Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google

Get the latest industry scoop


Daily News

From Home Furnishing Business

Decorize Leaves American Stock Exchange

By Home Furnishings Business in Accessories on May 2007 Springfield, Mo.-based Decorize, which supplies home accents and accessories to a number of large furniture retailers, announced Monday that trading in the company€™s shares was suspended by the American Stock Exchange on Friday.

As the company reported in April, the move was anticipated and it has submitted an application to the NASD to be listed on the Over the Counter Bulletin Board (OTCBB), and expects to begin trading on the OTCBB in the upcoming weeks. In the interim, the stock can be traded in the Pink Sheets under the symbol DCZI.

CEO Steve Crowder said, €œOur Company is in the best operating and financial position in its history and the suspended trading in Decorize shares is not a reflection on our recent results. Decorize has achieved profitability, is generating positive cash flow, and we are tremendously encouraged by the reception that our innovative designs have garnered in the home furnishings markets. We are

committed to continuing to create value for our shareholders, and look forward to demonstrating this once we have completed our move to the


Founded in 2000, Decorize has developed a vertically integrated design, sourcing and logistics model that reduces costs traditionally channeled into home furnishings. The company has served more than 3,000 small and large retail accounts, including national brand names such as, Broyhill Furniture Industries, Bombay Company, Wal-Mart and Rooms To Go.

Comments are closed.
Performance Groups
HFB Designer Weekly
HFBSChell I love HFB
HFB Got News
HFB Designer Weekly