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What is happening here some movement......?.
Since this stock has been on life support for some time now might be a good time for a resurrection!!!
LOL I second that, I'm embarrassed to say I got caught up in the hype about the filings and upcoming clothing lines. In turn I lost a Huge chunk of money here. 
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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
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$THE WAVE 01/12/2010
DEAR WAVERIDER$) 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 |
