posted
This is a good time to jump into this stock. Some good PR's. Price going down because of listing on Berlin Stock Exchange. They should be delisted shortly!!
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 having aggressive plan for growth.
-Tango is currently producing for many major brands, including Nike, Nike Jordan and Chaps Ralph Lauren.
Pretty good PR's lately-
April 27 Tango Incorporated ( TNGO ) today announced the appointment of Susan Kara as head of the sales division. Kara will be responsible for building the new sales division. "Our goal is to build a world class sales and marketing team and we would like to welcome Susan Kara to the Tango Team. After spending 17 years with Nike, she has now selected Tango to be a part of a successful career," said Todd Violette, chairman and COO.
May 13 Tango Incorporated ( TNGO ), a leading screen printing company for major brand name apparel labels, today announced initial indication that its gross revenue for the quarter ended April 30, 2004 will be the highest gross revenue posted for a quarter since inception. These revenue figures were generated despite the fact that Tango went through an internal reorganization that detracted from its sales efforts.
May 19 Todd Violette, chairman and COO of Tango Incorporated ( TNGO ), is pleased to announce that Tango's management team has agreed to pursue the opportunity of distributing pre-printed tee shirts. This is a change in direction for the Company, which in the past has been a full service contract screen printer for major brand name apparel labels. "We have seen apparel companies grow their revenues to in excess of $200 million within five years. We believe that there is no reason that we cannot accomplish this because we are already associated with many distribution channels," said Todd Violette, COO.
June 14 Tango Incorporated ( TNGO ) today announced the addition of Ron Ransom to its art department. "We have built a top notch art department that is creating a buzz in the industry. As our art department continues to gain exposure, additional revenue opportunities will be presented and we are confident that the Tango brand will be established as a national player in the fashion industry," said Todd Violette, Chairman and COO The addition of Ron Ransom confirms Tango Pacific's commitment to establishing the best screen art department anywhere in the country. The Tango Pacific art team's staff of seven artists includes artists that have won various awards. Ransom's achievements include winning The Golden Squeegee, the industry's recognition for the best screen artist in its category.
Plus they only have 28 million outstanding shares and saying they will have a 3 for 1 forward stock split.The Board of Directors has recommended that the Company undertake a 3 for 1 forward stock split, thereby increasing the number of shares outstanding and the attractiveness of said shares to certain investors.
DO YOUR OWN DD BEFORE INVESTING!!!
[This message has been edited by osubucks30 (edited June 26, 2004).]
June 24 Tango Incorporated ( TNGO ) today announced that it is taking immediate steps to de-list its common stock from trading on the Berlin Stock Exchange. The Company's shares were listed on the Berlin Stock Exchange without the Company's prior knowledge, consent or authorization.
TNGO has recently been made aware of an unauthorized listing of its common stock on the Berlin-Bremen Stock Exchange. Company executives became suspicious that the possibility of "naked short selling" could take place in its stock due to the unregulated nature of the Berlin Exchange
posted
I don't find news on yahoo finance, and no sigthing of the request for delisting on pinksheet news. Can you give me the link where you found that PR?
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PORTLAND, Ore., Mar 24, 2004 (BUSINESS WIRE) -- Tango Incorporated ( TNGO ), a leading garment manufacturing and distribution company, today confirmed the Monday, March 22, 2004, conference call announcement that it would be late in filing the current, March 15, 2004, 10-Q. The company expects to be trading under the symbol TNGOE until filing occurs.
posted
Dude, I don't want to fight with you or anybody. But I'd like to add these comments. There are several people (who are active members on this board) that have nagative concerns about CMKX, are they posting CMKX is bad every day? If you dont like a stock, you say it once. If you keep on posting negative comments (with pretty much the same reasons), you are a basher or some kind of psycho who enjoys bashing people. Wallace/You/Richness are bashers. Oilman has concerns, he said it once, may be twice and left the people alone. Because only time will tell who is right. Same with DaDog. Anyway, its good that you are not going to talk about CMKX anymore.
Good luck to every one!
[This message has been edited by TruthTeller (edited June 26, 2004).]
posted
I will admit it is a risky investment!! But I'm going to take a chance and buy some. Will hold long. They do work with Nike, Nike Jordan, and Chaps Ralph Lauren.
They are going to expand into graphic Tees's. "I am delighted to announce that this arrangement will provide Tango the opportunity to maximize our efficiencies and fund our rapid growth, while simultaneously accomplishing our goal of increased profitability through expansion into the retail fashion industry. We believe the market for pre-printed tee shirts to be in excess of $2 billion a year domestically, and we are well positioned to tap into that business. Tango can achieve higher margins and position itself to have greater revenue growth over the next five years. We have seen apparel companies grow their revenues to in excess of $200 million within five years. We believe that there is no reason that we cannot accomplish this because we are already associated with many distribution channels," said Todd Violette, COO.
posted
I still think this is a good long term investment. There is some risk though. I am concerned about dilution. There are 49 million outstanding shares now. Hopefully the increase in orders can generate enough income so they will not have to issue more shares!!
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Tango Incorporated Secures Contract with Global Apparel and Footwear Company 7/6/2004 7:25:00 AM PORTLAND, Ore., Jul 6, 2004 (BUSINESS WIRE) -
- Tango Incorporated ( TNGO ) announced today that it has completed the initial shipment for its new client -- a well-known, global apparel and footwear company -- whose name the Company has elected to not disclose at this time for competitive reasons.
This particular client was brought on board by Tango's new executive sales team, which was formed specifically to increase the Company's revenue in 2004. The client has indicated to Tango Pacific, Tango Incorporated's garment manufacturing subsidiary, that it is interested in purchasing over $705,000 worth of production per quarter, renewable for several quarters.
According to Todd Violette, Chairman and COO of Tango Incorporated, "The significant turnaround that we initiated last year and the Company's investment in a new executive sales team is beginning to pay off, as is illustrated by the landing of this new client, which ranks among the top five in the apparel and footwear business. I'm confident that our new team will continue to parlay the strong reputation Tango Pacific has established in the screenprinting industry into more business and increased revenues. The Company has taken the necessary steps to bring increased value to our shareholders. This new client, along with other new business that we are anticipating, has moved us closer to the Company's goal of being profitable by the fourth quarter of our FY2004
THEY KEY IS THE LAST SENTENCE!! PROFITABLE BY FOURTH QUARTER FY2004. IF THIS HAPPENS THE STOCK WILL GO UP QUICKLY.
posted
Up in after hour trading.(.0265) Last two trading days heavy volume. Goes up in morning then slowly falls back. Hopefully this will break .03 and stay above there by the end of the week.
[This message has been edited by osubucks30 (edited July 06, 2004).]
posted
More news. It seems good. Starting a second shift means they have plenty of work.
PLENTY OF WORK= REVENUE!!!!
They probably are going to dilute the share til they hit 100 million outstanding. (49million last 10Q) If this is true the market cap is still only around 2 million!!!
posted
They got to be dumping more shares on to the market. I'm out of this one because I think it will continue to go lower like it has been. I thought it had potential but after all the good PR's it is lower then it was before they issued them.
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