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MVB growth business and recruitment new DSR's .
MVB need to transfer assets to Agile but there is increase in sales , if the Co can be profitable , the Co can paid the debt and return assets again ... the Co need time and the stock is trading .
We are so excited to have Kimberly Gambale join the My Vintage Baby team as a DSR. She is one incredible woman who is goal oriented and dedicated to success. Everything she does – she does it to the extreme (reminds me of Jessica). She juggles being a wife, mommy, running a busy home and business and designing. She’s also a Radio Talk Show Host on Heartbeat Radio USA and now she’s adding My Vintage Baby to the mix.
Some of you know her from her boutique Diane & Co, http://www.dianeandcoonline.com/ Others from her reality television show Jersey Couture (http://jersey-couture.oxygen.com/) and some of you may have never heard of her. Her mother started in the fashion industry over 30 years ago. Over those years she created an amazing company where time, dedication and customer service turned into success. Kimberly and her sister Christina joined their mother at her boutique Diane & Co and together they continue to grow the business. The business may be large, but they run it in a family oriented manner. Relationships and partnerships are what make you successful. After years of working together their lives changed when a woman walked into their boutique looking for a Mother of the Bride dress and left the store with not only a dress but a Reality TV show idea. Thus, Jersey Couture was born. The show, which airs on Oxygen is a tribute to their fans and allows them to take an inside look at what running a family business is all about. In the midst of the business, and filming of her show, she had an amazing baby girl, Francesca. She is truly a DIVA- Come on- her grandmother is considered a Fashion Diva!
Once her clientele and fans saw Francesca in the adorable MVB outfits, they demanded to know where she bought them. With so many of her fans crazy about the fashions, the decision to join the team was an easy one. Kimberly wanted to represent a company with strong values, a dedicated partnership and above all quality. On the show and on any given day you can find Francesca outfitted in these amazing, cute, quirky, colorful outfits!!
Kimberly will be announcing the line on Monday, January 3rd at 9:30amET on HeartbeatRadio USA. Listeners can listen one of the following ways:
1- Download the HeartbeatRadio USA app on the iphone-FREE
2- Go to www.dianeandcoonline.com and click on the Classy & Flashy Link on Homepage
3-http://www.heartbeatradiousa.com/ and go to LIVE STREAM
You won’t want to miss it! Welcome aboard Kimberly. We are thrilled beyond words to have you as part of our team!!!
Thanks for the response man. Deep down I knew we were f'd, but was grasping at something... Best of luck.
DTC restrictions are tied to the shell I would think. That is what MVBY trades under, not Vintage the brand. If the DTC hadn't locked the shares down, we wouldn't be in this position. We'd be further diluted, but MVB could've sold more shares to cover their bases until they could pay back the Agile loan. Of course, it's obvious that things were not turning around despite all that MVB had attempted the last year.
Sales were not where they were projected, so... here we are.
I think the shell is utterly worthless as no other company can assume it while the shares remain in lockdown.
Since there is no longer any activity in the shell, the DTC has no reason to lift the restrictions on the trading.
I think Agile is going to look to sell the brand to another party. Vintage has been a loser for them for 3 years now and I don't expect them to keep Jessica on as a continued business prospect. They're just not able to keep on top, depsite the new sales model and increased market awareness.
If I had deep, deep pockets, I'd instigate a massive class action suit against the SEC, DTC and Summit Advisory Partners... just for fun.
eyes, what about the DTC restrictions? Are those tied to the company or the shell? Would think an r/m would be impossible if the stock can't be traded... Not sure how these shell companies work and will start to research, but any thoughts on your end?
Would it make sense for Agile to get the company cash flowing positive and then take back public in a few years to cash out? All predicated on IF they can make that happen. Wouldn't think 'assets' of a baby clothes company are of any interest to them. Need cash flow for any type of real or marketable value.
Thanks.
Jeez man... you just don't get it do you?
MVBY doesn't exist as an independant company anymore. They have no attachment to the shell company they reverse mergered into and the stock is no longer related to their brand or products. They are now a fully owned Agile entity.
MVBY.PK is now essentially without value nor is it freely tradeable.
MVB the company endures for the short term through Agile, but there is no employment contract in place for Jessica... guess it will be a matter of time to see what happens with Vintage, but no matter what does arrive for them, it will have no bearing or effect to the MVBY.PK shares.
The shell company may be acquired at some point, but I have no clue if that would equate to any benefit for current shareholders.
So, forget about Vintage... we have no affiliation with any thing that happens to the brand and product line from here on.
Thought that would have been plenty obvious in my last post...
Today and tomorrow are the last days for new team members to sign up as a MVB Sales Rep for My Vintage Baby Spring 2011 and enjoy $100 discount! Questions? Please email your MVB sales rep or email mvbdirect@myvintagebaby.com
we still running and no death ... perhaps we have value in the undervalued ...
And that's a wrap folks!
XXXX,
This has been a difficult time for everyone associated with the company and at an awkward time. We hope the following answers your questions.
Q: How does the recent announcement that Agile has assumed the My Vintage Baby assets affect MVBY shareholders?
A: All shareholders still have their respective shares of MVBY, the Florida pink sheet public company.
Q: Is the MVBY stock now worthless? Does it hold possible value in the future?
A: The only asset remaining in MVBY is the shell corporate entity itself. Once the shell is cleaned up, there is value in another entity acquiring the shell and using it for another business opportunity. The brand My Vintage Baby is no longer part of the MVBY shell.
Q: What happens to our shares of MVBY stock?
A: Your shares of stock in MVBY will remain as is for now, until if/when another company acquires the shell corporate entity and should decide to use it for another business.
Q: Is Agile going to continue to run the company?
A: At this time, Agile is taking steps to analyze what it has acquired and consider their options which include continuing with the brand My Vintage Baby.
In direct answer to your questions about whether Agile assumed the stock of MVBY, no he did not. He foreclosed on just the assets of the company.
(It's this last part that bothers me... isn't the stock of a company an asset? Agile should have assumed issued and outstanding, but they didn't, this is how we've been screwed...)
MVBY works in spring/summer 2011 ... This is good for Co tell us normal operations ... and perhaps the first profitable year ... waiting financials that we can compare 2009 with 2010 and can project sales and net income for 2011 ...We are making way for 2011 Spring/Summer Collections (check back soon for a sneak peak!) and so we are working on some great deals on My Vintage Baby 2010 Fall designer childrens apparel collections!
All fashion collections will be 60% off, and St Nick, our Christmas collection will be 75% off, beginning January 1st - and only while supplies last!
This sale will exclude all diaper bags as well as pink receiving blanket with leopard trim. Visit our website for more details on the sale on January 1st! Start making your list and be sure to visit your sales representative's website visit us online to locate a representative near you!
Thanks ... i know that pinksheet world ... is the dream of a Co be profitable .. yes i'm holding a lot of million shares ... and i know that the risk is lost 100% ... but if the most realiable stock in this world do this ... what can do others with no business and no sales ... !!!
Pink stock is the most speculative market and 99,99% stock are down stocks ..
I hope that we can be lucky here ...
Well said eyes
Well, Good luck everyone, I'm setting my sell price at $1 and I'll Check back in in a year or so. Good luck Ivan, I know you have a lot of money on this company, I still hope it turns out well.
Well said!
Sent today:
Hello MVB/Agile ,
It's about time for a straight answer here and it's a simple yes or no. Did Agile assume the stock of MVBY as part of the asset transfer and is it still a viable commodity?
You've got a ton of people waiting for the answer to this question and it's beyond comprehension as to why this straightforward and obvious question wasn't addressed in the "announcement" that was so cleverly released on Christmas Eve.
I can advise you now if you haven't already been contacted that you are on the brink of being brought up in a class action shareholder lawsuit (not by me though...). You might want to get clarification out to your shareholders right quick about this new development and where that leaves our investments.
Today would be most appropriate I think. Again, just a simple yes or no will suffice.
Regards,
I always think that this Co will be profitable from 4Q ... I think that mgm know perfectly that debt with Agile matured this year and need to raise funds to paid this debt ... is really incredible what happened in this Co ...
Is the last Co in pinksheets were i invest my money , i think that real exposure in facebook , in media TV , with more than 12 thousands , give me the credibility to invest my money and keept my faith that the net income earnings and growth co can rocket the stock ...
I dont know exactly the last post , and i dont know the future for shareholders .
GONNA have to agree with you on every aspect of your post! [minus the bad language]......spot on on every count!......total fustration to any investor or shareholder here needing to know where they stand behing all this backdoor dealing to being CLASS A shareholders???........they need to explain themselves right now or face a potential shareholder class action lawsuit in being dooped to financials & rah rah PR'S over the past several quarters....long term shareholder value????.....all lies!!!....site has been wiped clean to previous investor relations from all parties at My Vintage Baby.......people invested need to contact them asap!....where is Trista[celebrity] in all of this in helping out the company or the CEO directly financially,has that been explored?......all imho,TRYZ
Your first post here? ... ;) Welcome :)
My Vintage Baby Makes Announcement
Date : 12/24/2010 @ 3:30PM
Source : Business Wire
Stock : My Vintage Baby, Inc. (MVBY)
Quote : 0.0001 0.0 (0.00%) @ 2:05AM
My Vintage Baby Makes Announcement
MY Vintage Baby, (USOTC:MVBY)
Intraday Stock Chart
Today : Friday 24 December 2010
My Vintage Baby, Inc. (Pink Sheets: MVBY), a public children’s apparel company, announced today that its assets have been foreclosed upon by the senior secured lender.
My Vintage Baby, Inc. (MVBY) a Florida Corporation has spent months trying to move past the issues associated with and surrounding an SEC investigation. The investigation involved a firm who advised and led My Vintage Baby, Inc. to acquire the public shell corporation MVBY, and move into the Pink Sheet markets. These issues ultimately led to a freeze by the DTC on the MVBY stock.
With a freeze to the stock and the SEC investigation surrounding the past advisors, My Vintage Baby, Inc. has been unable to raise the necessary capital to continue normal operations and fulfill the company’s obligations.
On or about November 9, 2010, My Vintage Baby, Inc., received notice of default from its largest secured lender, Agile Opportunity Fund, LLC, and their intent to accelerate and foreclose on their loan to My Vintage Baby, Inc.
My Vintage Baby, Inc.’s Class “A” shareholders met in an emergency meeting to explore possible remedies to resolve the indebtedness, including but not limited to pursuing all possible legal avenues to prevent the foreclosure of the loan on the assets of the company. It was determined that there were no viable solutions within the time frame allowed to cure this default and secure the capital required to produce a new line of merchandise which would enable the company to continue operations. The class “A” shareholders therefore agreed to a peaceful transfer of the assets of My Vintage Baby, Inc. to Agile Opportunity Fund LLC, in lieu of the foreclosure and the termination of the company.
Accordingly, effective November 16, 2010, all assets of My Vintage Baby, Inc. were surrendered to Agile Opportunity Fund LLC.
For additional information, please contact us at invest@myvintagebaby.com.
ABOUT MY VINTAGE BABY: My Vintage Baby is recognized as “a piece of yesterday for the hip child of today.” Visit My Vintage Baby’s website and click on the Shop MVBD tab for select children’s wear and accessories. This press release contains "forward-looking statements," which are statements related to future, not past, events. These forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential business strategies, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," or "seeks." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in these statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
http://www.otcmarkets.com/stock/mvby/quote - MVBY's pinksheet page
Ivan, the reason that the company needs to make all its financial reports on time is that if they don't then pinksheets can delist them onto the grey market, which totally sucks, though the upside may be that DTTC doesn't seam to control that market. It could take years to get relisted to pinks, especially with how this co seems to feel about their trading priorities.
Right now we are in the "Stop" category, soon we'll get a skull and cross-bones.
I hope that we get a report soon, but as per the company's usual, I don't expect them to submit them until a month or two after the year has ended.
Pink stock dont need to report nothing , all people here know where invest the money and all know the risks ... Dont worry .. this Co post the 4Q because is the best quarter of the year in this Co ..
If we compare this stock in pink market with others trading at millions market cap with no real business and great losses ... this stock is undervaluated ...
We invest in perspectives that this Co will be profitable and nothing more ... profitable first ... pps later ...
If my profitable need no report nothing in months because this are expenses i dont report nothing ... this is the game ...
They haven't posted 3 qtrs worth now... what the hell makes you think they're going to post 4th qtr before the end of the year or any other time?
Do you not follow any other posts here? Are you not seeing by now that this is a disfunctional company that, yes, is still operating, but is not abiding by any communication standards shared by true public companies?!
If they were going to post financials, they would have done it already. If they had any sense of loyalty to the people that allowed them to reach this far in the first place, they would have at least PR'd a letter of explanation.
Give it up man...
@@@@ MVBY AS INVESTMENT @@@@
1. REAL CO
2. REAL PRODUCTS
3. GROWTH SALES
4. CUTTING EXPENSES
5. INCREASE MARGIN PROFITS
6. REDUCE NET INCOME LOSSES
7. EXPECT 4Q PROFITABLE
8. GOOD MARKETING & INTERNET BLOGS & FACEBOOK CHANNELS.
THINKS THAT NEED TO CHANGE
1. POST FINANCIALS REGULARLY IN PINKSHEETS
2. MORE UPDATED OF THE CO
3. QUIT RESTRICTIONS TRADING DTCC
4. BUYBACK FOR THE CO - RETURN TO TREASURY 3,3B SHARES
ACTUALLY MVBY AT THIS PRICE IS ONE OF THE REAL STOCKS THAT SOMEDAY POTENTIAL IS TRADE AT PENNIES !!!
PATIENT IN PINKSHEETS IS THE MOST IMPORTANT ALL IS BAD UNTIL A BIG WHITE CANDDLE HAPPENS ... AND WE CAN SEE A DOWNTREND 3 YEARS AND ONLY A CANDDLE THAT BRING US TO 0,01 IN A SINGLE DAY ... THIS IS OTCBB AND PINKYLAND WORLD ....
ACTUALLY THE STOCK IS TRADING WITH LOW MARKET CAP , AND IS MY FAVOURITE FOR 2011 .
Soon financials and updated !! , only 8 days to finish 2010 year !!!
5,5 B o/s and 3,3 B from CEO & CFO , float : 1,8 B a/s : 10B
If i dont report information doy pay fees , this only for cutting expenses .. the Co post the information when we'll be profitable ... The results of the Co 1q are only -20k$ net income losses ...
The future is simple be profitable ... and buyback shares and the PPS spike up highly ...
Waiting updated ..
Well, yeah, this sounds bad. I would suggest bailing out right now if possible. I'm gonna still hold on to my stock anyways though and here's why;
Currently there are 10 billion stock issued. About half or so is still restricted, so 5 billion is in the current trading market.
1.) Even with 5 billion in the open market it is hard to get anything at .0001, (I placed an order for $1,300 last week and walked out with only $16 worth at .0001 after two days)
2.) I currently own $900 worth. Even with a 1 for 1000 reverse split It would still have a worth of $9,000 if it hit $1 per stock (a x10 gain from current prices)
10 billion outstanding divided by 1000 equals 10 million, which I think is a workable size of outstanding volume when the company begins earning money again, even with DTC restrictions.
3.) If they did do a 1/1000 reverse split and the price reached .0001 again then the CO. could buy back their outstanding stock loan for $1,000. (10 million x .0001) Thus no outstanding payments that we have to worry about
So I say;
screw it, do a frikin reverse split and see where the cards fall. The worst that could happen is that the company fails and we lose money - What do you think we're lookin at right now?
(foreword looking and sometimes-hopeful statements. The company has made several statements this past couple years that they don't intend on a reverse split. To the best of my knowledge the company is currently close to the break even point but still slightly below it, meaning they still need to find alternative sources of cash, but this is also not fact-based/proven since they haven't posted end of year financials. They have cut costs by multiple methods including outsourcing and website sales. They are very behind on their financial statements, and we are likely to soon lose our investments if things don't turn around. I am only expressing my hopes, thoughts, and what I think would be best for the company, even if not for us the investors. I do not intend to buy more into this stock any time soon, but am willing to hold on to what I have even if it means losing it all - the possible benefits are worth it to me.)
Good luck to everyone here. The nail may be in the coffin, but vampires are tough, we still may see the dead come back even stronger than before. (And I'm not talking about stupid twinkling vampires, sorry twightards)
Pretty much! I didnt even bother to respond to his response. I figured what is the point.
So that's it then. The nail in the coffin. Only two future options that I see for MVBY (years away at best, if they even give a shit...)
1) Retire the stock and re-issue.
2) Move to a new exchange.
I guess it makes sense now why they haven't bothered with their reporting. They really aren't a public company anymore and they don't expect to be again... why waste the capital?!
From MVBY:
the DTC still has not advised MVBY regarding any standard that its common stock has failed to satisfy that would form the basis for their suspension. In addition, the DTC still has not communicated a formal process for appealing or lifting the suspension, but rather that MVBY can submit any material it wishes the DTC to consider in connection with such a request. In light of the great anticipated expense, the DTC’s arguably arbitrary suspension of services for MVBY’s common stock, as well as its lack of procedural protections or rights for issuers such as MVBY, the company does not expect to lift its suspension of services concerning MVBY’s common stock or otherwise contest such suspension. We apologize that the DTC’s decision has caused us to be in this situation.
The Company continues to operate at this time.
I emailed her today to see if I could get a response to everyones concerns.
That's easy... he's assuming that MVBY will ever do anything that can possibly effect shareprice.
This was supposed to be the magic quarter...
These clowns don't have sense enough to keep on top of their financial reporting from two quarters ago let alone qtr 4 numbers and results...
All I see on Facebook these days is their ongoing 50% off firesale to get rid of their inventory. If there was so much demand this qtr with the DSR force, then why the crappy liquidation?
If they were doing all that great, they wouldn't have to sell at such lousy margins and they would be keeping investors abreast of how things are going.
I suspect they just don't have the $$ to get their attorney's opinion letter and get the results filed on Pinks.
There's no other explanation for this gross disregard for their obligations as a public company.
They don't have sense enough to PR something to explain if there was a good and viable reason for their delinquency.
Jessica told me that everything is on hold awaiting approval from the attorney for Q4 and press release, but that's a load of crap because we're still waiting for Q1 results...
Buncha frigging clowns who have no business being in business... at least not publicly trading (Oh snap, they're barely even doing that anymore...)
I see Jessica has a new blog posted back on Sat.
Ivan - I like your prediction, but what assumptions are you making to back into your share price? Also, how is the Facebook page looking (seeing as it appears to be the only information outlet)?
I'm totally sure that this stock will be in pennies the next year 2011 trading between 0,01 - 0,02 when quit restriction trading , report financials and if the Co do a buyback this can explode ... this is one of the real Co trading in pinksheets .
The trading fee was just zecco's cost for putting up the trade (Zecco.com is my broker) the fee was 4.50 added on top of the first trade in there, that's a direct copy of what my execution page said this morning, I just thought I should mention that the reason that first trade cost more was because zecco included their charge on that one. Hope that made sense.
I think everyone is doing what I have been and they're just holding on to what they have hoping that it pulls through in the end. I'm willing to hold on to what I've got for several years if necessary, I'm in no hurry.
I was surprised when I put up an order yesterday and couldn't get very much at .0001, I haven't been checking in very lately, but it seems like there still aren't many people willing to sell that low.
Good luck to all you cliff hangers out there. I look foreword to the next quarterly report with fingers crossed.
What was the trading fee?
12/14/2010 09:36 AM $-0.05 Bought 500 MVBY@ $0.0001
12/14/2010 09:36 AM $-0.20 Bought 2,000 MVBY@ $0.0001
12/14/2010 09:36 AM $-0.10 Bought 1,000 MVBY@ $0.0001
12/14/2010 09:35 AM $-4.59 Bought 900 MVBY@ $0.0001 -zecco fee
I guess my order was next up on the list today, but nobody is selling at .0001 please someone sell at .0001, please.
I guess it's a good thing that everyone is holding out, but now we need fresh buyers willing to go higher. Trade restrictions need to go and MVBY needs to report its financials on time to move up in the pinksheets pecking order.
All these have been said over and over here, but just in case there's someone at MVBY who reads these boards, could you please hurry up?
Why would anybody buy less than 1000000 share blocks? 4000 shares? Really?
We need financials and updated and of course quit restriction trading ... and net income earnings !!
I wish they would hurry up!
The stock is show us buyer pressure and we can see that there is life after dead , this new uptick can be the beginning in a great upper trend ... time tell us ...
The Co is doing good and i hope better sales than last year ... and better sales can give us perhaps a quarter profitable for Co ... and better stocks are similar than mvby from 0,0001 and with net income earnings and a good buyback from Co bring us a pennie Co ..
2011 will be a great year for this stock i hope that all investors are in long mode ...
12/13/2010 2:35 PM MVBY My Vintage Baby, Inc. Common Stock 5000000 Buy $0.0001 Accepted
Please give me your shares !!! ;)
NO !! I WANT TO BUY MORE AT 0,0001 :) Please sell my all your shares :)
any1 want to sell at 0.0001?
I have an order placed there if anyone wants to sell.
Good work for MVBY .. but shareholders need financials and any updated sales ... we are finish the 4Q and we dont have the result of the Co .. I know that they are doing best than last year and 4q could be the first profitable quarter !!
WOW 0,0001 / 0,0002 WE ARE TRADING WITH BID AGAIN , THIS IS NEW HERE AND GOOD OF COURSE !! ;)
Yes i like all about mvby except ... restriction trading DTCC in this stock ... and no post financials in pinksheets at time ...
This Co needs to take care shareholders !! we need more updated about sales ...
The business i think that is growth in the right path but ... i hope that someday the stock can trade in pennies ..
When the 3,3 bill shares returned to treasury ... upgraded status in pinksheets , etc ...
Has anyone checked out Jessicas blog lately.
myvintagebaby.blogspot.com/
Somebody is buying a little each day , this is good ...
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WE GOT SCREWED
My Vintage Baby Makes Announcement
MY Vintage Baby, (USOTC:MVBY)
Intraday Stock Chart
Today : Friday 24 December 2010
My Vintage Baby, Inc. (Pink Sheets: MVBY), a public children’s apparel company, announced today that its assets have been foreclosed upon by the senior secured lender.
My Vintage Baby, Inc. (MVBY) a Florida Corporation has spent months trying to move past the issues associated with and surrounding an SEC investigation. The investigation involved a firm who advised and led My Vintage Baby, Inc. to acquire the public shell corporation MVBY, and move into the Pink Sheet markets. These issues ultimately led to a freeze by the DTC on the MVBY stock.
With a freeze to the stock and the SEC investigation surrounding the past advisors, My Vintage Baby, Inc. has been unable to raise the necessary capital to continue normal operations and fulfill the company’s obligations.
On or about November 9, 2010, My Vintage Baby, Inc., received notice of default from its largest secured lender, Agile Opportunity Fund, LLC, and their intent to accelerate and foreclose on their loan to My Vintage Baby, Inc.
My Vintage Baby, Inc.’s Class “A” shareholders met in an emergency meeting to explore possible remedies to resolve the indebtedness, including but not limited to pursuing all possible legal avenues to prevent the foreclosure of the loan on the assets of the company. It was determined that there were no viable solutions within the time frame allowed to cure this default and secure the capital required to produce a new line of merchandise which would enable the company to continue operations. The class “A” shareholders therefore agreed to a peaceful transfer of the assets of My Vintage Baby, Inc. to Agile Opportunity Fund LLC, in lieu of the foreclosure and the termination of the company.
Accordingly, effective November 16, 2010, all assets of My Vintage Baby, Inc. were surrendered to Agile Opportunity Fund LLC.
For additional information, please contact us at invest@myvintagebaby.com.
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