Prospect Ventures Inc. (fka IVAP)

[MrsRobbyup]

$DUSS Interim CEO Natalie Bannister appointed after the resignation of Jason Dussault October 4, 2012

Per the 01/03/2013 8K Ms Bannister is currently the sole officer and Director of the company following the resignation of the Chief Financial Officer on December 31, 2012

Departure of Directors and Certain Officers


On October 4, 2012, the Board of Directors received the resignation of Mr. Jason Dussault as Chief Executive Officer, President, Secretary and Treasurer of Dussault Apparel Inc. (the “Corporation”).


Mr. Dussault tendered his resignation due to the fact that he had accepted a position with another reporting issuer and feels he will no longer have sufficient time to dedicate to the business of the Corporation. Mr. Dussault did not resign as a result of any dispute or disagreement with the Corporation
Jason “Deuce” Dussault Former President and CEO, resigned October 4th 2012 Creating and collaborating with several companies over the past 15 years, Mr. Dussault has worked to take small start-up companies public, accessing financing from U.S., Canadian and European sources and providing corporate guidance. In 2005, after successfully raising hundreds of millions of dollars in capital for his client companies, he finally decided to pursue his ultimate passion. From that first inspired leap, Dussault Apparel™, Inc. was born. A year later, his first line of fashions sold out almost immediately, establishing his company and launching Dussault Custom Apparel. Today, this cutting-edge design aesthetic and meticulous attention to detail are highly sought after by leading celebrities and trendsetters. As the company’s creative visionary, he works with Head Designer Peter Tsang to expand on a unique style, honing his creations through an intimate connection to some of the world’s leading celebrities and elite from the worlds of entertainment and sports.Tina Baird Vice-President, Corporate Communications Tina Baird has been responsible for media relations, public relations, and advertising for Dussault Custom Ink since the launch of the first collection in 2005. In addition to handling Dussault she has twenty-five years experience providing media relations, advertising, publicity, marketing, corporate communications, and public relations. Tina, a University of British Columbia graduate, has represented individuals, private and public companies, as well as charitable organizations, in the areas of retail; film and television; performing and visual arts; publishing; specialty travel; events; and entertainment. For her clients she has designed and supervised international, national and locally targeted communication, publicity and marketing campaigns. A sampling of Ms. Baird’s past client list includes ICE Diamonds, Peace Arch Entertainment Group Inc., the Vancouver Art Gallery, the Whistler Resort Association, Canada Mortgage and Housing Corporation – Granville Island Office, The Western Magazine Awards Foundation, Travel Concepts Inc., Entertainment Technologies Inc., Blanche McDonald School of Fashion and Design, Capilano College Extension Programs, and Voyageur Film Capital Corporation Company last updated Jan 11, 2010


DUSS share structure as of December 28, 2012 per Island Stock Transfer(current DUSS Transfer Agent)
ISSUE: DUSSAULT APPAREL INC COM (26700M109) (DUSS.OB) Shares Authorized: 1,050,000,000 Stated Outstanding: 0 LESS: Shares Outstanding: ( 353,444,347) Shares RESERVED: ( 11,383,692) ——————– Shares available to issue: 685,171,961 Free Trading Shares(FLOAT): 302,963,312
Information received via email from Greg Deck [e-mail]

DUSS new CEO: Natalie Bannister

On July 11, 2012, Ms. Natalie Bannister was appointed as a Director of Dussault Apparel Inc. (the “Corporation”).

Ms. Bannister has a long history in the brokerage and financial advisory business, having held a number of positions in the industry. Ms. Bannister is currently the owner and President of Natalie Bannister Consulting, having formed the company in October, 1997.
From February 2009 to August 2009, she was employed at Wachovia Securities – Wells Fargo Advisors as an International Accounts Review Analyst, Latin America Risk and Control where her responsibilities were to review and approve new accounts for the Latin American Anti-Money Laundering Group, address risk management and suitability concerns for option and margin account requests., and regulatory, compliance, and operational reviews of new international account forms and daily orders.

She has also previously held positions with Lincoln Financial Advisors, Stifel, Nicolaus & Company and National Capital LLC.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8718721

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DUSS CEO Natalie Bannister’s email and phone number

Email: [e-mail]
Skype: natalie.bannister2
Phone: [phone].902.2624

DUSS is on HIGH ALERT for a HUGE Merger and/or JV coming by end of January, just two weeks away. Experienced traders and investors are soaking up DUSS at 0.0006 for a big run to 0.005+ territory. We highly recommend doing your DD on DUSS and lock and load shares before HUGE news hits. See press release below confirming that by end of the 1st quarter (Q1 ends on Jan 31st for DUSS) a merger and/or JV will bring nice value to investors in the company:




Dussault Apparel, Inc. Wishes to Provide an Update to Its Shareholders in Regard to Its Ongoing Corporate Planning
Dussault Apparel Inc. (OTCQB: DUSS) (“Dussault” or the “Company”) wishes to provide an update to its shareholders in regard to its ongoing corporate planning.

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Management of the Company has received numerous requests for information in regard to the current asset of the Company, related to the line of apparel initially designed by Jason Dussault, a prior officer and director of the Company.

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As reported in its regulatory filings, the Company owns the trademark Dussault Apparel Inc. which it licenses along with design themes around its trademark identity. Currently there is a single exclusive licensee, which is a non-related third party. The current agreement runs until July 2013. The Company receives limited revenue through sales on its ecommerce website. Presently the license agreement and ecommerce are the Company’s sole revenue stream.

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The Company is finalizing its annual report on Form 10-K and when final will publish its revenue figures and additional information in regard to sales.

On December 31, 2012, the Company Dussault Apparel Inc. ( DUSS.OB )received the resignation of Robert Mintak from all positions and offices that he held with the Company. The Company is currently seeking additional management and is seeking other potential acquisitions, either to enhance the business of the Company or to undertake a change in business.

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A number of the message boards are reporting a forward split of the shares of the Company. The Company wishes to advise that there is no plan for any forward split of its shares. The recent dilution in the shares of the Company was related to a convertible loan from Asher Enterprises Inc. who funded by way of a promissory note on October 25, 2011 in the total amount of $63,000. The loan was convertible to common stock at a conversion price of 58% of the market price. The convertible loan has been converted as of December 2012 and no further dilution will take place from this loan.

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As prior reported, the Company ( DUSS ) made changes to its Board of Directors in October 2012 and determined to initiate a review process to consider strategic alternatives with a view to enhancing shareholder value. That process is continuing and we hope to conclude the process and have additional operations or new business developments by the end of the first quarter. As prior reported, strategic alternatives may include, but are not limited to, the sale of all or a portion of Dussault’s assets, a merger or other business combination transaction involving a third party, a joint venture, a financing, as well as continued execution of Dussault’s existing business plan, or any combination thereof. Certain of these actions may impact on the current shareholders as they may cause a change of control or a restructure of the Company. (DUSS.OB)

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Contact:
Natalie Bannister
President ( DUSS )
Dussault Apparel Inc.
727-902-2594
DUSS DUSS.OB DUSSAULT APPAREL INC.