GOYL — Gargoyles, Inc.
521 8th St SW Ste D
Auburn, WA, 98001-5920
According to Pinksheets/SEC filings Gargoyles, Inc. was a Washington corp. we have discovered that they are now a Delware Corp, see below + U.S. Bancorp ownes 31,600,342 = 80.2%
File Number: 3741969 Incorporation Date / Formation Date: 12/18/2003
Entity Name: GARGOYLES, INC.
Entity Kind: CORPORATION Entity Type: GENERAL
Residency: DOMESTIC State: DE
REGISTERED AGENT INFORMATION
Name: THE CORPORATION TRUST COMPANY
Address: CORPORATION TRUST CENTER 1209 ORANGE STREET
City: WILMINGTON County: NEW CASTLE
State: DE Postal Code: 19801
Ticker Other OTC Issues : GOYL
Gargoyles, Inc. -from last 10Q Sec Filing
5866 SOUTH 194TH STREET
KENT, WASHINGTON 98032
an address search for the above address gives us the following:
5866 S 194TH ST
KENT, WA 98032
Phone: (253) 796-2752
Contact Person: LEO ROSENBERGER former CEO of Gargoyles
The person below signed the last SEC filing for the Co.
Cynthia L. Pope President and General Counsel
Cynthia L. Pope
114 W Magnolia
Bellingham, WA 98225
Phone: (360) 734-7440
Cynthia L. Pope
President, Secretary and General Counsel, Gargoyles, Inc. 00
Age Total Annual Compensation This person is connected to 0 board members in 0 different organizations across 1 different industries.
Cynthia L. Pope serves as President, General Counsel and Secretary of Gargoyles Inc. Ms. Pope served as Executive Vice President of Gargoyles Inc. Ms. Pope joined Gargoyles Inc. in February 1998. From July 1995 until joining Gargoyles Inc. Ms. Pope had a private law practice in Bellingham, Washington and served as corporate counsel to Gargoyles Inc. From June 1992 until July 1996, Ms. Pope was a partner in the law firm of Brett & Daugert in Bellingham, Washington. From ... June 1989 until June 1992, Ms. Pope was an associate with the law firm of Bogle & Gates in Seattle, Washington. From January 1985 until June 1989, Ms. Pope was an Associate with the law firm of Ross & Hardies in Chicago, Illinois.
5866 South 194th Street
Kent, Washington 98032
6/11/99 US Bank National Association SC 13D
The 31,600,342 shares beneficially owned by U.S. Bank National Association ("USBNA") may be purchased upon conversion of 10,000,000 shares of Series A Preferred Stock of the Issuer, which are currently convertible (the "Preferred Shares"). Both the Preferred Shares held by USBNA and the shares of Common Stock held by U.S. Bancorp were acquired in connection with the
restructuring of loans extended to the Issuer by USBNA. The Preferred Shares were acquired on June 1, 1999 in connection with the exchange of $10,000,000 of debt owed to USBNA by the Issuer for the Preferred Shares.
Capital Group International Inc · SC 13G · Gargoyles Inc · On 2/11/00
Capital Group International, Inc. ("CGII") is the parent
holding company of a group of investment management companies
that hold investment power and, in some cases, voting power
over the securities reported in this Schedule 13G. The investment management companies, which include a "bank" as
defined in Section 3(a)(6) of the Securities Exchange Act of
1934 (the "Act") and several investment advisers registered
under Section 203 of the Investment Advisers Act of 1940,
provide investment advisory and management services for their
respective clients which include registered investment
companies and institutional accounts.
Background News for GOYL
Gargoyles, Inc. completed a transaction with its lender, U.S. Bank National Association, for the restructure of its credit facility with the bank and a recapitalization of the company. The new financing relieves the immediate liquidity concerns that have faced Gargoyles throughout 1998 and gives Gargoyles needed working capital. As a result of the refinancing, the company's indebtedness to U.S. Bank has been decreased by $10 million, and the balance of the loans has been restructured into $19.5 million of term loans with maturity dates of June 1, 2005, and a commitment for a $9 million revolving loan. No principal payments are due under $10 million of the term loans until their maturity date, and principal payments under the remaining $9.5 million term loan are much lower in the first two years than in the last four years of the loan. In exchange for $10 million of debt, the company issued 10 million shares of Gargoyles, Inc. Series A Preferred Stock to U.S. Bank. The bank's Series A Preferred Stock is convertible into 31,600,342 shares of Gargoyles, Inc. Common Stock, or 79% of the authorized capital of the company on a fully-diluted basis. U.S. Bank's affiliate, U.S. Bankcorp, currently owns 400,000 shares of Gargoyles, Inc. common stock, or 1% of the authorized capital of the company, giving U.S. Bank and its affiliate beneficial ownership, in the aggregate, of 80% of the authorized capital of Gargoyles on a fully-diluted basis.
As a condition to closing the transaction with U.S. Bank, directors Timothy C. Potts, Paul S. Shipman, Walter F. Walker and Robert G. Wolfe resigned from the board of directors of Gargoyles, Inc. and all committees of the board effective as of the closing of the U.S. Bank transaction. The board resignations were effective June 1, 1999. William D. Ruckelshaus remained on the Gargoyles board of directors following the closing of the U.S. Bank transaction.
On June 1, 1999, the board of directors of Gargoyles appointed Daniel C. Regis and William C. Thompson, and reappointed Paul S. Shipman, to the board to serve until the 1999 annual meeting of shareholders of Gargoyles, which is scheduled for June 29, 1999. Mr. Ruckelshaus' term on the board expires as of the June 29th shareholders' meeting, and it is contemplated that Mr. Ruckelshaus will not stand for reelection.
Daniel C. Regis is the President of Kirlan Venture Capital, Inc. which provides investment consulting services to several venture capital funds. Prior to joining Kirlan Venture Capital, Inc. in 1996, Mr. Regis was the Managing Partner of Price Waterhouse LLP for the Northwest Region. Mr. Regis worked for Price Waterhouse LLP for more than 32 years serving many notable clients during his career, including NIKE, Longview Fibre and Precision Castparts.
William C. Thompson is the President of Worldwide Marketing Consultants. From 1996 to 1998, Mr. Thompson was the Executive Vice President and Chief Marketing Officer of Umbro International, a $600 million brand marketed through a subsidiary/licensee network in 55 countries. From 1987 to 1995 Mr. Thompson was Vice Chairman and Chief Marketing Officer of J.Walter Thompson, a $6 billion international advertising agency.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
1.1 Stock Purchase Agreement dated May 28, 1999, between Gargoyles, Inc. and U. S. Bank National Association
1.2 Second Amended and Restated Credit Agreement dated May 28, 1999, between Gargoyles, Inc. and U.S. Bank National Association
99.1 Press Release of Registrant dated June 2, 1999
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 7, 1999 By: /s/ LEO ROSENBERGER
Leo Rosenberger, Chief Executive
Officer and Chief Financial Officer
Other Info / Speculation
Fulbright & Jaworski
David L. Barra
Represented venture fund in purchase of secured debt of Gargoyles, Inc. in non-judicial foreclosure and negotiated sale of assets to sunglass retailer, Foster Grant (FGXI)
Wed Dec 20, 2006 10:34PM GMT
FGX International Holdings Limited, a maker of nonprescription reading glasses and costume jewelry, said on Wednesday it is seeking an an initial public offering of as much as $144 million in common shares.
Deutsche Bank Securities, Wachovia Securities, William Blair & Co., SunTrust Robinson Humphrey, BB&T Capital Markets and Avondale Partners will underwrite the IPO, according to a preliminary offering document filed with the U.S. Securities and Exchange Commission.
Expected Date TBA
IPO File Date 12/20/06
07/27/2007 ~ FGX International Hires Executive Vice President, CFO and Treasurer
05/11/2007 ~ FGX International Hires Executive Vice President, General Counsel and Secretary
FGX International has set its sights on generating revenue through rose-colored glasses, as well as an initial public offering (filed in late 2006). It designs and markets non-prescription and prescription eyewear, as well as sunglasses, for sale in 15 countries worldwide and in 50,000 retail locations (such as Wal-Mart and CVS). Its brand names include FosterGrant, Magnivision, Gargoyles, Anarchy, and Angel. It also sells sunglasses through licensing agreements under the names Body Glove, C9 by Champion, Ironman Triathlon, and NASCAR. As a private labeler, FGX makes jewelry under the Club Med name. Berggruen Holdings North America owns more than 96% of the firm.
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