Ankaa (PINK:DSPA)

Our initial business plan was to provide custom, silk-screened T-shirts to collegiate consumers. The demand for our products has been generally seasonal during the academic school year. To date, all of our sales have been generated during the academic school year. The business plan did not work as intended resulting in continued losses. This plan has been suspended.

We have been working on several alternatives to the existing business plan and will announce any changes once completed.

Our efforts to obtain additional capital in order to further pursue our initial business plan has been unsuccessful.

( 10 Q March 2008 )

Last updated May 18, 2008