Quote: If a business does well, the stock eventually follows.
Comment: SKINS is a business has the product needed to do well.
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Quote: We simply attempt to be fearful when others are greedy and to
be greedy only when others are fearful.
Comment: This is a time when everyone is fearful so according to Warren Buffett that is the time to buy.
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Quote: You do things when the opportunities come along.
Comment: Is not this an opportunity to get in on the ground floor?
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Quote: Time is the friend of the wonderful company, the enemy of the mediocre.
Comment: Based on the product I believe SKINS is a wonderful company.
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Quote: You only have to do a very few things right in your life so long
as you don't do too many things wrong.
Comment: I believe purchasing SKINS will prove to be one of the right things!
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What-if Profit Chart for 1000 Shares of SKINS - sknn.ob
Wednesday, April 1, 2009
Saturday, March 28, 2009
• SKINS INC. Files SEC form 8-K, Unregistered Sale of Equity Securities
On March 19, 2009 and March 25, 2009 the Company sold two 8% Convertible Debentures to JED Management Corp. ("JED") for $185,000 each.
===================================================================================
What are "Convertible Debenture"?
"Convertible Debentures"
"Convertible debenture" is a debt instrument that can be converted into
stock at the option of the holder or the issuer.
Instead of receiving payment, the buyer of the debenture can chose to take
stock in the company. With convertible debentures, the cost of borrowing is
lower for the seller since the buyer has the option of converting it into stock.
Debentures are tools used by large companies to raise capital for their projects and operations.
On March 19, 2009 and March 25, 2009 the Company sold two 8% Convertible Debentures to JED Management Corp. ("JED") for $185,000 each.
===================================================================================
What are "Convertible Debenture"?
"Convertible Debentures"
"Convertible debenture" is a debt instrument that can be converted into
stock at the option of the holder or the issuer.
Instead of receiving payment, the buyer of the debenture can chose to take
stock in the company. With convertible debentures, the cost of borrowing is
lower for the seller since the buyer has the option of converting it into stock.
Debentures are tools used by large companies to raise capital for their projects and operations.
What are Others Saying about Skins
http://www.footwearetc.com/Skins-Footwear/
This revolutionary new footwear will change the way you pack for trips and vacations! Take one Bone and as many Skins as you want. The Skins lay flat
in your suitcase! Many pairs of shoes will now fit with ease in your luggage!
http://fsbfeatures.blogs.fsb.cnn.com/2008/03/27/build-your-own-shoes-skin-and-bones/
It took Skins founder Mark Kline nearly six years to get his new shoe concept into retails stores. Will SKINS be a success?
http://www.businessweek.com/innovate/next/archives/2007/0/i_recently_trie.html
The Skinny on the New "Skins" shoes.
http://www.sportiela.com/skins/
Skins: Just Another Silly Shoe Idea?
Skins: An Entrepreneur's' vision of a new shoe concept.
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