Surber said, “My vision for Black Chandelier is of international proportions. We plan to pursue sales in more favorable regions in the U.S., as well as target rapidly growing economies outside of the United States. I believe that we can get our Black Chandelier retailer back on track once we are able to raise the necessary capital to push forward. We have to remain in the game until we do so. While it is difficult to close two stores, it is a necessary step for our continued development.”
Nexia intends to see the offering document through to completion. “When the registration statement clears comments and Nexia is able to raise sufficient capital, we plan to use those funds to open stores in places such as Southern California that has a consumer demographic that may be more receptive to our products. In the interim, GFL intends to boost its efforts to increase online sales through its Black Chandelier web site and increase sales at its remaining stores,” added Surber.