Xcel Brands, Inc. (XELB)

[BKMUC]

I only got this e-mail response from Seth Burroughs:


-----Original Message-----
From: Seth Burroughs <[e-mail]>
To: boriskauffer <[e-mail]>
Sent: Sat, Dec 31, 2011 6:57 pm
Subject: RE: Investor Inquiry

Boris,
Thank you for your e-mail. In terms of trading in XELB, the shares are freely tradable but there are still only a limited number of registered shares in the market. On October 28, 2011 we filed an S-1 (share registration filing) with the SEC to register approximately 2.9 million of the shares and warrants that were issued pursuant to our common stock offering, acquisition, and related transactions that closed on September 29, 2011. A copy of the S-1 is available on our Investor Relations site at http://ir.xcelbrands.com along with our other financial filings.
While we filed the S-1, it will not become effective until it is approved by the SEC. On December 15, 2011 we filed an 8K/A to address questions and comments we received from the SEC on the 8K related to the September 29, 2011 transactions. We are continuing to work with the SEC to address any remaining questions or comments they may have on the 8K/A as well as the October 28, 2011 S-1 filing with the goal to have the S-1 effective as soon as possible in order to increase the number of registered shares in XELB.
We've also been reviewing alternative markets (i.e. OTCBB, NASDAQ, etc) for our shares in order to get additional market makers in our stock, but based on a number of factors including regulatory and market requirements cannot commit to any change in our listing at this point.
In the interim, we have been focused on growing the business and expanding the Isaac Mizrahi brand in new categories and distribution channels. Press releases related to various licenses we have signed are available on our website (http://ir.xcelbrands.com/releases.cfm), Isaac will be a head judge on the upcoming Project Runway All-Stars which airs in January, and we continue to pursue additional growth opportunities for the business.
We understand your concerns over the liquidity in our shares and are actively reviewing alternatives to increase liquidity and trading in our common stock that we believe would be in the best interest of our shareholders. If you have any additional questions or comments, feel free to reach out to me; we sincerely appreciate your continued support, and I hope you have a happy and healthy New Year.
Sincerely,

Seth Burroughs
EVP, Treasury & Business Development
Xcel Brands, Inc.
475 Tenth Avenue, 4th Fl
New York, New York 10018
Direct......347-532-5894
Fax.........[phone]
www.xcelbrands.com
[e-mail]