STAT Authentic to evolve into two new companies

STAT Authentic LLC, an authentication and appraisal company founded by its partners Jeff Stevens and Ted Taylor will cease to exist at the end of teh fiscal quarter (June 30). The partners will be terminating their present business to head up two new companies that reflect their personal wishes and goals — TTA Authentic LLC and Stevens Sales and Marketing. The former will continue ro be based in Abington, Pa., and the latter will be located in Pipersville, Pa.

TTA Authentic LLC will be headed by Ted Taylor and will continue to provide the same services as STAT — authentications, apparaisals, liquidations and acquisitions of sports, political and celebrity autographs. All company recods will remain with TTA as well as extensive exemplar files. Customers will still be able to access work done by STAT by contacting TTA.

Stevens Sales and Marketing will be headed by Stevens and its primary focus will be in dealins with current and frmer sports celebrities (primarily baseball) and related to that he will concentrate on liquidations and acquisitions for whole sale and retails customers. Stevens will no longer be involved in the autograph authentication business.

"It has been a good, solid five years at STAT and we have both made valuable new friends as well as maintaining relationships with the old. The time simply has come for us to follow our personal interests and move ina these two different directions," Taylor said.

"While we seem to be going down different paths, I can see instances where our two companies may work together, this is being done at this timebecause it makes sense for us to do so," Stevens said.

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