ROLL
Company: RollerBall International Inc
Symbol: ROLL – Nasdaq
CEO Jack Forcelledo CFO: Ken Teasdale
Address: 9255 Doheny Rd.. Su.2705
L.A. Ca. 90069
SEC Reporting: Yes
Ph #: 310 275 5313
Fax: 310 275 3081
Email:Investor-relations @rollerballskates.com Website: rollerballskates.com
Shares Outstanding: 4,976,394
Float: Approx. 1.7 mil
Current Price: $1 5/8 x $1 7/8
Recent News: biz.yahoo.com
rollerball.com
THE COMPANY
Rollerball designs, manufactures, distributes and markets a patented Radial Skateball Technology ™ design of inline roller skates under the registered trademark Rollerball. The Co.'s skates have spherical shaped wheels which add comfort, balance and safety for the increasing number of inline skaters everywhere, instead of the traditional thin disc wheels other companies market. Inline Skating is a fun, fast growing recreational sport and RollerBall products target each group of skaters from beginner to advanced with models for the recreational, fitness, hockey and aggressive stunt skating. The Company's inline skates are currently available at retail outlets nationwide including selected Jumbo Sports, Dunham's, MVP Sports and G.I.Joe's. RollerBall skates are also sold at Champs, Sports Chalet and JCPenney catalog sales, as well as through Home Shopping Network and FIT-TV and are available from the Internet outlets FIT-TV.com, Shopping.com and RollerBall Sports On-Line, a new feature of the Company's Web site rollerball.com.
ROLL MANAGEMENT
RollerBall International Inc. was founded by Chairman, Pres., CEO Jack Forcelledo in 1994. Since then he completed the R&D phase for Radial Skateball Technology ™ and produced the RollerBall product line and established current distribution channels. Mr. Forcelledo has assembled a highly skilled management team consisting of Arthur Dale Baker V.P.Design and Development, James Hartnett V.P. Admin.& Secretary, Kenneth Teasdale CFO, Elizabeth Forcelledo, John Botti and Michael Katz, Directors, who collectively have many decades of management experience in R&D and Marketing.
Mr. Forcelledo has over 28 years of management experience in both domestic and international consumer products with Fortune 500 companies and entrepreneurial ventures. From '88 to '94 he was a private investor and operated the Forcelledo Marketing Group. From '81 to '88 he was Pres. of Matchbox International and Vice Chairman of the Board of Universal Matchbox (Toys) Group, Ltd.,. From '69 to '81 Mr. Forcelledo served in various marketing capacities with Mattel Toys, Ralston Purina and Keebler Foods and was responsible for the management, development and marketing of several internationally recognized products including breakfast cereals, pet foods, snack/crackers and toy products.
ROLL PROSPECTS & EARNINGS
ROLL has their new product line of skates ready to go with existing distribution channels stocked with inventory and ongoing negotiations with new Sports retailers. Recent earning improvements and distribution channels showing an increase of demand for the product with peak skating summer season upon us and Christmas season to follow, indicate ROLL could very well be on a roll by the time financials come out for 2nd , 3rd and 4th quarters of this year.
RollerBall International Inc. Reports First Quarter Results
LOS ANGELES, May 17 /PRNewswire/ -- RollerBall International Inc. (Nasdaq: ROLL - news) today announced financial results for the first quarter of fiscal 1999 ended March 31, 1999.
Net sales for the first three months of fiscal 1999 ended March 31, 1999 were $590,758, up 959% from the $55,803 in net sales for the first three months of 1998. Gross margin for the three months was 34.1% vs. 27.7% for 1998, an increase of 6.4%. Gross profit rose more than 1,200% to $201,203 when compared to $15,475 for the same period last year. Net loss for the first quarter of 1999 was $398,310, or $0.08 a share, a significant improvement when compared to $807,979, or $0.24 a share, for the first quarter of 1998. Basic and diluted weighted average shares outstanding for 1999 and 1998 were 4,820,026 and 3,406,093, respectively.
The increase in net sales for the first three months of 1999 was primarily attributable to the Company having the necessary inventory to fulfill sales orders. For the first three months of 1998, the Company did not have the funds to purchase the inventory needed to fulfill sales orders, as the proceeds from the initial public offering were not received by the Company until April 1998.
Commenting on results, Jack Forcelledo, Founder and CEO of RollerBall International Inc. said: ''This is the third consecutive quarter that RollerBall has reported increased sales, increased gross profit and a reduction in losses. The momentum generated in the last three quarters in sales, gross profit and reduction in operating losses is expected to continue through the balance of the year, as the Company continues to build retail distribution in the US market.''
Commenting on RollerBall's Internet Web site, he added: ''RollerBall Sports Online, our on-line store connected to the RollerBall Web-site, continues to be very active. Hits on the site have reached more than 780,000 since October 1998. From May 1st through May 15th, the site received 81,574 hits, an average of 5,826 hits per day. Based on this upward trend, the Web site could exceed 180,000 in May, an increase of 12% over the current monthly high of 161,969 hits in February, 1999. Our plans include an expansion of the merchandise assortment available for purchase on our Web site……
ROLL DISTRIBUTION & ADVERTISEMENT
Key Distribution Channels are continuing to carry and increase inventory for RollerBall skates and Media coverage and advertisement are gaining more market share for RollerBall in the growing inline skate industry.
Innovative Skate Line Makes Its Third Consecutive Appearance in JCPenney Holiday Catalog
LOS ANGELES, Feb. 25 /PRNewswire/ -- RollerBall International Inc.
(Nasdaq: ROLL), LA-based manufacturers of the innovative RollerBall(R) skateline, announced today that for the third consecutive year, JC Penney
JC Penney (NYSE: JCP) has selected skate models from the RollerBall line for its internationally distributed Holiday catalog. RollerBall's presence has grown from an initial 2 model sold-out run in the 1997 Holiday catalog to a projected 6 models in the forthcoming 1999 Holiday catalog. In addition to the 1999 Holiday catalog, more skate models from the RollerBall line will be featured in the 1999 Spring/Summer and Fall/Winter JC Penney catalogs. These appearances mark a growing and continuous relationship between the two companies that began with the initial Holiday1997 catalog. "Our ongoing relationship with an established icon such as JC Penney is a signal to the marketplace that we are a growing company that is here to stay," states Jack Forcelledo, CEO & President of RollerBall International. "Our brand name recognition is increasing on a daily basis." Instead of the traditional inline "blade" wheel, RollerBall inline skates feature spherical wheels that offer unparalleled stability, control and balance. "RollerBall has proven to be a consistent seller. Its unique wheel system has caught the eye of out discerning customers," says Ron Price, JC Penney senior buyer of catalog sporting goods. With models designed specifically for the junior, female, male, and aggressive skater, the RollerBall skates selected for inclusion in the JC PENNEY HOLIDAY CATALOG offer a variety of choices for the mass-market consumer ranging in prices from $80.00 to $149.99……
RollerBall Announces Record 77% Increase in Web Traffic for Month of February
Over 150,000 Hits in February
Links to MTV's Show Sites Increases Youth Market Brand Awareness Company Has Initiated Site Upgrade to Handle Surge
LOS ANGELES, March 29 /PRNewswire/ -- RollerBall International (Nasdaq: ROLL - news) announced today it has initiated construction to upgrade its Internet site www.rollerball.skates.com to accommodate the recent surge in hits which increased more than 77% in a single month…….
Over 90,000 Pairs of Skates Sold to the TV Shopping Channel
LOS ANGELES, March 31 /PRNewswire/ -- RollerBall International (Nasdaq: ROLL - news), manufacturer of the patented and innovative RollerBall® skate line, announced today that it will be appearing for the fifth consecutive year on Home Shopping Network (HSN) beginning this spring. Over 90,000 skates have been ordered by HSN since RollerBall's initial appearance in the fall of 1995 resulting in nearly $4 million in sales…….
Rollerball Expands Retail Distribution
Dunham's Sports Midwest's Largest Retail Sporting Goods Chain to Carry Five Models of Rollerball(R) Skates in 118 Stores
LOS ANGELES, April 5 /PRNewswire/ -- RollerBall International, Inc. (Nasdaq: ROLL - news), manufacturer of the patented RollerBall® inline skate line, announced today that it continues to expand its retail distribution. Following a successful 1998 retail sales test with Dunham's Sports, the Midwest's largest retail sporting goods chain, five models from RollerBall's innovative skate line will be expanded to all 118 Dunham's stores in April.
Based in Waterford, Michigan, Dunham's Athleisure Corporation's stores are located in eleven Midwestern and Northwestern states. Designed in a ''Superstore'' format, Dunham's store sizes ranges from 5,000 square feet to over 40,000 square feet, with the average Dunham's being the 25,000 to 30,000 square foot range. Each outlet will carry two models from RollerBall's 3-ball GFX® Youth line, arguably the best skates in the inline market for young skaters and three models from its advanced 4-all GFX®4 and Mangia Strada lines.
''RollerBall is extremely happy about the expansion of our patented skate line into Dunham's total store chain. Dunham's is an outstanding company that prides itself on exceptional price/value of brand name merchandise and bringing product and service innovations to the customer. RollerBall believes in these values, also,'' said Jack Forcelledo, CEO and Founder of RollerBall International. ''Our skates are the first major innovation in the inline skate market since the introduction of the original RollerBlade® inline skate.''…….
On top of current distribution channels, ROLL is striving to increase sales of its product line in existing and new retail outlets, especially Sport Super Store type chains through out the U.S. The Company's inline skates are currently available at retail outlets nationwide including selected Jumbo Sports, Dunham's, MVP Sports and G.I.Joe's. RollerBall skates are also sold at Champs, Sports Chalet and JCPenney catalog sales, as well as through Home Shopping Network and FIT-TV and are available from the Internet outlets FIT-TV.com, Shopping.com and RollerBall Sports On-Line, a new feature of the Company's Web site rollerball.com,
ROLL OVERVIEW
RollerBall International Inc. looks to be poised for future growth and has made great strides so far to increase consumer awareness of its innovative RollerBall skates with their BIGGER patented spherical wheels with up to 300% more usable surface than traditional inline skates with a lean sweep of 115-120 degrees, affording a more comfortable ride due to better balance and handling with greater safety as well, which should go over well with parents who are looking for the first pair of skates for their children. RollerBall skates are the Top of the Line, Cadillac of inline skates and ROLL believes will be to skating what the Big Bertha Golf Clubs (Calloway Golf –ELY-NYSE) are to golf and what the Mountain Bike is to recreational bicycling. T A P believes RollerBall International Inc has what it takes to take a lions share and dominate the inline skating market with its competitively priced superior product and urges all investors and skating enthusiasts alike to visit rollerball.com today and see what ROLL has to offer.
DISCLAIMER
Turn Around Picks, to be referred to henceforth as T A.P, will not be held accountable for any information as far as its validity and / or accuracy on any company that T A P offers information on via our web-site, Internet message boards and / or emailed to T A P members. It is our opinion that the information T A P provides is correct but cannot guarantee it, so when investing in any stock do your own research by getting prospectus on selected companies from your investment adviser / broker or preferably direct from company web-sites to save company costs / environment and try to verify all information, especially info found on the Internet. Research and opinions provided by T A P on all companies within our web-site, posted on Internet message boards or emailed to T A P members are for information purposes only and is not a solicitation to buy, sell or hold any security. T A P reserves the right to receive compensation from selected companies and discloses amount received in the disclaimer following each company write-up. T A P may from time to time at our own discretion buy, sell or trade shares of all companies T A P promotes on our Website, Internet message boards and / or emailed to T A P members and it is our policy not to give buy, sell, hold investment advice or price targets, therefore, T A P will not alert members / investors when or if T A P decides to buy, sell or trade our position in any stock, however, may release any or all such information at any given time, at our own discretion. Investing in any stock, security and / or equity involves risk and losses could result to all or part of your investment due to hidden and / or unforeseen, unfavorable economical events from within / without companies T A P promotes. In no way and under no circumstances will T A P be held responsible should such losses occur from your decision to buy, sell or hold a position in any or all of T A P selected companies promoted on this web-site, Internet message boards and / or emailed to T A P members. Bottom line its your $$$ and your decision what you do with it!Go to T A P profile for url.
T A P has entered a 6 month contract with RollerBall International Inc. and is being compensated $30,000 for promotional services for the first 3 months to increase consumer and investor awareness. The remaining $30,000 fee is on a contingency performance basis within 6 month contract period. |
