Having negotiated release from a non-competition agreement, Paul Spivak then founded and incorporated Intelligent Tanning Systems (ITS) in 2004, to develop the next generation of Spray Tanning Machines. A trusted colleague advised him to contract with two “master distributors”, one in Florida for east of the Mississippi and one in California for west. Soon thereafter, the Florida distributor bought out the west coast firm. The company’s sales became solely dependent upon the success of that one distributor who did nothing to grow the business. During this period, when Mr. Spivak felt ITS would prosper under its master distributors, he moved to Russia to pursue building a line of “Cigarette-Class” boats. Upon reaching an agreement with the Russian government, he rented a portion of a former MIG fighter jet factory in St. Petersburg, and founded MIG Marine. When it became evident that ITS had become stagnant, Paul Spivak chose to cease production, return to the U. S. and energize ITS through a process already proven successful when he built Magic Tan.
Olga Smirnova, Secretary, Director Wife of Paul Spivak, does not own any stock in her name.