Display Technologies, Inc.
111-01 14Th Ave.
College Point, NY 11356
Phone: (718) 321-3100
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Item 5.01 Changes in Control of Registrant.
On November 2, 2006, Century Capital Partners, LLC (“Century”) completed the sale of 90,000,000 shares (the “Shares”) of common stock of Display Technologies, Inc. (the “Company”) to Jeko International, Inc. (“Jeko”), a Delaware corporation, pursuant to a Stock Purchase and Sale Agreement between the parties. After giving effect to the sale, Jeko is the holder of 91.8% of the Company’s outstanding shares of common stock. The purchase price for the Shares was $185,000, which was funded from Jeko’s working capital.
Revenues: $20.3 Million
Display Technologies is a leading, international designer and supplier of innovative, award-winning retail merchandisers, backed by patents and trademarks in both the U.S. and overseas.
With 40-plus years of experience, the NY-based firm is an industry-leading point-of-purchase supplier that designs and distributes a broad range of displays to Fortune 500 brand marketers and retailers in a vast array of industries-- from beverage, tobacco and food, to pet, automotive, health/beauty, and bulk food dispensing. Striving to meet all of its clients' merchandising needs, Display Technologies has developed strong client relationships and steady growth.
Display Technologies' market leadership is rooted in its innovative design expertise and strong, product-driven strategy, which are unique in the p.o.p. industry. The firm's exclusive TechStocÔ product line features the industry's largest selection of pretooled display and merchandising systems, including Modular Display Racks, Gravity Feed and Spring-Loaded Shelf Management Systems, Endcaps, Serpentine Dispensers, and more. TechStocÔ-- which incorporates plastics, wood, metal and many other mediums-- has a solid reputation for affordable, high-volume, high-quality displays, readily available with a short leadtime. They maximize brand impact, functionality, space-efficiency, and cost-effectiveness, and are designed to market nearly every type of consumer packaged goods sold at retail.
In addition, Display Technologies offers custom capabilities to design and build one-of-a-kind displays to meet any budget or design specification.
With over 40 years of experience, Display Technologies has unparalleled experience in the P.O.P. industry!
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