SANTA MONICA, Calif., June 27, 2013 /CNW/ - BOLDFACE Group, Inc. (OTC BB: BLBK), a Santa Monica, California based celebrity beauty licensing company (the "Company") founded by beauty industry veterans focused on top tier entertainment and designer opportunities in the market, announced today that its CEO Nicole Ostoya posted its first Shareholder's letter highlighting its results through the third quarter.
Following strong financial posting for last quarter BOLDFACE is eager to get the news out to a larger audience. "We had strong revenue with the initial launch shipments and saw a significant increase in gross margin," stated Ostoya, "We have made considerable inroads with international distribution plans and the development of the new brands and licenses and are enthusiastic about our noteworthy positive results."
See the Shareholder Letter Here
BOLDFACE is a Santa Monica, California based celebrity beauty licensing company founded by Nicole Ostoya and Robin Coe-Hutshing, beauty industry veterans. Please visit www.boldfacegroup.com for further information.
Safe Harbor Statement
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the availability of additional funding; and the Company's business, product development, marketing and distribution plans and strategies. These and other factors are identified and described in more detail in the Company's filings with the United States Securities and Exchange Commission, including, the Company's Current Reports on Form 8-K. The Company does not undertake to update these forward-looking statements.
SOURCE: BOLDFACE Group, Inc.
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