Looks like YSCO is coming out of bankruptcy, reviving its brand name, and becoming an internet player.
DD follows:
1) Info on recent registration of web site.
2) Old stuff from the 8-K explains the situation here.
3) Info on Weed & Co.
Now at 0.08!
_____________________________________________________________
Whois Information for yesclothing.com :
[whois.InternetNamesWW.com]
Domain Name............ yesclothing.com
Registration Date.... 2000-02-26
Expiry Date.......... 2002-02-26
Organisation Name.... Weed \%27 Co.
Organisation Address. 4695 MacArthur Ct. Suite 530
Organisation Address.
Organisation Address. Newport Beach
Organisation Address. CA
Organisation Address. 92660
Organisation Address. UNITED STATES
Admin Name............. Rick Weed
Admin Email.......... ellie_snow@MSN.COM
Admin Phone.......... 949475-9086
Tech Name.............. VERIO VERIO
Tech Email........... hostmaster@VERIO-HOSTING.COM
Tech Phone........... 888-663-6648
_____________________________________________________________
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 19980331
ITEM INFORMATION:
FILED AS OF DATE: 19980505
SROS: NONE
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: YES CLOTHING CO
CENTRAL INDEX KEY: 0000856979
STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS
OUTERWEAR [2330]
IRS NUMBER: 953768671
STATE OF INCORPORATION: CA
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: 8-K
SEC ACT:
SEC FILE NUMBER: 000-18064
FILM NUMBER: 98609920
BUSINESS ADDRESS:
STREET 1: 4695 MACARTHUR CT
STREET 2: STE 550
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
BUSINESS PHONE: *****7148335381*****
MAIL ADDRESS:
STREET 1: 4695 MACARTHUR CT
STREET 2: STE 550
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
Item 5. Other Events
Effective March 31, 1998, the Registrant reached an agreement with NuVen Advisors Inc. and NuVen Capital L.P. (collectively "NuVen") to jointly pursue a licensing program through a new entity to be formed by NuVen, Yes
Licensing Partners, LLC. NuVen has agreed to purchase the Yes trademark from Republic Business Credit Corporation ("Republic"), a secured creditor in the Registrant's Chapter 11 case, and contribute the trademark to the new entity.
Under the agreement, the Registrant will receive a percentage of the profits from the new entity until certain conditions are met underlying the Registrant's financial restructuring and recapitalization. And, thereafter, have the right to acquire the license for shares of its common stock.
The Registrant believes that the relationship with NuVen will allow it to avoid a foreclosure by Republic and the loss of its rights to various trademarks. The Registrant believes that the new venture with NuVen will enable it to rebuild the Yes brand through licensing agreements with manufacturers and major retailers. The Registrant believes that its trademark may be licensable into as many as 23 separate fashion categories, all related to men's wear,
women's wear and children's wear.
Since dismissal of its Chapter 11 case on March 11, 1998, the Registrant has focused its resources upon a strategy to rebuild its brand through licensing its various trade names to retailers and selected wholesalers of mens, womens and junior miss apparel.
Yes Clothing Co.
(Registrant)
____________________________________________________________
MORE!
Weed & Co. has control on the shell. In the past Weed has helped shell company to merge, could be what they want to do with YSCO...
About Weed & Co.
Projects
The following is a summary of some of Weed & Co.'s recent projects:
$2,200,000 financing for an award-winning developer of new media content for the Internet, entertainment companies, and interactive satellite channels
Engaged by majority shareholder to liquidate Midwest based N.A.S.D. Broker Dealer
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Merger of $10,000,000 limited partnership into SEC reporting shell company
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Engaged by worldwide supplier of telecommunications equipment and related software used by service providers in the paging and other wireless personal communications
market to assist with securities law compliance and convertible debt offering
$5,000,000 financing for independent film production and distribution company for science fiction and fantasy films
$5,000,000 financing for company providing real-time on demand billing systems to the wireless telecommunications industry
$900,000 financing for development stage business e-commerce company in the automotive parts aftermarket
Start up financing for manufacturer of micro manufacturing facilities for the production of large volume parenteral solutions
Expansion financing for agricultural commodity trading and shipping company
General advice on business strategy and legal affairs to company that designs, manufactures, and markets specialty products for the giftware and garden industry
Private offering for an online investment bank providing online investment services to self-motivated investors
$1,500,000 financing for creator and publisher of entertainment products based on fictional adventure characters
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