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fashionfreak

01/12/07 1:17 PM

#618 RE: mrmessiah #617

Cash from warrants

Listen to the webcast of ICR Conference (link is in post #589). President states that expecting $3 million from exercise of warrants. My guess would be that they had a producer of the Skins prior to that announcement but decided to get an italian company to produce for the 'Made in Italy' stamp. You're right, a late move, but retailers don't want the Spring line in their stores until Feb/Mar anyway.