Titan Offering Memorandum

The Titan Entertainment Group Inc. is just releasing its Offering Memorandum (OM) contact Titan

No Securities Regulatory Authority has Assed the Merits of These Securities or Reviewed this Offering Memorandum. Any Representation to the Contrary Is an Offence. This Is a Risky Investment.

There are numerous risks associated with this investment. Purchasers should not subscribe for Preferred Shares unless they are prepared to accept the risk factors.

• The Company’s business concept is to develop mid-capacity ultra complexes (8,000-10,000 capacity), to be called "The Titan," for the presentation of live music concerts , theatre production performances, arts and entertainment, conferences, trade shows, conventions and any other promotional world events possible. The live entertainment areas of the complexes will be designed with video and tour production in mind to make backstage activities operate more smoothly and efficiently.
• The Titan project is in response to a growing trend in North America for the development of complexes that offer ‘multi-purpose flexibility’ particularly in concert set-ups that include end and center stage, festival, and ‘intimate show’ seating. Mid-capacity complexes with a less than 15,000 person capacity are among the fastest growing segment of the industry. Increasingly performers in many entertainment categories and their fans, not to mention the crew prefer complexes with facilities and amenities tailored to meet the demands of the performance and backstage operations.
• As a destination-type, multi-purpose venue, The Titan spans five interrelated industries, namely: 1) live entertainment production; 2) hospitality (restaurant and hotel); 3) specialty retail; as well as 4) conventions and trade shows, and 5) Video and audio recording and broadcasting. Following, under each of these categories, are industry conditions and market trends of interest.
• Production and booking of live entertainment is evolving with regard to the diversity of performance and tours, growth in booking agencies and the production of the Internet. Following are certain trends in these areas:
• Facilities have reported an increased choice of bookings with more international and domestic acts and performers in all entertainment genres.
• In 1999 ticket prices of concerts experienced the strongest growth (40%), with less growth in live theatre (3.1%) and classic music concerts (4.7%).
• Further to the industry data presented above, the following key industry conditions with regard to the facilities provide additional support of positive industry conditions.
• From this year out to 2002, more than $4.25 billion is represented in current investments at 71 facilities in the U.S. and Canada. Included are arenas, auditoriums and performing arts centers, amphitheaters and smaller ballparks doubling as concert venues.
• In Canada, there are an estimated 29 mid-capacity (4,000 to 8,000 capacity) venues that range from amphitheatres, arenas, coliseums, conference centres, stadiums and theatres. The majority of these venues are municipal facilities with some university complexes and private facilities.
• As with other industries, the U.S. serves as a "barometer" for the hospitality industry in Canada as well, though other factors are prevalent in Canada and the western region as outlined in the following trends:
• Construction of new hotel space expanded at a double-digit rate for the fifth consecutive year during 1999, but signs of a slowdown have been reported.
• In the U.S. and Canada, hotel room rates are falling due to oversupply of hotel rooms and the industry as a whole is experiencing declining occupancy rates.
• Industry observers regard the luxury segment as the safest hotel investment, as this segment will not be overbuilt in many areas until 2006 or 2007.
• In Calgary, the hotel sector is overbuilt, causing occupancy rates to slip 6% to 10% in the first half of 2000, while revenue per available room to decline.
• Industry conditions in the hotel segment are generally favorable, particularly the mid-market to luxury class. Although overbuilding in the sector is a cause for some concern …titan offers more
• The Titan, as a multi-purpose entertainment, hospitality and specialty retail destination-type venue, is a "first-of-its-kind" in Canada. Comparable facilities are found principally in Las Vegas, NV where large hotels have major entertainment facilities. Otherwise, from a competitive viewpoint, the Titan's main competition in Calgary, and further locations, will be the individual stand-alone entertainment venues, large hotels with convention facilities and fine restaurants.