http://www.internationalstocktargets.com/December_2007_Target_Report.pdf
International Stock Targets will be compiling information over the next 30 days on Skins Inc and putting together a comprehensive research report on the company to receive the research report via email sign up to www.internationalstocktargets.com for a free subcription.
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Skin's Incorporated is trading up 17 percent today just off their 52 week low. The company released an 8-k on Monday, December 3rd stating. On November 28, 2007, Skins Inc. (the "Company") executed a Buying Agency and Sourcing Agreement (the "Agreement") with Atsco Footwear, LLC ("Atsco"). Pursuant to the Agreement, Atsco will serve as the Company's non-exclusive buying and sourcing agent and will be responsible for sourcing, commercialization and product line review. The Company will pay Atsco a commission of 7% of the $5 million and 5% for the amounts above the first $5 million at the FOB country of origin price for merchandise sourced by Atsco and shipped to the Company. The Agreement has an initial term of one year, from November 15, 2007 through November 15, 2008, and each party has the option to extend the initial term of the Agreement for an additional year upon providing written notice to the other party no less than thirty days prior to the expiration of the initial term. Either party may terminate the Agreement at any time upon providing the other party with three months written notice. Mark Itzkowitz, the President of Atsco, is also an advisory member of the Board of Directors of the Company.
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