Kings Road Entertainment, Inc., along with its three wholly owned subsidiaries, is engaged in the development, financing and production of feature films for subsequent distribution in theaters, to pay, network and syndicated television, on home video, and in other ancillary media in the United States and all other countries and territories of the world. As of April 30, 2009, the Company was developing approximately 15 properties. As of April 30, 2009, the Company had produced (or co-produced) 25 feature films, 18 of which were theatrically released in the domestic market, and seven of which were released directly to video or pay television in the domestic market. The Company’s wholly owned subsidiary, Ticker, Inc., was inactive during the fiscal year ended April 30, 2009 (fiscal 2009). The Company’s wholly owned subsidiary, Big Easy II Film, LLC was also inactive during fiscal 2009.