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Panglobal Brands, Inc. (PNGB)

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Last Post: 2/22/2021 5:36:37 PM - Followers: 10 - Board type: Free - Posts Today: 0

About Panglobal Brands Inc.

Panglobal Brands, Inc. is committed to building a diverse stable of apparel brands, capitalizing on opportunities to participate in the hottest fashion trends as they happen. Our business strategy is to create a balance with dynamic branded products and the traditionally more stable private label apparel business by selling branded products through specialty retailers and by running a private label division catering to department store chains. Our current brands include: Mynk, a high-end, high-fashion denim brand selling at specialty retailers and Saks 5th Avenue; Nela, an upscale contemporary print dress label; Tea & Honey, a casual ladies wear collection that will be unveiled later this year; and, So Sik, which represents affordable fashions for the burgeoning junior market.

This strategy plus a management team with significant apparel industry experience, enables Panglobal Brands to bring attractive product lines to market at competitive price points

Panglobal Brands, Inc.
2853 E. Pico Blvd.
Los Angeles, CA 90023
  • Phone: 323-266-6500
 

  • OTC Market Tier

    Pink Quote/OTCBB
  • Primary SIC — Industry Classification

    2300 - Apparel & Other Finishd Prods of Fabrics & Similar Matl
  • State Of Incorporation

    DE
  • Jurisdiction Of Incorporation

    United States
  • Company Officers

    Charles Lessor, CEO, CFO
    Dru Narwani, Dir.
    Stephen Soller, Dir.
    Charles Shaker, Dir.
  • SEC Reporting Status

    SEC Reporting Company
  • CIK

    0001349532
  • Fiscal Year End

    9/30
  • Estimated Market Cap

    $2,184,959 as of Jan 12, 2010
  • Outstanding Shares

    49,016,710 as of June, 2009
  • Number of Shareholders of Record

    562 as of Jan 13, 2009
  • Current Capital Change

    shs increased by 6 for 1 split
    Ex-Date: Feb 6, 2007
  • Company Notes

    • Formerly=EZ English Online, Inc. until 2-07

 

$THE WAVE  01/12/2010

DEAR WAVERIDER$)  PNGB - Panglobal Brands, Inc
SHORT TERM TARGET .16  MID TERM TARGET .35  ONE YEAR TARGET .65

This will be the next favorite profitable American company for us to participate in the growth of the US through this financial time. This is one of the fastest growing companies we have detailed to this point in the many companies the wave has detailed. There revenue increases Dwarf the ISCR growth and are growing in a everyday use product that we all see every time me make a trip to the mall. Many of there products are used by the larger part of the readers and they have grown there revenues in times when most have cut back on these expenditures.

They are in the clothing business and they have many customers both in the Branded categories and the unbranded lines we see at the mall every trip there. They encompass both major retailers and the small specialty stores through out The US. You may not recognize there company name but you will be familiar with the clothing lines. I was not able to copy there website to this email so please take the time to look through the number of lines and the variety of clothes they do sell. I am sure you Will see some there that you have purchased here for the kids or yourself in the last year. I always like investing in the companies were I get a return on the money I spend for everyday use.

They have grown revenues in the last year by 241% this year and look to finish the fourth quarter up for year over year by 250%. This is the last quarterly they will be releasing this fiscal year and that date ends Sept 30 2009. The Christmas Revenues will not be included on this fiscal year.
I predict the revenue from the Christmas quarter to be 12 to 15 million dollars and that is almost half there revenue for this phenomenal year. Next years looking forward to looks to grow to 50 million dollars or more at this staggering pace. Looking forward five years this could be a corporation that produce 20 to 30 million dollars in profit a year and be listed on one of the senior exchanges.

Please look through the fillings here as we have provided both the year to date and also last years 10k for all four quarters.
This will be a stock that is severely under valued and one that you will be proud to add to both your long term and short term portfolio as we get this company out to the public. Please take the time to read through and base your buying decision on what you find through your Due Diligence.

Here is there news link below

http://www.panglobalbrand.com/#/news

http://www.panglobalbrand.com/#/investors

http://www.panglobalbrand.com/#/about

This is there main website below and they have many lines that are sold in the best stores in the US. These includes names like Maceys, Saks Fifth Avenue, JC Pennies and many of the mall stores like the Pac Sun and many other favorites we shop at every month. Please take the time to look through these websites as most can not be copied and re-posted here or in the IBOX on the investors hub. You will find there clothes reach most all the buying groups in the US like the Kids, Young women and even the Stylish Men sectors.

http://www.panglobalbrand.com/#/brands

http://www.mynkbrand.com/mynk/

http://www.sosikclothing.com/sosik/

http://www.nelacollection.com/nela/

http://www.havencollection.com/haven/

http://www.panglobalbrand.com/crafty-couture/

http://www.teaandhoneycollection.com/teaandhoney/

http://www.panglobalbrand.com/scrapbook-originals/

PNGB - Panglobal Brands, Inc.
Last Sale 0.058

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=pngb

http://investorshub.advfn.com/boards/board.aspx?board_id=14444

No news support here lately

New Brands on the way from website

PANGLOBAL BRANDS INC.
AND SUBSIDIARY

CONSOLIDATED BALANCE SHEETS
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6807179
 

PANGLOBAL BRANDS INC.
AND SUBSIDIARY

CONSOLIDATED BALANCE SHEETS

    June 30,     September 30,  
    2009     2008  
    (Unaudited)        
ASSETS            
Current assets:            
Cash $  268,212   $  ---  
Accounts receivable, net of allowance of $400,232 and $544,176 as            
of June 30, 2009 and September 30, 2008, respectively   510,570     444,291  
Due from factor, net   2,206,253     1,411,456  
Inventory   1,463,436     1,304,407  
Prepaid expenses and other current assets   140,727     97,354  
                   Total current assets   4,589,198     3,257,508  
             
Property and equipment , net   442,193     587,992  
Trademarks and intangible assets   1,177,235     1,177,235  
Deposits   128,392     134,520  
                   Total assets $  6,337,018   $  5,157,255  
             
LIABILITIES AND STOCKHOLDERS’ EQUITY            
Current liabilities:            
Bank overdraft $  ---   $  171,521  
Accounts payable and accrued expenses   4,505,885     3,861,562  
Convertible notes payable to shareholders   ---     750,000  
                   Total current liabilities   4,505,885     4,783,083  
             
Convertible notes payable to shareholders-long term   889,154     ---  
             
Commitments and contingencies            
             
             
Stockholders’ equity :            
Authorized - 600,000,000 shares; issued and outstanding –            
49,016,710 shares and 37,671,710 shares at            
June 30, 2009 and September 30, 2008, respectively   4,903     3,767  
             
Additional paid-in capital   18,165,704     14,741,439  
Accumulated deficit   (17,228,628 )   (14,371,034 )
                   Total stockholders’ equity   941,979     374,172  
                   Total liabilities and stockholders’ equity $  6,337,018   $  5,157,255  

The accompanying notes are an integral part of the consolidated financial statements.

F-1


PANGLOBAL BRANDS INC.
AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

    Three Months Ended     Nine Months Ended  
    June 30,     June 30,  
    2009     2008     2009     2008  
                         
                         
Net sales $  8,585,235   $  5,321,794   $ 20,214,494   $  8,405,346  
Cost of sales   6,555,494     4,268,641     15,106,873     6,657,008  
Gross profit   2,029,741     1,053,153     5,107,621     1,748,338  
                         
Costs and expenses:                        
Design and development   707,971     784,967     2,214,211     2,580,354  
Selling and shipping   781,854     708,711     2,119,729     1,613,190  
General and administrative, including                        
$382,972 and $815,612 of stock-based                        
compensation for the three months                        
ended June 30, 2009 and 2008,                        
respectively; and $784,003 and                        
$1,878,411 for the nine months ended                        
June 30, 2009 and 2008, respectively   1,109,118     1,890168     3,023,214     4,146,940  
Depreciation and amortization   32,333     26,862     95,163     62,686  
Total costs and expenses   2,631,276     3,410,708     7,452,316     8,403,170  
    (601,535 )   (2,357,555 )   (2,344,695 )   (6,654,832 )
                         
Interest income   46     82     51     22,065  
Interest (expense)   (309,434 )   (44,679 )   (480,011 )   (53,169 )
Loss on extinguishment of debt   (32,939 )   ---     (32,939 )   ---  
    (342,327 )   (44,597 )   (512,899 )   (31,104 )
                         
Net loss $  (943,862 ) $  (2,402,152 ) $  (2,857,594 )   $  (6,685,936 )
                         
Net loss per common share - basic and                        
diluted $  (0.02 ) $  (0.08 ) $ (0.07 )   (0.23 )
Weighted average number of common                        
shares outstanding - basic and diluted   46,496,000     29,661,500     41,481,000     29,401,500  




Below is last years 10k and we stand to beat this one here by huge numbers well in excess of 250% increase year over year. This is in the wake of the worst economical year in The US history. I am very bullish about this company for the next year and look for an excellent Revenues with the possibility of this quarter being the first quarter they have in the green. The next quarterly report will be there first quarter into the Christmas season and that looks even more promising then this report now.

I look  for them to break the 15 million dollars revenue in one quarter or almost half as much as they did this year alone. This is a fast growing company that I see a very great possibility of an up-listing this year.

They have the top stores with the top brands and are not resting on there past to increase there future. I account for the excellent growth this year from there strategy to go into the young adults fashions and this quarterly will set the Stock Market on the ears to listen as we go forward.

This is a once in a life time opportunity to get in on the next greatest fashion producer in America.

They are setting the bar higher and now they will reap the benefit of there increases well into the future. This is the time to get in as this company will be increasing ten fold in price this year conservatively and at the price of six cents could easily be trading in the dollar multiples this next year.


 

PANGLOBAL BRANDS INC.
AND SUBSIDIARY

CONSOLIDATED BALANCE SHEETS

    September 30,     September 30,  
    2008     2007  
             
ASSETS            
Current assets:            
Cash and cash equivalents $  --   $  1,170,214  
Accounts receivable, net of allowance of $544,176 and $14,675 as of   444,291     29,975  
         September 30, 2008 and September 30, 2007, respectively            
Due from factor, net   1,411,456     175,084  
Inventory   1,304,407     309,700  
Prepaid expenses and other current assets   97,354     51,004  
             Total current assets   3,257,508     1,735,977  
             
Property and equipment , net   587,992     210,930  
Trademarks and intangible assets   1,177,235        
Deposits   134,520     68,065  
             Total assets $  5,157,255   $  2,014,972  
             
LIABILITIES AND STOCKHOLDERS’ EQUITY            
Current liabilities:            
Bank Overdraft $  171,521   $ --  
Accounts payable and accrued expenses   3,861,562     396,988  
Convertible note payable to shareholders   750,000     10,000  
             Total current liabilities   4,783,083     406,988  
             
Commitments and contingencies            
             
Stockholders’ equity :            
Authorized - 600,000,000 shares; issued and outstanding – 37,671,710 shares            
and 26,731,771 shares at September 30, 2008            
and September 30, 2007, respectively   3,767     2,673  
             
Additional paid-in capital   14,741,439     6,363,418  
Accumulated deficit   (14,371,034 )   (4,758,107 )
             Total stockholders’ equity   374,172     1,607,984  
             Total liabilities and stockholders’ equity $  5,157,255   $  2,014,972  

The accompanying notes are an integral part of the consolidated financial statements.

F-3


PANGLOBAL BRANDS INC.
AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF OPERATIONS

    Year Ended     Year Ended  
    September 30,     September 30,  
    2008     2007  
             
Net sales $  13,939,264   $  592,046  
Cost of sales   11,751,722     1,886,380  
Gross profit (loss)   2,187,542     (1,294,334 )
             
Costs and expenses:            
Design and development   3,698,948     365,719  
Selling and shipping   2,473,374     611,591  
General and administrative, including            
$2,176,434 and $644,230 of stock-based            
compensation for the year ended            
September 30, 2008 and 2007,            
respectively;   5,448,317     1,713,173  
Depreciation and amortization   95,589     12,827  
Total costs and expenses   11,716,228     2,703,310  
    (9,528,686 )   (3,997,644 )
Interest income   22,176     72,773  
Interest (expense)   (106,417 )   --  
Interest income/(expense), net   (84,241 )   72,773  
             
Net loss $  (9,612,927 ) $  (3,924,871 )
             
Net loss per common share - basic and diluted $  (0.31 ) $  (0.27 )
Weighted average number of common shares            
outstanding - basic and diluted   31,459,500     14,817,000  

 

PNGB
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Volume:
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PostSubject
#559   What’s going on with this? Mcclain023 02/22/21 05:36:37 PM
#558   PNGB: Suspended by SEC sidedraft 02/03/14 11:30:14 AM
#557   Let's hope for a big bang this time Stefanod 01/03/14 09:23:02 AM
#556   Looks like it bout ready to pop baby JimBoStevens 01/02/14 01:34:18 PM
#555   This could pop Big anytime from looking at JimBoStevens 11/12/13 06:25:25 PM
#554   Nice candle yesterday and no one home Crumbster 11/05/13 09:19:03 AM
#553   buy crawfish poboy 12/18/12 12:20:05 AM
#552   Ohhh Yaaaa... GO PNGB Sir Stock Alot 10/15/12 10:33:26 AM
#551   What is happening here some movement......?.:-) Stefanod 11/01/10 10:58:00 AM
#550   anybody have any info on the new web rjviking 08/06/10 05:24:00 AM
#549   rjviking, "...now might be a good time ..." VistaViewer 06/22/10 04:10:32 PM
#548   Since this stock has been on life support rjviking 06/22/10 08:33:52 AM
#547   Careful here..you may wake up the dead. :) Woodbooger 06/22/10 07:59:35 AM
#546   I will be doing the same, I'll be InvestorSuisse 06/22/10 07:56:04 AM
#545   as did i fortunately i can afford to rjviking 06/22/10 07:51:32 AM
#544   LOL I second that, I'm embarrassed to say InvestorSuisse 06/22/10 07:48:21 AM
#543   LOL...i'd be happy to get back to a rjviking 06/22/10 07:45:56 AM
#542   Wish we could see 0.05 again.. InvestorSuisse 06/22/10 07:44:07 AM
#540   I was hoping you could tell me. VistaViewer 04/27/10 09:43:19 AM
#539   vista...what ia your take on this transaction? rjviking 04/26/10 08:39:03 PM
#538   Panglobal Brands files SEC Form D on 04/26/2010 VistaViewer 04/26/10 06:16:07 PM
#537   Looks like we've lost the "E" again. VistaViewer 04/20/10 11:17:37 AM
#536   images.investorshub.advfn.com/images/uploads/2010/4/20/zsnosPNGB.gif[/cha BlackThought 04/20/10 01:12:59 AM
#535   Well I would agree....I too am deeply in rjviking 04/18/10 07:56:58 AM
#534   rjviking, I bought this because it is fully reporting... VistaViewer 04/17/10 01:59:23 PM
#533   Vista...what are your thoughts on PNGB long term. rjviking 04/17/10 12:11:13 PM
#532   PANGLOBAL BRANDS INC. files SEC Form 15-15D on 04/16/2010 VistaViewer 04/16/10 03:27:26 PM
#531   Still curious why we haven't lost the "E" VistaViewer 04/16/10 12:00:59 PM
#530   teachera, "Everyone is free to do what they VistaViewer 03/26/10 08:17:30 PM
#529   VW and Stefanoid, teachera 03/26/10 06:55:01 PM
#528   Stefanod, I am now down 76% on this VistaViewer 03/26/10 09:52:18 AM
#527   Hey Vista, Stefanod 03/26/10 09:36:15 AM
#526   SEC Form 8-K filed on 03/24/2010 VistaViewer 03/25/10 11:50:49 AM
#525   roadking56, I think they're probably doing OK selling products. VistaViewer 03/22/10 06:16:22 PM
#524   So much for their doing real good. TAonly 03/22/10 04:02:12 PM
#523   So now we're just another Stinky Pinky! VistaViewer 03/22/10 03:34:52 PM
#522   cuold it be related to this? Stefanod 03/22/10 01:24:39 PM
#521   low volume...but you're correct..OUCH! Woodbooger 03/22/10 12:18:13 PM
#520   Ouch InvestorSuisse 03/22/10 12:15:44 PM
#519   looks like shares are on sale this a.m. Woodbooger 03/22/10 12:09:12 PM
#518   Thanks fatherofseven! I'm still holding here.. :) InvestorSuisse 03/19/10 11:22:01 AM
#517   wow thats great great news fatherofseven !!!! I goldenhands 03/16/10 04:39:10 PM
#516   Just got off the phone with PNGB CEO fatherofseven 03/16/10 12:09:38 PM
#515   Thanks, Nice work fatherofseven! :) InvestorSuisse 03/16/10 11:17:33 AM
#514   Golden... just called. They have a bonafide business fatherofseven 03/15/10 10:28:44 PM
#513   This is the latest info I have. goldenhands 03/15/10 07:31:49 PM
#512   Thanks for doing that. I don't have answers, fatherofseven 03/15/10 06:07:05 PM
#511   By the way I have called twice, and goldenhands 03/15/10 04:29:59 PM
#510   Geeez no postings for over 5 days. Anyone goldenhands 03/15/10 04:18:24 PM
#509   While scoring a sour note on the surface, fatherofseven 03/11/10 08:56:46 AM
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