Dark Dynamite Announces Market and Shipping Dates.SALT LAKE CITY -- Dark Dynamite (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DKRD DKRD Disk Read Data ), an eccentric lifestyles company, announces its initial operations with the clothing labels Black Chandelier and Pink Chandelier. The fashion label Black Chandelier, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Dark Dynamite, has signed a lease with Wasatch Capital in Salt Lake City for a 3,500-square-foot studio space in the landmark Bennet paint and glass building. Black Chandelier has hired its entire design room staff and has completed preliminary negotiations with Authentic Concepts, a 12,000-square-foot facility employing 60 sewers, cutters and finishers, located in Provo, Utah. Authentic Concepts has manufactured clothing for large firms such as Levi's, Nike (NKE NKE Nike, Inc. (stock symbol) NKE National Knowledge Exam (Canada) NKE NK2 Homeobox Factor-Binding Element NKE Northwest Kodály Educators NKE Network Kernel Extension ), Ocean Pacific, and North Face, as well as having in-house computerized embroidery capabilities, a shipping department, and cutting room. Pink Chandelier a d.b.a. of Black Chandelier has completed the design work for its Fall 2004 Immediates. The market for these goods begins on Sept. 5 at the Los Angeles Market and the ship date is Oct. 31, 2004. Revenue from this collection is expected as early as Nov. 15, 2004. Patternmaker pat·tern·mak·er also pattern maker n. One who makes patterns, as for sewing, carpentry, or industrial machinery. pat Janet Anderson, a professor of pattern making and fashion illustration at a local design program, has had in-depth experience with children's wear and has developed many private label groups for department stores such as Meier and Frank. Anderson has been retained and has commenced the pattern and sample making for the Pink Chandelier group. Sales samples are slated for completion and final fit on July 31, 2004. Black Chandelier has completed the design research for its Fall 2004 Immediates and is currently in the stages of completing all screen print artwork. The collection is slated for sales beginning as early as Aug. 15 at the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Market. Graphics designer Matthew Stevens has been retained to assist the design group with the completion of the massive illustration and graphic work for this collection. Christopher Larson, a graduate of The Fashion Institute of Design and Merchandising in Los Angeles, has been retained as an assistant to the designer Jared Gold. Larson has begun research work for the Spring 2004 Black Chandelier Collection; design work for this collection began on July 6, 2004. Please visit www.darkdynamite.com for daily news updates, trading volume, stock quotes, staff resumes, projects in action, new research and development, and employment opportunities. Dark Dynamite Inc. strongly encourages the public to read the above information in conjunction with its Form 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. for Dec. 31, 2003, and Form 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound filed May 19, 2004. The above documents can be viewed at www.sec.gov. A number of statements contained in this press release are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, notwithstanding the fact that such act may not be available to Dark Dynamite Inc. These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure sufficient financing to develop and produce products. The actual results that Dark Dynamite Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. |
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