WITHOUT A NET: FOTOBALL REPORTS LOSS FOR SECOND QUARTER
Fotoball USA Inc., the manufacturer of sport ball products
with imprinted images of athletes and logos, reported a net loss
of $134,653 or $.05 cents a share for the second quarter ended
June 30, down from a net income of $650,343 from the year before.
Sales over the three month period were down over $3M. The company
said lack of a settlement in MLB's labor dispute and the
"diminished fan support" has decreased demand for the company's
product. Fotoball USA President Michael Favish said the company
is "aggressively pursuing potential NFL and NCAA football
promotions" to increase sales (Fotoball).