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Author Topic: This .0001 Co might be worth a look CAAP
Golf57
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Good Luck to all who will invest.
Posts: 517 | From: jupiter, florida, usa | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
TradingWizard
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Citizens Capital interested in Just For Feet chain


7:33am ET (Reuters)


CHICAGO, June 23 (Reuters) - Citizens Capital Corp. , which owns the SCOR brand of athletic shoes, on Wednesday said it was interested in buying the Just For Feet chain from bankrupt retailer Footstar Inc. .

Dallas-based Citizens Capital said it had contacted Footstar about the Just For Feet and JustForFeet.com assets. Footstar announced in March that it would liquidate its 88-store Just For Feet chain as part of its Chapter 11 bankruptcy reorganization plan.

Citizens Capital said it was launching a television advertising campaign for its SCOR shoes, scheduled to air in the fourth quarter, so buying the Just For Feet chain would give the company more outlets for its shoes.

Citizens Capital gave no details on how much it would pay for the Just For Feet assets, and a spokesman could not immediately be reached. A Footstar spokeswoman did not immediately return a call seeking comment.

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'Alone we can do so little; together we can do so much.' - Helen Keller


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rich555
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does anyone have more info
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TradingWizard
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Here a bit more specific:

DALLAS/EWORLDWIRE/June 23, 2004 --- Citizens Capital Corp. (OTCPK:CAAP), today announced it has
contacted Footstar Inc. (OTCPK:FTSTQ) regarding the residual asset acquisition of its Just For Feet retail
footwear chain to include its JustForFeet.com online store whose operations have been discontinued with a
liquidation of all current inventories.

Footstar, whose athletic footwear division included both the Footaction and Just For Feet footwear chains,
totaling 516 retail stores with a 2003 year-end revenue of approximately $973 million, announced on March 2
that it would close its entire 88-store Just For Feet chain and 77 of its 428 Footaction retail outlets pursuant to a
plan of reorganization under Chapter 11 of the United States Bankruptcy Code. Subsequently, Footstar
announced that it would accelerate its exit from the athletic footwear business to include the sale of its entire
Footaction retail outlets after failing to obtain a supply agreement with Nike Inc. (NYSE:NKE), its biggest
supplier. On May 7 Foot Locker Inc. (NYSE:FL), the top U.S. athletic footwear retail chain, announced that it
had purchased 350 Footaction retail stores from Footstar Inc. for $225 million.

Citizens Capital Corp., through its wholly owned SCOR Brands Inc. unit, is the designer, exclusive marketer
and distributor of the SCOR Brand line of athletic footwear. SCOR recently announced its national Forever
Just Say No to $100 and $200 Sneaker ad campaign scheduled to begin airing on television during the fourth
quarter of 2004. The commercial is currently webcasting at:
http://www.prweb.com/prfiles/2004/02/12/104775/soot0303.wmv

SCOR offers several categories and styles of SCOR branded basketball, jogging and outdoor footwear
products in a variety of colors. SCOR products are available exclusively at its online global SCOR Store
located at www.scorbrands.com.

"As we strategically come into the living rooms of homes in key metropolitan markets with our various
commercial television ad campaigns, the acquisition of the Just For Feet chain would provide immediate brand
extension and a physical presence of the SCOR brand in many leading consumer markets," stated Billy D.
Hawkins, CEO of Citizens Capital Corp. Hawkins added, "Subsequent to the overall market stagnation
resulting from the post-September 11 economy, we are excited to resume the pursuit of those specific
corporate and asset acquisition opportunities intended to grow both assets and revenues while increasing
shareholder value."

About Citizens Capital Corp.

Citizens Capital Corp. is a development stage, acquisition-oriented holding company that is engaged in the
development and/or acquisition of both operating companies and assets across several identified sectors and,
through the application of well defined management stratagems, it aims to enhance shareholder value.

About SCOR Brands Inc.

SCOR Brands Inc. is a subsidiary of Citizens Capital Corp. and it is the designer, exclusive marketer and
distributor of the SCOR Brand line of footwear. SCOR products may be previewed at its online SCOR Store
located at www.scorbrands.com.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller


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TradingWizard
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http://finance.yahoo.com/q?s=CAAP.PK
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TradingWizard
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I am not fan of this stock yet and I do not own it, but while I am at, it here a some useful link:
http://www.edgar-online.com/brand/stockgroup/search/Default.asp?query=CAAP&qt=1&date=1994

Just having fun searching!


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Golf57
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Yesterday I put in a buy order for 10,000,000 at .0001 GTC AON, I dought it goes thru since there's very little volune but, I will keep everyone inforned on my buy order. The reason I decided to invest in this Co. is that I like their concept on selling these shoes. All they have to do is pick up a big name basketball player to endorse the shoes and that's all it would take. If you go to their web page you can clearly see that their shoes are very attractive at least to me they are.
I think it's worth a gamble. GOOD LUCK to ALL

Posts: 517 | From: jupiter, florida, usa | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
   

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