Company Name : In-Sports Intl. Company Symbol: Authorized : 50 million Issued : 34 million
Company Background In 1981, the US Olympics Committee asked George Avery to develop a special product for the 1984 Los Angeles Olympic Games. In conjunction with Chevron / Amoco Fabrics, developed an advanced concept in synthetic turf design. Avery Sports Turf entered the athletic market nationwide by introducing the first successful 10,000 denier Low Slide Resistance polyethylene soccer/football installation in the US using an entirely rubber filled system. Innovation continued to propel Avery Sports Turf synthetic sports product into prominence through the continued efforts of major yarn extruders and technical advances. Avery Sports Turf athletic turf incorporated a multi layer isotropic backing, which eliminated the need conventional sand filled stabilizers, ensuring superior and consistent impact attenuation throughout the life of the product. This system resists foot fix and enhances playability resulting in a successful natural grass-like installations such as four full sized outdoor soccer/football fields manufactured for the Eugene 4J High School District in the summer of 2000. Our distributors in South America have adopted hybrid for of synthetic turf system using sand and rubber for the 13 practice fields in the year 2000. Objectives Based on our projected revenues for the current fiscal year and our projected annual growth, we feel that within 3 years, Avery Sports Turf will be in a suitable position to be a market leader in national and international sales. Our objective, at this time is to propel the company into a prominent market position. The sport field, or athletic, turf applications experienced excellent growth during the early 1970's when a large number of sport fields were installed by both professional and college football teams. This trend has expanded into such areas as tennis courts, soccer fields, etc. The turf market has grown from three to five sport fields in 1974 to over 200 per year currently. This growth is due to advances in product technology; improvement in cost of product in relation to gross safety of product, which can be controlled by the manufacturers; the ability to play night or day; the longevity of the product and the cost amortization over a ten year period, the current expected life-span of the turf. Facilities The manufacturing facility is located in Rome, Georgia. This facility has a total of 66,000 sq. ft. available for production and storage with a total of 200,000 sq. ft. This facility provides needed space for production and expansion to meet projected demand over the next 10 years. Production Capacity Our current production capacity for the athletic product is 500,000 sq ft. per month. Capacity for golf products is 1,000,000 sq ft. per month. Due to anticipated increases in demand for athletic turf up to 1,000,000 sq. ft. per month, additional machinery is needed at a cost of approximately $100,000. The seasonal nature of the athletic turf market dictates that the bulk of production is done between the 1st and 3rd quarter. . Low Slide Resistance . Fewer skin abrasions . Superior resistance to wear . Superior stain resistance . Uniform traction in all weather . A more natural grass like appearance . Color fastness . Resistance to air pollution . Reduces foot lock If you wish any more information please call George Avery at 1-800-765-3034 or Chris Flannery at 215-893-4954 Position Our unique advantage of superior fiber, durability, playability and competitive pricing can be exploited to propel Avery Sports Turf into a winning position. We can overwhelm our competition by utilizing our distributor sales force and saturating the market with bid proposals throughout the United States. ------------------------------------------------------------ Disclaimer MAG publishes reports providing informationon selected companies that MAG believes has investment potential. MAG is not a registered investment advisor or broker-dealer. This reportis provided as an information service only, and the statements and opinionsin this report should not be construed as an offer or solicitation tobuy or sell any security. MAG accepts no liability for any loss arisingfrom an investor's reliance on or use of this report. An investment inThe Above named company is considered to be highly speculative and shouldnot be considered unless a person can afford a complete loss of investment.MAG has been hired by a third party consultant, and is contracted toreceive a cash advertising fee of $500-$5000 for the publication andcirculation of this report. Subsequently MAG may buy or sell shares ofthe stock of the above mentioned company in the open market. This reportcontains forward-looking statements, which involve risks, and uncertaintiesthat may cause actual results to differ materially from those set forthin the forward-looking statements. For further details concerning theserisks and uncertainties, see the SEC filings of the above mentioned companyincluding the company's most recent annual and quarterly reports. _______________________________________________________________________ Powered by List Builder To unsubscribe follow the link: http://lb.bcentral.com/ex/manage/subscriberprefs?customerid=11414&subid=6997BEC5CD00E6EC&msgnum=22
