Market Pulse Breaking News Alert for Tuesday, January 11, 2005: MEGJ - Meg Athletic Corporation Announces Continued Endorsement of Scottish Soccer Star!
Market Wire, January, 2005
Market Pulse News Alert for this AM, Stocks to Watch are: Meg Athletic Corporation (OTC: MEGJ), American Pharmaceutical Partners Inc. (NASDAQ: APPX), Law Enforcement Associates Corporation (OTC BB: LENF), and Aastrom Biosciences, Inc. (NASDAQ: ASTM).
Investors need to be watching Meg Athletic Corporation (OTC: MEGJ) this AM! Meg Athletic designs, sources and markets men's and women's sportswear under its trademarks and is currently focused on developing soccer-centric sporting apparel for the general consumer. The company's products include accessories, footwear, and soon to be fragrances offered through a number of licensing agreements in the sports and leisure lifestyle apparel market, which surpasses $6 billion in annual sales! Meg Athletic had great news out after yesterday's bell regarding the continued endorsement of a Scottish Soccer Star! This could be excellent news for investors!
Meg Athletic Corporation (OTC: MEGJ) is pleased to announce the continued endorsement of star forward Kevin McKenna, of the Hearts Football Club in the Scottish Premier League. Mr. McKenna is a great talent that provides great diversity to the football club he plays for, with the ability to shift between defender and center forward. A great talent that will be a great asset for the Meg Athletic Corporation.
"Mr. McKenna brings a unique caliber to his game; his attributes, his skill, his talent, his charisma, more than an ideal combination. For us to get him and keep him is greatly rewarding,'' states Mr. Harvey Panesar, President of Meg Athletic Corporation. "It wasn't difficult to convince Kevin of becoming a part of Meg and its soccer-centric line. Kevin jumped at the opportunity and we are truly glad that we have him to help build our brand.''
Meg has incorporated a different vision than its predecessor company, one that encourages input from the stars that support the brand. "We are lucky that we are attracting such quality talent, that we felt it was a unique opportunity to ask them what they would like to see and wear what they felt comfortable in,'' quoted Mr. Panesar. "This makes these superstars feel like part of the building process, and the response has been tremendous.''
Kevin has tallied over 20 goals since coming to Scotland in March of 2001. Kevin has helped Hearts reach the League Cup semi-final in February of 2003, as well as top 3 finishes in the 2002/03 and 2003/04 season play.
"I have a great respect for the people behind Meg,'' states Kevin McKenna. "As soon as I saw their vision, I knew that I wanted to be a part of what they were doing, what they were building. I am more than excited that I am given the opportunity to be a part of a brand such as Meg; this is a real treat!''
"We knew from the onset that we would have a positive reaction and from this instance forward, we were determined to let everyone share in the vision for our brand and we are elated that these superstars are coming on board with Meg,'' states Mr. Panesar.
Stocks acting well as of late include: American Pharmaceutical Partners Inc. (NASDAQ: APPX), Law Enforcement Associates Corporation (OTC BB: LENF), and Aastrom Biosciences, Inc. (NASDAQ: ASTM).
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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Meg Athletic Corporation compensation from a third party: one million free trading shares of stock in Meg Athletic Corporation, already delivered from a third party. To date, MP has sold ten thousand shares of stock in Meg Athletic Corporation for proceeds totaling one thousand five hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market Pulse News Alert is a division of MP.
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