{"id":1133,"date":"2007-09-21T11:05:50","date_gmt":"2007-09-21T18:05:50","guid":{"rendered":"http:\/\/www.carlsbadistan.com\/?p=1133"},"modified":"2007-09-21T11:05:53","modified_gmt":"2007-09-21T18:05:53","slug":"orange-21-declines-no-fear-retail-deal","status":"publish","type":"post","link":"http:\/\/www.carlsbadistan.com\/?p=1133","title":{"rendered":"Orange 21 Declines No Fear Retail Deal"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.orangetwentyone.com\" target=\"_blank\">Orange 21<\/a><\/strong>, the the Carlsbad-based company that owns <strong><a href=\"http:\/\/www.spyoptic.com\/\" target=\"_blank\">Spy Optic<\/a><\/strong> has announced that they are abandoning their preliminary discussions with <strong><a href=\"http:\/\/www.nofear.com\/\" target=\"_blank\">No Fear Retail Stores, Inc<\/a><\/strong>. regarding the <strong><a href=\"http:\/\/www.carlsbadistan.com\/?p=689\" target=\"_blank\">purchase of the company&#8217;s 40 retail store fronts<\/a><\/strong>.<\/p>\n<blockquote><p><strong>John Pound<\/strong>, the Co-Chairman of the Board and the Chairman of the Special Committee that evaluated the preliminary discussions said that &#8216;a transaction does not make sense at this time&#8217;. However, the discussions were useful in identifying &#8216;our short-term goals of focusing organic growth&#8217;<\/p><\/blockquote>\n<p>Orange 21 CEO Chief Executive Officer of Orange 21 <strong>Mark Simo<\/strong> said that &#8220;our stockholders would be better served by us continuing to focus on our turn-around efforts.&#8221; And we agree with Mark.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.tradingmarkets.com\/.site\/news\/BREAKING%20NEWS\/632472\/\" target=\"_blank\">Trading Markets<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orange 21, the the Carlsbad-based company that owns Spy Optic has announced that they are abandoning their preliminary discussions with No Fear Retail Stores, Inc. regarding the purchase of the company&#8217;s 40 retail store fronts. John Pound, the Co-Chairman of the Board and the Chairman of the Special Committee that evaluated the preliminary discussions said [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[8,22],"tags":[],"_links":{"self":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1133"}],"collection":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1133"}],"version-history":[{"count":0,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1133\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1133"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}