To: LANCE B who wrote (4233 ) 3/6/2000 8:32:00 PM From: SgtPepper Read Replies (1) | Respond to of 4792
Let the good times roll!! Pieces of yet another penny-popper puzzle coming together. YSCO: out of bankruptcy, reviving its Yes Clothing brand name and soon (drumroll please) an internet player. 0.10! Research posted by kenhawk71, Raging Bull, 3/6/00: _____________________________________________________________ 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 tem 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. Item 6. Resignations of Registrant's Directors N/A Item 7. Financial Statements and Exhibits N/A Item 8. Change in Registrant's Fiscal Year N/A Item 9. Sale of Equity Securities Pursuant to Regulation S N/A [YES\8K:TRADEMAR.8K]-2 2 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Yes Clothing Co. (Registrant)