ACQUISITION COMPLETION ANNOUNCEMENTS ANY DAY NOW/2015
Quote: SAHAJA, LLC On February 18, 2014 the Company executed a non-binding letter of intent to acquire ownership of Sahaja, LLC. . Sahaja is currently engaged in the design, production and sale of apparel. The Company also agreed to provide loans to Sahaja, LLC totaling up to $100,000 as mutually agreed. As of September 30, 2014, $22,979 has been loaned to Sahaja but the acquisition is yet been completed.
ZMJ DENIM On March 24, 2014 the Company executed a non-binding letter of intent to acquire ownership of ZMJ Denim, Inc. ZMJ Denim, Inc is currently engaged in the design, production and sale of apparel. The Company also agreed to provide loans to ZMJ Denim, Inc. totaling up to $100,000 as mutually agreed. As of September 30, 2014, the acquisition is yet be completed.
SKIPJACK DIVE & DANCEWEAR INC. Skipjack Dive & Dancewear represents one of our next two strategic acquisitions. Skipjack Dive & Dancewear sells swimwear and divewear in all sizes, including plus size for more modest swimwear. In addition, the acquisition of Skipjack provides Democratique with manufacturing equipment, offering an additional revenue stream via subcontracting manufacturing to other fashion brands.
PUNKZ GEAR INC. The second acquisition in the pipeline is Punkz Gear. This is a sister company of Lexi-Luu Designs Inc. Punkz Gear is a kids hip hop dancewear line for dance and hip casual wear. Punkz Gear is manufactured out of the Lexi-Luu Designs facility in Mesa, Arizona, and is also owned by our CEO, Hubert Blanchette.
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