|Good Evening DUMMIES!!!!
Our New Momentum Alert Is: SEYE – Signature Eyewear, Inc
Are you guys ready or what?
SEYE has been very quiet for as long as we can see and is trading just above its 52 week low price here! With its small share structure we should see some big movement today!
Founded in 1983, Signature Eyewear is a worldwide eyewear company based in Los Angeles, California with25 Years of Optical Leadership!. Signature has evolved and is now defined by its fresh out look, outstanding employee mix and amazing customer base.
Name: Signature Eyewear
Price: $.15 cents
Float estimated: 1,500,000
Total Shares Outstanding est: 7,000,000
Signature is dedicated to offering its customers inventive product, dynamic brand names, and superior customer service. Through its partnerships with bebe, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hummer, Laura Ashley, and Nicole Miller, the Company brings quality products and distinct designs to the optical marketplace. In the ever-changing eyewear industry, product and service are crucial to remaining competitive and Signature is focused on just that.
Signature markets product to over 22 countries worldwide through its international home office in Los Angeles, California. Independent optical retailers, located in the United States, are serviced by Signature’s direct sales force that is 60 strong and growing, while the Company services domestic national and regional chains with its team of senior sales executives.
Going forward, Signature will continue to focus on developing its relationships with optical independents and mid-size regional chains located in the U.S. Chain consolidation has made optical independents a crucial segment of the industry, representing 55% of the frame business. This segment of the industry now represents an opportunity for growth and expansion for Signature. Signature will also continue to expand its global distribution with a focus on Latin America and South America.
Current High End Lines:
Carmen Marc Valvo
Hart Schaffner Marx
Laura Ashley Girls
Nicole Miller Collection
CEO and President CFO, Principal Accounting Officer and Director
Mr. Michael Prince is the Chief Executive Officer, Chief Financial Officer, Director of Signature Eyewear Inc. Mr. Prince joined the Company in 1993 and has served as the Chief Financial Officer since 1994, and as Chief Executive Officer since 2003.
Age: 60 CEO Since 2003
Chairman of the Board
Mr. Richard M. Torre is Chairman of the Board of Signature Eyewear, Inc. since April 2003. For the past nine years, he was Chairman of Dartmouth Associates, Inc. and Dartmouth Commerce of Manhattan, Inc., which engage in consulting, merchant banking and investment banking activities.
Age: 64 Chairman Since 2003
Corporate Secretary, Independent Director, Chairman of Audit Committee and Member of Compensation Committee
Mr. Ted Pasternack is Director of Signature Eyewear, Inc since 2003. Mr. Pasternack is a Certified Public Accountant who for more than the past ten years was a financial consultant through Betafam, Inc., a corporation wholly owned by him.
Age: 67 Chairman Since 2003
Mr. Kevin D. Seifert is the Senior Vice President of Signature Eyewear Inc. Mr. Seifert joined the Company in 1998 and has served as Senior Vice President since 2006.
Age: 47 SVP Since 2006
Ms. Jill Gardner is Senior Vice President of Signature Eyewear Inc. Ms. Gardner joined the Company in 2003 as Vice President of Design. She was appointed Senior
Vice President in 2006.
Age: 42 SVP Since 2006
Mr. Edward Meltzer was Director of Signature Eyewear, Inc since 2003. Mr. Meltzer was the President of Elanday Equities, Inc., an exporter of various products, since 1987.
Age: 74 Director Since 2003
Mr. Drew Miller is Director of Signature Eyewear, Inc since 2003. Mr. Miller was the President of Heartland Consulting Group since 1994. Mr. Miller is a Certified Management Accountant, Certified Mergers and Acquisitions Advisor, Certified Financial Planner and Certified Government Financial Manager.
Age: 51 Director Since 2003
In addition, Signature will continue to search for new brands to add to its portfolio in order to bring its customers cutting edge product with a focus on design.
This company appears to be a hidden gem that could run like crazy when investors catch wind of this company!