27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Cleveland, Ohio, Aug. 18, 2014 (GLOBE NEWSWIRE) -- (Cleveland, OH) RevoLaze, a laser technology firm headquarteredin Westlake, OH, announced today that it has filed a complaintrequesting a 337 Investigation with the U.S. International TradeCommission (ITC) for patent infringement. The claim was submittedby Dentons, the law firm representing RevoLaze.
The 17 denim jean companies named include Abercrombie &Fitch, American Eagle Outfitters, BlankNYC, The Buckle Inc.,Buffalo David Bitton, Diesel S.p.A, DL1961 Premium Denim Inc.,Eddie Bauer LLC, The Gap, Inc., Guess? Inc., H&M Hennes &Mauritz AB, Roberto Cavalli S.p.A d/b/a Just Cavalli., KoosManufacturing, Inc. d/b/a AG Jeans and Big Star, Levi Strauss &Co., Lucky Brand Dungarees, Inc., Fashion Box S.p.A. d/b/a Replay,VF Corporation d/b/a/ 7 for All Mankind.
The ITC is an independent U.S. federal agency consisting of sixcommissioners appointed by the President of the United States andconfirmed by the U.S. Senate. Once a complaint is filed, the ITChas 30 days to determine whether an investigation should beinstituted on the basis of the complaint. Investigations aretypically completed in about 15 months. Preliminary relief is alsoavailable. A general exclusion order is requested in the complaint.This was included to prevent any and all denim jean companies frominfringing on RevoLaze's patented technology, not just the 17 namedin the complaint.
This complaint filing with the ITC follows 17 lawsuits filed inCleveland U.S. District Court last Friday, August 15, naming thesesame 17 denim jean companies in violation of patent infringement.These lawsuits were also filed by Dentons.
RevoLaze is a family-operated American company that currentlyholds 29 worldwide patents for laser scribing methods to impartgraphics and patterns on a variety of substrates. A significantportion of RevoLaze's intellectual property discloses the use ofthe laser scribing technology for fabrics such as denim. RevoLazeCEO Darryl Costin, PhD., has spent 20 years developing high-speed,high-power laser scribing technology for the denim industry.RevoLaze's laser abrasion technology replaces the sandblast processused in the creation of "worn look" denim jeans and found to beassociated with a disabling and sometimes fatal lung disease calledsilicosis for the workers.
Major denim jean companies have banned the use of sandblasting.RevoLaze, through the use of its laser systems, can offer itspatented laser abrading technology to solve this catastrophichealth problem and substantially increase throughput versus thesandblast process. RevoLaze's patented processes also dramaticallyconserve water and reduce the amount of chemicals used in denimmanufacturing.
"We have worked very hard over the last two decades to inventand patent our proprietary laser scribing technology to benefit thedenim industry," says Costin. "Our goal has always been to do theright thing. We want to help protect workers. We want to conservethe environment and significantly contribute to the denimindustry's green movement. We want the denim industry to continuegrowing and to realize cost, quality, throughput and environmentaladvantages with RevoLaze technology."
However, Costin also wants companies to use RevoLaze's patentedtechnology legally. "We rely upon our numerous granted utilitypatents to protect our technology and to safeguard its competitiveposition," says Costin. "Basically there are companies out therewho looked at our technology in the past, and are now selling jeansmanufactured with the laser abrasion processes. We're asking theITC to provide us protection." If the ITC agrees that imports haveviolated RevoLaze's patents, an exclusion order will be issued toU.S. Customs and Border Protection (of the Department of HomelandSecurity) excluding those products from the United States.
The advancements RevoLaze has brought to the denim industry havenot gone unnoticed in the business community. Earlier this year,Roy P. Disney made an investment in RevoLaze and joined the boardof the company. Mr. Disney's investment in RevoLaze was madethrough an investment vehicle affiliated with Shamrock Holdings,Inc., the Roy E. Disney family's investment company. In 2013, LearCorporation reviewed the RevoLaze technology and its ability to beused in the automotive industry. Based on that review it made anequity investment in the company and has a seat on the board. Learis one of the world's leading suppliers of automotive seating andelectrical distribution systems.
About RevoLaze LLC
Through a combination of unique digital software andspecifically designed material delivery systems, RevoLaze developsthe highest speed, highest power galvo driven laser machines on theplanet. With over 20 years of experience, and 29 patents grantedworldwide, RevoLaze offers its licensees unprecedented costreduction, throughput enhancement and design flexibility. To learnmore about RevoLaze, visit www.revolaze.com.
About Shamrock Holdings, Inc.
Shamrock was founded by the late Roy E. Disney in 1978 andserves as the family office and investment vehicle for certainmembers of the Roy E. Disney Family. Shamrock's tenets arestraightforward - invest and act with integrity, responsibility andtransparency.
About Lear Corporation
Lear Corporation is one of the world's leading suppliers ofautomotive seating and electrical distribution systems. Thecompany's world-class products are designed, engineered andmanufactured by a diverse team of approximately 122,000 employeeslocated in 36 countries. Lear's headquarters are in Southfield,Michigan, and Lear is traded on the New York Stock Exchange underthe symbol [LEA].
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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