Omni Commerce Corp CCTXF

Consumer Cyclical Luxury Goods

"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."

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Omni Commerce Corp > News Out on MEZZI HOLDINGS (V.MZI)

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Comment by thadeushon Nov 24, 2017 12:31pm

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RE:RE:RE:RE:News Out on MEZZI HOLDINGS (V.MZI)

I'd add a third good thing and that is that the pp is being issued so quickly. We knew they needed cash and apparently they did too. The fact that they are getting the ball rolling so quickly is a positive. If I'm feeling generous, I'd say that the ridiculous .20 level was prolly negotiated before they realized that the post-consolidation enthusiasm for the stock would take it to the .30 level. Makes no sense (or money) to shareholders to wack the price like that, but maybe they had to take a guess at the level and stick to it. If they'd have chosen .30 and the price was .19 it would have been quite a challenge to fill the pp.

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