Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » aisi - up 400% - Wild spread (Page 1)

 - UBBFriend: Email this page to someone!   This topic comprises 3 pages: 1  2  3   
Author Topic: aisi - up 400% - Wild spread
StockMinister
Member


Rate Member
Icon 1 posted      Profile for StockMinister     Send New Private Message       Edit/Delete Post   Reply With Quote 
Crazy spread.

------------------
Be blessed


Posts: 163 | From: baltimore | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
up 542%
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
614% does it stop?
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
StockMinister
Member


Rate Member
Icon 1 posted      Profile for StockMinister     Send New Private Message       Edit/Delete Post   Reply With Quote 
Volume picking up slightly.

------------------
Be blessed


Posts: 163 | From: baltimore | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Ask is up .059, i dunno what to think!
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
StockMinister
Member


Rate Member
Icon 1 posted      Profile for StockMinister     Send New Private Message       Edit/Delete Post   Reply With Quote 
Me either. I want to get in but can't figure out how to play this spread.
Posts: 163 | From: baltimore | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Spastic_Gramps
Member


Rate Member
Icon 1 posted      Profile for Spastic_Gramps     Send New Private Message       Edit/Delete Post   Reply With Quote 
600% jesus. That thing is going nuts
Posts: 36 | From: LA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Ask is up .059, i dunno what to think!
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Just wait, ask is at .06
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Yea im not sure when to get in either!
Ahhhhhh so much oportunity.

Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Spastic_Gramps
Member


Rate Member
Icon 1 posted      Profile for Spastic_Gramps     Send New Private Message       Edit/Delete Post   Reply With Quote 
757%
Posts: 36 | From: LA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
WinsumLosesum
Member


Icon 1 posted      Profile for WinsumLosesum     Send New Private Message       Edit/Delete Post   Reply With Quote 
Profile Get Profile for: GO
ARIS Industries Inc
463 Seventh Avenue
New York, NY 10018
Phone: (646) 473-4200
Fax: (646) 473-4242
DETAILS  
Index Membership: N/A
Sector: Consumer Cyclical
Industry: Apparel/Accessories
Employees (last reported count): 25
REUTERS ABRIDGED BUSINESS SUMMARY  
Aris Industries Inc. is a licensor and brand management operator of its owned or licensed trademarks. The Company has a license agreement for its Members Only trademark and is seeking to obtain new licenses in niche markets. It has registered the trademark Members Only in the United States and 47 other countries, principally for use in connection with apparel and other men's clothing. Other licensed trademarks include XOXO, Fragile and Baby Phat. The Company's licensed products are sold primarily to department and specialty stores and national retail chains. In May 2003, Aris signed a trademark purchase agreement with Global Brand Holdings, LLC (Global) providing for the sale of the trade name and service mark XOXO, LOLA and FRAGILE along with certain related assets. The sale was completed on July 02, 2003.
http://finance.yahoo.com/q/pr?s=aisi.ob

Posts: 1872 | From: right here | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
757% WOW
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
ask .075
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Spastic_Gramps
Member


Rate Member
Icon 1 posted      Profile for Spastic_Gramps     Send New Private Message       Edit/Delete Post   Reply With Quote 
900% haha
Posts: 36 | From: LA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
What do u do almost 1000% up??? O man
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Woah, it just came down .004, this is new
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
keithsan
Member


Member Rated:
4
Icon 1 posted      Profile for keithsan         Edit/Delete Post   Reply With Quote 
anyone in or you guys just watching? been busy missed out maybe.....
Posts: 9110 | From: boston, ma | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Im not in I want to be... volume is really kicking in, what do you think keith?
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
StockMinister
Member


Rate Member
Icon 1 posted      Profile for StockMinister     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by keithsan:
anyone in or you guys just watching? been busy missed out maybe.....

Just watching since .025 looking for an entry.

------------------
Be blessed


Posts: 163 | From: baltimore | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
I wasn't sure at .04, now im pissed
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
bouncing now, .07 to .08
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Spastic_Gramps
Member


Rate Member
Icon 1 posted      Profile for Spastic_Gramps     Send New Private Message       Edit/Delete Post   Reply With Quote 
watching and laughing (crying too cause my money hasn't gotten to my brokerage account yet)
Posts: 36 | From: LA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Way down now
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
GREGDOGG
Member


Rate Member
Icon 6 posted      Profile for GREGDOGG     Send New Private Message       Edit/Delete Post   Reply With Quote 
10Q just came out on the 20th
Posts: 1171 | From: B.C. CANADA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
StockMinister
Member


Rate Member
Icon 1 posted      Profile for StockMinister     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by Meshoe45:
Way down now

Either a shake or a dump. I dont know.

------------------
Be blessed


Posts: 163 | From: baltimore | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
WinsumLosesum
Member


Icon 1 posted      Profile for WinsumLosesum     Send New Private Message       Edit/Delete Post   Reply With Quote 
Rule #1 : Never chase a stock.

Yeah, right. I missed AISI, and I missed TRPL yesterday. I think the only rule is: There are no rules.

crap.

Thanks anyway, StockMinister


Posts: 1872 | From: right here | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Very true however it is so very tempting.
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
StockMinister
Member


Rate Member
Icon 1 posted      Profile for StockMinister     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by WinsumLosesum:
Rule #1 : Never chase a stock.

Yeah, right. I missed AISI, and I missed TRPL yesterday. I think the only rule is: There are no rules.

crap.

Thanks anyway, StockMinister


The way it's moving, I would not hold on to it for more than a half an hour, unless you just have free money to use or lose.

------------------
Be blessed


Posts: 163 | From: baltimore | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
GREGDOGG
Member


Rate Member
Icon 6 posted      Profile for GREGDOGG     Send New Private Message       Edit/Delete Post   Reply With Quote 
I've got all buys coming in between .04 and .05 for 5000 and 10,000 blocks

Someone needs to read the 10Q

I'm checking L2 right now.


Posts: 1171 | From: B.C. CANADA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Everything's halted for a few... comon Go to .07 and then go up another 1000%!!!
Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
WinsumLosesum
Member


Icon 1 posted      Profile for WinsumLosesum     Send New Private Message       Edit/Delete Post   Reply With Quote 
  
ARIS INDUSTRIES INC
Filed on May 20 2004
Item 2. Management's Discussion and Analysis of
FINANCIAL CONDITION AND RESULTS OF OPERATIONS


INTRODUCTION

The following analysis of the financial condition and results of operations of Aris Industries, Inc. (the "Company") for the three-month periods ended March 31, 2004 and 2003 should be read in conjunction with the consolidated condensed financial statements, including the notes thereto, included on pages 3 through 10 of this report.


FORWARD LOOKING STATEMENTS

This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations or beliefs concerning future events that involve risks and uncertainties, including the ability of the Company to satisfy the conditions and requirements of the credit facilities of the Company, the effect of national and regional economic conditions, the overall level of consumer spending, the performance of the Company's products within prevailing retail environment, customer acceptance of both new designs and newly-introduced product lines, and financial difficulties


encountered by customers. All statements other than statements of historical facts included in this Annual Report, including, without limitation, the statements under "Management's Discussion and Analysis of Financial Condition," are forward-looking statements. Although the Company believes that expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.


ADOPTION OF STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 146

In June 2002, the Financial Accounting Standards Board ("FASB") issued Statement of Financial Accounting Standards ("SFAS") No. 146, "Accounting for Costs Associated with Exit or Disposal Activities". SFAS No. 146 addresses financial accounting and reporting for costs associated with exit or disposal activities and nullifies Emerging Issues Task Force ("ETIF") Issue No. 94-3, "Liability Recognition for Certain Employee Termination Benefits and Other Costs to Exit an Activity". SFAS No. 146 requires that a liability for a cost associated with an exit or disposal activity be recognized when the liability is incurred. This Statement also established that fair value is the objective for initial measurement of the liability. The provisions of SFAS No. 146 are effective for exit or disposal activities that are initiated after December 31, 2002. The adoption of SFAS No. 146 did not have a material impact on the consolidated financial statements.


FINANCIAL CONDITION


LIQUIDITY AND CAPITAL RESOURCES

These consolidated condensed financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business.

As of March 31, 2004, the Company had a working capital deficit of approximately $8,009,000 compared to a working capital deficit of approximately $6,068,000 at December 31, 2003. The increase in the working capital deficit was primarily due to the Company's loss from operations. During the three-months ended March 31, 2004, the Company financed its working capital requirements principally through licensing revenue from its Members Only license along with the proceeds from the Asset Purchase Agreement relating to the sale of it's Phat Farm license in December 2003 (see Note 2).

On May 7, 2003, the Company signed a definitive trademark purchase agreement with Global Brand Holdings, LLC ("Global") providing for the sale of the trade name and service mark XOXO(R) and the trademarks XOXO(R), XOXO IN AMERICA AND ABROAD(R), LOLA(R) and FRAGILE(R) along with certain related assets and accompanying goodwill for a total sum of $43 million in cash. On July 2, 2003, the Company completed the sale of the trade name and service mark. The Company received $43 million in cash at closing of which $2 million was set aside in one escrow account and $1 million was set aside in an additional escrow account, to secure certain post-closing obligations of the Company. As the result of a default by an XOXO licensee and claims arising from a transition agreement, the $2 million dollar escrow account was reduced by approximately $1,498,000. The Company collected the remaining balance of this escrow account in April 2004. The remaining escrow account does not expire until the third anniversary of the transaction date.


On December 22, 2003, pursuant to an Asset Purchase Agreement dated December 22, 2003, BP Clothing Company, Inc. ("BP"), an indirect wholly owned subsidiary of the Company, and Adamson Apparel, Inc. ("Adamson"), a related party, sold to a newly created limited liability company, BP Clothing LLC (the "Buyer"), an unaffiliated company, substantially all of the operating assets, including licensed trademark rights and other intangibles, inventory, machinery and equipment, rights under customer sales orders and open vendor purchase orders of BP and Adamson relating to the manufacture, distribution and sale of the Baby Phat(R) line of clothing and related accessories pursuant to a License Agreement by and between Phat Fashions LLC and BP dated as of July 1, 1999 (the "License Agreement"). In connection with the transaction, Phat Fashions LLC terminated the License Agreement with BP and entered into a new license agreement with Buyer (the "New License"). Adamson had been operating the business pursuant to a sub-license with BP.

In accordance with the Asset Purchase Agreement, BP was to receive an initial payment of $2,500,000 in cash at closing. This amount was reduced by approximately $1,200,000 of offsets. In addition, Buyer issued a promissory note payable to BP in the principal amount of $4,500,000, after additional offsets of approximately $500,000, and has agreed to pay $2,000,000 to the Company in June 2004 and $2,500,000 at a rate of 1% of net sales each month commencing on July 18, 2004 and ending on the maturity date, June 30, 2005, or sooner if fully paid.

In May 2004 the Company and Buyer restructured the $2,000,000 payment due in June 2004. As a result of this restructuring the Company will receive the $2,000,000 in weekly installments which vary from $100,000 to $200,000 and commence on May 13, 2004 and continue through August 15, 2004. The payment structure of the final $2,500,000 is unchanged.

In 2004, the Company began licensing its Members Only(R) trademark, which is its only remaining trademark.

As a result of the trademark assets sale and the sale of the BP license, the Company has repaid a substantial portion of its indebtedness. The Company intends to finance its remaining operations through (i) royalties which the Company is due from the license of its Members Only trademark, (ii) payments of escrow funds due from the trademark assets sale and collection of the balance of proceeds from the sale of licensed trademark rights, (iii) continued reduction of the Company's overhead and, (iv) continued negotiated settlements with its other creditors.

There can be no assurance that the timing of cash receipts to be realized from working capital and operations will be sufficient to meet obligations as they become due. These factors raise substantial doubt about the Company's ability to continue as a going concern. The consolidated condensed financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.


RESULTS OF OPERATIONS

The Company reported a net loss of $1,940,000 for the three-month period ended March 31, 2004 compared to a net loss of $1,279,000 for the three-month period ended March 31, 2004.


During the three-months ended March 31, 2004, the Company's loss was attributable to a significant reduction in revenues as the result of the sale, in 2003, of the Company's XOXO trademark and licensing operations and its Baby Phat sub-license (see Note 2). In addition, the Company reserved $1,190,000 as an allowance against receivables from Adamson.

During the three-months ended March 31, 2003, the Company's loss was attributable to an increase in legal expenses, the write-off of previously recognized XOXO license royalties and a soft retail environment which affected sales at Adamson and negatively impacted the Company's royalty revenue.


ROYALTY INCOME - CONTINUING OPERATIONS

The Company's royalty income decreased from $2,116,000 during the three-months ended March 31, 2003 to $63,000 for the three-months ended March 31, 2004. This decrease was attributable to the sale, in 2003, of the Company's XOXO trademark and licensing operations and its Baby Phat sub-license (see Note 2).


SELLING AND ADMINISTRATIVE EXPENSES - CONTINUING OPERATIONS

Selling and Administrative expenses were $1,990,000 for the three-months ended March 31, 2004 as compared to $2,846,000 for the three-months ended March 31, 2003. Selling and Administrative expenses for the three-months ended March 31, 2004 were adversely affected by the sale, in 2003, of the Company's XOXO trademark and licensing operations and its Baby Phat sub- license (see Note 2). The Company's royalty revenue for the current quarter was derived only from its Members Only license. In addition, the Company reserved $1,190,000 as an allowance against receivables from Adamson. Selling and Administrative expenses for the three-months ended March 31, 2003 continued to be negatively impacted by legal expenses incurred in the Company's defense of various lawsuits, the abandonment in 2002 of three retail locations and the ongoing negotiations with its creditors to settle outstanding amounts due them. This was partially offset as the Company continued to benefit from Adamson's assumption of Grupo's responsibility for most of the Company's operating overhead.


DISCONTINUED OPERATIONS

Discontinued operations for the three-months ended March 31, 2003 include all sales, commissions, cost of goods sold and selling and administrative expenses recorded in connection with the Company's former retail operations.


INTEREST EXPENSE

Interest expense for the three-months ended March 31, 2004 was $13,000 as compared to $461,000 for the three-months ended March 31, 2003. This decrease was attributable to the


satisfaction of the Company's indebtedness under its credit facility and other interest bearing instruments in 2003.

------------------------------------------------------------------------ http://www.edgar-online.com/bin/edgardoc/glimpseFrame.asp?doc=A-100979-0000930413-04-002694&glm=1


Posts: 1872 | From: right here | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
YOuNgFettaChini
Member


Rate Member
Icon 12 posted      Profile for YOuNgFettaChini     Send New Private Message       Edit/Delete Post   Reply With Quote 
Sheesh!! Why can't I get one to run like this from .0001?!!! My @ss would be on vacation in a heartbeat!!! GLTA!!

------------------
Learn the difference between a rollercoaster and a ROCKET!!


Posts: 149 | From: Montgomery,Alabama,USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Meshoe45
Member


Member Rated:
4
Icon 1 posted      Profile for Meshoe45     Send New Private Message       Edit/Delete Post   Reply With Quote 
Err, O well, I was watching it at .04 was weary cuz it was already up 400%

You lose some, you win some.


Posts: 1451 | From: Somersworth, NH | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
GREGDOGG
Member


Rate Member
Icon 6 posted      Profile for GREGDOGG     Send New Private Message       Edit/Delete Post   Reply With Quote 
NITE's back around .05

3 guy's sittin at .055 blocks of 5000

bouncing between .055 and .09

Moving too fast for my crappy L2


Posts: 1171 | From: B.C. CANADA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
  This topic comprises 3 pages: 1  2  3   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share