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OTHER NEWS - Nov. 24, 1994

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From Times Staff and Wire Reports

Pacific Rim Entertainment Details Cash Woes: Pacific Rim Entertainment Inc. shares fell 31% after the television and video animation company said it will be forced to curtail or halt certain operations after Dec. 15 if it doesn’t obtain additional funds. Pacific Rim also said its independent public accountant reissued its report on the company’s 1993 financial statement to include the opinion that it has “substantial doubt” about Pacific Rim’s ability to survive. Los Angeles-based Pacific Rim develops and produces animated programs designed for television and video. The stock fell 50 cents to close at $1.125.

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