Rolling sells control of Make Your Move

The president of game developer Make Your Move has resigned and sold a controlling interest in the Reno-based company.

In a filing with the Securities and Exchange Commission last week, Make Your Move said President Henry Rolling resigned for personal reasons.

Also resigning were two members of the company's board, John Metzker, a Reno commercial real estate broker, and Ed McCaffery, a developer and builder in the Reno area.

Marc Applbaum was named president and a member of the board last week, the company said its SEC filing.

Make Your Move also reported that Rolling sold common shares representing a 64 percent stake in the company to Fraser Lake Enterprises and Calluna Capital Corp.

for a total of $290,000.

The filing didn't provide any further information about Applbaum, Fraser Lake Enterprises or Calluna Capital.

Details about the deal were scant.

The phone at Make Your Move's office in Reno is disconnected.

There was no answer at an office in Orange, Calif., that the company has listed as its executive headquarters in SEC filings.

The company's stock was trading around 5 cents a share last week.

At its peak in late 2000, the stock was selling for $3.25 a share.

Make Your Move describes itself as a developer of traditional board games and on-line games, and the company planned to generate revenue from the sale of subscriptions to an on-line games site.

In its most recent financial filing with the SEC, however, Make Your Move acknowledged that it didn't generate any operating revenues during 2002 or 2003.

In the fiscal year ended Sept.

30, 2003, the company said its expenses totaled $592,865, including $175,000 for officers' pay and $369,300 for consultants.

The company said research into the components it would need to develop an on-line games system had consumed much of the energy of its three-person staff.

Rolling, a graduate of the University of Nevada, Reno, who played professional football, organized a predecessor company Pacific Sports Enterprises in 1998 to operate a team in the American Basketball Association.

The league never took root, so Rolling reorganized the company as Make Your Move and got into the games business in 2001.