Melt Inc (MLTC)

Melt, Inc. was incorporated in the State of Nevada on July 18, 2003 with the intention of being a non-operational holding company, and establishing or purchasing brands that it could license to its subsidiaries or other companies. Through its wholly-owned subsidiary, Melt Franchising LLC, it franchises retail gelato bars and quick casual restaurants under the name of 'Melt-gelato italiano', 'Melt- cafe & gelato bar', and 'Melt gelato and crepe cafe.' The Company's main business strategy is licensing its brand and business methodology through Melt Franchising to franchise owned and operated stores. The Company generates its revenue from franchise fees, royalties and marketing fees. The products sold in the stores owned by the franchisees include gelato, sorbetto, crepes, panini, salads, smoothies, coffee, sodas, and other food related items. It has registered the following service or trade marks 'M Melt' , 'Melt- gelato italiano', 'Melt- cafe & gelato bar' and 'Melt- gelato and crepe café'. The Company's business competes with large and established ice cream retailers such as Ben & Jerry's, Haagen-Dazs, Dreyer's, Baskin-Robbins, Dairy Queen and Cold Stone Creamery Company, as well as other small to medium sized ice cream and yogurt business entities that provide similar products, as well as other quick service and quick casual food retailers. It is in the perishable food industry. The development, manufacture and marketing of products sold by the Company is subject to extensive regulation by various government agencies, including the U.S. Federal Trade Commission, Franchise Trade Commission as well as various state and local agencies including state health department and building departments.