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Intelligent Security Networks poised to buy Gambino Apparel Group
30 Mar '06
2 min read
Intelligent Security Networks Inc has agreed to buy Gambino Apparel Group Inc of Deerfield Beach, FL through an exchange of shares of Common Stock.
The transaction, which will include a change of name of the company, has been approved by shareholders and is expected to close on or before April 15th 2006.
Company founder, CEO and principal designer Christopher Gambino will serve as Chairman and CEO of the company while Evelina Gambino will serve as Executive Designer. Upon closing, the company will be renamed Gambino Apparel Group Inc.
"I look forward to taking our company to the next level of development and expansion through this acquisition," said Gambino.
The company's executive offices, showroom, retail store and production facility are located in Deerfield Beach, Florida. Additional showroom/retail locations are planned for New York, Boston, Los Angeles and Fort Lauderdale during the next year, and additional production and warehouse space will be obtained in the near future.
The company's fashion line will also be featured in a series of nightclub promotions throughout the United States hosted by actor Steven Bauer.
Gambino Apparel Group specializes in trendy Brazilian-cut denim fashions, including its signature line of 'Bullet Hole Jeans' accented with Swarovski crystals. It also designs and produces ladies' tops, skirts and lingerie, as well asmen's shirts and jeans.
Intelligent Security Networks Inc – The Group's principal activity is to develop, market and distribute a complete line of proprietary, all-natural sun-care, skin-care products for the Resort, Day Spa, Cruise Ship and home markets.
The transaction, which will include a change of name of the company, has been approved by shareholders and is expected to close on or before April 15th 2006.
Company founder, CEO and principal designer Christopher Gambino will serve as Chairman and CEO of the company while Evelina Gambino will serve as Executive Designer. Upon closing, the company will be renamed Gambino Apparel Group Inc.
"I look forward to taking our company to the next level of development and expansion through this acquisition," said Gambino.
The company's executive offices, showroom, retail store and production facility are located in Deerfield Beach, Florida. Additional showroom/retail locations are planned for New York, Boston, Los Angeles and Fort Lauderdale during the next year, and additional production and warehouse space will be obtained in the near future.
The company's fashion line will also be featured in a series of nightclub promotions throughout the United States hosted by actor Steven Bauer.
Gambino Apparel Group specializes in trendy Brazilian-cut denim fashions, including its signature line of 'Bullet Hole Jeans' accented with Swarovski crystals. It also designs and produces ladies' tops, skirts and lingerie, as well asmen's shirts and jeans.
Intelligent Security Networks Inc – The Group's principal activity is to develop, market and distribute a complete line of proprietary, all-natural sun-care, skin-care products for the Resort, Day Spa, Cruise Ship and home markets.
Intelligent Security Networks Inc
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