Shopnet.com Inc. (SPNT/SPNT.PK) Wrap Up:

Shopnet.com, Inc., engages in the production of motion pictures, through its subsidiary, Hollywood Productions, Inc.; and the design, manufacture, and distribution of private and brand name labels of swimwear in the United States, through another subsidiary, Breaking Waves, Inc. It co-produced three motion pictures: ‘Dirty Laundry’, ‘Machiavelli Rises’, and ‘The Girl’. Breaking Waves offers girl's and children’s swimwear, which is sold throughout the United States. In addition to swimwear, it also manufactures beach cover-ups and accessories to coordinate with its swimwear. The company’s main competitors include Ocean Pacific, Ralph Lauren, and Speedo.