Forum Archive Index - March 2001

["Richard Diotte" <profile@total.net>]

Hyatt Financial                           V.J Murthy, President

                                                   Phone : 905-282-9624

                                                   Fax :      905-602-6744 

CDNX : HTF                                            Closed price march 01 = $0.09 

Company profile : Haytt Financial Corporation Ltd. is an emerging, efficient, international apparel manufacturer and exporter with manufacturing facilities in India. It exports the majority of its products to North America markets, to major retailers such as Sears Canada, Moore’s, Macy’s, The Bay, Zellers and Bloomingdales.  

The company has one fully operational, 22 000 square foot clothing manufacturing plant in Bangalor, India, and plans to build and open five more during the next several years. The first plant, which commenced operation in January 1999, is equipped with state-of-the –art machinery from Japan and Germany, and has the capacity to produce 500,000 woven garments and 100,000 dozen of knitwear per year. 

This manufacturing facility is designed to accommodate 350 sewing machines and other equipment capable of cutting, sewing and finishing garments. At present, 160 machines are installed and in operation, producing various woven and knit garments for infants, children and adults. These machines are capable of producing up to 150,000 pieces of clothing monthly.

 Quality production standards: Hyatt quality standards meet world-class expectations and the Company ensures its customers satisfaction is guaranteed.  The factory facilities, standards and systems have been evaluated and approved for production by Sears Canada, Federated Department stores of New York, The Bay, Zellers and  Cluette Prabody, USA and Canada. 

In  2000, Hyatt signed two contract with Moore’s Canada for the production and shipment of $300,000 in Polo shirts. To date, Hyatt has shipped $110,000 worth to Moore’s. It also signed a $240,000 contract with Sears Canada for the production and shipment of baby garments. By the end of 2000, Hyatt has shipped $105,000 worth of the product to Sears. As a part of this contract, Sears subsequently placed a second order calling for Hyatt to produce an additional $135,000 worth of baby garments for delivery in 2001. 

In addition, the company is negotiating orders to produce quality garments for internationally regnized firms such as Disney, Federated Department stores, Hudson Bay Company, Zellers, Wal-Mart, Cluette Peabody, Roots Canada, Reitsmans Canada, Beyond Basic Kids. 

# Shares outstanding      16,597,812 

Floats                              4,000,000 

Hi/Low 52 weeks :          $0,40 / $0,06 

Total Revenus                $800,000 * 

Earnings per share         ($0.01) * 

*11 months ended September 30, 2000 

To receive an investor package : 

HYATT FINANCIAL 

V.J MURTHY 

Email : hyatt_everest@compuserve.com