Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No ;) on that one?
Here's a little info for you nubies.
"Under the new leadership of Chief Executive Officer H. J. Blanchette, Bitzio continues the successful implementation of its business model, leveraging the strengths of its centralized organizational operations and distribution channels. Most recently, E-Motion Apparel, Inc joined Lexi Luu Designs in its partnership with Zulily.com, establishing a notable foundation for the brands e-commerce presence. Additionally, to further consolidate resources, Lexi Luu Designs is transitioning operations to the Southern California area, whereby both brands will be operating in the same location, sharing all operational resources.
"Integrating the two brands has paved the way for greater efficiency and cross distribution opportunities that would otherwise consume a substantial amount of resources to develop. Operating as a joint team under the Bitzio umbrella, positions our brands for noteworthy gains in a fraction of the time," commented Hubert Blanchette, co-founder of Lexi Luu and Chief Executive Officer of Bitzio.
Furthermore, Bitzio recently secured additional financing with its existing institutional investor. This relationship, along with Bitzios newly executed investment banking partner, Pyreness Investments, LLC, has provided Bitzio brands with the capital for continued progress. Together with our funding partners and the merging of the brands infrastructure and financials, its a new playing field that dramatically changes the game for us, commented Marilu Brassington, Bitzios CFO and co-founder of E-Motion Apparel, Inc."
If BTZO takes off, I'm going to become a Southerner like you junebug.
If ignorance is bliss, some of these guys must walk around with permanent smiles.
We're all here trying to reach the same destination. GLTY
He's referring to the business troubles that occurred BEFORE they acquired Emotion Apparel, Lexi Luu and he became CEO in July '14.
"Totally slammed and totally dedicated and determined"
Pennyland, here we come!!!
Did anyone get an email response from Hub?
Rocky Mountain chocolate company was the old name of Bitzio.
I agree with you. I have no doubt this is going to break out into something big.
He needs to, and I expect nothing but good things.
After the news that was dumped on us today, it's exciting to see the resilience BTZO showed today.
That's good to know. That amount of shares=confidence in BTZO. That just makes me want to add even more.
Thanks. After yesterday, I'm glad to see you Hokie and a few others didn't sell. I'm in it for the long haul.
BTZO should change it's name to Timex. It takes a licking, and keeps on ticking. 3's tomorrow!!
Stay strong brother, you're repelling the jokers and making some new doubters reverse their anxiety.
I agree
You picked a pass play, just like the Seahawks. Too bad they didn't realize it was the wrong play and could change it like you did.
That seems very logical. If only you could convince him JB.
This is a good article that explains a little bit about their process. This is before Hub became CEO. Make sure to read all 3 pages.
http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/02/20/democratique-wants-to-buy-fashion-brands.html
I think they aren't required to file the 4th quarter as long as they report the annual.
I'm optimistic like you nickel. We should hear something relatively soon.
This is a little motivation for the BTZO team. From the July'14 8-k.
Quote:
The Share Exchange Agreement provides that additional shares of common stock will be issued to all parties if the annual revenue for any of the current or next two years exceeds the following threshholds: 2014 - $420,000; 2015 - $660,000; 2016 - $780,000.
I liked it and had my wife like it also.
We're ready for the lotto numbers!
Me too JB,I think we're still going to hear something today.
I think there was a timestamp on that at 5 pm or shortly after that.
March is ok, but I'll take some February 19th madness!
Maybe we'll hear something soon. OTC companies are allowed to skip 4th qtr posting and just post the annual reporting which isn't due until the end of March.
I've been following for awhile, and so far I am 100% confident that we're going to be out of trips very soon.
I hope Hub turns out to be the Michael Jordan of the BTZO Dream Team!
It would be nice to hear something, anything really. GLTY
Sir- sorry for his loss. Lol
I agree, Sam. I follow this board all day, waiting on the good news.
I was following him for awhile. That's how I found out about $BTZO. After doing my own DD, I realized that I HAD to invest here.
We haven't heard from Blullish in awhile. What happened?
I'm hoping for the best for all of us. Go $ BTZO
I've known the answer to that question for a long time, JB. I'm hoping this takes off so I can do some good for these people.
Me too JB. I know quite a few people that need some help. Go BTZO!!
I'm with you. Hoping to hear something real soon.