BNET Industries
Last Fiscal Year Sales:$39.4M
- Public
- US
Dow Jones Description
Aerobic Creations Inc. was incorporated in the State of Nevada on February 25, 2004 to commence the production and sales of aerobics workout DVDs for personal and professional use. In May 2004, we completed an initial offering of our securities pursuant to an exemption provided by Rule 504 of Regulation D, registered by qualification in the State of Nevada, and raised a total of $40,000 for use in the development and implementation of our business plans. We have commenced limited business operations and are currently developing our products and website. We are in the development stage and have not yet sold any of products or realized any income. We incurred net operating losses of $17,043 for the period from inception to December 31, 2004. We intend to operate our business with two distinct areas of focus: Production of aerobics workout DVDs and the distribution/sales of those aerobics workout DVDs. The production of the aerobics workout DVDs will use currently available technologies and will follow proven video to DVD production protocols. Various aerobics movements and routines will be recorded, digitally stored and categorized - forming the Aerobics Movements Library (AML). The movements and routines will then be reformatted and digitally assembled into complete aerobics workouts, at which point they will be burned onto DVDs for sale and distribution.
Peer Companies
NAICS Code Motion Picture and Video Distribution: 512120
News & Analysis
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summit global logistics inc. - All News and Analysis
Summit Global Logistics Receives Court Approval for Sale to TriDec Acquisition Co. Inc
Company to Move Forward with Existing Management Team as a Private Entity EAST RUTHERFORD, N.J. -- Summit Global Logistics, Inc. (OTCBB: SGLT) ("Summit") today announced that the U.S. Bankruptcy Court for the District of New Jersey ("Court") has approved the sale of the company's assets and certain of Summit's...
Bankruptcy Court Supports Summit Global Logistics Motion
EAST RUTHERFORD, N.J. -- Summit Global Logistics, Inc. (OTCBB: SGLT) ("Summit") today announced that the U.S. Bankruptcy Court has granted a motion to deny a discovery request by Hecny Transportation Limited prior to a sale hearing scheduled for March 13, 2008. The Court on February 14, 2008 approved procedures for...
Summit Global Logistics Files For Bankruptcy Protection
Less than two years after forming Summit Global Logistics and acquiring freight transportation firms in China and the United States, Summit's owners have filed for bankruptcy protection. Under a Chapter 11 petition filed on Jan. 30 in the U.S. Bankruptcy Court in Newark, N.J., the company will be taken over...
Bankruptcy Court Approves Procedures for Sale of Summit Global Logistics Assets to TriDec Acquisition Co. Inc
Summit Reaches Agreement in Principle with Convertible Note Holders EAST RUTHERFORD, N.J. -- Summit Global Logistics, Inc. (OTCBB: SGLT) ("Summit") today announced that the U.S. Bankruptcy Court approved procedures for a sale of the company's assets and certain of Summit's subsidiaries to TriDec Acquisition Co. Inc. ("TriDec"). The sale...
Summit Global Logistics Receives Court Approval on 'First-Day Motions'
Business and Operations Continue as Usual EAST RUTHERFORD, N.J. -- Summit Global Logistics, Inc. (OTCBB: SGLT) ("Summit") today announced that the U.S. Bankruptcy Court for the District of New Jersey ("the Court") has approved all the "first-day motions" that Summit submitted as part of their filings for reorganization under...
Summit Global Logistics Announces Restructuring
TriDec Acquisition Co. Inc. Agrees to Purchase Company, Pursuant to Section 363 of US Bankruptcy Code Existing Senior Lenders to Provide Interim Financing Significant Reduction in Debt Levels Expected Business and Operations Expected to Continue As Usual EAST RUTHERFORD, N.J. -- Summit Global Logistics, Inc. (OTCBB:...
Summit Global Logistics Celebrates 1 Year Anniversary!
EAST RUTHERFORD, N.J. -- Today, Summit Global Logistics (OTCBB: SGLT) celebrates their 1 Year Anniversary. Launched one year ago, Summit Global Logistics offers high-performance end-to-end supply chain solutions for importers, primarily in the Asia to United States Trade lane. "This has been a very exciting year for all of...
The Moret Group Selects Summit Global Logistics
Leading 3PL to Perform Distribution in Mira Loma, CA Facility EAST RUTHERFORD, N.J. -- Summit Global Logistics (www.summitgl.com) (OTCBB:SGLT) a recognized leader in integrated logistics services to the fashion apparel and retail industry, today announced that they have entered into a multi-year, multi-million dollar agreement with The Moret Group...
Summit Global Logistics Moves Headquarters to East Rutherford, NJ
KENILWORTH, N.J. -- Summit Global Logistics, Inc. (OTCBB: SGLT) is pleased to announce that they have moved their Headquarter office to East Rutherford, NJ. The new office information is as follows: ...
Summit Global Logistics.(key changes)
SUMMIT GLOBAL LOGISTICS has appointed Jerry Huang managing director/Asia Pacific.
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