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Alias Born 11/13/2003

Re: Beale7 post# 13

Saturday, 11/15/2003 1:49:29 PM

Saturday, November 15, 2003 1:49:29 PM

Post# of 843
Bluetorch, Hot Tuna & TSA Brands: NOT Pirahana, NOT Xisle:

Bruce MacGregor, President & CEO of Bluetorch Inc. said, ``Their experience in identifying and closing acquisitions will be particularly helpful, since we are looking at opportunities to acquire companies that can accelerate our growth. We have directed OakTree to look for entities that are profitable and doing anywhere from $15 to $25 million in annual revenues. The prospective entity must be in the extreme sports arena and will compliment our existing portfolio of brands, including Bluetorch(tm), Hot Tuna(r) and TSA(r), both in terms of the category and the channel of distribution.''

1. Bluetorch = Replaces Hot Tuna as the Premiere Brand.

2. Hot Tuna = Replaces Pirahana Boy/Girl as the mid-tier.

3. TSA (True Sports Apparel) = Replaces Xisle brand.

Unfortunately, They are now being sued for this change!!!!


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