The Company, which was incorporated in the State of Delaware on June 25, 2002, we market recreational products that are made from INSULTEX, a material with buoyancy and thermal resistant properties. Since our formation and as more fully explained throughout this Form 10-KSB, we have devoted our efforts to:

 
  •   Formulating and developing our business plan;

 
  •   Raising capital through a private placement of our stock;

 
  •   Developing our marketing plan;

 
 ...