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Share Name | Share Symbol | Market | Type |
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Sportsclick (Tier2) | TSXV:SCV | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
SPORTSCLICK INC., (TSX VENTURE:SCV) ("SportsClick") listed on the TSX Venture Exchange Inc. under the trading symbol "SCV" is pleased to announce that it has acquired KelBel, Inc., owners of the patents and trademarks for Aqua Caddy(TM). This acquisition adds a unique new golf product to SportsClick's comprehensive line of branded sports and promotional merchandise. Information about the Acquisition Under the terms of the purchase agreement, SportClick will issue 1.1 million common shares of the SportClick in exchange for all of the issued and outstanding shares of KelBel, Inc., a Pennsylvania based company, for a total purchase price of $165,000 CDN. Mr. John Yakopcic, the President of KelBel, Inc., will also be joining SportsClick to head up the sales and marketing of Aqua Caddy in North America. "SportsClick will be bringing Aqua Caddy(TM) to market through our network of retailers, online stores in Canada and through its recent acquisition of Southprint Inc., which markets sports merchandise under the trade name of Checkered Flag Sports" said Jack Ross, SportsClick's CEO. "We think this is one of the most original products on the golf market and it's going to be a big hit on the course this year." Information about Aqua Caddy(TM) Aqua Caddy(TM) was featured during NBC Sports' coverage of the PGA's Accenture Match Play Championship on February 28th and March 1st 2009. This coverage was the result of a successful product demonstration at the PGA Merchandise Show held on January 29th to 31st in Orlando, Florida. The Aqua Caddy(TM) stood out as a one of the most innovative new products to the over 40,000 attendees. "SportsClick is an ideal partner to market Aqua Caddy(TM)," commented John Yakopcic, of Pittsburg, PA, inventor and founder of Aqua Caddy(TM). "They're unique in that they wholesale to leading retailers and sell direct to golfers online. Their combination of operational expertise and market reach is tough to beat." Information about SportsClick Inc. SportsClick is a leading wholesaler of licensed, authentic sports merchandise and apparel across North American. SportsClick is committed to expansion through strategic acquisitions of leading businesses in the specialty apparel and promotional merchandising sectors. Copies of SportsClick's documents may be obtained electronically from the SEDAR system at www.sedar.com. Web Sites: www.sportsclick.com www.checkeredflagsports.com www.theaquacaddy.com Certain statements contained in this document are "forward-looking statements". The projections, estimates and beliefs contained in such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results or events to differ materially from those anticipated in any forward-looking statements. SportsClick believes the expectations reflected in those forward-looking statements are reasonable; however SportsClick cannot provide any assurance that these expectations will prove to be correct.
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