Prospect Ventures Inc. (fka IVAP)

[safeway]

PLEASE READ BEFORE YOU INVEST !!

Dussault Apparel, Inc. is a designer and licensor of high-end quality apparel. Its product line includes hoodies, t-shirts and hats. Not long ago, the company filed its 10-Q report, which however, was not much satisfying.

As of July 31, the cash balance of DUSS has decreased as compared to the previous period, and presently its revenues are not sufficient to meet the company's operating and capital expenses.


Since inception, DUSS has been dependent on investment capital as an important source of liquidity. However, its operations are generating negative cash flows, and the team does not expect positive ones in the near term.

In other words, if the management does not obtain additional financing on a timely basis, or generate significant material revenues from operations, DUSS will not be able to meet its other obligations and will be forced to scale down, or perhaps, even cease operations.