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Agreed, with volume and price increasing I'm sure the shorts are getting nervous.
DLIAQ Fab NY Exec to lead DeLiA*s comeback.
FAB NY
CATEGORIES LICENSES CONTEMPORARY BRANDS JUNIOR FASHION BRANDS YOUNG MEN'S BRANDS
ABOUT US
WHO WE ARE
Founded in 1997 by Steve Russo (a graduate of Wharton School of Finance) FAB NY leaders in multi-category product licensing and manufacturing. With over 25 years in the industry Steve Russo is an accomplished pioneer in the Youth and Adult Handbag and Accessory market. In 2003, FAB NY established itself as a key resource for Youth Accessories.
Executive Bio
Steven Russo, Founder President & CEO
With over 25 years in the industry, Steve Russo is an accomplished leader in the Youth and Adult Handbag and Accessory market. A graduate of Wharton School of Finance, Steve worked in and studied the industry for ten years before founding FAB NY in 1997. FAB NY established itself as a key resource for Kid's Accessories and in 2003, with the acquisition of the industry dominant Pyramid Accessories, became a leader in the Kids Character License market, anchored by multi category license with Hello Kitty, as well as in depth partnerships with Nickelodeon, Hasbro etc. In 2010, Steve entered the designer handbag market through the introduction of Artisan House, a company with owned brands Foley + Corinna, Isabella Fiore and Danielle Nicole. Uniquely positioned in the market, Artisan House curates talent and has collaborated with fashion icons such as LAMB, Carlos Falchi and pioneered collaborating with Bloggers in their recent handbag collection with The Bag Snobs. In 2012, FAB NY enhanced its backpack brand portfolio with the global launch of MOJO Backpacks™ in addition to fashion brands, Yak Pak and MadPAx and has become a key resource for Fashion Backpacks. A believer in giving back, Steve has sponsored graphic arts programs in two community high schools to enable the youth of his community to build careers in product design and architecture at an early age. In 2014, Steve made significant investments in E-Commerce Retailers, dELiA*s and Alloy Apparel which broadened his investment portfolio in the Fashion Industry. Steve's achievements and iconic inspiration for vision and leadership have made him a respected and trusted partner to many. Steve currently serves as a board member of TerraCycle, a global leader in collecting and repurposing hard- to- recycle waste through various innovative platforms. Steve lives in Brooklyn, with his wife Heidi. He has four children, three stepchildren and a grandchild.
ABOUT US PRESS RETAIL PARTNERS PHILANTROPHY SOURCING CONTACT US
The short cover alone could push this to pennies.
DLIAQ volume increasing over the last couple days. Products available through there online store and at Amazon.
Fab NY Exec to Lead dELIA*s Comeback
May 01, 2015
Teen omni-channel retailer dELiA*s, which filed for bankruptcy in December, will re-launch exclusively online this August under new ownership led by Steve Russo, founder and chief executive officer of accessories licensee FAB NY.
Russo partnered with Brian Lattman and other industry investors to purchase Alloy Apparel and Accessories from dELiA*s back in June 2013. Now the two executives have teamed up again under the newly formed entity Butterfly Retail Acquisition to purchase the dELiA*s brand.
The company's debut back-to-school collection will be available at Delias.com this August.
New plans for the retailer include an online only platform and a focus on connecting with customers via social media platforms. In fact, news of dELIA*s' return garnered much attention on social media with more than 50,000 likes on Instagram and the hashtag #DeliasForever was launched.
The dELiA*s catalog will also be re-launched, and the company will work reposition itself in a way that better engages teenagers.
DLIAQ Fab NY Exec to Lead dELIA*s Comeback
May 01, 2015
Teen omni-channel retailer dELiA*s, which filed for bankruptcy in December, will re-launch exclusively online this August under new ownership led by Steve Russo, founder and chief executive officer of accessories licensee FAB NY.
Russo partnered with Brian Lattman and other industry investors to purchase Alloy Apparel and Accessories from dELiA*s back in June 2013. Now the two executives have teamed up again under the newly formed entity Butterfly Retail Acquisition to purchase the dELiA*s brand.
The company's debut back-to-school collection will be available at Delias.com this August.
New plans for the retailer include an online only platform and a focus on connecting with customers via social media platforms. In fact, news of dELIA*s' return garnered much attention on social media with more than 50,000 likes on Instagram and the hashtag #DeliasForever was launched.
The dELiA*s catalog will also be re-launched, and the company will work reposition itself in a way that better engages teenagers.
Agreed MONEY, Delias brand name lives on.
Very impressive Bio.
It always amazes me how thing's like this can go unnoticed for so long.
DLIAQ I have been seeing volume the last couple days and price has more than doubled. It looks like there online sales platform along with Amazon is working.
DLIAQ I have been seeing volume the last couple days and price has more than doubled. It looks like there online sales platform along with Amazon is working.
DLIAQ I have been seeing volume the last couple days and price has more than doubled. It looks like there online sales platform along with Amazon is working.
As soon as we get news on the revenues there generating with online sales this could get very interesting. With only 70 million shares outstanding even modest sales numbers would put this over 5 cents.
I called Delias today and talked to a sales Rep. They told me they are strictly an online retailer now and business was doing fine.
OK I see it.
Where is the chart Pete?
Losing the Q here would be explosive.
DLIAQ has seen some interesting action the last couple days. increasing volume along with price. This one once traded at $12.00 on the NASDAQ.
DLIAQ has seen some interesting action the last couple days. increasing volume along with price. This one once traded at $12.00 on the NASDAQ.
DLIAQ has seen some interesting action the last couple days. Increasing volume along with price.
DRNK With no more dilution occurring it will move.
DRNK +50% on 170 mil shares, looking stronger every day.
DRNK .0006's falling +50% on 170 mil shares. No dilutors in sight.
DRNK 6's getting hit hard.
DRNK solid long term hold.
DRNK 5's getting hit hard.
GRDO looking good with the bid support we have 2's won't last.
OMVS Good day yesterday to close at .0234
Up 170% on 1,765,000 shares to close at .0019. Now that's thin.
Very good day...looking forward to buying more tomorrow.
Just the beginning $ky.
3's should fall by EOD.
GRDO...looking very good today.
DRNK Great news time to drop a zero.
DLIAQ commons worth 10-20cents per share - DD PROOF!!! - DD POST
by agthomeservices @ Feb. 12, 2015, 7:35 a.m.
DLIAQ
AFTER spending almost a full day of DD on DLIAQ I decided to buy a huge amount.
Heres what I found and Why I think commons could fetch much more than current prices and ultimately could end up with 10-20cents per share.
First I dug into the Assets/Liabilities of the company to get a real grip on where we stand, this is what I found based on filings from the past 2 days.
Assets = $34Million vs. Liabilities = $37Million
Sounds like Liabilities outweigh assets at first but then you dig deeper into the filings.
The Liabilities mainly consist of payments due to Salus Secured creditors ($18.5M) and $ owed to Vendors. There is also $11.4M in Liabilities for un-spent gift cards which as of January 27th, 2015 are UN-REDEEMABLE. This will be removed from the liabilities on the next report imo.
This would lower Liabilities to $26Million. Which puts commons into a 10cent range per share alone.
As for the Assets, they list cash on hand(~$1M), bank accounts(~$9M), investments, inventory ($20Mill) and accounts receivable(~$4M).
The total assets as of Feb 11th Court Filings is $34Million.
As for their inventory, $20Mill in clothing, well this would but there value much higher than 20 cents.
There products are still being sold through there website.
I'm going to do some DD and see what's going on.
Agreed, I may have to look into this.
Website is still working.
Been very quiet for a long time.
With that kind of bid support no where to go but up.