Sunday, October 14, 2012 1:40:12 AM
As for deals not completed, they filed the Direct Led S-1 and amendment-it often takes several amendments before its approved.
They announced that the closed the acquisition of Cyn and Luca plus 11 sleepwear brands, that if previous prs are accurate have over 10 million in annual sales. They closed in the last quarter so revs from those companies should show in their next quarterly filing, which should be next month.
These are really positive developments for a company that had no cash or revenues. If the cost is the 75 million increase in the AS that preceded the acquisition announcement, so be it. Small price to pay as far as I'm concerned.
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