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Omni Commerce Corp CCTXF

"Mezzi Holdings Inc is a brand management company, which is engaged in the sale and distribution of various consumer products and fashion accessories. Its segments include Mezzi, which includes leather goods; MLine, which includes luggage and cases, and Capital Eyewear, which includes hand-made eyewear. The company is also engaged in the business of producing, developing and marketing different brands and categories of consumer products through omnichannel sales platform."


GREY:CCTXF - Post by User

Comment by ctblizzardon Aug 20, 2017 10:57am
66 Views
Post# 26600774

RE:So Mezzi official twitter silent

RE:So Mezzi official twitter silentGood points.

People with money are always looking for opportunities to have a business that has had a lot of promotion/dollars thrown behind it to get it going. However, the only reason Mezzi had sales was huge promotion on a level no one with non-public capital would even try. But that said I think 500k might be a good number. 

Cap eyewear was purchased by Mezzi for 175k? I think? The value was extracted out by selling the equipment and inventory and I do not think it is worth very much. The whole gig there was it was made in the USA in California, used reclaimed redwoods and other woods etc. As a China made wannabe sunglass seller it would also take a bit of promotion. But it does have some name recogition and had a store presence with Allen Edmunds? (not sure on spelling). But I doubt as is its worth more than 50-100k on a sale.

I think MLINE is completely dead but who knows. Not enough info. One minute we had 30-40k a month in sales then nothing. Not sure what happened there.

Mekenix looks dead. But we do not know for sure. Social media stopped, Victory square took them off their list of companies and someone here reported Greyhours said they were on hold pending "restructuring". Looks like the main guy has another job. Again this is all from what we can find poking around and nothing official yet.

When things were going good stock price wise we had about 38 million shares, and within a few years that mushroomed to 92 million shares before the reverse split. Now it is 160 million shares and if the warrants were exercised (just the new ones) it would be 230 million shares (or 23 million post split but using big numbers to show how we were diluted).

So in essence shareholders have been massively diluted.

I think we have a month to two months to get something rolling in the right direction. No one is going to stick around otherwise to wait for 7 million shares to come off lockup. If we move it will probably be sold into by those PP peeps sucking out value on the new story. We will know if they are selling if this moves up a bit from here.

It has already been a long winded story here. Even the last of us is about out of patience. Based on everything I have seen I think it is possible to get out even sometime a few pennies higher for me. But that could change. It would be nice for something good to happen here next week, as I think we should get news on the Mezzi sale/changes whatever made them not a part of Mezzi holdings.

Good luck to everyone.


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