Home Shopping Latino, Inc.
(OTC symbol "HSPL"), is in the
process of launching a television network under the name "Viva
Telecompras",
www.vivatelecompras.com,
for selling gemstones and jewelry, vitamins, and beauty care
products to be provided by third-party wholesalers. VIVA intends
to use celebrities that are well known in the Spanish markets
to sell these products.
The company is
particularly interested in marketing high-quality, high-margin
gemstones from Madagascar and has developed exclusive
relationships for this purpose, through its representative
Venture-Net Partners,
www.vnpartners.com,
with a former Madagascar
Ambassador to the United States and former Minister of Exports. As
its distribution network develops, management intends to import
gemstones directly from Madagascar and subcontract with jewelry
manufacturers in Florida in order to offer its viewers an
exceptional value and still maintain a high profit margin for the
company.
The company plans to broadcast from studios in South
Florida. The Miami area is a center for Latin television and film
production. Many Spanish language programs are filmed in the many
television production studios, to include game shows, variety shows,
news programs, and telenovelas.
Management intends to outsource its merchandise, incoming call
center, fulfillment, shipping, website development and credit card
collection functions to third-party companies. Home Shopping Latino
plans to use a core staff to supervise the day-to-day production.
Management plans to rent all other production crews and production
equipment from third-party companies. The company intends to spend
its efforts and resources on expanding its market for Home Shopping
Latino via airtime and website broadcasts.
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