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Nice buys coming in...
Wild trading today...
Nice slap.
420 shares - a foretelling of the future perhaps?
$BTZO - Looks like the investor networking event in Beverly Hills attracted a nice crowd!
http://siliconbeachclearly.com/photos-fashion-film-debut-day-3-tech-companies/
The tops going to blow off of this, and it appears to be sooner than later...
Whoa! Look at that 22 bid!!
Tonight is the networking/investors meeting that was referenced. Maybe that will create a bit of interest...
Acquisition News!!
Bitzio Announces Intent to Acquire ZMJ Denim
Apr 02, 2014 09:30:00 (ET)
Bitzio Announces Intent to Acquire ZMJ Denim
Plus-Size Apparel Market Projects Steady Growth
LOS ANGELES, CA--(Marketwired - Apr 2, 2014) - Bitzio (OTCQB: BTZO), a fashion acquisition company operating under the trade name Democratique, announced today a letter of intent to acquire the plus-size denim brand, ZMJ Denim.
ZMJ Denim is the brilliant creation of sisters Zakiya Jones and Tashiba Jones-Wilson, LA natives with extensive knowledge of the fashion industry and a keen sense of growing market trends.
In 2011, the duo created ZMJ Denim after noticing a void of denim in the plus-size market, a market that makes up 67% of the apparel purchasing population. The FIDM alumni believed they could change the way curvy women experienced fashion.
Tashiba Jones-Wilson described the concept as a perfect storm. "We narrowed down on two expansive categories within fashion: plus-sizes and denim. It was difficult to find trendy jeans for larger girls, but we knew that every girl deserved to wear fashionable pieces. When we realized we had the knowledge and creativity to change this, everything just clicked into place."
ZMJ Denim has provided everything from bold, edgy designs to simple and classic silhouettes. All pieces cater to plus-size women who love fashion, comfort and affordable pieces. The line has attracted the attention of fashion enthusiast Alex Martin Dean, daughter of Academy Award winner Whoopi Goldberg. Dean brought her talent to the team by creating a line of super skinny jeans for women size 10 and up. MAJ for ZMJ Denim offers jeans that compliment full-figured frames for a sexy and comfortable fit.
CEO and designer Zakiya Jones explains, "Denim is a timeless staple for any wardrobe. I realized that a lot of young women didn't have access to trendy and fashionable denim because of their size. I knew that I could use my experiences, both as a consumer and as a designer, to make shopping for these women fun and easy."
As the denim industry continues to hold its strong presence in fashion, a projected $56 billion global industry by 2018, comfort and fit carries the majority of incentive for consumers. Almost 84% of buyers purchased their denim based primarily on fit.
With the joint efforts of the Democratique team, ZMJ Denim is hoping to turn their brand into a household name for women sizes 10-24 (the majority of female consumers). In 2012, the plus-size apparel industry had nearly $7.5 billion in revenue, and that number is expected to increase to $9.7 billion by 2017. ZMJ Denim believes that these consumers have the right to be satisfied with their fit, style and price. Currently, 62% of plus-size women have difficulty finding styles they want, and more than half of those women are disappointed with the quality of their purchases. ZMJ Denim sets out to correct this fashion gap in the market.
Democratique (www.democratiquela.com) acquires emerging apparel brands just past the start-up stage, pairs them with our talented team of experienced apparel businesspeople, and equips them with the resources needed to take their brands to the next level.
About Bitzio, Inc.
Bitzio, Inc. (OTCQB: BTZO) started as a mobile app development business leveraging celebrity and athlete followings. With its learnings from the celebrity market, in mid-2013, Bitzio shifted its focus to fashion through a unique Los Angeles-based apparel incubation model. Uniquely qualified to identify promising apparel brands, Bitzio accelerates these emerging brands with its access to capital, extensive industry experience, centralized operations and established manufacturing and distribution channels. Bitzio is based in Los Angeles, California.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws, including statements relating to expectations for the proposed merger with Tech Hollywood and its performance thereafter; The terms and phrases "expects", "would", "will", "believes", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by Bitzio in light of its experience and its perception of current conditions and expected future developments, as well as other factors that Bitzio believes are appropriate in the circumstances. Many factors could cause Bitzio's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. These risk factors and others relating to Bitzio that may cause actual results to differ are set forth in Bitzio's periodic filings with the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on Bitzio's forward-looking statements. Bitzio has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For Investor and Media Inquiries:
Investor Relations
Bitzio, Inc.
Email: info@bitzio.com
(MORE TO FOLLOW) Dow Jones Newswires
April 02, 2014 09:30 ET (13:30 GMT)
Check that; 10k due Apr 1, but I'm sure they'll fill a NT 10k for extension
10k for 2013 is due Apr 15. No 10q required for Q4.
Haven't been able to sit my bids low enough today. Hoping for some nice EOD dumpage to really bring my avg down!
This is getting run down quick.
Rise back up should be fun...
Very interesting. It's great to see the CEO getting out there in the trenches. Shows a deep level of commitment.
Get those elite soused and get them checks!
If you have the patience I am confident you'll be rewarded. Lots of capital backing on this, and the insiders have all the incentive in the world to increase the share price. The epic run will come, I have no doubt of that. Just a question of when.
Thanks StockHub37 - Go Bitzio!
Green close = good close
Just some more Gerber for my fat baby. We know the growth spurt is coming.
...I don't know why I just said that. It's all that came to mind. Go Bitzio!
No idea, but if a mod can get that taken care of it'd be great.
2-year distributor contract for Sahaja with Joey Showroom!
This guy has connections with top retailers! From PR:
'In addition to the launch of the Sahaja Knits website, Sahaja has entered a 2-year contract with exclusive fashion sales house, Joey Showroom. With an elite team of representatives and locations in New York City, Los Angeles & Dallas, Joey Giuntoli is one of the very few domestic agents that effectively secures distribution throughout the entire country. For over a decade Joey Showroom has worked with major retailers such as Neiman Marcus, Saks, Nordstrom, Bloomingdales, Barneys NY and Bergdorf Goodman, as well as contemporary giants Urban Outfitters & Anthropologie, and thousands of better boutiques. "The product is beautiful and really stands out. We are proud to add Sahaja into our elite selection of brands," said President Joey Giuntoli.'
Bitzio announces new website and listing at exclusive showroom for its Sahaja brand
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LOS ANGELES, March 20, 2014 /PRNewswire-iReach/ -- Bitzio, a fashion acquisition company operating under the trade name Democratique, unveiled the new website, sahajaknits.com, for their designer knitwear brand Sahaja as a result of their work with marketing experts, Echo-Factory, located in Pasadena, Ca.
The website coincides with the launch of their Sahaja Knits label, offering the same quality products Sahaja has retailed in luxury stores around the world at a better price point. "Sahaja Knits is expanding our brand's potential to reach a wider audience of customers. Our new price structure offers our high fashion garments at affordable prices, and allows us to develop a high volume business- especially in the younger contemporary market," said founder Serge Berliawsky.
In addition to the launch of the Sahaja Knits website, Sahaja has entered a 2-year contract with exclusive fashion sales house, Joey Showroom. With an elite team of representatives and locations in New York City, Los Angeles & Dallas, Joey Giuntoli is one of the very few domestic agents that effectively secures distribution throughout the entire country. For over a decade Joey Showroom has worked with major retailers such as Neiman Marcus, Saks, Nordstrom, Bloomingdales, Barneys NY and Bergdorf Goodman, as well as contemporary giants Urban Outfitters & Anthropologie, and thousands of better boutiques. "The product is beautiful and really stands out. We are proud to add Sahaja into our elite selection of brands," said President Joey Giuntoli.
"The relationship with Joey Showroom is a huge asset to our business. Besides being a major distribution force they are simply great people, we can't wait to see what the future brings," said Serge Berliawsky, President and Creative Director of Sahaja.
Gordon McDougall, CEO of Democratique added, "The placement of a Democratique acquired brand in a noted showroom such as this validates the power of what we are building and offers valuable exposure to our other brands. We are moving rapidly in a very promising direction."
Democratique (www.democratiquela.com) acquires emerging apparel brands just past the start-up stage, pairs them with our talented team of experienced apparel businesspeople, and equips them with the resources needed to take their brands to the next level.
To view the new Sahaja Knits apparel line, visit www.sahajaknits.com.
About Bitzio, Inc.
Bitzio, Inc. started as a mobile app development business leveraging celebrity and athlete followings. With its learnings from the celebrity market, in mid-2013, Bitzio shifted its focus to fashion with a unique Los Angeles-based apparel incubation model. Uniquely qualified to identify promising apparel brands, Bitzio accelerates these emerging brands with its access to capital, extensive industry experience, centralized operations and established manufacturing and distribution channels.
Here is the ad agency that Democratique is working with. They have a stellar portfolio with mostly local and some well known national brands. The future is bright, and these market prices are gifts from above. They'll be gone soon.
http://echo-factory.com/
Ronny Kobo, who's fashion line is currently worn by Rihanna and other A-list celebs, joins the Bitzio advisory board.
Clearly she knows how to get people to pay $500+ for $5 worth of fabric.
I am happy to rid anyone of their 18's...
Ronny Kobo's Facebook page below. Who do we see wearing her? Rihanna, Christina Aguilera, Paris Hilton, Maria Menounos, Carmen Electra, Jordin Sparks, Lindsey Vonn, Khloe Kardashian, Kelly Rowland. More than enough for even dudes to spot some familiar names.
https://www.facebook.com/Torn.by.Ronny.Kobo.fashions
Bringing on board a couple of legitimately tried and true successful fashion power players.
Bitzio/Democratique is building itself up for an amazing run. I'm loading this dip.
The fact that they've rebranded as Democratique and are still trading as Bitzio tells me there's plenty of news they can release in the coming months.
Question for anyone who may have insight - what are the portfolio reports that are piled up in Ihub's BTZO news listings? Are these actually relevant to BTZO?
I'll repost a link to a great article from Upstart Business Journal. This is just the beginning of great days for BTZO/Democratique!
http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/02/20/democratique-wants-to-buy-fashion-brands.html
Wow, well over a million shares bought at .0023 to close the day! I'm ready to see some pennies!
Democratique article from Upstart Business Journal!
http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/02/20/democratique-wants-to-buy-fashion-brands.html
Awareness will come...oh, yes.....awareness will come.
Its loading time. These guys have a long term plan to raise value, and I expect the PR's to come hot and heavy over the next few months.
Looking forward to seeing the awareness crews come in full tilt!
Wowza! Looks like market finally caught up to the news.
News:
Bitzio Announces Letter of Intent to Acquire E-Motion Apparel
LOS ANGELES, CA – via eTeligis - Bitzio (OTCQB: BTZO), a fashion acquisition company operating under the trade name Democratique, announced today a letter of intent to acquire E-Motion Apparel, Inc., a brand of dynamic, one-of-a-kind, casual wear for today's active lifestyle.
E-Motion Apparel is a savvy niche brand that offers unique, tie-dyed casual wear for women that embodies femininity, individuality and spirit. Founded in 2011, E-Motion Apparel is currently available in more than 40 stores with presence in many hotels, including MGM Grand, and spas from Florida to California. Democratique has been working with E-Motion Apparel since November 2013 under a previously disclosed exclusive distribution agreement.
"We are thrilled at this opportunity to add E-Motion Apparel to Democratique's brand portfolio," said Gordon McDougall, Democratique CEO and Director. "Their creativity and ingenuity paired with our business expertise and resources will position the brand for explosive growth."
McDougall went on to say, "What we are also very excited about is that, in many ways, since we first executed our distribution agreement to market E-Motion's apparel last November, we have now proven the Democratique model."
The Democratique model is to acquire emerging brands of apparel that are past the start-up stage and, using our resources and tools and team of experienced apparel businesspeople, take the brands to the next level.
In only three months, Democratique has enhanced E-Motion Apparel by leading a complete rebranding effort, creating an amazing new website for the brand, adding sales reps and increasing distribution. The brand is gaining serious traction in the marketplace as a direct result of the team and structure of Democratique.
Mr. McDougall continued, "E-Motion Apparel will be the first move in our planned acquisition strategy, and one we intend to use as a platform model for other acquisitions. Given our immediate success with E-Motion, we now can apply our business model to numerous brands and be very confident that we can and will have the same impact on those brands. This will be a true inflection point for us as a Company, and for our shareholders."
"In our first 3 months of operating with the Democratique team, we have seen firsthand their capabilities and, together, have truly catapulted E-Motion Apparel to another level," said Marilu Brassington, Co-Founder of E-Motion Apparel. "As an apparel industry accelerator, Democratique brings an experienced management team, an infusion of capital, and access to established supply, sales and distribution channels that are typically unavailable to emerging brands. We are excited by the opportunity to move from our current distribution agreement to full equity ownership with Democratique for the benefit of all shareholders."
Upon completion, E-Motion Apparel will be the first acquisition to be added to Democratique's portfolio in 2014. The all-stock transaction is expected to close in April 2014, subject only to completion of definitive documentation.
About Bitzio, Inc.
Bitzio, Inc. (OTCQB: BTZO) started as a mobile app development business leveraging celebrity and athlete followings. With its learnings from the celebrity market, in mid-2013, Bitzio shifted its focus to fashion with a unique Los Angeles-based apparel incubation model. Uniquely qualified to identify promising apparel brands, Bitzio accelerates these emerging brands with its access to capital, extensive industry experience, centralized operations and established manufacturing and distribution channels. Bitzio is based in Los Angeles, California.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws, including statements relating to expectations for the acquisition of E-Motion Apparel and its performance thereafter; The terms and phrases "expects", "would", "will", "believes", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by Bitzio in light of its experience and its perception of current conditions and expected future developments, as well as other factors that Bitzio believes are appropriate in the circumstances. Many factors could cause Bitzio's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. These risk factors and others relating to Bitzio that may cause actual results to differ are set forth in Bitzio's periodic filings with the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on Bitzio's forward-looking statements. Bitzio has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For Investor and Media Inquiries:
Investor Relations
Bitzio, Inc.
Email: info@bitzio.com
SOURCE: Bitzio, Inc.
From what I can deduce they are acquiring apparel lines. The first was e-motion apparel. Product can be purchased at the site below:
http://www.emotionapparelinc.com/
More acquisitions are supposedly in the works along with retail distribution agreements. I'll give them one thing; they employed some hot models!
Thank you for the summary. Everything I see, read, and hear about CMGO confirms my long position. I look forward to the day the market catches up to the company's intrinsic value.
Hi - Long time shareholder, first time poster here. I remain excited about this stock and feel it is severely undervalued given the financials.
One question for the regulars. Today's news is great and all, but I recall last week seeing an XA event for L'oreal, which would likely be new business. Why wouldn't news like this get PR'd? This is what truly adds to the value of the company and would attract new investors looking for returns.
I just don't understand the lack of substantial PR's when there is clearly revenue generating growth going on.
If anyone in the know could speak to this, I'd be much obliged!
Great bid support this week...
dumped right back down. so much for news momentum. we need some more substantial updates.