Bishop Capital Corp. (BPCP.PK)

Bishop Capital Corporation, through its subsidiaries, engages in the development and sale of real estate properties in the United States. The company owns and operates a 328 unit apartment complex located in Colorado Springs, Colorado. It also owns approximately 2 acres of developed and 16 acres of undeveloped land in Colorado. The company is developing a 16 acre parcel called The Crossing at Palmer Park and 11 acre parcel called Creekside Center at Galley. In addition, it has a royalty interest in a natural gas property located in Wyoming. Bishop Capital, formerly known as Bishop Cable Communications Corporation, was incorporated in 1983 and changed its name to Bishop Capital Corporation in 1995. The company is based in Riverton, Wyoming.

For the nine months ended 12/31/04, revenues totaled $0, down from $651 thousand. Net loss totaled $109 thousand vs. income of $53 thousand. Revenues reflect the absence of real estate sales. Net loss also reflects a loss on marketable securities and increased general and administrative expenses.