who owns bowman cards

Between 1951 and 1955 a proverbial state of war existed between the two companies that would later inspire the book The Bubble Gum Card War. So they stay sharp. "They'd say, 'No.' Lenovo Thinkpad won't turn on? This card is also a single print, and it's located at the top of the right column on the second print sheet. He currently owns DOPE, a streetwear and lifestyle brand that also sells CBD products. During the investigation, Mastro finally admitted to what had only been whispered about for years: Yes, he had trimmed the Wagner with a paper cutter long before it was sold to Gretzky. Manufacturers widely promote the desirable cards, called "chase" or "hits," but don't reveal which pack, box or case contains the coveted card. - [8], By then, Bowman was competing against Leaf Candy Company, which left the marketplace in 1950,[9] that year Bowman sales of baseball cards alone was $1 million. But a new set of standards arrived in 1991 with the introduction of card grading. The Gold Refractor set was shipped before the Auto Set. Thats the story as I knew it. GTS Distribution | Jun 29, 2023 | 2 min read. But then McNall went to prison after admitting to defrauding six banks out of $236 million dollars. O'Keeffe was a sports investigations reporter for the New York Daily News. On the sheets, the 144 larger cards that comprised the set were laid out numerically from left to right (#1 to #9 on the first row, #10 to #18 on the second row and so on) in four rows of nine cards. One of the most sought-after cards in the hobby, this is Stan the Man's first full color issue. While Topps still obviously maintains ownership of the tag line, it is used only sparingly in the brands marketing. On top of the cost of the legal battle, both companies were experimenting with expensive new printing technologies to try to win in the marketplace. The Matson rookie (#127) is also highly sought after. Both companies had habits of signing the same players to exclusive contracts, and it was better PR to sue each other than to sue the players. A card that had become known as the "Gretzky T206 Wagner" was about to be auctioned off. Topps sent out a letter asking customers if they wanted a three-card auto set consisting of C. J. Henry, Andrew McCutchen, and Cameron Maybin. The Cubs purchased him on June 15, 1952, so the seventh series was printed after this date. From the infamous 2001 Bowman Chrome Autographed card of Albert Pujols to the 2014 Bowman Chrome Prospects Auto of Kris Bryant and countless cards in between. 1999 - 2023 Collectors Holdings, Inc. All rights reserved. This was great for consumers and produced something of a golden era for cards. Topps revived the Bowman name in 1989 to deal with heightened competition. Unfortunately, when your fellow outfielders are DiMaggio and Mantle, it's easy to fly under the radar. "He's an all-American story, a child of immigrants who did really well for himself," O'Keeffe said. According to this theory, Wagner was fighting for his NIL rights more than 100 years before NCAA athletes went to the Supreme Court in their push to be compensated. Create an account & get 100 points. One PSA 9 sold for $13,497.60 in a Mile High Card Co. auction in August 2007. Not consenting or withdrawing consent, may adversely affect certain features and functions. Miller says the high-number series cards are slightly more difficult to track down than the low numbers. In addition to the sophomore release of Bowmans Best, 1997 marks the debut of one of the hobbys most beloved brands, Bowman Chrome. One PSA 9 sold for $21,500 on eBay in December 2013. "He hyped the s--- out of this stuff.". Bowman and Topps battled for baseball fans nickels and pennies until 1955. Todays savvy collectors recognize that regardless of what year a player gets an arbitrarily decided logo, a players first licensed card with them adorned in the professional uniform, even if that uniform is from a minor league affiliate, constitutes the players defacto rookie card. Otherwise forget it," he said. Bowman is often considered the true/premier rookie card of most players and especially modern day players, while their vintage cards are also highly sought after. This trade took place on May 3, 1952, so it's safe to assume that fifth series cards (#145 to180) were printed after May 3. "I think the reason for that is that it's very hard to collect it. Bowman Sterling was introduced in 2004. At the time of the deal, Haelan was buying the market leader in baseball cards. The card was spectacular. Mike Ryan, who owns the registry's No. D'Luhosch notes that similar sequencing was employed in the 1951 Bowman set. It was founded by Jacob Warren Bowman in 1927. The 1955 Bowman set, the last baseball card set the company released, surely has some of the most easily recalled images of the 1950s: Roy Campanella's portrait (No. The other is well-centered, but there are microscopic wrinkles on the turquoise near Mantle's hand and along his jawline. It was OK in the '70s. That's the question a new collector might ask about the 1952 Bowman Large Football set. In all, there were four, 36-card sheets. "Mickey Mantle was kind of one of the first to make good money as a secondary career in the memorabilia world," Jamieson said. The sports card industry is in the middle of its own Suez Canal situation. i forgot how many companies there were decades back. With Topps creativity, a deep talent pool of future stars and a timeless brand like Bowman, collectors have much to look forward to in the coming years. Making its debut in 2004, was Bowman's idea of redemption cards for a set of cards from the AFLAC High School All American game. That same year, O'Keeffe and his co-author, Teri Thompson, published their book and accused Mastro of "cleaning" the card by trimming its corners. In an attempt to add clarity to the definition of a rookie card, beginning in 2006, Topps and the Major League Baseball Players Association agreed to make changes to how a players rookie card would be determined and designated as suchin future baseball card releases. In other words, it is Trout's rookie card with a shiny, prismatic surface and an on-card autograph, and it is numbered 1/1. Cases retailed for $2,000 in 2017; at the National, the price tag was $145,000 -- enough to buy a decent house in Kansas City when the Chiefs drafted Mahomes. #71 Tex Coulter - Sports cartoonist for a newspaper. 2003 Bowman Draft Picks has rookie cards of Boston Red Sox pitcher Jonathan Papelbon, New York Yankees second baseman Robinson Can, Philadelphia Phillies first baseman Ryan Howard, Milwaukee Brewers second baseman Rickie Weeks, Tampa Bay Devil Rays outfielder Delmon Young and Los Angeles Angels shortstop prospect Brandon Wood. During that timeframe, many of Topps competitors went bankrupt and merged with each other. He would've been baseball card rich and money poor, he reasons. The most collectable tend to be rookie cards that include a superstar athlete's authenticated autograph (dubbed "autos") or a piece of the athlete's jersey (called a "patch"). The company produced a series of cards known as the "Play Ball" sets each year from 1939 to 1941. Multiple industry experts told ESPN that what's also driving the modern market is the entry of international investors, small investment groups and even family foundations looking to park their old money in a new financial instrument. With just two PSA 8s, the John Schweder single (#72) is the most evasive in top condition (see accompanying chart). Also, if you review the back of Chuck Ortmann's single (#132), it incorrectly states that his average "Passing" gain was 9.4 yards, when it should be 4.8. Franklin V. Canning became a partner with Bowman in 1930. "People have ignored the '51 and '52 Bowman sets, which, in my opinion, are just as nice or better than some of the Topps cards.". He told the newspaper that he had heard the rumors before he bought the card, "But I wanted to have the card, and I still want the card.". Sign up for the latest news, exclusive promos, events, and much more! There are only six reported 1952 Mickey Mantle cards with a PSA 9 grade in existence. A Wagner card back then might be worth a couple thousand dollars, that's the high end. American bubble gum and trading card manufacturer, Toggle Modern sports trading cards subsection, Learn how and when to remove this template message, "Blony - Jacob Warren Bowman trademark - trade.mar.cx", https://en.wikipedia.org/w/index.php?title=Bowman_Gum&oldid=1127862797, Short description is different from Wikidata, Articles needing additional references from October 2022, All articles needing additional references, Creative Commons Attribution-ShareAlike License 4.0, 2004 AFLAC Bowman Chrome Refractor Set (#d to 500) 315 in circulation, 2004 AFLAC Bowman Chrome X-Fractor Set (#d to 125) 107 in circulation, 2004 AFLAC Bowman Chrome Gold Refractor Set (#d to 50) 34 in circulation, 2004 AFLAC Bowman Chrome Autograph Set (#d to 125) 90 in circulation, This page was last edited on 17 December 2022, at 02:12. Bowman's Best started in 1994 and was the first Bowman product to have refractors. On top of the challenge of tracking down these single prints, this set also appeals to collectors for its bold and colorful design. There are more than 30 different types of Mantle cards to collect. How to open tamper resistant outlets. This would also mark the first time the product was issued in two separate series. This meant thatplayers who were still in the minor leagues could be included on the checklist along with current MLB players. Inside Arjun Nimmala's unique draft journey, Barry Bonds receives blue belt in Brazilian jiu-jutsu, MLB Power Rankings: Mets continue to slide while Giants rise, Inside the mysterious world of missing sports memorabilia. 1955 Bowman Lacked Big-Name Rookies, But There Was Mickey Mantle The market clearly reflects this to be true as often times, a players first cards appear in the hobby years before their official rookie card. With the advertisement "Three Big BITES for a penny", Blony made Gum, Inc. "the biggest firm in the U. S. catering exclusively to the penny gum trade" according to a 1937 Time magazine article. Please feel free to contact Kevin Glew at [emailprotected] if you have any additional information or comments. pool, SF's Conforto makes emotional return to Citi Field, Rockies' Bryant activated after month stint on IL, Cards' Woodford heads to IL with shoulder strain, 2023 MLB All-Star Game: Everything you need to know, 2023 MLB draft: Mock drafts, rankings, order and analysis, From a cricket field to the top of the MLB draft? "Mantle's '52 Bowman card is the best-looking Mantle card I've ever seen," said Weigle. In 1952 it was a close race. The sports card and memorabilia business is bigger than ever, and it's impossible to unpack how that happened without exploring the impact of the Honus Wagner card. "It allowed me to start a business, which warped into more businesses, which allowed me to retire at 55.". But Connelly wanted no part in it. Bruce McNall, the owner of the NHL's Los Angeles Kings, had by now heard of the card and convinced his star player, Wayne Gretzky, to help him purchase it in 1991. While harking back to the 1953 Bowman designright down to the larger 2 " x 3 " size and up-close player photosinnovative stats on the back make the set a modern-day hit. Discoloration and poor centering also tend to plague these cards. Representatives from the remaining 14 teams followed in this order: Tigers, Phillies, White Sox, Reds, Indians, Dodgers, Red Sox, Athletics, Pirates, Braves, Browns, Cardinals, Senators and Cubs. But when it comes to Mantle, the Mick's rookie card isn't the most coveted card. At the NSCC in July, there were two 1952 Topps Mickey Mantle cards sitting next to each other in a case. History of Bowman Baseball Cards - Go GTS - Your source for sports President Bowman demanded that Canning reduce the price of the gum base, which resulted in altercations between the two, and ended in Bowman being ousted from the company in 1936. "So that could've happened with cards from this set.". The prevailing hobby theory is that when the larger cards were produced, the sheets were still cut on the same machine as the smaller sized cards, but the machine's settings were not adjusted. ", He then laughed: "I have a lot more cards today that are rarer than the Wagner.". [3], Jacob Warren Bowman, an American chewing gum salesman, started his own company, Gum, Inc. in Philadelphia in 1927. Gum, Inc. started producing Blony bubble gum which immediately became the top selling penny bubble gum in the United States in 1929. In 2005, Topps introduced collectors to the ultra high-end, super premium Bowman Sterling. "NFL Shields" and NBA "Logomans," one-of-ones, are nearly invaluable. The set was moderately successful. The T206 Wagner was officially the most valuable card in the world. Earn points every time you shop. Please note that the Population Report figures quoted and Set Registry rankings reported are those as of April 2016. The most desirable autographs are "on-card," meaning the player signed the card's actual surface. It had rookie cards of Vladimir Guerrero, Bobby Abreu, Andruw Jones, Hideo Nomo and Scott Rolen. He lives in St. Louis with his family. Rob Gough (Photo:. Staff is knowledgeable and makes the shopping experience fun. Miller and Thomas both cite the single-printed Stydahar (#99) as a tough card. The sequencing is abandoned shortly thereafter, but Bowman ensured that the teams are almost equally represented. "As you moved into the 2000s, the production level in cards was massively lower.". Brownfield birthplace to family game Skip-Bo - KCBD NewsChannel 11 Lubbock However, the idea of clarifying the rookie card definition was convoluted whenthe agreementallowedfor Toppsto continue to producelicensed prospect cards. "But cigarettes at the time were considered low class, what workers used because you didn't have time to smoke a pipe or a cigar. Of the 843 Mays submitted, there has yet to be a PSA 10 and there are just three PSA 9s. To provide the best experiences, we use technologies like cookies to store and/or access device information. "The set is very well produced," he said, also lauding its "great color.". These uncorrected errors add intrigue to this classic and trailblazing set that's widely ranked as the best post-war gridiron issue. As the set's first card, the Yogi Berra single was subjected to additional wear. Upton, San Diego Padres shortstop Khalil Greene and Florida Marlins pitcher Dontrelle Willis. Weigle points out that this is likely because many of these cards came in one-card packs. Mancino says the single-printed Bednarik (#10) is particularly tough to find in top grade. And Topps faced precious little competition in the baseball card field until 1981, when Fleer and Donruss won the right to produce cards. The mystery of why there are so few Wagners as compared to other players is the greatest debate within the sports card community -- something collectors love to chew over. Who owns the Topps company? - Digglicious.com Major League Baseball will end 70-year card deal with Topps The distinguishing difference being, that those cards could not be numbered as part of the regular base set. Bowman Name Meaning, Family History, Family Crest & Coats of Arms In 1972, his buddy bought a T206 Wagner for $1,500. These early cards are the ones that carry the greatest demand and therefore have the strongest value on the secondary market. The players' name is on the top-left just above the card number, position and team, while the players' vitals are on the top-right. But Connelly Container wanted a walkaway deal. And with so much money at stake, the "hobby" has become susceptible to problems that have long plagued sports tickets and athletic shoes, with reports of computer bots buying up boxes online. But he didn't sell what was still, in 2019, the record-breaking card. Sportscards, Football Cards, virtual card shop, and LUCKY BREAKS - Facebook PSA Set Registry: 1952 Bowman Baseball Cards, The - PSA Homepage Individuals like that are looking at this as an asset class, part of their allocation.". And because it was the last card in the set, the Lansford cards that did make it into packs were regularly placed at the bottom of collector piles where they suffered additional abuse. In July, a 2017 Panini National Treasures Patrick Mahomes 1/1 NFL Shield on-card rookie auto sold for $4.3 million, making it the most expensive NFL card ever sold. Legend has it that the lion's share of unsold 1952 Topps were unceremoniously dumped by barge either into the Hudson River or Gowanus Bay near the Topps office in Manhattan. "Gretzky got stuck with the card and wound up selling it," O'Keeffe recounted. @BowmanCards. Kevin Glew In the 1950s, dealers returned unsold cards to manufacturers to make room for the following year's set. Where did the family branches go? From humble beginnings in its Philadelphia headquarters, in just 2 short years, the companys Bloney brand became the #1 selling gum in the country. There are just four PSA 8s (with no examples grading higher). Kendrick, who still owns the Gretzky T206 Honus card, declined ESPN's request for an interview, but he told the New York Times in 2019 that "it was upsetting" to learn the card had been trimmed. Collectors enjoyed the offerings of the set along with the refractor parallels. Based in Dallas, Texas, it was best known as a producer of sports cards and other lithographic products. What seemed like an homage to a classic vintage set, initially hurt sales because the cards did not fit in any standard card supplies at the time. So much so, in fact, that some hobbyists have deemed it the forgotten set. For more information on the 1952 Bowman Large football set, please visit http://www.psacard.com/cardfacts/football-cards/1952-bowman-large/55. By 1995, 220 of the 439 cards in the set were rookies, further cementing it in the mind of collectors as the brand for rookie cards. Of the 941 submitted, there has yet to be a PSA GEM-MT 10. 7 Current Finest, 1952 Bowman Large Football set on the PSA Set Registry. With 13 cards each, the Cleveland Browns, New York Giants, Chicago Bears and Dallas Texans have the most representatives, while the Detroit Lions (10) have the fewest. PWCC Marketplace | Leading the Trading Card Industry Through the years, some of the most valuable and iconic cards in the modern age of collecting can be attributed to Bowman. A child of German immigrants, Wagner started working in a Pennsylvania coal mine when he was 12. If you look closely, you'll also notice that there are several uncorrected errors in this issue. This was followed by the release of Bowman Heritage in 2001 which paid tribute to the 1954 Bowman Black & White set. Bowman produced a line of baseball cards, which were highly popular in the 1940s. That was whyConnelly Container sold Bowman Gum to Topps on January 20, 1956 for a mere $200,000. Players included were Cameron Maybin, Andrew McCutchen, Chris Volstad, C. J. Henry, and Justin Upton. Bowman also creates a set called Bowman Draft Picks and Prospects. Maryland collector snags Mickey Mantle baseball card worth at least It's a single-printed card, and it's the last card on the right, third row of a print sheet. But a closer look reveals that one card is off-center, its turquoise background pushed to the left. Of the 130 evaluated, the sole PSA 8.5 is the highest graded example. 1994 Bowman's Best key rookie cards were Jorge Posada, Billy Wagner, and dgar Rentera. Try this. "The set is very well produced," he said, also lauding its "great color." Released in seven, 36-card series, the 1952 Bowman set showcases 252 cards, down from 324 pasteboards in the 1951 issue. Learn about the Bowman Family Crest, its Origin and History. Most of the cards boast a vertical orientation on their fronts, but three of the quarterbacks - Norm Van Brocklin (#1), Y.A. And unlike its Topps counterpart, this set offers singles of Ralph Kiner (#11), Casey Stengel (#217) and Stan Musial (#196). But the post office employee who won the card couldn't afford to keep it because of the taxes that came with owning a Wagner. Most experts agree the bubble burst due to two factors: the 1994 MLB strike and rampant overproduction. Burdick determined that the T206 Honus Wagner was worth $50, the card's first known valuation. 1999 - 2023 Collectors Holdings, Inc. All rights reserved. It was the beginning of the millennium and card collecting had turned pro. But in 1953, Topps outsold Bowman almost 3 to 1 in spite of Bowman issuing a landmark set that year. 'The Mantle card is one of the really iconic Mantle cards," he said. "I owned it at one time, so you can puff your chest out, being part of its history," McKie said. "I think the Hall of Fame rookies are the set's biggest asset," said Joe Mancino, who owns the No. David L. Farquhar, computer security professional, train hobbyist, and landlord, Home Baseball Why Bowman sold out to Topps, or how Topps bought Bowman, Last Updated on October 4, 2022 by Dave Farquhar. "When I was a kid, we played with cards from the first series [of any set] more because we had them in our hands longer," explained Thomas. These brands were all designed to deliver a higher-end feel and content without the price of the brands premium product, Sterling. As a result, cards divisible by nine (cards on the right-edge column) and cards divisible by nine plus one (cards on the left-edge column) are widely acknowledged as single prints. The technical storage or access that is used exclusively for statistical purposes. There are roughly 60 known to exist. @topps. Topps baseball card products - Wikipedia [4], The Blony trademark was registered by Bowman on January 13, 1931 (filed June 30, 1930). Topps (who owns the Bowman name) decided that since the cards were a "throwback," they should make them bigger, like early Bowman cards. Similar to the T206 Wagner, the mythology of the card is also key. said Brian Dwyer, president of Robert Edward Auctions, which auctioned off the record-breaking card on Sunday. Buy Cards, Get Rewards. Staining on the card backs is a common condition issue with these singles. The sole PSA 9 fetched $11,400 in a Greg Bussineau Sports Rarities auction in December 2014. "The Matson is probably my favorite card in the whole set," said Thomas. The 1952 Bowman cards were distributed in one-cent, one-card packs and five-cent, six-card packs. This card continues to skyrocket in value, worth about $2,500 not graded. 23), Hank Aaron shown bending over while looking toward the sky (No. He doesn't understand modern cards. Five years later, Topps acquired Bowman and added it to its brands portfolio The most valuable asset in the transaction for Topps wasnt intellectual property or real estate but the often feuded over player contracts that had kept either Topps or Bowman from producing a complete and all inclusive baseball card set. The initial series (#1 to 36), for example, begins with players from the two 1951 World Series teams: the Yankees (Yogi Berra #1) and the Giants (Bobby Thomson #2). He had been sent to a news conference at Mickey Mantle's Restaurant and Sports Bar on Central Park West. It's also hampered by poor centering. Another suggests a copyright dispute between the artist and the tobacco company. ", "If any football set is going to hold its value, I think this would be it," he said. By 1939, pioneering card collector Jefferson Burdick was systematically cataloguing some 30,000 cards he collected in his lifetime. 1992 Bowman Baseball delivered rookie cards of future stars, Trevor Hoffman, Carlos Delgado, Mariano Rivera, Mike Piazza, and Manny Ramirez. The sets were delayed and not shipped until 2006, and the Gold Refractor cards - originally intended to be 50 redemption sets - "accidentally" had over 50 redemption cards slip into packs, which caused them to be delayed even more. Georgia Pacific acquiredConnelly Container in 1999. In a classic football set that features rookies of legends like Frank Gifford, Ollie Matson, George Halas and Paul Brown, why is the Jim Lansford card the set's most coveted single? Virtually every schoolboy who is interested in baseball cards knows the story of how Topps bought Bowman. However, without a doubt, Bowman was back! In July 1937, Bowman returned to the company after a long, bitter legal battle which ended in the Pennsylvania State Supreme Court upholding his reinstatement as president of the company. In some cases, trades consummated just prior to press time disrupted the team sequence. Great place to watch some games and rip some wax! Nobody thought about it. Or perhaps it'll be a card featuring an athlete who hasn't even gone pro yet. "We would ask people, 'Do you know who Honus Wagner was?'" They're large cards compared to the Bowman sets before them," said Bill Miller, who owns the No. "I really like the old Bowman football cards because they're so colorful, and I love looking at the old logos on the cards.". Walter Johnson and Christy Mathewson rounded out Cooperstown's inaugural class. Regular refractor cards are limited to 199 copies and are in regular packs. It even signed a five-year non-compete agreement. When he was in college, he and a young man a few years younger bonded over collecting. By 1937 the company owned 60% of the market share in the United States. Corey P. [5] In 1937, Blony had 60 percent of the sales of bubble gum sold in the U.S., largely due to the fact that, weighing 210 grains, it was the largest piece of bubble gum sold for a penny. Many stars have had rookie cards in Bowman Draft Picks. Bowman Gum - Wikipedia "Eventually, we got what we think was the answer," he said. The future of sports. Please note that the Population Report figures quoted and Set Registry rankings reported are those as of press time. Fix it easily. Using distilled water was OK. 10 set on the PSA Set Registry. A subsidiary of the Wrigley Company developed a better gum base in 1932, which sold for less than Canning's base. Norm Van Brocklin (#1), Otto Graham (#2), Chuck Bednarik (#10), Tom Fears (#13), Y.A. A few months earlier, in April, Upper Deck's 2003-04 Exquisite Collection RPA parallel LeBron James card sold for $5.2 million, tying the 1952 Mickey Mantle record for most ever spent on a card. After the World War II Bowman emerged with its 1948 baseball card set, which became highly popular. The purchase price makes no sense, until you dig a bit deeper. Become a Midwest Insider and take advantage of our best-in-class loyalty program. 242, a high number) have. Cards from the first two series (#1 to 72) can be uncovered with clean white borders and clear pictures or with brownish borders and dull-looking pictures. There are very few of these cards available," he said. The most popular and romantic theory, though, has been put forward by Wagner's family and the Metropolitan Museum of Art in New York City (which has a T206 Wagner in its collection). #26 Tommy Thompson - Brokerage business. Though bereft of Hall of Famer rookies and singles of Ted Williams, Jackie Robinson, Whitey Ford and Eddie Mathews, this set does boast the first Bowman cards of Minnie Minoso (#5), Gil McDougald (#33), Joe Collins (#181), Bob Friend (#191), Roy McMillan (#238), Billy Loes (#240) and Lew Burdette (#244). 2023 Bowman Baseball Hobby Box $ 259.00; 2023 Bowman Baseball Jumbo Box $ 549.00; 2022/23 Panini Revolution Basketball Hobby Box $ 99.00; . Specific eligibility dates were instituted and late season, 40-man call-ups would not be eligible for rookie status. By 1952, he was 57 years old, possibly ready to retire, and definitely ready to make a change. With just 83 copies evaluated by PSA, Marlin Stuart (#147) is the least submitted card from this issue. A graded version of this card is in the $750-800 range presently. To distinguish these cards, an official Rookie Card Logo was created. But people are willing to pay enormous sums. Whatever the truth, the American Tobacco Company stopped producing Wagner's card. Where did the Bowman surname come from? Get the inside track on what Alex and his friends are up to with the latest articles on Conversationally. Alex Bowman shares his guilty pleasure spends and the one thing he'll pay extra for. For now, however, this set despite its impressive artwork and respectable player selection continues to be the Gene Woodling of vintage offerings. One of the board members of Haelan Laboratories happened to be John Connelly, founder of a Philadelphia box company that survived until 1999. Canning, a New York druggist who supplied the pink bubble gum base material to Gum, Inc., also provided working capital in return for 250 shares, half of the company stock. 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