wild craze inc (WILD) Key Developments
Wild Craze, Inc. Announces Exclusive Canadian Distribution Agreement with Stortz Toys
Sep 24 13
Wild Craze, Inc. announced that the company has signed an exclusive distribution agreement with Stortz Toys to distribute the company's award winning EcoAquarium(TM) and other great products of the Company and its subsidiary, Wild Creations, Inc.
Wild Craze, Inc. Opens New Sales and Distribution Center in Oakville, Ontario
Aug 19 13
Wild Craze, Inc. announced that the company has opened a new sales and distribution center in Oakville, Ontario, located outside of Toronto, to expand its existing business in Canada. The company currently sells its EcoAquariums in Canada in approximately 15 independent stores and two regional chains and there are immediate plans to introduce in Canada the E-Bird RC and the RC Rattlesnake, a radio controlled bird and snake for all ages to enjoy, before the holiday season.
Private Citizen, George Sharp Name Wild Craze, Inc. as Defendant in Lawsuit over Violation of Anti-Spam Laws in Order to Conduct a Pump & Dump Campaign
Aug 16 13
Private citizen, George Sharp, named Wild Craze, Inc. as an additional defendant in an ongoing civil action for violations of California Business and Professions Codes 17529.5 (Anti-Spam). The complaint identifies WILD CRAZE and others involved in a scheme allegedly to disseminate spam emails in order to artificially create a marketplace for the stocks of those companies at artificially high prices. The Complaint was filed by George Sharp in the San Diego County Division of California Superior Court (Case No. 37-2012-00101057-CU-NP-CTL) on July 23, 2012. Two of the defendants including Premier Brands, Inc. have already been liable for the Pump & Dump scheme. In his complaint, Mr. Sharp states that the Defendants deliberately used offshore promoters and advertisers to disseminate unsolicited emails, veiled as newsletters with names such as "Stock Castle", "Wall St. Penny Advisors", "Obscure Stocks" and "Hottest Penny Stocks" imploring him to buy WILD CRAZE stock; and, in spite of multiple attempts by the Plaintiff to opt out of these emails, the spam continued to be sent to his inbox. Under BPC -- 17529.5, violators are subject to pay damages of up to $1,000 for each spam email to each recipient.
Wild Craze, Inc. announced delayed 10-Q filing
Aug 14 13
On 08/14/2013, Wild Craze, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Wild Craze, Inc. Enters into $2 Million Senior Secured Revolving Line of Credit Facility
Jul 31 13
Wild Craze, Inc. announced that the company has entered into a $2 million senior secured revolving line of credit facility with TCA Global Credit Master Fund, LP. The initial draw down under the terms of the credit facility is $300,000 which will provide the company with immediate working capital for inventory and expansion of its Wild Creation and SnapTagz(R) product lines, online marketing campaigns, additional growth strategies, as well, other general corporate purposes.