Tuesday, December 6, 2011

Power Balance Arena

Bilbo rocks a pink one when he plays softball
We've all heard the claims: little magnets in a bracelet will give you better balance, improved digestion, help you sleep better, provide smoother bowel movements, and replace your need for Cialis.  Well, most of those health benefits were claimed by Power Balance.

I'm pooping much better now
But these claims are total bullshiz according to something know as THE law.

So many NBA geniuses wore Power Balance that the cash strapped Maloofs Anaheim Sacramento Kings decided to sign a mult-year stadium naming rights deal with a company that couldn't and can't stop the rampant Chinese counterfeiting of it's one and only stupid product all over eBay.

Maloof Sister: Real Housewife of Spending Daddy's Money
 Dale Kasler of The Sacramento Bee: When sports-wristband maker Power Balance LLC filed for bankruptcy protection last month, the company insisted it would keep its name on the Sacramento Kings' arena. Now it looks like the name could be coming down less than a year after it went up. Cash-starved Power Balance expects to be sold soon, and court papers say the likely buyer doesn't plan to maintain the marketing deal that turned the former Arco Arena into Power Balance Pavilion. That could change between now and Dec. 20, when Power Balance's business is scheduled to be auctioned off. Hanyang LLC, the Southern California company in line to buy Power Balance, could choose to retain the contract with the Kings after all. Someone could outbid Hanyang and decide to keep the Kings' deal. "Don't jump to any conclusions," said Denny Barge, a principal in Hanyang. He indicated Hanyang didn't have all the data it needed on the Kings deal when it made its bid for Power Balance. (thanks to TrueHoop)

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