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Author Topic: TNGO News
letsplay28
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Tango Adds Production Veteran to Management Team.
Friday October 15, 8:00 am ET


PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 15, 2004--Tango Incorporated (OTCBB:TNGO - News) is pleased to announce that Greg Kiser, a veteran of the screen printing and embellishment industry, with over 20 years of production experience, has joined the Portland management team. Kiser, who also has extensive sourcing experience, has joined the Company as Vice President of Operations.
Greg Kiser has a stellar background in the business, and will be instrumental as a market expert in Tango's acquisition strategy as it moves forward. He has worked both domestically and offshore and has been responsible for running high volume printing and embellishment operations with organizations such as Storyline, Art F/X, Dunn and HH Cutler. He brings with him a wealth of experience that is critical to the production side of the business. Kiser has direct oversight of all pre-press, production and post-press activities, combined with the ability to stretch into both the Art Department and Client Services to ensure a cohesive order fulfillment process.

According to Matt Murray, President of Tango Pacific, "Greg's first task has been to design and install an entirely new and independent Quality Control Department. This will allow us to continue to improve on the quality of service Tango presently provides its customers. We feel that now that we are moving into profitability, Greg will be instrumental in allowing us to achieve our goal of order fulfillment excellence matching print quality excellence."

About Tango

Tango Incorporated is a leading garment manufacturing and distribution company, with a goal of becoming a dominant leader in the industry. Tango pursues opportunities, both domestically and internationally. Tango provides major branded apparel the ability to produce the highest quality merchandise, while protecting the integrity of their brand. Tango serves as a trusted ally, providing them with quality production and on-time delivery, with maximum efficiency and reliability. Tango becomes a business partner by providing economic solutions for development of their brand. Tango provides a work environment that is rewarding to its employees and at the same time has an aggressive plan for growth. Tango is currently producing for many major brands, including Nike, Nike Jordan and RocaWear.

For more information visit: www.tangopacific.com.

Safe Harbor:

This news release does contain forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This news release will make statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of Tango Incorporated to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. There is no assurance that Tango Incorporated will not default on its agreements and any default could have a potential impact on the value of the company. Other risks include the small size of Tango Incorporated as compared to many of its competitors, the need for additional capital, dependence on key personnel, Tango Incorporated's ability to win additional contracts, risk associated with the fashion industry, commodity risk, employment standards risk, the effect of new laws or regulations relating to the business of Tango Incorporated, and economic conditions.



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letsplay28
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Anyone else still holding like me?

I'm puzzled with this one, it just keeps dropping, but I don't want to sell and take a big loss at this point....


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tigertony
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Got out along time ago it was like watching paint dry.One of those ones that defy logic.Good Luck
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Raptorsrule
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Got out today myself this AM.

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stocktrader22
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I bought it at .017 for 3k worth and im pretty down right now, i dont know how much it will drop from here but i hope it will bottom out soon, all I want to do is sell for no loss now. I thought this company had potential and they announce positive results with the stock price plummeting, whens the 10q coming out?
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letsplay28
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I bought 60,000 at .017 and 40,000 at .016.

I'm in the same boat now, I'd like to be up a little, but if I can break even now, I'd be delighted.

I know this is a solid company, and their quarterly should be coming out soon...I'm holding until then to see what happens.


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ShadowStalker
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I'm still holding 85k of shares that I bought at .022. I'm looking at possibly selling this sucker on Monday, unless it starts going up. From now on the rule be a 10% loss and then I'm out, this is the last time that I lose money on a stock by marrying it. Should have listened to Dog again about a stock and did a day play on it. I'm gonna focus the rest of this money on TTCS. I've already got 30k of TTCS and will add to it. Happy trading everyone, Shadow.
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inv3stor
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Looks to be moving up today on news:

Business Wire - October 22, 2004 11:11

PORTLAND, Ore., Oct 22, 2004 (BUSINESS WIRE) -- Tango Incorporated (OTCBB:TNGO) is pleased to announce that Spring 2005 is expected to the largest ever gross revenue six month period for Tango Pacific. Projections are estimating revenue of $3.6 million to $4 million for the months between February through July of next year. Tango's operations division will begin experimenting the running of one press 24/5 then 24/7 to begin planning the logistics for ramping up for additional revenue expected in the Spring.

Tango's current production facility is 85,000 square feet, and has the following equipment:

Production Equipment

-- Automatic Presses

-- 1 14 color -- 16 station press TAS

-- 2 12 color -- 14 station press TAS

-- 1 10 color -- 12 station press TAS

-- 1 8 color -- 18 station press TAS

-- 1 8 color -- 10 station press TAS

-- Manual Presses

-- 2 12 color Antec

-- 2 8 color Antec

-- 3 6 color Antec

-- 12 Heat Transfer Machines

-- Harco Numbering Press

-- M & R Numerator

-- Gas Fired Dryers

-- 4 Raypaul 1,000,000 BTU Cyclone Dryers

-- 1 Interchange 500,000 BTU Gas Dryer

-- 1 Precision 500,000 BTU Vortex Dryer

-- Finishing

-- EZ Fold Machines

-- Bag Sealers

Art Department

-- 7 Macintosh Work Stations G4s and G5s

-- Network Database w/Interdepartmental Interfaces

-- Photoshop, Illustrator, Paint

-- Dedicated Rip Server (Imagesetter)

-- In-House Film Output

-- Laser Printers

"Our equipment and facilities are evidence that Tango is well positioned to handle this growth," said Sameer Hirji , CEO.


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letsplay28
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It's a real shame that I sold at .13, but I'm staying away from this now....I already lost a lot by becoming attached to this once..

:-(


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