Bitzio Issues Letter To Shareholders

Bitzio Issues Letter To Shareholders

Bitzio (OTCBB: BTZO) DBA Democratique today issued the following letter to shareholders:We wanted to take this opportunity to share the growth, progress, and plans of Bitzio Inc (BTZO) DBA Democratique to become a major force in the emerging fashion brand industry.

In July, we announced the acquisition of two brands joining the Democratique family. These brands included E Motion Apparel and Lexi Luu Designs. In July we closed both of the acquisitions as planned, and their results will be announced in our upcoming 10 Q filing. In addition, Democratique has identified our next two target acquisitions which we expect will occur over the next two months. Each of these brands represents a unique opportunity to capitalize on a specific market niche and current gap in the market.


Skipjack Dive Dancewear represents one of our next two strategic acquisitions. Skipjack Dive Dancewear sells swimwear and divewear in all sizes, including plus size for more modest swimwear. In addition, the acquisition of Skipjack provides Democratique with manufacturing equipment, offering an additional revenue stream via subcontracting manufacturing to other fashion brands. Democratique expects to announce the executed LOI for Skipjack by the end of November 2014.


The second acquisition in the pipeline is Punkz Gear. This is a sister company of Lexi Luu Designs Inc. Punkz Gear is a kids hip hop dancewear line for dance and hip casual wear. Punkz Gear is manufactured out of the Lexi Luu Designs facility in Mesa, Arizona, and is also owned by our CEO, Hubert Blanchette. We expect to announce the executed LOI for Punkz Gear in December 2014.