With over 1.5 million visitors to our blogs and thousands of visitors daily, Sierra World Equity Review will be giving MASSIVE MULTIPLE DAY targeted audience exposure to our latest Publisher Alert: Hancock Fabrics (HKFIQ)
This caption below taken from the Hancock Fabrics (HKFIQ) website shows that Michaels Stores are now in full control of Hancock Fabrics website and have big plans coming!
As of April 30 2016, Michael Stores (MIK) operated more than 1,200 stores in the U.S. and Canada , according to a regulatory filing. In February, the company spent approximately $150 million to acquire Lamrite West Inc., which includes the small, regional craft chain Pat Catan's as well as craft supply wholesaler Darice.
Michael Stores (MIK) will continue to run Hancock Fabrics (HKFIQ) under that name, and just updated their website to reflect Michaels is now running the show.
Hancock Fabrics (HKFIQ) has an amazingly tiny share structure of 23M O/S float 19M, (this means the share price could move on air rising very quickly as investors compete for limited shares)
In forms filed with the Court and SEC in December 2016 show that Hancock Fabrics (HKFIQ) had unrestricted cash and equivalents tottalling over 9 million dollars and that they generated revenues of almost $200 000 November 2016.
NOW is the the time to buy shares of Hancock Fabrics (HKFIQ), deeply discounted due to bankruptcy BUT WILL rebound to new highs thanks to being acquired by NYSE traded Michael Stores (MIK)
Hi, my name is Sierra and I'm 27 yrs old. I'm single and I live in Old Town in beautiful Key West, Florida. Thanks to a family inheritance I feel very blessed and fortunate to be financially independent allowing me to live life to the fullest!