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Styles On Video Inc

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BUSINESS
December 27, 1994
Styles on Video Inc., a Canoga Park-based maker of electronic imaging systems, said one of its top executives has resigned, and that a class action lawsuit alleging violations of federal securities laws has been filed against the company. Company officials could not be reached for further explanation of the nature of the lawsuit, or for comment on the reason for the resignation of Thomas Leaper, formerly chief operating and financial officer.
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BUSINESS
February 27, 1996 | JACK SEARLES
Styles on Video, a Newbury Park producer of a computer system used in beauty salons, will discontinue its main beauty imaging and franchising business to focus on its baby-photography and software operations. While winding down, Styles will continue to service the system, which alters a customer's picture to show how the customer would look with different hairstyles and hair colors. In the future, Styles plans to focus on Forever Yours Inc.
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BUSINESS
December 13, 1994
Styles on Video Inc., a Canoga Park maker of computer imaging systems for hair salons, said it asked the American Stock Exchange to investigate recent trading of its stock for possible attempts to manipulate the price. The company said it believes that short selling might have occurred that violates Securities and Exchange regulations.
BUSINESS
May 2, 1995
Styles on Video, a Canoga Park maker of computer imaging systems used to preview hairstyles, said it has settled a class-action shareholder lawsuit filed against the company in December, as well as a recent shareholders' derivative suit naming the directors and certain officers of the company.
BUSINESS
January 10, 1995
Styles on Video Inc., a Canoga Park maker of computer-imaging systems for beauty salons, said its results for the fourth quarter that ended Dec. 31 are expected to be "substantially lower" than analysts' estimates because some shipments were delayed after customers asked for design changes. In other news, Charles Plumb was named president of the company, a new position. Previously, Plumb was president of Ponta Gorda Isle Inc. Guy De Vreese remains chairman and chief executive officer.
BUSINESS
February 15, 1994
Styles on Video Inc. in Canoga Park said it completed the purchase of Dycam Inc., a Chatsworth company that makes digital cameras for use with computers, for about $5 million in stock. Styles, a computer-imaging concern, said acquiring Dycam enables it to take advantage of emerging interactive, multimedia technologies. Styles also said it intends to file a registration statement with the federal Securities and Exchange Commission for a proposed stock offering of up to 1 million shares.
BUSINESS
April 26, 1994
Styles on Video Inc., a Canoga Park developer and marketer of hair-imaging systems, reported a first-quarter profit of $1.41 million on revenue of $3.29 million, citing growth in its international business plus new products. The company said it also did not have to pay income taxes in the first quarter because of certain options that it exercised.
BUSINESS
March 8, 1994
Styles on Video Inc., a Canoga Park developer and marketer of hair-imaging systems, reported a profit of $668,730 for the fourth quarter, boosting its profit for 1993 to $2 million. For the quarter ended Dec. 31, the company had revenue of $3.17 million. Revenue for 1993 totaled $8.55 million.
BUSINESS
October 26, 1993
Styles on Video Inc. reported a net income of $558,000 for the third quarter that ended Sept. 30 on revenues of $2.1 million. The Canoga Park-based company also reported that earnings totaled $1.36 million for the nine months that ended Sept. 30 on revenues of $5.38 million. Styles on Video had its first public stock offering in March.
BUSINESS
June 15, 1993
Styles on Video Inc., a Canoga Park maker of computerized imaging systems that show pictures of proposed hairstyles, said it agreed to provide all in-store imaging for Revlon Inc.'s Ultima II cosmetics in leading department stores nationwide. Styles said Revlon selected it after a recent successful two-month test of Styles' imaging system in several Los Angeles area department stores, including The Broadway and Robinsons/May. Styles on Video Inc.
BUSINESS
February 7, 1995
Styles on Video Inc., a Canoga Park-based maker of computer imaging systems used in hair salons, said trading of the company's stock on the American Stock Exchange has been halted until its 1994 financial records are audited and reviewed by the exchange.
BUSINESS
January 10, 1995
Styles on Video Inc., a Canoga Park maker of computer-imaging systems for beauty salons, said its results for the fourth quarter that ended Dec. 31 are expected to be "substantially lower" than analysts' estimates because some shipments were delayed after customers asked for design changes. In other news, Charles Plumb was named president of the company, a new position. Previously, Plumb was president of Ponta Gorda Isle Inc. Guy De Vreese remains chairman and chief executive officer.
BUSINESS
December 29, 1994 | From Times Staff and Wire Reports
Styles on Video Stock Trading Halted: The Canoga Park company said the American Stock Exchange took the action in light of the resignation of its independent auditor and "possible material adjustments" to its financial statements. Last Friday, Styles on Video, which makes interactive imaging systems for beauty salons, said a class action was filed against it alleging violations of federal securities laws.
BUSINESS
December 27, 1994
Styles on Video Inc., a Canoga Park-based maker of electronic imaging systems, said one of its top executives has resigned, and that a class action lawsuit alleging violations of federal securities laws has been filed against the company. Company officials could not be reached for further explanation of the nature of the lawsuit, or for comment on the reason for the resignation of Thomas Leaper, formerly chief operating and financial officer.
BUSINESS
December 13, 1994
Styles on Video Inc., a Canoga Park maker of computer imaging systems for hair salons, said it asked the American Stock Exchange to investigate recent trading of its stock for possible attempts to manipulate the price. The company said it believes that short selling might have occurred that violates Securities and Exchange regulations.
BUSINESS
November 22, 1994
Styles on Video, a Chatsworth-based company that designs and sells imaging systems, said it has secured new contracts that could add as much as $2 million to the company's 1995 revenues. The company said it has signed contracts with 40 hospitals in China and Hong Kong to supply digital cameras used in delivery rooms to take pictures of newborn babies. The company is responsible for arranging printing of the pictures and delivering them to the infants' parents within 24 hours.
BUSINESS
April 20, 1993
Styles on Video Inc., a Canoga Park developer and marketer of computerized imaging systems that show pictures of proposed hairstyles, said it earned $349,000 on revenue of $1.5 million for its fiscal third quarter ended March 31. Styles on Video did not generate revenue in the same period a year earlier because it was still in a development stage. For the nine months ended March 31, the company earned $920,000 on revenue of $4 million.
BUSINESS
February 7, 1995
Styles on Video Inc., a Canoga Park-based maker of computer imaging systems used in hair salons, said trading of the company's stock on the American Stock Exchange has been halted until its 1994 financial records are audited and reviewed by the exchange.
BUSINESS
November 8, 1994
Styles on Video Inc., a Chatsworth supplier of interactive imaging systems, reported sharp increases in its profits and revenues for the third quarter and nine months ended Sept. 30. The company's third-quarter earnings totaled $1.43 million, up from $558,000 in net income a year earlier. Its revenue more than doubled to $4.71 million from $2.06 million. For the first three quarters of the year, Styles on Video reported a profit of $3.33 million on revenue of $11.7 million.
BUSINESS
August 2, 1994
Styles On Video Inc., a Canoga Park developer of interactive imaging systems, reported that its earnings and revenue more than doubled in the second quarter. The company had net income of $1.06 million in the three months ended June 30, compared with a $448,000 profit a year earlier. Its revenue was $3.77 million, up from $1.78 million. Styles On Video's six-month profit jumped to $1.9 million from $789,000 in net income a year before. Its revenue totaled $6.
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