From Burn Notice, great post! "Press Release da
Post# of 7153
"Press Release dated Jan 8, 2013, indicates Dussault Apparel, Inc.
Is clearly seeking a merger candidate...
“As prior reported, the Company made changes to its Board of Directors in October 2012 and determined to initiate a review process to consider strategic alternatives with a view to enhancing shareholder value. That process is continuing and we hope to conclude the process and have additional operations or new business developments by the end of the first quarter. As prior reported, strategic alternatives may include, but are not limited to, the sale of all or a portion of Dussault's assets, a merger or other business combination transaction involving a third party, a joint venture, a financing, as well as continued execution of Dussault's existing business plan, or any combination thereof. Certain of these actions may impact on the current shareholders as they may cause a change of control or a restructure of the Company.”
http://finance.yahoo.com/news/dussault-appare...06630.html
So why is Natalie no longer listing DUSS on Linkedin?
http://www.linkedin.com/pub/natalie-bannister/4b/a45/b41
Clearly, she is indicated in 10Qs as the CEO/CFO/President...
Taken from the April 30, 2013 10Q:
“On July 11, 2012, Ms. Natalie Bannister was appointed as a Director of Dussault Apparel Inc. (the “Cor
poration”). On October 4, 2012, with the resignation of Mr. Jason Dussault as an officer and director of the Company, Ms. Bannister consented to act as Chief Executive Officer, President, Secretary and Treasurer in addition to her role as a director.”
Most recently, A/O Sep 5, 2013, she’s listed in a 10Q Ammended,
Page 5: s/Natalie Bannister, Chief Executive Officer and President
Signed on September 4th, 2013
http://www.otcmarkets.com/edgar/GetFilingPdf?...ID=9354849
This begs the question, why would a CEO from a “merger seeking” company like Dussault Apparel, Inc., continue to “administratively clean” house?
Hire a new, independent auditor? http://biz.yahoo.com/e/130306/duss8-k.html
Keep the debt structure low, preserve liabilities and the O/S base?
Other Facts from 10Q,
Report Ending April 30, 2013:
Page 2: 353,444,347 shares of common stock issued and outstanding as of June 5, 2013
Page F2: Net Income (Loss) 6 months ending April 30: ($53,610)
Page F1: Total Liabilities and Shareholders' Deficit: $4,555
Is something bubbling?
The end of the FY is coming up real soon!
Is it just that, or it is no secret, DUSS is “...considering strategic alternatives!?”
Burn "