The DailvyAdvocate.com has been simplifying and localizing wall street on the web for the past few years, with some success at bringing you information on Wall Street’s most influental investors. Today we’re here to talk about 2 featured investors known well throughout NYC for their fashion apparel business, Victor Azrak & Ruby Azrak. Continue reading
Hello everyone, I hope you’ve all been enjoying this great weather in NYC. after long months of freezing weather we are starting to see some sunshine glimmer off the city’s skyscrapers!
Hey Everyone! I just wanted to let you guys know i’m working on a intro video for new recruits applying for Excel Corp. It’s only a short film, the rest is being proccesed as we speak. check it out Let me know what you think.You can also find Excel Corp’s stock value here
For over 15 years I have been selling, buying and trading businesses. Since becoming CEO & Vice President for Excel Corp, Apple Bottoms, and Numerous other companies, we have more than doubled as an industry leader in brand licensing with partners such as rocawear, tommy girl, baby phat, phat farm and many more.
With years of experience I’ve learned that businesses can fail, but people don’t have to. Through dedicated hard work and perseverance, I have overcome economy woes and managed to overcome some of my greatest challenges professionally and personally.
Loyalty and commitment are the two principle qualities I believe in. In the roles of CEO, Vice President, Investor for companies focused on licensing and merchandising, or stock investing, I commit 100% to my clients. You can see the proof for yourself in our bottom-line results.
Moving forward I’d like to known as an excellent investor, as well as mentor, partner and family man
NEW YORK, Jan. 16, 2013 /PRNewswire/ — Excel Corporation (OTC Bulletin Board: EXCC) has announced the acquisition of startup credit card merchant acquiring company, Excel Business Solutions Inc. As a wholly owned subsidiary of Excel Corp., Excel Business Solutions intends to provide credit and debit card processing services for merchants in a variety of industries.
Excel Business Solutions will seek to provide bank card payment services to merchants in the US. In addition to deploying its own sales effort, the company will recruit Independent Sales Organizations to act on Excel’s behalf. Excel Business Solutions has also positioned itself to engage in the business of purchasing recurring monthly residual income streams from existing ISO/Processor contracts. RBL Capital Group, LLC has issued a non-binding Letter of Intent reflecting terms to underwrite and subsequently finance the acquisition of up to $20 Million of Merchants Based Portfolios.
David Popkin, a successful real estate developer, has come aboard to head the newly combined Excel Corp. Mr. Popkin has managed efforts to acquire property, worked with city agencies to properly entitle prospective developments, established banking relationships to assure appropriate financing, managed hi-rise construction and oversaw marketing and sales efforts. “David’s diverse background and demonstrated ability to manage many different aspects of business make him the right person to drive this combined effort. I feel confident that I am putting the company in capable hands,” says Ruben Azrak, outgoing CEO of Excel Corp.
“We are excited to be making this acquisition,” added Azrak. “This is a strategic growth engine for Excel Corp. and comes with the added benefit of some of the most talented folks in the industry. It is great to have David, and his management team on board.”
In addition to Mr. Popkin, the management team includes Marcus Clapman and Kutty Chanin. Mr. Clapman served as the Director of Business Development at Business Payment Systems.
He aided in strategic investments, product development, cultivating ISO relationships and third party alliances that directly contributed to that company achieving $3.5 Billion in annual transactional volume and becoming the largest Merchant Acquirer as measured by registered representatives.
Mr. Chanin, as Director of Sales for Tribul Merchant Services over the last five years, has sought out, recruited and ultimately engaged some of the most productive ISOs in the credit card industry. Prior to working at Tribul, Mr. Chanin worked cooperatively with Mr. Clapman as the Vice President of Sales at Business Payment Systems.
“This transaction is a great opportunity for everyone involved,” says David Popkin, CEO of Excel Business Solutions. “The combined public entity has afforded us the ability to attract great talent like Mr. Clapman and Mr. Chanin as well as the potential facility to finance the acquisition of existing portfolios. Excel Corp.’s background in retail will be an invaluable asset. The company is really going to benefit from all these advantages.”
In connection with the acquisition, Excel Corp. issued 33,532,446 shares of its common stock to the shareholders of Excel Business Solutions. Immediately following the acquisition, there were 65,201,223 shares of Excel Corp. common stock issued and outstanding, plus the company is contractually obligated to issue an additional 1,863,669 shares of common stock in exchange for certain preferred shares of its subsidiary. In addition, Charles, Ruby and Victor Azrak resigned as officers but will remain as members of the Board of Directors while focusing on the existing licensing business. David Popkin, Marcus Clapman and Antonio Rubio have joined the Board of Directors as well. David Popkin and Shawn Alcoba have been appointed Chief Executive Officer and Comptroller of Excel Corp., respectively. Additional information regarding the acquisition will be contained in the company’s Current Report on Form 8-K that will be filed with the SEC in the next few days.
About Excel: Excel is a publicly traded licensing, merchandising, and distribution company, focused on bringing national and international brands to the retail marketplace through licensing opportunities, including the representation of brands, trademarks, designers, events, and personalities of high standing in the industry. Excel’s key executives have over 30 years of licensing experience and have established programs at retail which have generated cumulative sales of over one billion dollars. Continue reading
here are 10 tips everyone should know entering the field of brand licensing
1. It pays to think big picture
when you start any business you should always have the end-game in mind. it’s wise to envision what you want your business to look like down the line.
2. Look for longevity
Don’t let a broken economy get you down. Apparel brands that have survived economy woes are the ones who plan out what future generations are to wear.
3. Retail sales of licensed fashion goods have been up and down recently, and that’s ok.
Recent data shows things are expected to go up soon. so pay attention to the markets.
4. Get ready to create a lifestyle brand
Just think “Rocawear” “Tommy Girl” “Phat Farm”
5. Keep the quality
According to Licensing.org, “fashion licensing is meant to be invisible to the consumer, who is not to even consider that a third party licensee is making the products that carry the designers name.”
6. It’s all about timing
Knowing when to launch campaigns may be the key to your success. Pay attention to recent trends and upcoming launches you might have to compete with.
7. Don’t be afraid to go high-end
In less-than-stellar economic times, it can be tempting to think lean and mean. But there’s something to be said for those who have that muchconfidence in their product that they keep it priced at the premium level.
8. Do what you do best and license the rest
Read the entire article HERE
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To See Mr. Azrak’s Page Click Here