United States, Ne... "A huge market within the novelty and entertainment industry is responding to the April 2000 introduction of the new holiday-related products produced by Fiestives Maufacturing Company, for which the founders of the company have proprietary rights. The introductory item to the general market was a birthday-themed party novelty, anticipating steady or non-seasonal purchases by the public. Although this device can be used for any festive occasion, an average of 700 thousand people in America have their birthday every calendar day of the year. As the public becomes more familiar with the product concept, specific additional models of the novelty are being introduced to coordinate with major US holidays, as well as personal event models. A second 'Las Vegas Souvenir' model was also introduced. This novelty has tremendous appeal to the 33 milion visitors who travel to this city annually, routinely purchasing momentos and gifts for those at home. Due to the favorable tax climate, Fiestives is a Nevada-based LLC. As the USA's consummate 'party city', Las Vegas was chosen to be the initial production and market-launch location for our devices, keeping shipping and associated costs of many of our supplies and components to a mininum. Also worthy of consideration is the resultant 'free' advertising effect of Vegas holiday-makers carrying our products to their diverse and distant homes, creating further word-of-mouth demand. At this time we are also introducing 'Wedding', 'Over-the-Hill', 'New Years' and 'Halloween' models of our device. We are on-line with a commercial website, offering our products for direct sales to the public, capturing both the manufacturer's and retailer's profit margins. Fiestives presently occupies a 12,500 square feet production and office facility, located at 5220 Steptoe Street in Las Vegas. Although completely new to the North American consumer, a similar, but pyrotechnic product has enjoyed a twenty-year history of proven success in E...
Chief Executive Officer