Star Struck, Ltd. is a holding company whose operating subsidiary is primarily engaged in the distribution of watch batteries and related products, and sports apparel. The Company's operating subsidiary is Star Struck, Inc. (SSI), a distributor throughout the United States of watch batteries and watch straps. SSI also sells related products, such as alkaline, photo and hearing aid batteries, jewelry findings, tools and supplies. SSI also distributes a line of sports apparel. These products consist principally of caps and shirts bearing logos of various professional and college sports teams. These products are manufactured for SSI by various apparel manufacturers under license from the respective teams whose logos are being used.