If the company's printing off shares, this is not a good deal. If they're not, then it's an interesting investment still.
Collectible Concepts Group Adds to Sales Team
Collectible Concepts Group, Inc (OTCBB: CCGI) announced today that they had added a new Vice President of Fulfillment, two new inside sales people and one additional sales support person to its sales team.
Paul Lipschutz, President of Collectible Concepts, said, "We are seeing a large increase in sales orders due to our marketing agreement with Brax3D, and our joint venture with Gridworks, and adding to our staff was necessary to keep up with order processing. Additionally new sales opportunities have arisen giving need to more inside telephone sales people."
Under a distribution agreement with Brax 3-D, Collectible Concepts offers Brax 3-D's distinctive NFL(TM) Shakers, colorful, team logo emblazoned salt and pepper shakers; a football hero line of cups and tumblers available with three dimensional "cityscapes" from each NFL(TM) team's home stadium; a unique line NFL(TM) player-based notebooks, with colorful 3-D graphics of a dynamic new "CityScape" look, available in all of America's favorite teams.
GridWorks and Collectible Concepts have formed a joint venture to market and distribute Gridworks' quality, licensed football, basketball and baseball commemorative wood sports products with the marks associated with various collegiate and national sports leagues, including professional football and Major League Baseball.
About Collectible Concepts
Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and E-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccgi.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
Source: Market Wire (June 20, 2006 - 10:32 AM EDT)
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