Marisa Christina Inc (Nasdaq: MRSA) has announced that it has sold substantially all the assets, properties and rights and assigned certain liabilities of Flapdoodles Inc for approximately $4.7m in cash and stock to a newly formed corporation owned by Marc Ham and Carole Bieber. The Flapdoodles range includes casual children's and infant's sportswear, swimwear and outerwear clothing featuring vibrant colours, all-natural fabrics and unique patterns.