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Tuesday, 11/08/2011 12:09:32 PM

Tuesday, November 08, 2011 12:09:32 PM

Post# of 3106
E-mail from Seth Burroughs:


-----Original Message-----
From: Seth Burroughs <SBurroughs@xcelbrands.com>
To: bkmuc <bhmuc@aol.com>
Cc: Erika Stair <erika@isaacmizrahiny.com>
Sent: Tue, Nov 8, 2011 6:06 pm
Subject: Investor Inquiry

Mr. K.,

I oversee investor relations for Xcel Brands, Inc. (NFBH.PK), and Erika Stair shared your e-mail with me.

The registered shares of Xcel Brands, Inc. are currently tradable, so if you want to sell your position or buy more shares you are able to do so provided that there is a counter-party to the trade. However, given the reverse split that was completed in September and the new shares that were issued in connection with the merger of NetFabric Holdings, Inc. and Xcel Brands, Inc.., there are not a significant amount of registered shares of the stock that are available to be traded – currently less than 200,000 shares, and thus not an active market for the trading of our common equity.

In connection with the merger that we completed on September 29, 2011, we issued a press release and filed an 8K and related forms with the SEC. We also recently submitted an S1 registration statement to the SEC for review, which once accepted by the SEC will register additional shares and increase the float in our securities. Finally, we have and plan to continue to issue press releases with updates on our business, and may engage an investor relations firm in 2012 to further increase awareness of the company to existing and new investors.

Hopefully this addresses your question, but if you have any further questions or ideas I would be happy to discuss them with you at your convenience.

Regards,

Seth Burroughs
EVP, Treasury & Business Development
Xcel Brands, Inc.
475 Tenth Avenue, 4th Fl
New York, New York 10018

Direct......347-532-5894
Fax.........347-436-9178

www.xcelbrands.com
sburroughs@xcelbrands.com

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