaret reported increased profitability in fiscal 2003 and has continued to grow in both revenue and net income in the first half of 2004 as the company diversifies into related nightclub and Internet operations.</description><copyright>Copyright 2001- 2010, Ricks Cabaret International</copyright><item><title>Rick's Cabaret Las Vegas Gears Up For Packed House As Tourists Return To Las Vegas Over Labor Day</title><link>http://www.ricks.com/pressreleases/263/pr.aspx</link><description><![CDATA[ <br />
        Leading Sin City Gentlemen's Club Will Follow the Weekend with a Three-Night Party to Celebrate Its 2nd Anniversary<br />
    </strong></p>
      <p><strong>LAS VEGAS</strong> - (September 3rd, 2010)  – <a href="http://www.rickslasvegas.com/">Rick's Cabaret Las Vegas</a>, the ultimate upscale gentlemen's club in the nation’s recreation capital, is gearing up to greet a customer surge as  the city reclaims its crown as &quot;most popular Labor Day destination.&quot; The club is a part of the <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> group of adult nightclubs.<br />
        <br />
        &quot;<a href="http://www.orbitz.com/" target="_blank">Orbitz.com</a> has announced that Las Vegas is the most frequently booked destination for this Labor Day weekend, based its air and hotel traffic count, and we'll be ready for the extra visitors,&quot; according to <strong>Andy Studebaker</strong>, general manager of the cabaret at 3355 Procyon Street, just off the Las Vegas Strip. &quot;We're also expecting big crowds on September 7th, 8th and 9th as we throw parties to celebrate our second anniversary.&quot;<br />
        <br />
        Rick's Cabaret Las Vegas has added to its roster of beautiful entertainers in anticipation of larger crowds. &quot;We'll have hundreds of the most beautiful women in the world in the club during Labor Day weekend September 3rd through the 6th, continuing right through Thursday for our anniversary parties,&quot; Studebaker said.<br />
        <br />
        &quot;We are rolling out our fleet of party buses, limos and Rick's Mobiles to provide free pickups from your hotel to bring you right to the club with free admission,&quot; he added. &quot;As a reward for making us the #1 club in Las Vegas, on Tuesday and Wednesday we'll serve $2 drinks and $150 bottle from 4pm-11pm with complimentary buffet, and door prizes; on Thursday it’s open bar 8pm-11pm, $150 bottles all night, complimentary buffet, and door prizes.&quot;<br />
        <br />
        Studebaker also said guests at the anniversary parties will be eligible to win door prizes, including an expense paid trip in October to New York City to help the Rick's Cabaret in mid-town Manhattan celebrate its fifth anniversary.<br />
        <br />
        Rick's Cabaret Las Vegas has achieved fame for its seemingly unlimited number of exotic entertainers award-winning aerialist performers, beautiful decor and party atmosphere. The main club room features hundreds of comfortable, rolling leather captain's chairs, a state of the art light and sound system. More than two dozen big screen television screens throughout the club let guests keep an eye on the night's sports action no matter what might distract them. <br />
        <br />
        Call 702-367-4000 to arrange for Rick's Cabaret complimentary transportation, or go online at <a href="http://www.rickslasvegas.com/">www.rickslasvegas.com</a> to book a reservation.<br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Fri, 03 Sep 2010 05:00:00 GMT</pubDate></item><item><title>Tootsie's Cabaret To Launch Knockers Sports Bar &amp; Grill With Grand Opening Party September 2nd</title><link>http://www.ricks.com/pressreleases/262/pr.aspx</link><description><![CDATA[<p><strong>MIAMI</strong> - (August 30, 2010)  – <a href="http://www.tootsiescabaret.com/" target="_blank">Tootsie's Cabaret</a> will open <strong>Knockers</strong>, a new sports bar and grill within the 74,000 square foot mega gentlemen's club at 150 NW 183rd St. in Miami Gardens, on September 2nd. Tootsie's Cabaret is one of the <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> family of fine gentlemen's clubs nationwide.<br />
        <br />
        Knockers will launches with a grand opening party September 2nd from 8 pm to 11 pm. It will be dedicated to &quot;great food, beautiful ladies and everything Heat, Hurricanes and Dolphins, with the opportunity to see just about every NFL and college game plus other major sports events,&quot; according to Mike Gasperec, General Manager of Tootsie's.<br />
        <br />
        &quot;We had more than 300 applications for the Knockers team and have narrowed the field down to a starting nine of the most spectacular girls in South Florida who will staff the sports bar,&quot; Gasperec said.<br />
        <br />
        Knockers is a sports bar inside Tootsie's Cabaret  and will be open seven days a week, showing all major local and national sports events. It features six huge plasma screens to watch multiple events simultaneously, along with six pool tables, non-stop dart competitions and numerous video games. <br />
        <br />
        &quot;We also will have continuing discounts on draft beers and a special tailgate menu with great food all the time. Tootsie's has always been a second home to many of the pro athletes and we expect Knockers will be just one more incentive for them to stop by to relax and kick back,&quot; Gasperec noted.<br />
        <br />
      For more information check out <a href="http://www.facebook.com/tootsies.cabaret" target="_blank">facebook.com/tootsiescabaret</a> or <a href="http://twitter.com/tootsiescabaret" target="_blank">twitter.com/tootsiescabaret</a> or get text messages by texting &quot;Join Tootsies&quot; to 78747.<br />
      <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Mon, 30 Aug 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret NYC Chosen As "Best Gentlemen's Club In Northeast"</title><link>http://www.ricks.com/pressreleases/261/pr.aspx</link><description><![CDATA[<p><strong>LAS VEGAS</strong> - (August 27, 2010)  – <a href="http://www.ricks.com/club/default.aspx?id=10001">Rick's Cabaret New York City</a> was chosen as the #1 gentlemen's club in the Northeast this week at the <a href="http://www.edpublications.net/index.php?option=com_content&amp;view=article&amp;id=301&amp;Itemid=134">Gentlemen's Club Expo</a>.  The night club at 50 West 33rd Street is part of the <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> group of upscale clubs.</p>
      <p>Club general manager <strong>Ken Sistrunk</strong> accepted the award at the 2010<strong> ED Awards Show</strong> on Tuesday, August 24th in the Grand Ballroom at <strong>The Mirage Hotel &amp; Casino</strong> in Las Vegas. The ED's Awards nominees are determined by a ballot of previous ED Awards winners and nominees, as well as by select industry professionals. </p>
      <p>In addition to the award for Best Club in the Northeast, <strong>Stefan Ghica</strong>, a popular bartender at Rick’s Cabaret New York City, was chosen as Employee of the Year. Stefan works the main bar on the cabaret floor of the club and is a favorite of both customers and waitresses for his warm personality and unflappable attention to service even at the busiest times. </p>
      <p>With three floors of non-stop entertainment and a roof top cigar lounge that has spectacular views of the Empire State Building, the club features 75 entertainers seven nights a week and is a trendy lunch spot for business executives who enjoy its $10 three-course gourmet weekday lunch special prepared at the highly rated Rick's Cabaret Steak House. Conveniently located near <strong>MadisonSquare Garden</strong> and <strong>Penn Station</strong> the club is preparing to celebrate its fifth anniversary with a gala party on October 14th.<br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Fri, 27 Aug 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Reports Third Quarter Revenue Of $19.93 Million</title><link>http://www.ricks.com/pressreleases/260/pr.aspx</link><description><![CDATA[
      <p><strong>HOUSTON</strong> - (August 16, 2010)  – <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong>, the nation's leading group of upscale gentlemen's clubs, had revenues of $19.93 million in its third quarter ending June 30, 2010. After one-time non-cash write-offs the company had net income of $856,701 and earnings per share of nine cents for the quarter.<br />
        <br />
        The 2010 results compared with revenues for the same quarter in 2009 of $21.03 million, net income of $1.78 million and earnings per share of nineteen cents.<br />
        <br />
        <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret, said: &quot;Several factors contributed to the net income result, including a one-time $275,000 write off taken in connection with an early loan redemption; a loss on change in fair value of derivative instruments of approximately $400,000; high legal expenses in connection with a New York City law suit; and an increase in income taxes, which rose to 41.5 percent from 35.2 percent of pretax income, because of the change in the fair value of derivative instruments that is not deductible for tax purposes.&quot;<br />
        <br />
        He added: &quot;I think it is important to focus on the fact that we generated cash from operations of $12.2 million in the first nine months of this fiscal year. Even after three acquisitions in the past twelve months we have about $18.4 million in cash available to continue our expansion program or for other uses.&quot;<br />
        <br />
        Despite a $2.5 million drop in revenues at the Rick's Cabaret in Las Vegas, that club cut its before tax loss to about $200,000 for the quarter compared to a loss of approximately $300,000 in the 2009 quarter, due to lower marketing costs. The Las Vegas sales decline was the largest factor in an overall 13.5 percent decline in same store sales for the quarter. Overall sales benefited from contributions by new clubs in Fort Worth and Austin.<br />
        <br />
        Mr. Langan will discuss the results in a conference call today at 4:30 p.m. EDT that is being webcast by Vcall and can be accessed at the Rick's Cabaret website, www.ricks.com or www.InvestorCalendar.com. The toll free participant dial-in number is 877-407-8033 <br />
        (International 201-689-8033). The toll free replay numbers are: domestic 877-660-6853, international 201-612-7415. Replay passcodes required for playback are: Account #: 286 and Conference ID #: 354976.<br />
        <br />
        The company’s Form 10-Q as filed with the SEC is now available on the Rick’s Cabaret investor website at www.ricksinvestor.com and the company's main website, www.ricks.com. <br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
    <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Mon, 16 Aug 2010 05:00:00 GMT</pubDate></item><item><title>CORRECTION: Rick's Cabaret International, Inc. Reports July Nightclub Sales Of $6.73 Million</title><link>http://www.ricks.com/pressreleases/259/pr.aspx</link><description><![CDATA[<p><strong>HOUSTON</strong> - (August 16, 2010)  – <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong>, the nation's leading chain of upscale gentlemen's clubs, had revenues of $6.73 million at its nightclubs in July, a 3.78 percent increase over July in 2009. The company is issuing a corrected version of its July sales report today after it was discovered that some same store sales numbers were inadvertently transposed in the original press release. The corrected figures show a decline in same club revenues of 7.95 percent, rather than the flat figure as originally reported.<br />
        <br />
        <span class="style1"><u>Same club-same month revenues</u></span> were $5.92 million <span class="style1"><u>compared with</u></span> $6.43 million in <span class="style1"><u>2009</u></span>.<br />
        <br />
        <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret, noted: &quot;Sales were soft in the first three weeks of July but recovered in most clubs in the final 10 days of the month. We continue to see weakness in the Las Vegas market but are encouraged by reports of an uptick in reservations for major conventions scheduled for late August and September. Our new clubs in Fort Worth and Austin are beginning to contribute as anticipated.&quot; <br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
    <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Mon, 16 Aug 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret Will Hold Third Quarter Conference Call Monday August 16th, Followed By A "Due Diligence Ball" At Its New York City Nightclub</title><link>http://www.ricks.com/pressreleases/257/pr.aspx</link><description><![CDATA[<p><strong>NEW YORK CITY</strong> - (July 26, 2010) –<strong> </strong>HOUSTON – (August 10, 2010) – <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong>, the nation's premier group of gentlemen's clubs, will release its third quarter 2010 results on Monday, August 16th, followed by a <strong>conference call/webcast</strong>  at 4:30 pm (ET) hosted by CEO <strong>Eric Langan</strong>. After the call the company will hold a &quot;<strong>Due Diligence Ball</strong>&quot; for financial industry professionals and investors at the company's New York City nightclub.<br />
        <br />
        The conference call will allow securities analysts and shareholders the opportunity to hear management discuss results for the company's third quarter ended June 30, 2010. The call is being webcast by <a href="http://www.vcall.com/" target="_blank"><strong>Vcall</strong></a> and can be accessed at the Rick's Cabaret website, <a href="http://www.ricks.com/"><strong>www.ricks.com</strong></a> or <a href="http://www.investorcalendar.com/" target="_blank"><strong>www.InvestorCalendar.com</strong></a>. The toll free participant dial-in number is 877-407-8033 <br />
        (International 201-689-8033). The toll free replay numbers are: domestic 877-660-6853, international 201-612-7415. Replay passcodes required for playback are: Account #: 286 and Conference ID #: 354976.<br />
        <br />
        The popular Due Diligence Ball gives investors an opportunity to see the company's operations first hand and talk personally with Mr. Langan and other executives. It is held at the company's New York City nightclub at 50 West 33rd Street between Fifth Avenue and Broadway, across from the <strong>Empire State Building</strong>. Admission is free to the DDB, which features passed hors d’oeuvres and drinks at discount prices from 6 p.m. to 8 p.m. To RSVP email <a href="mailto:ir@ricks.com">ir@ricks.com</a>. <br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
    <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Tue, 10 Aug 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret In New York City And Tootsie's Cabaret In Miami Chosen As Only Gentlemen's Clubs To Offer Coveted Louis Xiii Rare Cask Cognac</title><link>http://www.ricks.com/pressreleases/256/pr.aspx</link><description><![CDATA[<p>Exceptional Spirit Will Be Welcomed at Party on Wednesday July 28 When It Is Delivered by Armored Truck</p>
      <p><strong>NEW YORK CITY</strong> - (July 26, 2010) – Connoisseurs of fine cognac can now enjoy a snifter of one of the finest in the world – <strong>Louis XIII Rare Cask de Rémy Martin</strong> – when they visit <strong><a href="http://www.ricks.com/club/default.aspx?id=10001">Rick's Cabaret</a></strong> in New York City or the Next Level of <strong><a href="http://www.tootsiescabaret.com/">Tootsie's</a></strong> Cabaret in Miami. Both of the adult nightclubs are part of the <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> publicly traded nationwide group of upscale gentlemen's clubs.<br />
        <br />
        A special decanter of the rare cognac will be delivered Wednesday night at 8:30 pm to <a href="http://www.ricks.com/club/default.aspx?id=10001"><strong>Rick's Cabaret</strong></a> at 50 West 33rd Street in Manhattan, by an armored truck with three guards. Two cabaret entertainers will then escort the cask through the club, before placing it in a special <strong>Louis XIII Tower</strong> in the third floor VIP suite, just in time for an elegant welcoming party from 7-10 pm.<br />
        <br />
        &quot;Spirit experts say the Louis XIII Rare Cask is one of the finest cognacs ever produced and also one of the rarest. We are thrilled that we have been chosen by <a href="http://remy.com/"><strong>Remy Cointreau</strong></a> as one of the few venues in the country that have the privilege to serve it,&quot; said <strong>Ed Anakar</strong>, Director of Operations for Rick's Cabaret. &quot;We have purchased three decanters so that snifters will be available to those who want to enjoy one of the finest liquors ever, and to do so while mingling with some of the most beautiful women in the world.&quot;<br />
        <br />
      This cognac with a deep amber color was discovered by the Remy Martin cellar master <strong>Pierrette Trichet</strong>, who describes it as &quot;a miracle, an accident of nature.&quot; The rare cask cognac is aged up to 100 years and has been bottled in 786 exclusive, hand-crafted, true Baccarat black crystal decanters, each of which required the work of 20 people to make.</p>
      <p>Noted wine writer <a href="http://www.uncorklife.com/2010/04/remy-martins-louis-xiii-rare-cask.html" target="_blank"><strong>Brian Freedman</strong></a> has called it &quot;unquestionably the single greatest spirit I've ever tasted. Swirling it and putting my nose in the glass brought to mind images of Alice falling through the looking glass: Aromas of white and milk chocolate, mushrooms, prunes, vanilla, spice, beeswax, sandalwood, and tobacco fluttered by and led to flavors that ran the gamut from prunes and figs to vanilla pod, more mushroom, and even a hint of mint.&quot;<br />
          <br />
      Rick's Cabaret New York City, just across from the <strong>Empire State Building</strong>, has been called the &quot;best strip club in New York City&quot; by <em><strong>Playboy</strong></em>. Snifters of cognac from the rare cask decanter will be served in the exclusive third-floor VIP suite in New York, while the spirit will be poured in the upscale <a href="http://www.tootsiescabaret.com/club_features.cfm">Next Level</a> at Tootsie's, the company's award-winning 74,000-square foot club in Miami Gardens.<br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Mon, 26 Jul 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Acquires Jaguar's Gold Club In Fort Worth From VCG Holding Corp.</title><link>http://www.ricks.com/pressreleases/255/pr.aspx</link><description><![CDATA[ <p><strong>HOUSTON</strong> - (July 19, 2010) – <strong>RCI Entertainment (Fort Worth), Inc.</strong>, a subsidiary of <strong><a href="http://ricksinvestor.com/">Rick's Cabaret International, Inc.</a></strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong>,, the premier publicly traded group of upscale gentlemen's clubs, has acquired Jaguar's Gold Club in Fort Worth, Texas, from <a href="http://www.vcgh.com/" target="_blank"><strong>VCG Holding Corp.</strong></a> (NASDAQ: VCGH).</p>
      <p>Jaguar's Gold Club is located south of DFW International Airport at 12325 Calloway Cemetery Road.</p>
      <p>&quot;The Jaguar's Gold Club acquisition is another key addition to the cluster of clubs we have assembled in the vibrant Dallas-Fort Worth market,&quot; said <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret. &quot;It will add to our purchasing power, marketing advantages, deployment of regional management and other synergies in this market and it is another signal that we are continuing to acquire clubs that will be accretive to our earnings.&quot;</p>
      <p>RCI (Fort Worth) paid $1 million in cash and also transferred to VCG Holding 467,497 shares of VCGH common stock that Rick's Cabaret had purchased on the open market over the past year.  Along with a long-term lease, RCI also acquired an option to buy the property on which the club is located at a price to be determined.</p>
      <p>The purchase will bring to seven the number of clubs owned by subsidiaries of Rick's Cabaret in the Dallas-Fort Worth market, including a turnkey acquisition of a club near the <strong>DFW International Airport</strong> that is scheduled to be completed later this year.  Subsidiaries of Rick's Cabaret now own 21 adult clubs nationwide, including the flagship <a href="http://www.ricks.com/club/default.aspx?id=10001">Rick's Cabaret</a> in New York City and <a href="http://www.tootsiescabaret.com/">Tootsie's Cabaret</a> in Miami Gardens, Florida.</p>
      <p>Mr. Langan said the Jaguar's Gold Club transaction has no connection to negotiations Rick's Cabaret held earlier this year to acquire all of the outstanding stock of <a href="http://www.vcgh.com/" target="_blank">VCG Holding Corp</a>.<br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Mon, 19 Jul 2010 05:00:00 GMT</pubDate></item><item><title>Tootsie's Cabaret Fans Will Welcome Lebron James To Miami Thursday, July 15th</title><link>http://www.ricks.com/pressreleases/254/pr.aspx</link><description><![CDATA[<p><strong>MIAMI</strong> - (July 12, 2010) – Customers of <a href="http://www.tootsiescabaret.com"><strong>Tootsie's Cabaret</strong></a>, the leading gentlemen's club in the Miami area, have another welcoming party for <strong>LeBron James</strong> on Thursday. And whether or not the newest <strong>Heat</strong> star makes it to the event, his fans will be sure to have a great time.</p>
      <p>Tootsie's Cabaret, which is believed to be the largest gentlemen's club in the U.S. at 74,000 square feet, is offering free admission to James and Heat fans from 12 noon to midnight and is pouring all drinks at half price during that time.</p>
      <p>&quot;We've become the late night home for a lot of pro athletes and Heat fans, and we want LeBron to know that he'll be welcome at Tootsie's anytime he wants to stop by,&quot; says <strong>Ed Anakar</strong>, Director of Operations for <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong>, the publicly traded company that includes Tootsie's among its 20 clubs nationwide.</p>
      <p>Tootsie's features a 5,000 square foot sports bar with a dozen large screens for watching  major sporting events, as well as the more than 200 entertainers who dance completely nude until 5 a.m. Monday to Wednesday and until 6 a.m. Thursday to Sunday.  Celebrity visitors to Tootsie's enjoy visiting the Next Level, which features discreet sky boxes that offer a panoramic view of the main stage and its two 30-foot tall stripper poles, along with such amenities as super-plush couches and a private bartender.<br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Mon, 12 Jul 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Reports June Nightclub Sales of $6.36 Million</title><link>http://www.ricks.com/pressreleases/253/pr.aspx</link><description><![CDATA[<p><strong>HOUSTON</strong> - (July 8, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>], </strong>the nation's leading chain of upscale gentlemen's clubs, had revenues of $6.36 million at its nightclubs in June.<br />
      The June revenues brought total nightclub sales for the company's third quarter ending June 30 to $19.58 million.</p>
      <p><strong>Eric Langan</strong>, President and CEO of the company, said: &quot;Generally our revenues are holding up, although we are working on improving sales at several clubs that have been impacted by market-specific economic weakness.&quot;</p>
      <p>Companywide revenues were up 4.2 percent compared with the $6.1 million reported in 2009. Same club-same month revenues compared with 2009 were off 5.4 percent, primarily because of lower revenues at the Las Vegas Rick's Cabaret and at the Club Onyx locations in Philadelphia and Charlotte.<br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
      Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricksinvestor.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Thu, 08 Jul 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Raises $9.2 Million To Augment Acquisition 'War Chest'</title><link>http://www.ricks.com/pressreleases/252/pr.aspx</link><description><![CDATA[<p><strong>HOUSTON</strong> - (June 28, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> the nation's leading group of upscale gentlemen's clubs, said today it has completed a new $9.2 million round of financing through convertible debentures.</p>
      <p>The funds will be used to augment cash the company has accumulated that can be used to make acquisitions of additional gentlemen's clubs or chains of clubs or for other purposes. Rick's Cabaret currently owns 20 clubs nationwide with a 21st club scheduled to open later this summer.</p>
      <p>&quot;The new funds mean we have more than $18 million in our war chest to acquire clubs that will be accretive to our earnings,&quot; said <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret. &quot;We are currently having ongoing negotiations over several properties and we are constantly looking for clubs that fit our model and have the potential to become strong contributors to our growth story.&quot;</p>
      <p>&quot;Mr. Langan said he expected private owners of several major clubs may offer their properties for sale before the end of 2010 in an effort to leverage the current applicable long-term capital gains rates, which are set to expire at the end of this year.  Absent some modification to applicable law, the current long-term capital gain rate of 15 percent will increase to 20 percent for all higher income taxpayers beginning in 2011. </p>
      <p>The new three-year debentures bear interest at 10 percent per annum and can be convertible into shares of Rick's common stock at $10.25 per share. The debentures are redeemable by the company on or after six months from issuance if the closing price of Rick's stock is at least $13.47 for 20 consecutive trading days. In addition, the company issued three year warrants exercisable at $10.25 that can be called by Rick's Cabaret if the shares underlying the warrants are registered and the closing price for 20 consecutive trading days is $14.35. Other terms of the debentures and the warrants will be available in the company's 8-K filing with the SEC.<br />
        <br />
        <strong>About Rick's Cabaret:</strong><br />
Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
    <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p></td>]]></description><pubDate>Mon, 28 Jun 2010 05:00:00 GMT</pubDate></item><item><title>RICK’S CABARET INTERNATIONAL, INC. REPORTS MAY ADULT NIGHTCLUB SALES OF $6.7 MILLION</title><link>http://www.ricks.com/pressreleases/250/pr.aspx</link><description><![CDATA[HOUSTON – (June 10, 2010) – Rick’s Cabaret International, Inc. (NASDAQ: RICK), the nation’s premier group of upscale gentlemen’s clubs, reported sales of $6.7 million for its adult nightclubs in May.<br /> 
<br />
The overall gross revenue decline from the $7.2 million reported in May 2009 was chiefly due to lower sales at the company’s Rick’s Cabaret in Las Vegas, where sales dropped from nearly $1.6 million in 2009 to about $635,000 because the company stopped paying extraordinarily high taxi cab-related marketing costs. <br />
<br />
"The Las Vegas sales were lower, but the net impact on the company is minimal because we achieved our revenues with much lower marketing cost," said Eric Langan, President and CEO of Rick’s Cabaret. "We are monitoring the taxi cab marketing costs closely." <br />
<br />
Among its clubs showing year-over-year sales increases in May, the company cited strong performances from Rick’s Cabaret in New York City, the XTC Cabaret locations in Dallas, San Antonio and Austin, and from Club Onyx in Dallas. <br />
<br />
If Las Vegas is removed from the calculation, overall same club sales for May compared with 2009 showed a 3.3 percent decline. <br />
<br />
About Rick’s Cabaret: Rick’s Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names "Rick's Cabaret," "XTC," "Club Onyx" and "Tootsie’s Cabaret". Sexual contact is not permitted at these locations. Rick’s Cabaret also operates a media division, ED Publications, and owns the adult Internet membership Website couplestouch.com as well as a network of online adult auction sites under the flagship URL naughtybids.com. Rick’s Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact ir@ricks.com. <br />
<br />
<br />
Forward-looking Statements: This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company’s actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company’s businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com http://www.ricks.com/.<br />
<br />
<br />
Contact:  Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com<br />
]]></description><pubDate>Thu, 10 Jun 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Purchases Additional Adult Club In Dallas-Fort Worth Market</title><link>http://www.ricks.com/pressreleases/249/pr.aspx</link><description><![CDATA[<p><strong>HOUSTON</strong> - (June 2, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> the nation's premier owner of upscale gentlemen's clubs, has purchased the <strong>Fort Worth Gentleman’s Club</strong> at 3315 North Freeway in Fort Worth, Texas.</p>
      <p>Rick's Cabaret paid $2 million to <strong>Restaurant Associates, Inc.</strong> for the club and also obtained options to buy the land on which the club sits and the land adjacent to the club, an aggregate of 2.2 acres.</p>
      <p>&quot;This acquisition sends the signal that we are continuing the roll-up program that has been underway for some time and that we will continue to purchase new clubs that will be accretive to our earnings and help fulfill our strategic vision,&quot; said <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret.</p>
      <p>&quot;Specifically, the purchase of Fort Worth Gentleman's Club adds significantly to the cluster of clubs we now have in the Dallas-Fort Worth market, giving us purchasing power synergies and marketing advantages, and lets us leverage our regional management strengths,&quot;  he added.</p>
      <p>Upon completion of plans to open a new cabaret near the <strong>DFW International Airport</strong> later this year, the Fort Worth Gentleman's Club acquisition will bring to six the number of clubs owned by subsidiaries of Rick's Cabaret in the Dallas-Fort Worth market -- <a href="http://www.ricks.com/club/default.aspx?id=17001">Rick's Cabaret</a> and <a href="http://www.ricks.com/club/default.aspx?id=17002">Cabaret North</a> in Fort Worth, <a href="http://www.ricks.com/club/default.aspx?id=20001">XTC Cabaret</a> and <a href="http://www.onyxclubs.com/dallas.aspx">Club Onyx</a> in Dallas. The acquisitionbrings to 20 the total number of clubs owned by subsidiaries of the company nationwide, including the flagship <a href="http://www.ricks.com/club/default.aspx?id=10001">Rick's Cabaret</a> in New York City and <a href="http://www.tootsiescabaret.com/">Tootsie's Cabaret</a> in Miami Gardens, Florida.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
      <p><strong>About Rick's Cabaret:</strong><br />
        Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Wed, 02 Jun 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Reports Net Income Of $2.94 Million, 30 Cents Per Share, For Second Quarter Ending March 31st</title><link>http://www.ricks.com/pressreleases/248/pr.aspx</link><description><![CDATA[<br />
    Total Revenues Rise 21.9% to $22.4 Million</p>
      <p><strong>HOUSTON</strong> - (May 11, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> the nation's leading chain of upscale gentlemen's clubs, today reported net income for its second quarter ending March 31, 2010 of $2.94 million or 30 cents per share, compared with $839,471 or nine cents per share in the same quarter in 2009.</p>
      <p>The company incurred one-time costs of $246,300 related to now-terminated negotiations for the acquisition of VCG Holdings. Without these costs, net income attributable to Rick's Cabaret would have been two cents higher per share for the second quarter.</p>
      <p>&quot;Our improved performance in the second quarter is the result of higher sales as well the increased focus on our bottom line that we announced during our last conference call,&quot; said <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret. &quot;Decreased marketing costs in Las Vegas and in Dallas/Fort Worth also contributed to improved results,&quot; he said.</p>
      <p>Mr. Langan will discuss the results in detail during a conference call and webcast today at 4:30 p.m. EDT. The call is being webcast by <a href="http://www.vcall.com/vcall/index.aspx" target="_blank">Vcall</a> and can be accessed at the Rick's Cabaret website, <a href="http://www.ricks.com">www.ricks.com</a> or <strong>www.InvestorCalendar.com</strong>. The live toll free participant dial In number is (877) 407-8033, while international callers should use (201) 689-8033. The domestic toll free replay number is (877) 660-6853 while international callers should use (201) 612-7415. Replay passcodes required for playback are: Account #: 286 and Conference ID #: 350402. Details are also available in the company’s Form 10-Q filed with the SEC and available on the company's investor webpage at <a href="http://www.ricksinvestor.com/">www.ricksinvestor.com</a>.</p>
      <p>The company attributed the revenue increase of 21.9 percent primarily to increases in same club sales. Revenues for same-location-same-period of club continuing operations increased 14.9% to $20 million in the second quarter compared with 2009, partly as a result of increased business during the Super Bowl in Miami and the NBA All Star Game in Dallas in February 2010. The company's two new locations also contributed to the overall revenue increase.</p>
      <p>Legal and professional expenses were lower, following the settlement in the first quarter of a labor lawsuit in Minnesota, which had been accrued in the quarter ended September 30, 2009.</p>
      <p>The company also reduced before tax losses at certain clubs losing money during the second quarter to approximately $391,000, compared to $1.3 million for the quarter ended December 31, 2009 and $900,000 for the March 31, 2009 quarter. The significant losing club in the prior quarter was Rick's Cabaret Las Vegas, which lost $500,000 in the first quarter ended December 31, 2009 and $633,000 for the quarter ended March 31, 2009. The Las Vegas club made a profit of approximately $150,000 before income taxes for the quarter ended March 31, 2010. <br />
      </p>
      <div class="Section1">
        <p class="MsoNormal" align="center" style='text-align:center'><span
style='font-family:&quot;Times New Roman&quot;'><b>RICK'S CABARET INTERNATIONAL, INC. AND
          SUBSIDIARIES</b></span></p>
        <p class="MsoNormal" align="center" style='text-align:center'><span
style='font-family:&quot;Times New Roman&quot;'><b>CONSOLIDATED BALANCE SHEETS</b></span></p>
        <p class="MsoNormal" align="center" style='margin-top:0in;margin-right:-.5in;
margin-bottom:0in;margin-left:-.5in;margin-bottom:.0001pt;text-align:center'><span
style='font-family:&quot;Times New Roman&quot;'><b>&nbsp;</b></span></p>
        <p class="MsoNormal" align="center" style='margin-top:0in;margin-right:-.5in;
margin-bottom:0in;margin-left:-.5in;margin-bottom:.0001pt;text-align:center'><span
style='font-family:&quot;Times New Roman&quot;'><b><u>ASSETS</u></b></span></p>
        <p class="MsoNormal" style='margin-top:0in;margin-right:-.5in;margin-bottom:0in;
margin-left:-.5in;margin-bottom:.0001pt'><span style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
        <div align="center">
          <table border="0" cellspacing="0" cellpadding="0" style='border-collapse:collapse'>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>MARCH 31, 2010</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>SEPTEMBER 30, 2009</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="122" valign="top" style='width:121.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='margin-right:-5.4pt;text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>(UNAUDITED)</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="top" style='width:130.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='text-align:center'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>CURRENT ASSETS:</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-left:45.9pt;text-align:right;
  text-indent:-45.9pt'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='text-align:center'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Cash
                and cash equivalents</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$                    12,218,919</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$                       12,850,250</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Accounts
                receivable</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.25in'><span style='font-family:&quot;Times New Roman&quot;'>Trade,
                net</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>836,274</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>776,721</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.25in'><span style='font-family:&quot;Times New Roman&quot;'>Other,
                net</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>394,797</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>136,761</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Marketable
                securities</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,121,993</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>-</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Inventories</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,304,838</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,231,353</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Prepaid
                expenses and other current assets</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,387,346</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>846,430</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Assets
                of discontinued operations</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>189,380</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>210,032</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.25in'><span style='font-family:&quot;Times New Roman&quot;'>Total
                current assets</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>17,453,547</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>16,051,547</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>PROPERTY AND
                EQUIPMENT:</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Buildings,
                land and leasehold improvements</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>48,226,361</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>46,577,101</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Furniture
                and equipment</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>15,807,386</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>12,289,630</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>64,033,747</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>58,866,731</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Accumulated
                depreciation</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:-2.7pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>(12,080,645)</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:-2.9pt;text-align:right;
  tab-stops:1.7in'><span style='font-family:&quot;Times New Roman&quot;'>(10,566,656)</span></p></td>
            </tr>
          </table>
        </div>
        <p class="MsoNormal" style='margin-left:.25in'><span style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
        <div align="center">
          <table border="0" cellspacing="0" cellpadding="0" style='border-collapse:collapse'>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.25in'><span style='font-family:&quot;Times New Roman&quot;'>Total
                property and equipment, net</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>51,953,102</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>48,300,075</span></p></td>
            </tr>
          </table>
        </div>
        <p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
        <div align="center" style="margin-bottom: .0001pt">
          <table border="0" cellspacing="0" cellpadding="0" style='border-collapse:collapse'>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>OTHER ASSETS:</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Goodwill
                and indefinite lived intangibles</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>80,345,628</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>78,330,914</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Definite
                lived intangibles, net</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,170,062</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,161,433</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in'><span style='font-family:&quot;Times New Roman&quot;'>Other</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,414,289</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,232,330</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.25in'><span style='font-family:&quot;Times New Roman&quot;'>Total
                other assets</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>82,929,979</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>80,724,677</span></p></td>
            </tr>
            <tr>
              <td width="253" valign="top" style='width:252.9pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.25in'><span style='font-family:&quot;Times New Roman&quot;'>Total
                assets</span></p></td>
              <td width="122" valign="bottom" style='width:121.5pt;border:none;border-bottom:
  double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$                  152,336,628</span></p></td>
              <td width="14" valign="top" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="131" valign="bottom" style='width:130.5pt;border:none;border-bottom:
  double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$                    145,076,299</span></p></td>
            </tr>
          </table>
        </div>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 4.5in 6.0in'><span
style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
      </div>
      <span style='font-size:12.0pt;font-family:&quot;Times New Roman&quot;'><br clear="all"
style='page-break-before:always' />
      </span>
      <div class="Section2">
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 4.5in 6.0in'><span
style='font-family:&quot;Times New Roman&quot;'><b>RICK'S CABARET INTERNATIONAL, INC. AND
          SUBSIDIARIES</b></span></p>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 4.5in 6.0in'><span
style='font-family:&quot;Times New Roman&quot;'><b>CONSOLIDATED BALANCE SHEETS</b></span></p>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 4.5in 6.0in'><span
style='font-family:&quot;Times New Roman&quot;'><b>&nbsp;</b></span></p>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 4.5in 6.0in'><span
style='font-family:&quot;Times New Roman&quot;'><b>LIABILITIES AND STOCKHOLDERS' EQUITY</b></span></p>
        <p class="MsoNormal" style='tab-stops:right 4.5in 6.0in'><span style='font-family:
&quot;Times New Roman&quot;'>&nbsp;</span></p>
        <div align="center">
          <table border="0" cellspacing="0" cellpadding="0" style='border-collapse:collapse'>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="top" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>MARCH 31, </span></p>
                  <p class="MsoNormal" align="center" style='text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>2009</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="top" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='margin-right:.9pt;text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>SEPTEMBER 30,</span></p>
                  <p class="MsoNormal" align="center" style='margin-right:.9pt;text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>2009</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="top" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='text-align:center'><span
  style='font-family:&quot;Times New Roman&quot;'>(UNAUDITED)</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="top" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='margin-right:.9pt;text-align:center'>&nbsp;</p></td>
            </tr>
            <tr style='height:9.45pt'>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt;
  height:9.45pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>CURRENT
                LIABILITIES:</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt;
  height:9.45pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt;
  height:9.45pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt;
  height:9.45pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt;
  height:9.45pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Accounts payable – trade</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$                    960,373</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$                    787,982</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Accrued liabilities</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>2,813,531</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>2,413,988</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Patron tax liability</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>2,571,925</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,162,960</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Current portion of derivative
                liabilities, at fair value</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>915,000</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>885,600</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Current portion of long-term debt</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>7,080,749</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>5,855,727</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Liabilities of discontinued operations</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>39,951</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>51,799</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Total current liabilities</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>14,381,529</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>11,158,056</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>Deferred tax
                liability</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>20,011,360</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>18,581,344</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>Other
                long-term liabilities</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>680,617</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>641,800</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>Long-term
                debt, less current portion</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>32,022,296</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>31,956,856</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>Derivative
                liabilities at fair value, long-term portion</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>1,760,960</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>2,455,992</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Total liabilities</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>68,856,762</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>64,794,048</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>COMMITMENTS
                AND CONTINGENCIES</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.1in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>TEMPORARY EQUITY – Common stock,
                subject to put rights (271,500 and 317,000 shares)</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>5,915,000</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>6,871,000</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>PERMANENT
                STOCKHOLDERS' EQUITY:</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Preferred stock, $.10 par, 1,000,000
                shares authorized; none issued and outstanding</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>-</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>-</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Common stock, $.01 par, 20,000,000
                shares authorized; 8,921,395 and 8,879,566 shares issued</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>89,214</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>88,796</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Additional paid-in capital</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>54,846,125</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>54,530,319</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Accumulated other comprehensive income</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>113,038</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>-</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Retained earnings </span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>19,200,100</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>15,472,747</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Total Rick’s permanent stockholders’
                equity</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>74,248,477</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>70,091,862</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-family:&quot;Times New Roman&quot;'>Noncontrolling
                interests</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>3,316,389</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>3,319,389</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:18.9pt'><span style='font-family:&quot;Times New Roman&quot;'>Total
                permanent stockholders’ equity</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>77,564,866</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>73,411,251</span></p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;border-top:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'>&nbsp;</p></td>
            </tr>
            <tr>
              <td width="256" valign="top" style='width:256.4pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-family:&quot;Times New Roman&quot;'>Total liabilities and stockholders’
                equity</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="110" valign="bottom" style='width:109.5pt;border:none;border-bottom:
  double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$             152,336,628</span></p></td>
              <td width="14" valign="top" style='width:13.7pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
              <td width="108" valign="bottom" style='width:1.5in;border:none;border-bottom:
  double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:.9pt;text-align:right'><span
  style='font-family:&quot;Times New Roman&quot;'>$             145,076,299</span></p></td>
            </tr>
          </table>
        </div>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 4.5in 6.0in'><span style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span><span style='font-size:12.0pt;font-family:&quot;Times New Roman&quot;'><br clear="all"
style='page-break-before:always' />
        </span> </p>
        <p class="MsoNormal" style='text-autospace:none'><span style='font-family:&quot;Times New Roman&quot;'><b>&nbsp;</b></span></p>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 4.5in 6.0in'><span
style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'><b>RICK'S CABARET
          INTERNATIONAL, INC. AND SUBSIDIARIES</b></span></p>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 3.7in 4.7in 5.7in 6.7in'><span
style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'><b>CONSOLIDATED
          STATEMENTS OF INCOME</b></span></p>
        <p class="MsoNormal" align="center" style='text-align:center;tab-stops:right 3.7in 4.7in 5.7in 6.7in'><span
style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
        <table border="1" cellspacing="0" cellpadding="0" style='border-collapse:collapse;
 border:none'>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;
  font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="167" colspan="3" valign="top" style='width:166.5pt;border:none;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>FOR THE THREE MONTHS</span></p>
                <p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>ENDED MARCH 31,</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="164" colspan="3" valign="top" style='width:163.8pt;border:none;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="center" style='text-align:center'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>FOR THE SIX MONTHS</span></p>
                <p class="MsoNormal" align="center" style='text-align:center'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>ENDED MARCH 31,</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='tab-stops:.5in'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>2010</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>2009</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>2010</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>2009</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'> </span></p></td>
            <td width="167" colspan="3" valign="top" style='width:166.5pt;border:none;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>(UNAUDITED)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'>&nbsp;</p></td>
            <td width="164" colspan="3" valign="top" style='width:163.8pt;border:none;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>(UNAUDITED)</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Revenues:</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Sales of alcoholic beverages</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>$        9,028,930 </span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>$      6,965,973</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:65.55pt'><span
  style='font-family:&quot;Times New Roman&quot;'>$      17,078,395</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:65.55pt'><span
  style='font-family:&quot;Times New Roman&quot;'>$     13,599,544</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Sales of food and merchandise</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>1,782,326</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>1,565,931</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>3,372,338</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>2,985,996</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Service revenues</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>10,225,314</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>8,795,369</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>19,517,562</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>16,935,258</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Internet revenues</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>143,730</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>164,631</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>289,167</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>341,394</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Media revenues</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>310,727</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>285,331</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>567,483</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>468,967</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Other</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>948,358</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>627,863</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>1,619,456</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>1,207,632</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Total revenues</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>22,439,385</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>18,405,098</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>42,444,401</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>35,538,791</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Operating
              expenses:</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Cost of goods sold</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>2,639,473</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>2,212,112</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>5,096,011</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>4,441,585</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Salaries and wages</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>4,411,424</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>3,995,568</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>8,721,729</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>8,216,454</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Stock compensation</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>44,037</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>20,044</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>88,074</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>40,088</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Other general and
              administrative:</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Taxes and permits</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>3,334,371</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>2,395,423</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>6,169,934</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>4,714,723</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Charge card fees</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>369,685</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>447,948</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>715,873</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>786,488</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Rent</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,027,577</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>920,823</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>2,051,111</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,869,185</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Legal and professional</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>759,463</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>810,513</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,409,072</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,314,562</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Advertising and
              marketing</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,506,831</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,696,161</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>4,445,004</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>2,868,533</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Insurance</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>259,279</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>267,128</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>521,131</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>506,365</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Utilities</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>410,878</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>374,393</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>816,747</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>803,311</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Impairment of
              nightclub assets</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>-</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>823,090</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>-</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>823,090</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Depreciation and
              amortization</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>892,440</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>858,611</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,724,418</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,702,964</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:33.85pt;text-indent:-.1in;tab-stops:
  .5in'><span style='font-family:&quot;Times New Roman&quot;'>Other</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>1,630,487</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>1,301,984</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>3,176,510</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>2,712,028</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:33.85pt;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Total operating
              expenses</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>17,285,945</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>16,123,798</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>34,935,614</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>30,799,376</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Operating
              income</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>5,153,440</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>2,281,300</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>7,508,787</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>4,739,415</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Other
              income (expense):</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.35in;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Interest income</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>5,582</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,659</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>9,255</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>7,393</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Interest expense</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-5.4pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>(1,079,498)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-2.9pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>(808,831)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-2.9pt;text-align:right;
  tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-2.9pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>(2,108,080)</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-2.9pt;text-align:right;
  tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-2.9pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>(1,642,302)</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Other</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-5.4pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>(2,676)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>169</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-.9pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>(2,675)</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>(8,565)</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:.35in;text-indent:-.1in;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>Gain on change in fair value of
              derivative instruments</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-5.4pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoHeader" align="right" style='margin-right:-5.4pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>385,207</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="center" style='text-align:center;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>-</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='margin-right:-5.4pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoHeader" align="right" style='margin-right:-5.4pt;text-align:right;
  tab-stops:.5in'><span style='font-family:&quot;Times New Roman&quot;'>429,482</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>-</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Income
              from continuing operations before income taxes </span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-top:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>4,462,055</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-top:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,474,297</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-top:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>5,836,769</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-top:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>3,095,941</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Income
              taxes</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>1,430,270</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>520,070</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,932,626</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>1,087,423</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Income
              from continuing operations</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>3,031,785</span></p></td>
            <td width="18" valign="bottom" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>954,227</span></p></td>
            <td width="18" valign="bottom" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>3,904,143</span></p></td>
            <td width="14" valign="bottom" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>2,008,518</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Loss
              from discontinued operations, net of income taxes</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:-5.4pt;text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='margin-right:-5.4pt;text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>(13,620)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>(41,256)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:-5.4pt;text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='margin-right:-5.4pt;text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>(29,790)</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='margin-right:-.05in;text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='margin-right:-.05in;text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>(231,215)</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Net
              income</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>3,018,165 </span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'> 912,971</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>3,874,353 </span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'> 1,777,303</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Less:
              net income attributable to noncontrolling  interests</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>(73,500)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>(73,500)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>(147,000)</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>(147,000)</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Net
              income attributable to Rick’s Cabaret International, Inc.</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:double windowtext 1.5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$        2,944,665</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;border-bottom:double windowtext 1.5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$         839,471</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;border-bottom:double windowtext 1.5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$        3,727,353</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;border-bottom:double windowtext 1.5pt;
  padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$       1,630,303</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'>&nbsp;</td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal">&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>&nbsp;</span></p>
                <p class="MsoNormal"><span style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Basic
                  earnings (loss) per share attributable to Rick’s shareholders:</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Income from continuing
              operations</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.32</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.09</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.40</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$                0.20</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.2in;
  margin-bottom:.0001pt;text-indent:-.1in;text-autospace:none'><span
  style='font-size:10.0pt'>Loss from discontinued operations</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$            (0.00)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$            (0.00)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$            (0.00)</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$             (0.02)</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.2in;
  margin-bottom:.0001pt;text-indent:-.1in;text-autospace:none'><span
  style='font-size:10.0pt'>Net income</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.31</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.09</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.40</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'><span style='font-size:10.0pt'> </span></p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$                0.17</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'><span
  style='font-size:10.0pt'>Diluted earnings (loss) per share attributable to
              Rick’s shareholders:</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" style='margin-left:.2in;text-indent:-.1in'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>Income from continuing
              operations</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.31</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.09</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.40</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$                0.20</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.2in;
  margin-bottom:.0001pt;text-indent:-.1in;text-autospace:none'><span
  style='font-size:10.0pt'>Loss from discontinued operations</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$            (0.00)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$            (0.00)</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$            (0.00)</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$             (0.02)</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.2in;
  margin-bottom:.0001pt;text-indent:-.1in;text-autospace:none'><span
  style='font-size:10.0pt'>Net income</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.30</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.09</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$               0.40</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoNormal" align="right" style='text-align:right'><span
  style='font-size:10.0pt;font-family:&quot;Times New Roman&quot;'>$                0.17</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'><span
  style='font-size:10.0pt'>&nbsp;</span></p>
                <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'><span
  style='font-size:10.0pt'>Weighted average number of common  shares
                  outstanding: </span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p align="right" style='margin:0in;margin-bottom:.0001pt;text-align:right;
  text-autospace:none'>&nbsp;</p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:33.85pt;text-indent:-.1in;tab-stops:
  .5in'><span style='font-family:&quot;Times New Roman&quot;'>Basic</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>9,361,328</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>9,313,819</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>9,365,751</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>9,339,926</span></p></td>
          </tr>
          <tr>
            <td width="167" valign="top" style='width:167.4pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" style='margin-left:33.85pt;text-indent:-.1in;tab-stops:
  .5in'><span style='font-family:&quot;Times New Roman&quot;'>Diluted</span></p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>10,283,512</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="72" valign="top" style='width:1.0in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>9,487,528</span></p></td>
            <td width="18" valign="top" style='width:.25in;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="77" valign="top" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>9,394,131</span></p></td>
            <td width="14" valign="top" style='width:13.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'>&nbsp;</p></td>
            <td width="74" valign="top" style='width:73.8pt;border:none;padding:0in 5.4pt 0in 5.4pt'><p class="MsoHeader" align="right" style='text-align:right;tab-stops:.5in'><span
  style='font-family:&quot;Times New Roman&quot;'>9,543,741</span></p></td>
          </tr>
        </table>
        <p class="MsoNormal">&nbsp;</p>
      </div>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
      <p><strong>About Rick's Cabaret:</strong><br />
        Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Tue, 11 May 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Reports April Nightclub Sales Of $6.56 Million</title><link>http://www.ricks.com/pressreleases/247/pr.aspx</link><description><![CDATA[<p><strong>HOUSTON</strong> - (May 11, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> the nation's leading chain of upscale gentlemen's clubs, had revenues of $6.56 million at its nightclubs in April.<br />
        <br />
        Eric Langan, President and CEO of the company, said: &quot;Our April sales have developed nicely across the company. We cut our taxi-related marketing costs in Las Vegas dramatically – to just $91,250 in April this year, compared with $1,417,285 last year – which had an obvious impact on gross sales. However, if you factor in these lower costs, our gross sales minus marketing costs actually increased year over year in Las Vegas. This tells us that the program we announced last quarter to shift our attention to bottom line results has begun to pay off.&quot;<br />
        <br />
      Same club-same month revenues compared with 2009 were off 18.7 percent, primarily because of lower revenues at the Las Vegas club.Mr. Langan said that if Las Vegas is removed from the equation, companywide same store sales would have decreased 1.4 percent.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
      <p><strong>About Rick's Cabaret:</strong><br />
        Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Tue, 11 May 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret Will Hold Conference Call Tuesday May 11th To Discuss Second Quarter Results, Followed By A "Due Diligence Ball" At Its New York City Nightclub</title><link>http://www.ricks.com/pressreleases/246/pr.aspx</link><description><![CDATA[<p><strong>HOUSTON</strong> - (May 5, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> the nation's premier chain of gentlemen's clubs, will release its second quarter 2010 results on Tuesday May 11th, followed by a <strong>conference call/webcast</strong>  at 4:30 pm (ET) hosted by CEO <strong>Eric Langan</strong>. Immediately after the call the company will hold its traditional &quot;<strong>Due Diligence Ball</strong>&quot; (DDB) for financial industry professionals and investors at the company's New York City nightclub (50 West 33rd St.).<br />
        <br />
        The conference call will allow securities analysts and shareholders the opportunity to hear management discuss results for the company's first quarter ended March 31, 2010. The call is being webcast by <a href="http://www.vcall.com/vcall/index.aspx" target="_blank">Vcall</a> and can be accessed at the Rick's Cabaret website, <a href="http://www.ricks.com" target="_blank">www.ricks.com</a> or <strong>www.InvestorCalendar.com</strong>. The toll free Live Participant Dial In number is (877) 407-8033, while international callers should use (201) 689-8033. The domestic toll free replay number is (877) 660-6853 while international callers should use (201) 612-7415. Replay passcodes required for playback are: Account #: 286 and Conference ID #: 350402.<br />
        <br />
      The popular Due Diligence Ball gives investors an opportunity to see the company's operations first hand and talk personally with Mr. Langan. Held at the company's New York City nightclub at 50 West 33rd Street near Madison Square Garden and across from the <strong>Empire State Building</strong>, the DDB features free admission, passed hors d'oeuvres and drinks at discount prices from 6 p.m. to 8 p.m.  To RSVP email <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
      <p><strong>About Rick's Cabaret:</strong><br />
        Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Wed, 05 May 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Announces Conversion Of $7.2 Million In Debentures Issued In August 2009</title><link>http://www.ricks.com/pressreleases/245/pr.aspx</link><description><![CDATA[ <p><strong>HOUSTON</strong> - (May 4, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> the nation's premier chain of upscale gentlemen's clubs, has converted $7.2 million in 10 percent convertible debentures that were issued in August 2009.</p>
      <p>The company sent a notice of redemption to all holders of the debentures exercising its right to redeem the principal amount of the debentures plus all accrued but unpaid interest.  Upon receipt of the redemption notice all holders exercised their right to convert the entire outstanding principal amount plus accrued but unpaid interest of $176,000.</p>
      <p>Accordingly Rick's Cabaret today issued an aggregate of 842,972 shares of its common stock to the debenture holders. No cash payments were made to the debenture holders in connection with the conversion.</p>
      <p>&quot;This conversion significantly reduces our long term debt, strengthens our balance sheet and will save us over $700,000 a year in interest expense,&quot; said <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
      <p><strong>About Rick's Cabaret:</strong><br />
        Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Tue, 04 May 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Provides Second Quarter Outlook And Acquisition Strategy Update </title><link>http://www.ricks.com/pressreleases/244/pr.aspx</link><description><![CDATA[<strong>HOUSTON</strong> - (April 29, 2010) - <strong>Rick's Cabaret International, Inc.</strong> <strong>[NASDAQ-GM:<a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a>]</strong> Rick's Cabaret International, Inc. (NASDAQ: RICK), the nation's premier upscale gentlemen's club owner, is updating investors on anticipated earnings for the quarter ending March 31st, on acquisition plans and other corporate developments.</p>
      <p>Eric Langan, President and CEO of Rick's Cabaret, said he believes the company's earnings for the second quarter ending March 31st will exceed current analysts' consensus.</p>
      <p>Mr. Langan said the company is presently in negotiations for the acquisition of an existing club and anticipates announcing the closing of this transaction by June 30th. In addition the expected opening of a new club near the Dallas Fort Worth Airport is on track for the fourth quarter. The company will continue to seek accretive acquisitions during the remainder of the year. During the upcoming conference call Mr. Langan will discuss the company's current cash position and availability of funds for additional acquisitions.</p>
      <p>&quot;Regarding our club in Las Vegas,&quot; Mr. Langan said, &quot;we will discuss the dramatic reduction in marketing costs per customer from the previous year. While gross revenues are down, our net gross after marketing payments has increased, with the result that Vegas was profitable in the March 31st quarter and we are optimistic we will remain profitable during the June 30th quarter.&quot; </p>
      <p>Mr. Langan said the company plans to report its earnings and holding a conference call between May 11th and May 17th and will confirm the date and time next week along with call in and webcast access details. Following the conference call, the company will hold its traditional Due Diligence Ball at Rick's Cabaret in New York City, which Mr. Langan will attend.</p>
      <p><strong>Forward Looking Statements</strong><br />
      This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</p>
      <p><strong>About Rick's Cabaret:</strong><br />
        Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, <a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a>, and owns the adult internet membership website <a href="http://www.couplestouch.com">www.couplestouch.com</a> as well as a network of online adult auction sites under the flagship URL <a href="http://www.naughtybids.com">www.naughtybids.com</a>. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact <a href="mailto:ir@ricks.com">ir@ricks.com</a>.</p>
      <p><strong>Contact: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong><a href="mailto:allan@ricks.com"></a></p>]]></description><pubDate>Thu, 29 Apr 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret Austin Launches With Three-Night Grand Opening Party Starting Tonight</title><link>http://www.ricks.com/pressreleases/243/pr.aspx</link><description><![CDATA[<br>
          AUSTIN, TEXAS - </b>(April 8, 2010) - <b>Rick's Cabaret International, 
          Inc.</b> <b><font color="993300">[<font size="3"><b><font color="993300">NASDAQ-GM:</font><a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a></b></font>]</font></b> owner of the nation's leading upscale gentlemen's clubs, is throwing a three-night grand opening party starting tonight in Austin to welcome its newest Rick's Cabaret.<br>
          <br>
          The 12,000 square foot club at 3105 S Interstate 35 in Round Rock, just north of the Austin city line, was known up until now as <strong>Joy of Austin</strong> and was purchased by Rick's Cabaret in December 2009. With three stages of non-stop cabaret dancing and ten secluded suites, it is one of the premiere party venues in the region.<br>
          <br>
          Hosting all three nights of the grand opening party will be <strong>Ronnie the Limo Driver</strong>, a favorite member of the Howard Stern gang and a regular on Stern's <strong>Sirius/XM Satellite Radio</strong> program. Rick's Cabaret has been a frequent topic on the Howard Stern Show.<br>
          <br>
          The grand opening gala will feature drink specials, passed hors d'oeuvres and numerous giveaways including a trip for two to Las Vegas to stay at the Rick's Cabaret suite at the Hard Rock Hotel and Casino and a night at the hot Rick's Cabaret Vegas nightclub. <br>
          <br>
          Anticipating heavy crowds for the opening parties, Rick's Cabaret has imported entertainers from its established clubs in New York City, Las Vegas and Miami, where it owns the famed Tootsie's Cabaret.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Forward Looking Statements</strong><br>
  This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</font></p>
        <p><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b>About Rick's 
              Cabaret:</b></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
              Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">, and owns the adult internet membership website </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.couplestouch.com">www.couplestouch.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> as well as a network of online adult auction sites under the flagship URL </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.naughtybids.com">www.naughtybids.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="mailto:ir@ricks.com">ir@ricks.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">.</font></p>
      <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Contact:  Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong></font></p>]]></description><pubDate>Thu, 08 Apr 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Reports March Sales Rose 11.1 Percent In March To $7.5 Million</title><link>http://www.ricks.com/pressreleases/242/pr.aspx</link><description><![CDATA[<br>
          HOUSTON, TEXAS - </b>(April 8, 2010) - <b>Rick's Cabaret International, 
          Inc.</b> <b><font color="993300">[<font size="3"><b><font color="993300">NASDAQ-GM:</font><a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a></b></font>]</font></b> o</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">wner of leading scale gentlemen's clubs, said today its nightclub sales in March were $7.5 million, an 11.1 percent increase over the $6.75 million reported in the previous year.  Same club sales were $6.88 million, a 3.5percent increase over March 2009.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The March nightclub revenues brought sales for the company's second quarter to $21.97 million, an increase of about 21.6percent over the $18.07million reported for the same quarter in 2009.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">&quot;We are quite satisfied with the performance of most of our clubs and are particularly pleased that Rick's Cabaret New York City continued its sequential growth pattern; Club Onyx Dallas was outstanding; and we had growth at all of the XTC Cabaret clubs in Texas, particularly the Dallas location,&quot; said <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret. &quot;Also, our two newest clubs, Joy of Austin and Cabaret North Ft. Worth, have begun to make significant revenue contributions.&quot;</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Forward Looking Statements</strong><br>
  This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</font></p>
        <p><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b>About Rick's 
              Cabaret:</b></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
              Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">, and owns the adult internet membership website </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.couplestouch.com">www.couplestouch.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> as well as a network of online adult auction sites under the flagship URL </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.naughtybids.com">www.naughtybids.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="mailto:ir@ricks.com">ir@ricks.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">.</font></p>
      <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Contact:  Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong></font></p>]]></description><pubDate>Thu, 08 Apr 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Says LOI with VCG Holding Expires</title><link>http://www.ricks.com/pressreleases/241/pr.aspx</link><description><![CDATA[            <br>
          HOUSTON, TEXAS - </b>(April 1, 2010) - </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Rick's Cabaret International, 
          Inc.</b> <b><font color="993300">[<font size="3"><b><font color="993300">NASDAQ-GM:</font><a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a></b></font>]</font></b> announced that it was not able to enter into a definitive merger agreement to acquire all of the outstanding stock of <a href="http://www.vcgh.com/" target="_blank"><strong>VCG Holding Corp.</strong></a> (&quot;VCG&quot;) in accordance with its letter of intent with VCG. As previously announced, on February 16, 2010, Rick's, VCG, <strong>Troy Lowrie</strong>, VCG's Chairman and Chief Executive Officer, and <strong>Lowrie Management, LLLP</strong>, entered into a non-binding (except as to certain provisions, including exclusivity and confidentiality) letter of intent, which letter of intent expired on March 31, 2010.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Forward Looking Statements</strong><br>
  This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</font></p>
        <p><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b>About Rick's 
              Cabaret:</b></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
              Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">, and owns the adult internet membership website </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.couplestouch.com">www.couplestouch.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> as well as a network of online adult auction sites under the flagship URL </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.naughtybids.com">www.naughtybids.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="mailto:ir@ricks.com">ir@ricks.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">.</font></p>
      <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Contact:  Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong></font></p>]]></description><pubDate>Thu, 01 Apr 2010 05:00:00 GMT</pubDate></item><item><title>Club Onyx, Upscale Urban Gentlemen's Club, To Launch In Austin With Three-Day Grand Opening Party Starting April 1st</title><link>http://www.ricks.com/pressreleases/240/pr.aspx</link><description><![CDATA[<br>
          AUSTIN, TEXAS - </b>(April 1, 2010) - Club Onyx will open Thursday, April 1st as the first and only upscale urban gentlemen's club in the capital city.  The club at 8110 Springdale Road is a part of the <b>Rick's Cabaret International, 
          Inc.</b> <b><font color="993300">[<font size="3"><b><font color="993300">NASDAQ-GM:</font><a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a></b></font>]</font></b> chain of upscale adult clubs and until last year operated under the Rick's Cabaret brand.<b><br>
          </b></font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Austin location is the fifth Club Onyx operated by Rick's Cabaret that have become popular among athletes, musicians and African-American professionals and businessmen. Club Onyx are also operated in <a href="http://www.onyxclubs.com/phila.aspx"><strong>Philadelphia</strong></a>, <a href="http://www.onyxclubs.com/houston.aspx"><strong>Houston</strong></a>, <a href="http://www.onyxclubs.com/dallas.aspx"><strong>Dallas</strong></a> and <a href="http://www.onyxclubs.com/charlotte.aspx"><strong>Charlotte</strong></a>.<br>
            <br>
            &quot;We took a long and careful look at the Austin market and determined that an upscale urban club would be ideal here,&quot; said <strong>Ed Anakar</strong>, Director of Operations of Rick's Cabaret and originator of the Club Onyx concept five years ago in Houston. &quot;This format has proven to be a winner in each of the markets where we've launched. We do particularly well in big sports towns, and this is one reason we chose to open during the very popular Texas Relays weekend in Austin, which draws thousands of fans into the city who are always up for a good time.&quot;<br>
            <br>
            The Grand Opening Party on Thursday, April 1st will feature a special appearance by the famed adult actress <strong>Pinky</strong>, who has starred in films such as &quot;<strong>It'z a Black Thang</strong>&quot; and &quot;<strong>Miss Phat Booty</strong>.&quot;<br>
            <br>
        Club Onyx Austin will be open Thursday through Sunday evenings starting at 7 p.m. It will stay open until 5 a.m. on Thursday, Friday and Saturday nights, and until 2 a.m. on Sundays.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Forward Looking Statements</strong><br>
  This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricks.com.</font></p>
        <p><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b>About Rick's 
              Cabaret:</b></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
              Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.exoticdancer.com/" target="_blank">ED Publications</a></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">, and owns the adult internet membership website </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.couplestouch.com">www.couplestouch.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> as well as a network of online adult auction sites under the flagship URL </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.naughtybids.com">www.naughtybids.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="mailto:ir@ricks.com">ir@ricks.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">.</font></p>
      <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Contact:  Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong></font></p> ]]></description><pubDate>Thu, 01 Apr 2010 05:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. And VCG Holding Corp. Extend Letter Of Intent To Merge March 31, 2010</title><link>http://www.ricks.com/pressreleases/239/pr.aspx</link><description><![CDATA[<br>
          HOUSTON &amp; DENVER - </b>(March 11, 2010) -<b>Rick's Cabaret International, 
          Inc.</b> <b><font color="993300">[<font size="3"><b><font color="993300">NASDAQ-GM:</font><a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a></b></font>]</font></b>,<strong>VCG Holding Corp. </strong><b><font color="993300">[<font size="3"><b><font color="993300">NASDAQ:</font></b></font></font></b> <a href="http://finance.yahoo.com/q?s=vcgh&fr=ush1-finance" target="_blank">VCGH</a><b><font color="993300">]</font></b> have ex</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">tended from March 12, 2010 until March 31, 2010 the Letter of Intent for a merger under which Rick's Cabaret would acquire the outstanding shares of VCG Holding to form the largest publicly traded operator of upscale gentlemen's clubs in North America. </font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In a joint announcement, <strong>Eric Langan</strong>, President and CEO of Rick's Cabaret and <strong>Troy Lowrie</strong>, Chairman and Chief Executive Officer of VCG Holding said they are committed to work toward execution of definitive documents as expeditiously as possible.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Additional Information and Where to Find It</strong><br>
  In connection with the proposed merger, Rick's Cabaret International, Inc. (&quot;Ricks&quot;) and VCG Holding Corp. (&quot;VCG Holding&quot;) intend to file documents relating to the transaction with the SEC, including a registration statement containing a joint proxy statement/prospectus on Form S-4 to be filed by Rick's. Investors are urged to read the joint proxy statement/prospectus regarding the proposed merger, if and when it becomes available, because it will contain important information. When it becomes available, shareholders and other investors will be able to obtain a free copy of the joint proxy statement/prospectus, and are able to obtain free copies of other filings and furnished materials containing information about Rick's and VCG Holding at the SEC's internet website at www.sec.gov. Copies of the joint proxy statement/prospectus, when it becomes available, and any SEC filings incorporated by reference in the joint proxy statement/prospectus can also be obtained, without charge, by directing a request to Rick's Cabaret International, Inc., 10959 Cutten Road, Houston, Texas, 77066, telephone (281) 397-6730, Attention: Phil Marshall, or to VCG Holding Corp., 390 Union Boulevard, Suite 540, Lakewood, Colorado 80228, telephone (303) 934-2424, Attention: Courtney Cowgill.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Interests of Participants in the Solicitation of Proxies</strong><br>
  Each of the Rick's and VCG Holding and their respective directors and executive officers may be deemed to be &quot;participants&quot; in the solicitation of proxies in respect of the proposed transaction under SEC rules. Information regarding Rick's directors and executive officers is available in its definitive proxy statement on Schedule 14A filed with the SEC on July 7, 2009 and in its annual report on Form 10-K filed with the SEC on December 17, 2009 and information regarding VCG Holding's directors and executive officers is available in its definitive proxy statement on Schedule 14A filed with the SEC on April 30, 2009. Copies of these documents can be obtained, without charge, at the SEC's internet website at www.sec.gov or by directing a request to the Rick's or VCG Holding, as applicable, at the addresses above. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC when they become available.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Forward Looking Statements</strong><br>
  Certain statements contained in this press release regarding Rick's and VCG Holding's future operating results or performance or business plans or prospects and any other statements not constituting historical fact are &quot;forward-looking statements&quot; subject to the safe harbor created by the Private Securities Litigation reform Act of 1995. Where possible, the words &quot;believe,&quot; &quot;expect,&quot; &quot;anticipate,&quot; &quot;intent,&quot; &quot;would,&quot; &quot;will,&quot; &quot;planned,&quot; &quot;estimated,&quot; &quot;potential,&quot; &quot;goal,&quot; &quot;outlook,&quot; and similar expressions, as they relate to either company or their management have been used to identify such forward-looking statements. All forward-looking statements reflect only current beliefs and assumptions with respect to future business plans, prospects, decisions and results, and are based on information currently available to the companies. Accordingly, the statements are subject to significant risks, uncertainties and contingencies, which could cause the companies' actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by, these statements. Such risks, uncertainties and contingencies include, but are not limited to, statements about the benefits of the merger, including future financial and operating results, the companies' plans, objectives and expectations and other intentions and other statements that are not historical facts. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: (1) the risk of the failure of the companies' shareholders to approve the merger; (2) the risk that the businesses would not be integrated successfully; (3) the risk that the cost savings and any revenue synergies from the merger may not be fully realized or may take longer to realize than expected; (4) the risk that Rick's applicable average trailing twenty day average stock price per share may not equal or exceed $8.00 pursuant to the formula in the merger agreement; (5) the applicable disruption from the merger may make it more difficult to maintain relationships with customers, employees ore suppliers; and general economic conditions and uncertainties or consumer sentiment in the companies' markets. Additional factors that could cause the companies' results to differ materially from those described in the forward-looking statements are described in Rick's annual report on Form 10-K filed with the SEC December, 17, 2009 and VCG Holding's annual report on Form 10-K, as amended, filed with the SEC June 10, 2009, and Rick's and VCG Holding's other periodic and current reports filed with the SEC from time to time and available on the SEC's internet website at www.sec.gov. Unless required by law, neither Rick's nor VCG Holding undertakes any obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.</font></p>
        <p><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b>About Rick's 
              Cabaret:</b></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.exoticdancer.com/" target="_blank">ED Publication</a></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">, and owns the adult internet membership website </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.couplestouch.com">www.couplestouch.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> as well as a network of online adult auction sites under the flagship URL </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.naughtybids.com">www.naughtybids.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="mailto:ir@ricks.com">ir@ricks.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">.</font></p>
        <p><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b>About VCG Holding Corp.:</b></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
VCG Holding Corp. is an owner, operator, and consolidator of adult nightclubs throughout the United States. The Company currently owns 20 adult nightclubs located in Anaheim, Indianapolis, St. Louis, Denver, Colorado Springs, Ft. Worth, Dallas, Raleigh, Minneapolis, Louisville, Miami, and Portland, ME.  For further information visit <a href="http://www.vcgh.com" target="_blank">www.vcgh.com</a>.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Contact: Rick's Cabaret International, Inc.: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a>, or VCG Holding Corp.: Courtney Cowgill, 303-934-2424, <a href="mailto:ccowgill@vcgh.com">ccowgill@vcgh.com</a>.</strong></font></p>]]></description><pubDate>Thu, 11 Mar 2010 06:00:00 GMT</pubDate></item><item><title>Rick's Cabaret International, Inc. Reports Record $7.65 Million Nightclub Sales In February; Same Club Comps Rise 28.2%</title><link>http://www.ricks.com/pressreleases/238/pr.aspx</link><description><![CDATA[<br>
          HOUSTON - </b>(March 9, 2010) -<b>Rick's Cabaret International, 
          Inc.</b> <b><font color="993300">[<font size="3"><b><font color="993300">NASDAQ-GM:</font><a href="http://finance.yahoo.com/q?s=rick&amp;d=t">RICK</a></b></font>]</font></b>,the nation's premier operator of upscale gentlemen's clubs, said sales at its nightclubs in February were $7.65 million, a 34.7 percent increase over sales of $5.58 million in February 2009.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Revenues at clubs open more than 12 months were $7.15 million, a 28.2 percent increase over sales of $5.58 million recorded at those clubs in February 2009. </font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">&quot;We had the anticipated positive results during the Super Bowl and Pro Bowl weekends in Miami and the NBA All-Star Game in Dallas, which together contributed an estimated $1 million in additional revenues,&quot; said Eric Langan, President and CEO of Rick's Cabaret International. &quot;We are also pleased that we achieved strong results despite severe snowstorms in several markets that often made it difficult for customers to get to our clubs. Aggressive marketing programs in the first quarter have paid off and we are continuing to benefit from them even though marketing spending has been cut dramatically.&quot; </font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Mr. Langan said that while the company continues to battle the effects of weak economic conditions in certain markets, particularly Philadelphia and Charlotte, the overall trend of the company's nightclubs reflects higher numbers of entertainers generally and more customers coming to the clubs, who are spending more on drinks and entertainment than they were a year ago.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">On February 16, 2010 Rick's Cabaret International, Inc announced it had signed a letter of intent to acquire the outstanding shares of VCG Holding Corp. (NASDAQ: VCGH) to form the largest publicly traded operator of upscale gentlemen's clubs in North America. The two companies are working on definitive documents for this transaction. </font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Additional Information and Where to Find It</strong><br>
  In connection with the proposed merger, Rick's Cabaret International, Inc. (&quot;Ricks&quot;) and VCG Holding Corp. (&quot;VCG Holding&quot;) intend to file documents relating to the transaction with the SEC, including a registration statement containing a joint proxy statement/prospectus on Form S-4 to be filed by Rick's. Investors are urged to read the joint proxy statement/prospectus regarding the proposed merger, if and when it becomes available, because it will contain important information. When it becomes available, shareholders and other investors will be able to obtain a free copy of the joint proxy statement/prospectus, and are able to obtain free copies of other filings and furnished materials containing information about Rick's and VCG Holding at the SEC's internet website at www.sec.gov. Copies of the joint proxy statement/prospectus, when it becomes available, and any SEC filings incorporated by reference in the joint proxy statement/prospectus can also be obtained, without charge, by directing a request to Rick's Cabaret International, Inc., 10959 Cutten Road, Houston, Texas, 77066, telephone (281) 397-6730, Attention: Phil Marshall, or to VCG Holding Corp., 390 Union Boulevard, Suite 540, Lakewood, Colorado 80228, telephone (303) 934-2424, Attention: Courtney Cowgill.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Interests of Participants in the Solicitation of Proxies</strong><br>
  Each of the Rick's and VCG Holding and their respective directors and executive officers may be deemed to be &quot;participants&quot; in the solicitation of proxies in respect of the proposed transaction under SEC rules. Information regarding Rick's directors and executive officers is available in its definitive proxy statement on Schedule 14A filed with the SEC on July 7, 2009 and in its annual report on Form 10-K filed with the SEC on December 17, 2009 and information regarding VCG Holding's directors and executive officers is available in its definitive proxy statement on Schedule 14A filed with the SEC on April 30, 2009. Copies of these documents can be obtained, without charge, at the SEC's internet website at www.sec.gov or by directing a request to the Rick's or VCG Holding, as applicable, at the addresses above. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC when they become available.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Forward Looking Statements</strong><br>
  Certain statements contained in this press release regarding Rick's and VCG Holding's future operating results or performance or business plans or prospects and any other statements not constituting historical fact are &quot;forward-looking statements&quot; subject to the safe harbor created by the Private Securities Litigation reform Act of 1995. Where possible, the words &quot;believe,&quot; &quot;expect,&quot; &quot;anticipate,&quot; &quot;intent,&quot; &quot;would,&quot; &quot;will,&quot; &quot;planned,&quot; &quot;estimated,&quot; &quot;potential,&quot; &quot;goal,&quot; &quot;outlook,&quot; and similar expressions, as they relate to either company or their management have been used to identify such forward-looking statements. All forward-looking statements reflect only current beliefs and assumptions with respect to future business plans, prospects, decisions and results, and are based on information currently available to the companies. Accordingly, the statements are subject to significant risks, uncertainties and contingencies, which could cause the companies' actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by, these statements. Such risks, uncertainties and contingencies include, but are not limited to, statements about the benefits of the merger, including future financial and operating results, the companies' plans, objectives and expectations and other intentions and other statements that are not historical facts. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: (1) the risk of the failure of the companies' shareholders to approve the merger; (2) the risk that the businesses would not be integrated successfully; (3) the risk that the cost savings and any revenue synergies from the merger may not be fully realized or may take longer to realize than expected; (4) the risk that Rick's applicable average trailing twenty day average stock price per share may not equal or exceed $8.00 pursuant to the formula in the merger agreement; (5) the applicable disruption from the merger may make it more difficult to maintain relationships with customers, employees ore suppliers; and general economic conditions and uncertainties or consumer sentiment in the companies' markets. Additional factors that could cause the companies' results to differ materially from those described in the forward-looking statements are described in Rick's annual report on Form 10-K filed with the SEC December, 17, 2009 and VCG Holding's annual report on Form 10-K, as amended, filed with the SEC June 10, 2009, and Rick's and VCG Holding's other periodic and current reports filed with the SEC from time to time and available on the SEC's internet website at www.sec.gov. Unless required by law, neither Rick's nor VCG Holding undertakes any obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.</font></p>
        <p><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b>About Rick's 
              Cabaret:</b></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names &quot;Rick's Cabaret,&quot; &quot;XTC,&quot; &quot;Club Onyx&quot; and &quot;Tootsie's Cabaret&quot;. Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.exoticdancer.com/" target="_blank">ED Publication</a></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">, and owns the adult internet membership website </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.couplestouch.com">www.couplestouch.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> as well as a network of online adult auction sites under the flagship URL </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.naughtybids.com">www.naughtybids.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact </font><font face="Verdana, Arial, Helvetica, sans-serif"><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"><a href="mailto:ir@ricks.com">ir@ricks.com</a></font></font></font></font></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">.</font></p>
        <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Contact: Rick's Cabaret International, Inc.: Allan Priaulx, 212-338-0050, <a href="mailto:allan@ricks.com">allan@ricks.com</a></strong></font></p>]]></description><pubDate>Tue, 09 Mar 2010 06:00:00 GMT</pubDate></item></channel></rss>