Recent News Poised to Help Emerging Apparel Company!
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Meg Athletic Corporation (MEGJ)
Approximate Float: 9 Million
Current Price: 0.045
30-Day Target: 0.30
MEG Athletic Corporation Structuring New India Agreement.
Meg Athletic Corporation (MEGJ) designs, sources and markets men's and
women's casual sports and lifestyle apparel under the Meg Athletic
trademark. Meg Athletic is a premier apparel company closing the gap
between sports based apparel and casual-lifestyle apparel. Incorporating a
unique sports casual element, Meg Athletic is firmly planting itself
into current fashion trends, in a market which will surpass 6 billion in
annual sales.
For Immediate Release: (Source: Meg Athletic Corporation)
Feb 23rd, 2005 - Reno, NV. - Meg Athletic Corp. is currently in
progressive talks with one of the largest textile manufacturing companies in
India-Siryansh Garments PVT Ltd. This deal will consist of Meg being
supplied with apparel of unsurpassed quality, from one of the most
reputable textile firms in the world. "The firm we are currently in
discussion with has compiled knitwear for some of the most dominant brands and
recognized brands in the mid to upper echelon of the fashion
marketplace," states Mr. Harvey Panesar, President of Meg Athletic Corp. "We are
proud to be involved with a company who, like us, believes in
unsurpassed quality." Mr. Panesar is also in discussions with one of the major
distribution companies in India for the Meg apparel line, which also
represents many of the top foreign apparel companies in India. "We are
trying diligently to align ourselves with the right channels to give Meg
the kickstart that it requires in a countryn with such an emerging
middle class,?states Mr. Panesar "The growth in India is phenomenal. The
emerging middle class is defining the future for India and since they
look west for fashion trends, we knew we had to align ourselves with the
right people and get our crosshairs aligned before we left the gates.
And who better to align ourselves with than a company that is already
blazing a trail for high-end US fashions in India." further states Mr.
Panesar "India's fashion economy is one of the fastest growing in the
world, I am confident and pleased that we at Meg could be a part of it."
The strength of Meg Athletic Corp. is its ability not only to be on the
cusp of fashion with its designers and fashion sense, but to pique the
interest of some professional athletes, specifically from the fastest
growing sport in the world -- Soccer. With endorsement contracts in
place with some of the world's premier soccer players, Meg Athletic is able
to utilize profile players to introduce their new marketing and
promotional campaign. Some of the current endorsements include international
superstars such as Paul Stalteri and Kevin McKenna, who have be
instrumental to the growth and success of Meg Athletic Corporation in Europe,
which has led to initial orders flowing in from the European
marketplace as outlined in previous news releases. With endorsements and
contracts continuing at the current pace, Meg Athletic Corporation is
projecting sales in excess of 5 million in Europe alone.
Conclusion:
The Examples Above Show The Awesome, Earning Potential of Little Known
Companies That Explode Onto Investor's Radar Screens; Many of You Are
Already Familiar with This. Is MEGJ Poised and Positioned to Do that For
You? Then You May Feel the Time Has Come to Act... And Please Watch
this One Trade Wednesday! Go MEGJ.
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