Hi all, latest news:
Company Press Release
Source: The L.L. Knickerbocker Co.
L. L. Knickerbocker Signs Investment Banker
The Shemano Group to Represent LLK
RANCHO SANTA MARGARITA, Calif., July 16 /PRNewswire/ -- The L. L. Knickerbocker Co., Inc. (LLK) (Nasdaq:KNIC) today
announced that The Shemano Group, Inc. located in San Francisco, California has been engaged as the Company's investment
bankers. The two-year agreement was signed following several months of negotiations.
The Shemano Group is positioned as an intermediary between investors and the financial markets. As a full-service brokerage firm,
their client services include Corporate, Money Manager, Consulting and Transaction Services. Public offerings, private placements,
mergers and acquisitions and fairness opinions are among the corporate services offered by Shemano Group. The firm has developed
relationships with fee-based and performance-based managers, considered by them to be among the best in the financial arena.
Shemano Capital Management, a subsidiary of Shemano Group, manages a fund of funds. Additionally, Shemano Group offers its
clients, among others, equity research, block trading, market making and agency transactions services.
Louis L. Knickerbocker, Chairman & CEO, commented with ``Selecting an investment banker is a very important step for our
Company. We have given it very serious consideration and were only willing to make the commitment when we were completely
satisfied that the union would serve both well. We believe we have made the right choice in The Shemano Group.''
The L. L. Knickerbocker Co., Inc. markets a wide variety of branded collectibles, jewelry and accessories and consumer products. The
Company's primary focus is to create and build Brands which can be marketed through a variety of channels, including national and
international retail and direct response mail. The Company has a 38.3% equity investment in Pure Energy Corporation, the exclusive
worldwide licensee to an alternative fuel developed at Princeton University. Recently, the U. S. Patent Office issued a Notice of
Allowance for claims covering the alternative fuel which is patent pending. In addition, the Company holds a significant equity
investment interest in Ontro, Inc. and Insta-Heat, Inc. involved in the development of containers which self-heat food and beverages.
For more information, visit the L.L. Knickerbocker Co., Inc. website at
knickerbocker.com.
SOURCE: The L.L. Knickerbocker Co.
Now, anyone care to speculate on why the union?
What comes next?
Tony |
