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Strategies & Market Trends : Tim'$ Thoughts And Picks For Maximum Returns: By Tim85gt $

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To: Tim85gt who wrote (956)3/29/2004 1:48:07 AM
From: Tim85gt  Read Replies (1) of 1056
 
WNMI stock I was just checking out - interesting asset purchase agreement they had before they changed there name to WNMI - warning model management from FIXN famous fixins inc......

May 2002, Famous Fixins, Inc. consummated a Settlement of Debts and Asset Purchase Agreement pursuant to which the Company divested all of its operations and sold substantially all of its assets and certain specified liabilities to Starbrand, LLC in exchange for cancellation of $450,000 of the Company's outstanding 4%, $1,500,000 convertible debentures.
In May 2003, the Company changed its name to Warning Model Management Inc.

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Business Summary

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CURRENT BUSINESS INFORMATION: Warning Model Management Inc.'s principal service is providing models for commercial and high-end fashion purposes. It provide both male and female models to a wide range of advertising media using print, still photography, video and television commercials. The Company also supply models for high-end fashion engagements, such as fashion shows and runway walks.
The Company's Current clients include all the major fashion lines as well as local clientele such as Macy's, Nordstrom's, Mervyns, Robinsons-May, Gap, Banana Republic, Bon Marche, Eddie Bauer, J. Crew and Talbot's. Warning also represents many of the Victoria Secret Models. WAMM's models are prominently featured in print media, including the world's top fashion magazines, TV commercials and other retailing media campaigns.
HISTORICAL BUSINESS INFORMATION: The Company was originally incorporated in 1984 in Utah as Straw Dog, Inc.
November 1985, Straw Dog, Inc. changed its name to Tinderblock, Inc.
July 1995, Tinderblock, Inc. reincorporated in Nevada by merging with Spectrum Resources, Inc.
May 1998, Spectrum Resources, Inc. acquired Famous Fixins, Inc., a privately-held New York corporation. The Company was a promoter and marketer of celebrity endorsed food products. It commenced business activities in 1995 and began sales operations in 1997.
June 1998, Spectrum Resources, Inc. changed its name to Famous Fixins, Inc.
November 1998, Famous Fixins, Inc. was reincorporated in New York by merging into its wholly owned subsidiary, Famous Fixins Holding Company, Inc.
March 2002, Famous Fixins, Inc. increased their authorized capital from 25,000,000 shares to 200,000,000 shares,
May 2002, Famous Fixins, Inc. consummated a Settlement of Debts and Asset Purchase Agreement pursuant to which the Company divested all of its operations and sold substantially all of its assets and certain specified liabilities to Starbrand, LLC in exchange for cancellation of $450,000 of the Company's outstanding 4%, $1,500,000 convertible debentures.
In May 2003, the Company changed its name to Warning Model Management Inc.


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Hmmmmmmmmmmmmmm
Just came across this info - saw the ASSET PURCHASE AGREEMENT that WNMI had- and since I was reviewing IBII filings about there asset purchase agreement , wondering if its the same route IBII is trying to go:))

Hmmmmmmmmmmmmmm just a thought - whether I am on the money or totally off on this - had to post for future reference ................
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