SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mammon who wrote (1033)1/30/1999 12:15:00 AM
From: Mammon  Read Replies (4) of 2489
 
ILIA KELACH'S (CHAIRMAN AND CEO OF BOTH PARLUX AND PRFM,) FAMILY OWNS MORE THAN HALF OF PRFM.

See hoovers.com

for the Hoover's description of Parlux. The description states that Ilia Lekach is chairman and CEO of Parlux, which sells perfumes directly to Dillard's and Neiman's and others, and also to the specialty outlet chain Perfumania, of which "the family of Parlux Chairman and CEO Ilia Lekach owns more than half."

This gives additional credence to my last post that Ilia Lekach, chairman and CEO of Parlux, who took over as chairman and CEO of PRFM from Simon Falic sometime between the 5/98 10-K and the 12/15/98 10-q, bumping Simon Fralic down to CFO and Secretary, would have the power to now remove him as CFO, treasurer and secretary.
IMHO
Of course, perhaps Simon just wanted to ease out of these positions, but it seems as if this move today was a continuing act of control on Ilia's part, and more importantly, not a sign of some sort of financial problem or mystery.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext