OFFICE OF THE UNITED STATES TRUSTEE Exhibit 99.1 PAGE 1 CENTRAL DISTRICT OF CALIFORNIA
------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF THE UNITED STATES TRUSTEE Exhibit 99.1
PAGE ▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
)
IN RE: ) DEBTOR IN POSSESSION INTERIM STATEMENT
)
PREMIER CONCEPTS, INC., ) STATEMENT NO.: 14
) FOR THE PERIOD FROM: 11/1/2004
DEBTOR ) TO: 11/30/2004
)
---------------------------------------------) --------------------------------
) Direct Deposit Pre-Petition
--------------------------------------------- --------------------- ------------------------------------------------------------
CHAPTER 11 CASE NO. LA 03-36445-BR ) Operations Payroll Tax Merchant Operations
--------------------------------------------- Account Account Account Account Account
)
--------------------------------------------- --------------------- ------------------------------------------------------------
CASH ACTIVITY ANALYSIS
--------------------- ------------------------------------------------------------
A. Total Receipts Per All Prior Interim
Statements 5,268,442.25 1,775,859.15 75,200.00 3,604,314.94 585,208.99
B. Less: Total Disbursements Per All Prior
Interim Statements 5,243,792.07 1,772,111.44 75,127.07 3,599,622.87 585,208.99
--------------------- ------------------------------------------------------------
C. Beginning Balance 24,650.18 3,747.71 72.93 4,692.07 -
--------------------- ------------------------------------------------------------
D. Receipts During Current Period
Per Attached Schedule 966,416.66 159,000.00 - 219,115.71 -
--------------------- ------------------------------------------------------------
E. Balance Available 991,066.84 162,747.71 72.93 223,807.78 -
--------------------- ------------------------------------------------------------
F. Less: Disbursements During Period
Per Attached Schedule 463,841.29 135,018.41 10.00 175,476.94 -
--------------------- ------------------------------------------------------------
G. Ending Balance 527,225.55 27,729.30 62.93 48,330.84 -
--------------------- ------------------------------------------------------------
account was
closed on
2/11/2004
H. ACCOUNT INFORMATION
(1). General (Operations) Account
(a) Depository Name and Location ▇▇▇▇▇ Fargo Bank, Austin, Texas
(b) Account Number 9488914509
(2). Payroll Account
(a) Depository Name and Location ▇▇▇▇▇ Fargo Bank, Austin, Texas
(b) Account Number 5393677454
(3). Tax Account
(a) Depository Name and Location ▇▇▇▇▇ Fargo Bank, Austin, Texas
(b) Account Number 5393677462
(4). Direct Deposit Merchant Account
(a) Depository Name and Location ▇▇▇▇▇ Fargo Bank, Austin, Texas
(b) Account Number 5393677447
(4). Pre-Petition General Account
- for Deposit only
(a) Depository Name and Location Texas Bank, Grapevine, Texas
(b) Account Number 630001812
I. Other Monies On Hand:
I, ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, President of Premier Concepts, Inc., declare under penalty
of perjury that the information contained in the above Debtor in Possession
Interim Statement is true and complete to the best of my knowlege:
Dated: Signed:
--------------------------------------------- -----------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Revised June 1987 INTERIM STATEMENT UST-14
------------------------------------------------------------------------------------------------------------------------------------
PAGE 2
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
RECEIPTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
----------------------------
ACCT: OPERATIONS AMOUNT
-----------------------------------------------------------------------------------------------------------------------
Transfer from WFB Merchant* 168,000.00
Sweep from Retail Store accounts* 23,000.00
Funding from Dimitri 85,000.00
Funding from USN 690,000.00
Misc. Deposit (Sales) 416.66
----------------------------
TOTAL 966,416.66
============================
*see retail store bank statements.
PAGE 3
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
RECEIPTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
---------------------------
ACCT: PAYROLL AMOUNT
-----------------------------------------------------------------------------------------------------------------
Transfer from WFB Checking* 152,000.00
Transfer from WFB Merchant* 7,000.00
---------------------------
TOTAL 159,000.00
===========================
* see attached bank statement
PAGE 4
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
RECEIPTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
---------------------------
ACCT: TAX AMOUNT
-----------------------------------------------------------------------------------------------------------------
Transfer from WFB Checking*
---------------------------
TOTAL -
===========================
PAGE 5
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
RECEIPTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
---------------------------
ACCT: DIRECT DEPOSIT MERCHANT ACCOUNT AMOUNT
-----------------------------------------------------------------------------------------------------------------
Merchant deposits* 219,115.71
---------------------------
TOTAL 219,115.71
===========================
* see attached bank statement
PAGE 6
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
RECEIPTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
----------------------------
ACCT: Texas Bank OPERATIONS AMOUNT
------------------------------------------------------------------------------------------------------------------
None
----------------------------
TOTAL -
============================
PAGE 7
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
DISBURSEMENTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
ACCT: OPERATIONS
------------------------------------------------------------------------------------------------------------------------
PAYEE DESCRIPTION AMOUNT CHECK NO. DATE
------------------------------------------------------------------------------------------------------------------------
Transfer to WFB Payroll* 152,000.00
Bank Fees 81.67
Payment ** 311,759.62
-----------------
TOTAL 463,841.29
=================
*see attached bank statement
**see attached check register detail
PAGE 8
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
DISBURSEMENTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
ACCT: PAYROLL
------------------------------------------------------------------------------------------------------------------------
PAYEE DESCRIPTION AMOUNT CHECK NO. DATE
------------------------------------------------------------------------------------------------------------------------
Payroll payment* 134,626.70
Bank fees 391.71
-----------------
TOTAL 135,018.41
=================
*see attached bank statement
PAGE 9
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
DISBURSEMENTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
ACCT: TAX
------------------------------------------------------------------------------------------------------------------------
PAYEE DESCRIPTION AMOUNT CHECK NO. DATE
------------------------------------------------------------------------------------------------------------------------
Payment
Bank Fee 10.00
--------------------
TOTAL 10.00
====================
PAGE 10
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
DISBURSEMENTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
ACCT: DIRECT DEPOSIT MERCHANT ACCOUNT
------------------------------------------------------------------------------------------------------------------------
PAYEE DESCRIPTION AMOUNT CHECK NO. DATE
------------------------------------------------------------------------------------------------------------------------
Transfer to WFB Checking* 168,000.00
Transfer to WFB Payroll* 7,000.00
Bank Fees 1.94
Merchant Fees 475.00
--------------------
TOTAL 175,476.94
====================
*see attached bank statement
PAGE 11
CASE NAME: PREMIER CONCEPTS, INC.
CASE NUMBER: LA 03-36445-BR
STATEMENT NO.: 14
DISBURSEMENTS FOR THE PERIOD FROM: 11/1/2004
TO: 11/30/2004
ACCT: Texas Bank Operations
------------------------------------------------------------------------------------------------------------------------
PAYEE DESCRIPTION AMOUNT CHECK NO. DATE
------------------------------------------------------------------------------------------------------------------------
--------------------
TOTAL -
====================
PAGE 12
------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF THE UNITED STATES TRUSTEE
------------------------------------------------------------------------------------------------------------------------------------
IN RE: ) DEBTOR IN POSSESSION OPERATING REPORT
-------------------------------------
)
PREMIER CONCEPTS, INC., ) REPORT NUMBER 14 Page 1 of 3
) FOR THE PERIOD FROM: 11/1/2004
DEBTOR ) TO: 11/28/2004
----------------------------------------------------------------
)
----------------------------------------------------------
CHAPTER 11 CASE NO. LA 03-36445-BR )
----------------------------------------------------------
1. PROFIT AND LOSS STATEMENT
A. Related to Business Operations:
Gross Sales -- --
Less Sales Returns and Discounts
----------------
Net Sales 241,552
------------------
Less: Cost of Goods Sold
Beginning Inventory at Cost
----------------
Add: Purchases
----------------
Less: Ending Inventory at Cost
----------------
Cost of Goods Sold 77,990
------------------
Gross Profit 163,562
----------------
Other Operating Revenue (Specify)
Less: Operating Expenses
Officer Compensation
----------------
Salaries & Wages - Other Employees -- --
----------------
Total Salaries & Wages 126,524
------------------
Employee Benefits
Payroll Taxes
----------------
Real Estate Taxes
----------------
Federal and State Income Taxes -- --
----------------
Total Taxes 18,562
------------------
Rent and Lease Exp. (Real and Personal Property) 105,174
----------------
Interest Expense (Mortgage, Loan, etc.) --
----------------
Insurance 2,384
----------------
Automobile Expense --
----------------
Utilities (Gas, Electric, Water, Telephone, etc.) 3,837
----------------
Depreciation and Amortization --
----------------
Repairs and Maintenance 990
----------------
Advertising --
----------------
Supplies, Office Expenses, Photocopies, etc.* 6,494
----------------
Bad Debts --
----------------
Miscellaneous Operating Expenses (Specify) --
----------------
Total Operating Expenses 294,694
----------------
* Reversal of prior year accrual at Year-end.
Net Gain/(Loss) from Business Operations (100,403)
----------------
B. Not Related to Business Operations
Income:
Interest Income - interest on Bond
----------------
Other Non-Operating Revenues, Gain on Invest.
----------------
Gross Proceeds on Sale of Assets
----------------
Less: Original Cost of Assets plus Expenses of Sale
----------------
Net Gain/(Loss) on Sale of Assets
----------------
Total Non-Operating Income --
------------------
Expenses Not Related to Business Operations:
Legal and Professional Fees --
----------------
Other Non-Operating Expenses, Loss on Investment
----------------
Total Non-Operating Expenses --
------------------
NET INCOME /(LOSS) FOR PERIOD (100,403)
================
NOTE: DEBTOR KEEPS ITS BOOKS ON A FOUR-WEEK MONTHLY CYCLE TO ACCOMMODATE ITS RETAIL BUSINESS. ACCOUNTING
PERIOD FOR THIS REPORT IS NOVEMBER 1, 2004 TO NOVEMBER 28, 2004
------------------------------------------------------------------------------------------------------------------------------------
Revised April 1989 OPERATING REPORT UST-14
------------------------------------------------------------------------------------------------------------------------------------
PAGE 13
-------------------------------------------------------------------------------------------------------------------------
DEBTOR IN POSSESSION OPERATING REPORT NO. 14
-------------------------------------------------------------------------------------------------------------------------
Page 2 of 3
2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):
---------------------------------------
Accounts Payable Accounts Receivable
---------------------------------------
Current Under 30 days $ 107,760 $ --
Overdue 31 - 60 days $ 142,698 $ --
Overdue 61 - 90 days $ 108,293 $ --
Overdue 91 - 120 days $ 106,317 $ --
Overdue 121 + days $ 444,949 $ --
Total $ 910,017 $ --
---------------------------------------
3. Statement of Status of Payments to Secured Creditors and Lessors:
-------------------------------------------------------------------------------------------------------------------------
Post-Petition
Frequency of Payments Not Made
Payments per Amount of ------------------------------
Creditor/Lessor Lease/Contract Each Payment Next Payment Due Number Amount
-------------------------------------------------------------------------------------------------------------------------
SEE ATTACHED LIST OF PAYMENTS TO LESSORS
Totals for Lessors Monthly $ 104,184 Dec-04 see attached $ 61,449
▇▇▇▇▇ ▇▇▇▇▇▇ Monthly $ 1,500 Dec-04 3 $ 4,500
Stephlaur Monthly $ 370 Dec-04
BankOne Monthly $ 700 Dec-04
-------------------------------------------------------------------------------------------------------------------------
4. Tax Liability:
Gross Payroll Expense For Period $ 157,253
Gross Sales for Period Subject to Sales Tax $ 241,552
--------------------------------------------------------------------------
Post Petition Taxes
Date Paid Amount Paid * Still Owing
--------------------------------------------------------------------------
Federal Payroll and Withholding Taxes $ 0.00 $ 9,107
State Payroll and Withholding Taxes $ 0.00 $ 1,199
State Sales and Use Tax $ 0.00 Jan-Nov $ 171,387
Real Property Taxes $ 0.00
--------------------------------------------------------------------------
* Attach photocopies of depository receipts from taxing authority or financial
institution to verify that such deposits or payments have been made.
5. Insurance Coverage
--------------------------------------------------------------------------
Carrier/ Amount of Policy Premium Paid
Agent Coverage Exp. Date Thru Date
--------------------------------------------------------------------------
Worker's Compensation Venbrook/Hartford 1,000,000 10/10/05 10/10/04
Worker's Compensation - CA Venbrook/Hartford 1,000,000 12/19/05 12/19/04
Worker's Compensation - FL Venbrook/Zenith 1,000,000 11/18/05 8/1/05
Liability Venbrook/Hartford 1,000,000 10/7/05 10/7/04
Umbrella Policy Venbrook/Hartford 5,000,000 10/10/05 10/7/04
Property Venbrook/Hartford 2,800,000 10/7/05 10/7/04
Property - FL Lloyds of London/Hartford 325,000 11/4/05 11/4/04
Liability - FL Venbrook/Hartford 1,000,000 11/4/05 11/4/04
Life (Beneficiary:________________)
Vehicle
Other
--------------------------------------------------------------------------
PAGE 14
------------------------------------------------------------------------------------------------------------------------
DEBTOR IN POSSESSION OPERATING REPORT NO. 14
------------------------------------------------------------------------------------------------------------------------
Page 3 of 3
6. Questions:
A. Has the Trustee provided to any officers, directors,
shareholders, or other principals compensation without the
approval of the Office of the United States Trustee?
_____ : Yes Explain: _______________________________________________________
X : No
B. Has the Trustee, subsequent to the filing of the petition made
any payments on its pre-petition unsecured debt, except as have
been authorized by the Court?
_____ : Yes Explain: _______________________________________________________
X : No
7. Statement of Unpaid Professional Fees (Post-Petition Only):
------------------------------------------------------------------------
Type Post-Petition
Name of Professional Professional Unpaid Total
------------------------------------------------------------------------
▇▇▇▇▇▇▇▇, Diamant & ▇▇▇▇▇▇▇▇▇* Debtor's attorneys 202,105
Archetype Group ** Management Fees 412,000
------------------------------------------------------------------------
**Archetype Group is in the process of being employed as Debtor's business
consultants.
8. Narrative Report of Significant Events And Events Out Of The Ordinary Course
Of Business: None noted during reporting period.
9. Quarterly Fees: (This Fee must be paid to the United States Trustee every
calendar quarter)
------------------------------------------------------------------------------------------------------------------------
Quarterly
Quarterly Disbursements Quarterly Quarterly
Period Ending for Quarter Fee Date Paid Amount Paid Check No. Fee Still Owing
------------------------------------------------------------------------------------------------------------------------
4th Quarter 2003 $ 1,435,516.13 $ 5,000.00 2/23/2004 $ 5,000.00 10621 $ --
1st Quarter 2004 $ 1,427,084.54 $ 5,000.00 5/26/2004 $ 5,000.00 10980 $ --
2nd Quarter 2004 $ 1,273,189.26 $ 5,000.00 8/2/2004 $ 5,000.00 11096 $ --
▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ $ 975,946.25 $ 3,250.00 $ 3,250.00
------------------------------------------------------------------------------------------------------------------------
I, ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, President of Premier Concepts, Inc., declare under penalty of perjury that the information
contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.
Dated: ____________ Signed: ______________________________________________
PAGE 15
Premier Concepts, Inc.
Ch. 11 Case No. LA 03-36445-BR
OPERATING REPORT - ATTACHMENT NO. 14
--------------------------
POST PETITION PAYMENTS
NOT MADE
------------------------------------------------------------------------------------------------------------------------------------
Amt of Next
Store Monthly Pmt Payment
No. Store Landlord Due Number Total Amount
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
7 THE RIO- Elegent Pretenders Rio Hotel & Cansio, Inc. 4,000 11/1/2004
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇
▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
8 UNION STATION- Impostors ▇▇▇▇▇ Lang LaSalle 4,896 11/1/2004
▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇. N.E., Mgmt - Union Station
SP 236
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
9 VALLEY FAIR- Impostors Westfield - Valley Fair 9,275 11/1/2004
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇.
▇▇ ▇▇▇▇
▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇- Impostors Macerich Carmel L.P. 7,032 11/1/2004 4 28,129
Ocean Avenue between Mission
and ▇▇▇▇▇▇▇▇
▇▇▇▇▇▇-By-The-Sea, CA
------------------------------------------------------------------------------------------------------------------------------------
12 HARBOR PLACE- Impostors ▇▇▇▇▇/Harborplace 6,515 11/1/2004
201 ▇. ▇▇▇▇▇, SP 16 Associatest
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
14 PALM DESERT- Impostors Westfield Palm Desert 125,867 11/1/2004
▇▇-▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇, ▇▇ ▇▇▇
▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
17 STONERIDGE- Impostors Taubman/ 8,974 11/1/2004
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Properties LLC
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇- ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ 2,500 11/1/2004
▇▇▇▇ ▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
21 FISHERMANS WHARF- Impostors Anchorage Enterprise 8,000 Store open
▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ #▇▇▇ LLC in July 04
▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇- Impostors Union Square Store Closed
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Building/Brettt & in Jan 04
▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Company
PAGE 16
------------------------------------------------------------------------------------------------------------------------------------
24 WHITE FLINT- Impostors ▇▇▇▇▇▇ Corporation 7,570 11/1/2004
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, SP 1-4.11 White ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
25 TOWSON TOWN CENTER- Impostors Towson Town Center LLC 5,059 11/1/2004
▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇., ▇▇ ▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇- ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ LLC 8,273 11/1/2004
▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇.,
▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
30 THE ALADDIN- Joli Joli Boulevard Invest, LLC 9,352 11/1/2004
▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇. ▇▇▇▇▇
▇▇▇. ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
31 FASHION SQUARE- Impostors Scottsdale Fashion 6,062 11/1/2004
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ Square Partnership
K1-18
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
35 THE BORGATA- Impostors Westcor Store closed
▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇ ▇▇▇▇▇▇▇ Holding, in July 04
SP 705 LLC
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
38 COASTLAND CENTER- Impostors General 4,564 11/1/2004
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Center, LP
------------------------------------------------------------------------------------------------------------------------------------
40 MENLO PARK- Impostors 4666 ShoppingeCenter Store Closed 4 33,320
333 Menlo Park, SP 2235 Associates in Aug 04
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
41 SAWGRASS ▇▇▇▇▇- Impostors The Mills Store Closed
▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇., #▇▇▇▇ in Jan 04
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
PAGE 17
------------------------------------------------------------------------------------------------------------------------------------
43 THE FALLS - Impostors The Falls Shopping 6,245 11/1/2004
▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇.
▇▇▇▇
▇▇▇▇▇, ▇▇ ▇▇▇▇▇
------------------------------------------------------------------------------------------------------------------------------------
TOTAL 104,184 8 61,449
------------------------------------------------------------------------------------------------------------------------------------
PAGE 18
PREMIER CONCEPTS, INC.
AP AGING
11/28/2004
VENDOR ID AMOUNT CURRENT 31-60 61-90 ▇▇-▇▇▇ ▇▇▇+
------------------------------------------------------------------------------------------------------------------------------------
ABRA1282 -- -- -- -- -- --
ACC BUSI 0 0 -- -- -- --
ACEP0067 277.50 -- -- -- -- 277.50
ADP85062 -- -- -- -- -- --
ADVAN34104 -- -- -- -- -- --
AFFO4107 -- -- -- -- -- --
ALLE00247660029 11.90 -- -- -- -- 11.90
ALLE00247680237 160.25 -- -- -- -- 160.25
ALLE00247813745 7.09 -- -- -- -- 7.09
ALLE1283 -- -- -- -- -- --
ALLE1283 -- -- -- -- -- --
ALLE1283 -- -- -- -- -- --
ALLITTC161 -- -- -- -- -- --
ALLV0779 -- -- -- -- -- --
AMAX7036 6,711.00 -- -- -- -- 6,711.00
ARIZ0374 -- -- -- -- --
ARRO0253 74.00 74.00 -- -- -- --
ARRO2237 -- -- -- -- --
ARRO0025332081 -- --
ASHB94118 1,000.00 -- -- 1,000.00 --
ASPE21704 138.79 138.79
AT&TG0693 -- -- -- -- -- --
AT&TG7019 -- -- -- -- -- --
AT&T7019 464.70 464.70
AT&T0095 101.55 101.55
AT&T03043655520 -- -- -- -- -- --
AT&T05527169300 -- -- -- -- -- --
AT&T20037499333 -- -- --
BEAN22201 -- -- -- -- -- --
BELL95485197799 -- -- -- -- -- --
BELL0272 -- -- -- -- -- --
BELLS3052590993 -- -- -- -- -- --
BRIA8018 -- -- -- -- -- --
BUSLICENSE-030 -- -- -- -- -- --
BUSLICENSE-NV -- -- -- -- -- --
CANO0017 347.63 -- -- -- -- 347.63
CITY0170 682.61 -- -- -- 682.61 --
CITY0278 210.00 210.00 -- -- -- --
CITY0382 210.00 210.00 -- -- -- --
CLAS5815 -- -- -- -- -- --
CLAS5815 -- -- -- -- -- --
CLAS5815 -- -- -- -- -- --
CLAS5815 -- -- -- -- -- --
CLAS7192 5,011.42 -- -- -- -- 5,011.42
CLAY7033 6,990.74 4,475.00 2,515.74 -- -- --
CTCO90017 138.00 -- -- -- -- 138.00
DAVI4133 6,000.00 -- -- 1,500.00 1,500.00 3,000.00
DELL1294 -- -- -- -- -- --
DELU0123582601 1,218.00 0 1,218.00 -- -- --
DELL00359604450 1,106.60 -- -- -- -- 1,106.60
DELU0327 -- -- -- -- -- --
DELU0327 -- -- -- -- -- --
DESO0036 675.32 -- -- -- -- 675.32
EXTR102 127.00 0 127.00 -- -- --
PAGE 19
PREMIER CONCEPTS, INC.
AP AGING
11/28/2004
VENDOR ID AMOUNT CURRENT 31-60 61-90 ▇▇-▇▇▇ ▇▇▇+
------------------------------------------------------------------------------------------------------------------------------------
FINI0026 2,632.00 2,632.00 -- -- -- --
FIRS13398 780.00 -- 360.00 -- -- 420.00
FIRS38488 -- -- -- -- -- --
FIRS38405 309.25 -- -- -- -- 309.25
FIRS38495 -- -- -- -- -- --
FIRS38504 1,799.26 -- -- -- -- 1,799.26
FIRS38510 -- -- -- -- -- --
FIRS38513 101.64 -- -- -- 101.64 --
▇▇▇▇▇▇▇▇▇ 280.36 -- -- -- -- 280.36
FIRS38521 -- -- -- -- -- --
FIRS38540 -- -- -- -- --
FPL5241992345 -- -- -- -- -- --
FPL9126441345 205.00 205.00 -- -- -- --
GECA0992 -- -- -- -- -- --
GECA6976394001 -- -- -- -- -- --
GECA9019705001 5,920.10 -- -- -- -- 5,920.10
GLOB0204026915 582.37 -- -- -- 179.89 402.48
GOVD55101 19.99 -- -- -- -- 19.99
GTEC0028 -- -- -- -- -- --
HART7015 2,449.35 -- -- -- -- 2,449.35
IDES62 588.00 588.00 -- -- -- --
IEM1845262 192.19 -- -- -- 66.00 126.19
IEM2567244 97.50 -- -- -- 32.50 65.00
IEM3054356 37.95 -- -- -- 37.95 --
IEM3323089 60.00 -- -- -- 20.00 40.00
IMAG0144 6,957.58 -- -- -- 6,957.58
JEFF8036 43.29 -- -- -- -- 43.29
JOSK7079 2,894.55 -- -- -- -- 2,894.55
KYOE7021 1,999.20 -- -- -- -- 1,999.20
▇▇▇'▇ Import, Inc. 3,675.00 -- -- -- -- 3,675.00
LUCA0026 -- -- -- -- -- --
MARC1183 2,950.00 -- -- -- -- 2,950.00
MARL0001 -- -- -- -- -- --
MARL146187 1,848.67 -- -- -- -- 1,848.67
MIAM5065768200 -- -- -- -- -- --
MIAMI33178 -- -- -- -- -- --
MICH2069 -- -- -- -- -- --
MONS1189 1,642.20 -- -- -- -- 1,642.20
MWBB577614 649.23 -- -- 649.23 -- --
NADE77100 235.00 -- -- -- -- 235.00
NEW 4,212.00 4,212.00 -- -- -- --
OLYM0059 45.00 -- -- -- -- 45.00
OLYM0589 45.00 -- -- 45.00 -- --
OLYM20107 -- -- -- -- -- --
PACI0043 -- -- -- -- -- --
PACI0043 486.68 -- -- -- -- 486.68
PACI0048 67.27 -- -- -- 67.27 --
PALE0013 1,901.93 -- -- -- -- 1,901.93
PARK91604 9,550.35 -- -- -- -- 9,550.35
PEPCO0108690561 -- -- -- -- -- --
PEPC2002252167 187.77 -- -- -- 187.77 --
PG&E53943146596 -- -- -- -- -- --
PG&E61545932479 -- -- -- -- -- --
PING1803 -- -- -- -- -- --
PAGE 20
PREMIER CONCEPTS, INC.
AP AGING
11/28/2004
VENDOR ID AMOUNT CURRENT 31-60 61-90 ▇▇-▇▇▇ ▇▇▇+
------------------------------------------------------------------------------------------------------------------------------------
POTO0178 -- -- -- -- -- --
PRIN 841.00 841.00 -- -- -- --
PROPTAX-38 -- -- -- -- -- --
PROPTAX-09 2,089.28 -- -- -- -- 2,089.28
PUBL0157 -- -- -- -- -- --
PUBL0678 -- -- -- -- -- --
PUBL6416459 234.00 -- -- -- 234.00 --
QWES30379904370 -- -- -- -- -- --
QWES48059614223 -- -- -- -- -- --
QWES48097010821 -- -- -- -- -- --
REEV7144 29,227.11 -- -- -- 9,386.56 19,840.55
RENT007 4,000.00 4,000.00 -- -- -- --
RENT011 3,000.00 -- 3,000.00 -- -- --
RENT025 -- -- -- -- --
RENT025 -- -- -- -- --
RENT030 18,704.00 -- 18,704.00 -- -- --
RENT035 22,139.50 -- -- -- 22,139.50
RENT038 1,000.00 1,000.00 -- -- --
RENT040 27,677.00 -- 8,232.73 -- 19,444.27
ROBI0067 202,104.33 -- 49,875.00 -- -- 152,229.33
SALESTAX-FL 643.99 -- -- -- 643.99
SBC408615902224 -- -- -- -- --
SBC408985790003 -- -- -- -- --
SBC4159319066 -- -- -- -- --
SBC7506565949 -- -- -- -- --
SBC831624317607 -- -- -- -- --
SBC925463856971 -- -- -- -- --
SBC960757508955 251.03 -- 233.00 -- 18.00 0.03
SEAS7145 5,320.52 -- -- -- -- 5,320.52
SOUT2255526808 -- -- -- -- -- --
SENT13680010 -- -- -- -- -- --
SENT0204 -- -- -- -- -- --
SOUT0093 -- -- -- -- -- --
SPRI0363 -- -- -- -- -- --
SPRI0371 -- -- -- -- -- --
SPRI23964311307 -- -- -- -- -- --
SPRI70286662380 -- -- -- -- -- --
STEP0211 -- -- -- -- -- --
STOR92027 240.00 -- -- -- -- 240.00
TELECHE05184999 386.44 -- -- -- -- 386.44
TELE20804000 20.00 -- -- -- -- 20.00
THED10041 1,950.00 -- -- -- -- 1,950.00
THEC60678 58.20 -- -- -- -- 58.20
THEH 1,607.00 1,607.00 -- -- -- --
TUCK 5,829.00 -- 5,829.00 -- -- --
UNIV0454 -- -- -- -- -- --
UNIV0454 -- -- -- -- -- --
UNIV0454 -- -- -- -- -- --
UNIV0454 -- -- -- -- -- --
UNIV0454 -- -- -- -- -- --
UNIV0454 -- -- -- -- -- --
UNIV0454 -- -- -- -- -- --
UNIV152796 139.12 -- 39.00 -- -- 100.12
UNIV152799 131.00 -- 57.00 -- -- 74.00
PAGE 21
PREMIER CONCEPTS, INC.
AP AGING
11/28/2004
VENDOR ID AMOUNT CURRENT 31-60 61-90 ▇▇-▇▇▇ ▇▇▇+
------------------------------------------------------------------------------------------------------------------------------------
UNIV152799 131.00 -- 57.00 -- -- 74.00
UNIV153081 116.00 -- 32.00 -- -- 84.00
UNIV156454 124.08 -- 41.00 -- -- 83.08
UPS0087BJ -- -- -- -- -- --
UPS-0023 36.50 -- -- -- -- 36.50
UPS8US0411253 1,162.99 -- -- -- -- 1,162.99
UPSC0104 -- -- -- -- -- --
UPSC0104 -- -- -- -- -- --
UPS-R5460 -- -- -- -- -- --
UPS-R5460 -- -- -- -- -- --
UPS-R5460 -- -- -- -- -- --
UPS-R5460 -- -- -- -- -- --
UPSY6959 63.43 -- -- -- -- 63.43
USN 0503 -- -- -- -- -- --
USTR 3,750.00 -- 3,750.00 -- -- --
USWE0604 -- -- -- -- -- --
V&VT33160 11,263.14 -- -- -- -- 11,263.14
VERI00074327897 8.39 -- -- -- 8.39 --
VERI00077708252 3.04 -- -- -- -- 3.04
VERI00093936414 194.53 -- -- -- 62.50 132.03
VERI8023741 42.35 -- -- -- 42.35 --
VERI90871912111 110.00 110.00 -- -- -- --
VERI03052716275 -- -- -- -- -- --
VORTEX 777.60 -- -- -- -- 777.60
WAST08200000642 -- -- -- -- -- --
WAST19400633842 -- -- -- -- -- --
WAST20000003062 74.64 -- -- -- -- 74.64
WEST9102 -- -- -- -- -- --
WOOD0151 170.37 -- -- -- -- 170.37
YELL92812 177.00 -- -- -- 177.00 --
ZIRC12290 3,361.76 -- -- -- -- 3,361.76
XERO0618 -- -- -- -- -- --
-------------------------------------------------------------------------------------
Subtotal 435,681.38 20,164.00 85,780.74 11,426.96 12,804.43 305,505.25
Accrued Payroll -- -- -- -- -- --
Accrued vacation 23,000.00 23,000.00 -- -- -- --
Accrued Sales Tax 162,574.00 13,388.97 16,210.09 17,173.77 19,049.90 96,751.27
Archetype Group 430,336.00 58,336.00 40,000.00 40,000.00 40,000.00 252,000.00
USN 60,000.00 -- 10,000.00 50,000.00 -- --
▇▇▇▇▇▇▇▇,Diamant 20,000.00 10,000.00 10,000.00 -- -- --
Accrued audit 71,000.00 4,000.00 6,000.00 5,000.00 36,000.00 20,000.00
Accrued Utilities/Phone 10,000.00 10,000.00 -- -- -- --
Accrued office exp / Shipping 2,500.00 2,500.00 -- -- -- --
Accrued Temp -- -- -- -- -- --
Accrued T&E -- -- -- -- -- --
Accrued Insurance -- -- -- -- -- --
Accrued credit counsel -- -- -- -- -- --
Accrued trustee fee -- -- -- -- -- --
Accrued permit / license 5,000.00 5,000.00 -- -- -- --
Accrued Store Rent 89,450.00 24,708.00 24,708.00 24,693.00 15,341.00 --
Accrued - Misc 5,000.00 5,000.00 -- -- -- --
AMAX International -- -- -- -- -- --
Classic Imports as of 3/31/04 -- -- -- -- -- --
Malossi (▇▇▇ ▇▇▇▇▇▇▇▇) 7,103.00 -- -- -- 7,103.00 --
MyHope PO 50, 51 balance -- -- -- -- -- 2,420.50
PAGE 22
PREMIER CONCEPTS, INC.
AP AGING
11/28/2004
VENDOR ID AMOUNT CURRENT 31-60 61-90 ▇▇-▇▇▇ ▇▇▇+
------------------------------------------------------------------------------------------------------------------------------------
▇▇▇▇▇ Jewelry -- -- -- -- -- --
▇▇▇▇▇▇ $4K pmt plan due 6/11 -- -- -- -- -- --
SD Jewelry 9,330.00 -- -- -- -- 9,330.00
V & V Trading Corp - Watch order 12/03 -- -- -- -- -- --
Zirconmania -- -- -- -- -- --
▇▇▇▇▇▇ Trunk shows -- -- -- -- -- --
▇▇▇▇▇ 6,552.00 -- -- -- 6,552.00 --
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 10,942.75 -- -- -- 10,942.75
Cosama 9,467.50 -- -- -- 9,467.50 --
Fleet -- -- -- -- -- --
BankOne -- -- -- -- -- --
Stephlaur -- -- -- -- -- --
-------------------------------------------------------------------------------------
1,360,357.13 176,096.97 192,698.83 148,293.73 146,317.83 696,949.77
-------------------------------------------------------------------------------------
UST Reporting Adj.:
Archetype Group (430,336.00) (58,336.00) (40,000.00) (40,000.00) (40,000.00)
▇▇▇▇▇▇▇▇,Diamant (20,000.00) (10,000.00) (10,000.00) -- -- --
-------------------------------------------------------------------------------------
ADJUSTED AP 910,021.13 107,760.97 142,698.83 108,293.73 106,317.83 444,949.77
=====================================================================================