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Dussault Apparel, Inc. (OTCBB: DUSS | Quote | Chart | News | PowerRating) closed Friday at $0.25 per share on trading volume of 95,400 shares. Friday's close represented an increase of $0.05 or 23.00% per share.
In a press release October 3, 2008, Dussault announced a collaboration with Bloodline Design's Malcolm Norman to design 2 pairs of denim jeans adorned with 18K gold, colored diamond, and ruby wallet chains, giving the jeans a total value of $250,000 each. Prototypes of the jeans, valued at $10,000 each, will be shown at Phoenix Fashion Week, after which one will be displayed at retailer Kustom in New York, the other at The Dussault Motel, Dussault's flagship store in Los Angeles.
In more news, Dussault announced that it will be releasing a limited number of jeans through their line "Trashed." Each piece is hand-sewn, hand-painted, dyed, and washed 13 times. This unique process creates depth and layers, giving these jeans originality and a one-of-a-kind feel. "Trashed Denim" retails for $375.00 and additional information may be found by visiting www.dussaultapparel.com/trashed. Other styles of premium denim from Dussault Apparel(TM) are priced from $125.00.
In still more news, Dussault announced that it will give 50% of profits from the sale of both the $250,000 jeans and the $10,000 prototypes to Canuck Place Children's Hospice. Canuck Place is a leading pediatric palliative care center which shares knowledge, expertise and research regionally, nationally and internationally to assist in the further development of best practices in this field. In addition, $10 from the sale of each $375 "Trashed Denims" and $5 from the sale of each $125 "Trashed Denims" will be donated to Canuck Place.
Dussault Apparel, Inc. is a designer, manufacturer, wholesaler and retailer of high-end quality apparel; its expanding product line includes custom designed hoodies, jeans, jewelry, t-shirts, hats and leather goods. An accelerated growth company, Dussault Apparel, Inc. trades on the Nasdaq OTC: BB as DUSS.
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--- Skins, Inc. (OTC BB: SKNN | Quote | Chart | News | PowerRating) closed yesterday at $0.10 per share on trading volume of 861,881 shares. Friday's close represented an increase of $0.01 per share or 15.00%.
In a press release October 2, 2008, Skins announced that the company has secured a trade finance facility with Ashford Finance, that will enable it to build and take receipt of inventory for the Holiday 2008 and Spring 2009 seasons. The Company noted the revolving facility enables it to borrow up to $3 million for planned production and general working capital purposes. The Company noted that the line carries credit insurance from Coface to protect the Company against potential loss of receivables. The Company noted that Mark Klein, President, is serving as the personal guarantor for the revolving line.
According to Mark Klein, President of Skins, "We are very pleased to have secured this important trade finance agreement, particularly given the exceptionally difficult credit environment, which will enable us to sustain our market presence and continue to build new customer relationships. Our recent participation at industry trade shows, including WSA, has confirmed that there is significant national interest in our brand and our product. This deal gives us great confidence that our supply chain and ability to produce goods is secure. We are grateful for the support and shared vision from Ashford Finance represented by this transaction."
Skins Inc. created and is continuing to develop an innovative two-part, interchangeable footwear structure consisting of outer collapsible "Skins" and an inner holistic orthopedic support section called the "Bone." The design allows consumers to purchase one inner section, the Bone, and numerous outer Skins, resulting in multiple style variations from the same pair of quality Bones, always with the same feel and fit no matter which Skin is being worn. Skins' objective is to create a new attire concept that allows and encourages consumers to frequently change their footwear, while experiencing equal comfort in all designs of shoes. This uniquely positions the Skins concept between footwear and apparel industries. For more information, visit http://www.skinsfootwear.com.
--- CryoPort, Inc. (OTC BB: CYRX | Quote | Chart | News | PowerRating) closed Friday at $0.64 per share on trading volume of 14,800 shares. Friday's close represented an increase of $0.04 or 6.67% per share.
In a press release October 2, 2008, CryoPort announced that it has begun a program to ship frozen samples from the U.S. to India for DuPont Crop Protection. The program will utilize the CryoPort Express(TM) Shipper to reduce the risk of loss associated with shipping high value materials in challenging environmental and logistical situations. Federal Express will handle shipping and logistics for the program.
According to Peter Berry, CEO of CryoPort, "This program reinforces the value of using the CryoPort Express(TM) shipper as an alternative to dry ice. The value of the CryoPort Express(TM) Shipper was immediately proven when the initial shipment was delayed for several days upon reaching India because of a local holiday. With the extended holding time of the shipper, the shipment still arrived frozen and intact."
CryoPort (www.cryoport.com) develops leading edge, proprietary, technology-driven shipping and storage products for use in the rapidly growing global biotechnology and biopharmaceutical cold shipping chain. The products developed by CryoPort are essential components of the infrastructure required for the testing, research and end user delivery of temperature-sensitive medicines and biomaterials in an increasingly complex logistical environment.
--- K-Swiss Inc. (Nasdaq: KSWS | Quote | Chart | News | PowerRating) closed Friday at $16.40 per share on trading volume of 188,968 shares. Friday's close represented a decrease of $0.37 per share or 2.21%.
In a press release October 3, 2008, K-Swiss announced details for the release of its results for the third quarter ended September 30, 2008. K-Swiss plans to issue its third quarter earnings release before the market opens on November 5, 2008, and will host a conference call at 11:00 a.m. ET on the same day. The number to call for this interactive teleconference is (303) 262-2075. A replay of the conference call will be available through November 13, 2008, by dialing (303) 590-3000 and entering 11110985# when prompted for the access code.
The live broadcast of K-Swiss' quarterly conference call will be available online at www.streetevents.com and www.earnings.com on November 5, 2008, beginning at 11:00 a.m. ET. The online replay will follow shortly after the call and continue through November 13, 2008.
K-Swiss Inc. designs, develops and markets an array of athletic footwear for high performance sports use, fitness activities and casual wear under the K-Swiss and Royal Elastics brands. The Company also owns a controlling interest in French fashion footwear maker Palladium SAS.
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Babybulls.com (www.babybulls.com) has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by BabyBulls.com to be accurate, and should not be considered to be all-inclusive. BabyBulls.com is a leading information resource for evaluating investment opportunities in small and microcap stocks. We focus on a limited number of companies in order to provide comprehensive coverage, including unique investment related features not available anywhere else on the Internet. To feature a company or to get more information, please visit us at www.babybulls.com or email us at info@babybulls.com BabyBulls.coms affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. BabyBulls.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. BabyBulls.com has the following compensation arrangements with the companies profiled or mentioned in this press release: Dussault ten thousand dollars per month and one hundred twenty five thousand shares restricted stock. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BabyBulls.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities mentioned herein. To view full disclaimers, go to http://www.babybulls.com/disclaimer.htm.
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