Level 3 Securities Market Performers this morning are: Snocone Systems Inc. (OTC BB: SCOS), Microsoft CP (NASDAQ: MSFT), Sun Microsystems (NASDAQ: SUNW) and Sirius Satellite Radio (NASDAQ: SIRI).
In seeking their most lucrative and savvy acquisition to date, Snocone Systems Inc. (SCOS), has signed a Letter of Intent (LOI) to acquire 100% of the shares of Who’s Your Daddy, Inc. for fifty percent of the shares of Snocone in a share-for-share exchange. The LOI is subject to due diligence by both parties and the receipt of a $2 million private placement financing by SCOS, prior to closing. In addition, Snocone expects to complete a financing of an additional $5 million within the year. Following the closing, Snocone will change its name to Who’s Your Daddy Licensing, Inc. This is fantastic news for investors and makes Snocone a strong buy now!
The revenue stream from this agreement is significant and well worth a very close look. Who’s Your Daddy designs and licenses many appealing products for men and sports fans. These trendy items are centered around the trademark protected brand, “Who’s Your Daddy.” Who’s Your Daddy, the company, holds trademark rights to “Who’s Your Daddy” in the United States, Canada, and Europe and is in the process of obtaining trademark rights in Australia and Japan. The possible revenue stream from such an acquisition shows great promise!
Advertisement
An important part of the Who’s Your Daddy business strategy has been licensing the brand in the United States and Europe. The Who’s Your Daddy brand has been licensed to Amazon Leisure Ltd, Ireland, for which Who’s Your Daddy has received a royalty of 8% on sales of $9,500,000 for the past 3 years. Who’s Your Daddy has achieved gross revenues of approximately $930,000 in total revenues since 2002. Snocone believes that with the financing of $2,000,000 and the marketing plan outlined for the business in the coming year, SCOS can expect a significant increase in revenues. The Who’s Your Daddy brand is uniquely positioned as major retailers such as Mervyn’s, Burlington Coat Factory, TJ Maxx, Marshall’s, Anchor Blue (formerly Miller’s Outpost) and Kohl’s carry Who’s Your Daddy branded clothing — offering Cutting-edge designs with a high-quality product — at mass market prices. Don’t wait to add SCOS to your portfolio!
Another area showing promise of increased revenue is the Who’s Your Daddy website, www.theclothingline.com, which will carry the Who’s Your Daddy line of clothing. The business strategy behind Who’s Your Daddy focuses on maintaining the edge, energy and humor behind the Who’s Your Daddy brand while continuing to build brand awareness and recognition. The Who’s Your Daddy target market includes young adult males, sports fans and gift buyers for these groups. That’s a lucrative demographic spread! As part of the Who’s Your Daddy strategy, Who’s Your Daddy has developed products and events that appeal to these groups and continues to assess opportunities to expand their products and markets. Who’s Your Daddy is working on introducing a current product line into wider retail distribution and is expanding the current product line at existing retail locations to include women, junior and toddler lines — thus reaching out to even more consumer groups.
Snocone continues to strengthen its base and bottom line through acquisitions that show great promise for extensive growth in major market sectors. Snocone also explores innovative wireless solutions market opportunities. In two years’ time, Snocone has successfully developed wireless mobile applications that can be used for professional sports, entertainment, business, homeland defense, wireless mobile security and surveillance, tourism, hospitality, and finance web monitoring. Visit www.snoconesystems.com.
Neither the information nor any opinion expressed herein constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives, related to such securities. Level 3 Securities Inc was compensated twenty five hundred dollars for this opinion by a third party. Level 3 Securities Inc. and its affiliates may trade for their own accounts in any securities of the issue (or issues) or in related investments. Level 3 Securities Inc. does not accept liability for any loss resulting from an investor’s use of, or reliance, on this report. Level 3 Securities Inc. has obtained information from sources that are considered reliable but it is not guaranteed that this report is accurate or complete. Considerable reliance has been placed on information the company has released to the public domain or provided. However, no representation or warranty is made as to the accuracy, reliability, or timeliness of the content. This report contains forward-looking statements, which involve risks and uncertainties, which could cause actual results to differ from those implied by these statements. It is intended that all forward-looking statements be covered by the “safe harbor” provisions of section 21E of the Securities Exchange Act of 1934. Past performance is not necessarily a guide to future results. The opinions expressed are as of this date and Level 3 Securities, Inc. assumes no obligation to update, modify, or amend this report.







January 11th, 2010 at 3:17 pm
This is truly wonderful. Thanks for putting this online
May 11th, 2010 at 9:25 am
Your impressive and unique content amazed me. You have written perfect piece.