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$7.0 Billion Music Industry Emerging Company Fat Katz Music

Symbol OTCBB: ICRI
Recent Price: $0.32
52wk Range: $0.25 - $1.87
Recent News: ICrystal to Acquire Fat Katz Music
Company News and Quote available on Yahoo Finance - ICrystal (OTCBB: ICRI)
Fat Katz Music, LLC, a guitar and music retailer based in Baton Rouge, LA,
is being acquired by ICrystal, Inc. (OTCBB: ICRI) in preparation for being a
contender for a share of the $7.0 Billion music retail market.  ICrystal
management sees the potential in capturing a portion of the market and plans
to aggressively pursue a unique store expansion strategy that will allow
rapid growth.
The potential for Fat Katz Music is illuminated by Guitar Center, Inc.
(Nasdaq: GTRC), the nation's leading retailer of guitars, amplifiers,
percussion instruments, keyboards and pro-audio and recording equipment,
which recently reported that it continues to expect sales of $342 million to
$352 million.  Guitar Center’s strong growth has invited serious interest by
mutual funds such as Dreyfus Growth & Value Funds ?Dreyfus Emerging Leaders
Fund (Nasdaq: DRELX), Morgan Stanley Dean Witter Institutional Fund Inc
Small Company Growth Portfolio (Nasdaq: MSSGX) and Fidelity Contrafund Inc.
(Nasdaq: FCNTX).
The retail market for music products was estimated in a study by the
National Association of Music Merchants, or NAMM, to be approximately $7.0
billion in net sales.  There is a large fragmented market that is available
for a competitor to take advantage of through building brand name
recognition and acquiring smaller regional stores.


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the companies mentioned herein.

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