On Stage Entertainment may file for bankruptcy

LAS VEGAS -- Because of a cash-flow problem, On Stage Entertainment Inc., based here, might be forced to suspend operations or file for bankruptcy, it informed the Securities and Exchange Commission.

This move could threaten the ongoing operations of Wild Bill's dinner theater in Kissimmee, Fla.; King Henry's Feast dinner theater in Orlando and the Legends in Concert impersonation shows in Las Vegas; Branson, Mo.; Atlantic City, N.J., and Myrtle Beach, S.C.

The firm's On Stage Theaters subsidiary has been trying to sell its two Florida theaters, both subjects of foreclosure.

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