- August 1, 2008
- July 21, 2008
- June 30, 2008
- June 2, 2008
- April 1, 2008
- March 17, 2008
- February 27, 2008
- February 19, 2008
- February 1, 2008
- January 14, 2008
- December 31, 2007
- December 14, 2007
- October 17, 2007
- September 24, 2007
- August 17, 2007
- August 15, 2007
- August 10, 2007
- August 1, 2007
- July 30, 2007
- July 23, 2007
- May 22, 2007
- May 21, 2007
- May 15, 2007
- April 12, 2007
Chairman's Letter
February 19, 2008
Letter from the Chairman
As an up date on our advertising programs I am happy to report the following.
- A full-page advertisement for our CigarHolder™ will appear in the March issue of Moneymagazine. The magazine goes on sale February 18th.
- A full-page advertisement for our CigarHolder™ will appear in the March issue of Fortune magazine. The magazine goes on sale February 25.
- The CigarHolder™ will also be advertised in select, Golfer, Smoker and Cigar specialty magazines.
- The InfoWorx TV (SNORENZ®) commercial goes live in test mode on March 3rd.
- Internet advertising programs featuring Painenz®, FabULust® and Good Nights Sleep® are scheduled to start February 25 and will run thru March and possibly April.
- Sunset Thomas is in process of making a TV commercial for FabULust® and a movie that will spot light FabULust®.
The Cigar Holder Magazine Ad: (Click Ad to Order)
Fab U Lust Ad: (Click Ad to Order)
While progress seems to be endlessly slow, I can assure you our staff works everyday to build our product sales to a respectable level. We expect to report positive news as a result of our efforts to enter the Russian and Chinese markets. Our trips to these countries, although the process for approval is slow, will shortly bear fruit.
Our Financial Services Division continues to flourish, adding new clients every month. The income from this division has covered most of the companies operating expenses and has allowed us to invest heavily on marketing programs and R&D on new products. This policy has proven to be financially prudent, reducing our need for borrowings to support operations. Instead, better than 85% of our borrowings to date have been invested in the marketing and advertising of our current product lines.
We have posted our advertisements for your review and as an indication of the direction we have taken to attract consumer interest. The slowing economy, high gas prices and the down housing market, have all had negative effects on our programs. I do believe however, that our newest marketing efforts will bear fruit, producing results that will draw substantial investor interest.
Yours Truly,
Paul B. Kravitz
Chairman/CEO