Posted 30 July 2016 - 19:28

Dear Friends and Pen Collectors

This note is to inform you all that after almost a year of negotiations with Omas pen company, through its Chinese owner, we finally reached an agreement and purchased all of Omas stocks and basic materials that will allow us to remake the superb celluloid pens manufactured by Omas since 1925. No doubt, those great celluloid colors are the identity of Omas for all of its pen collectors.

I cannot help but reflect on Armando Simoni, Raffalella Malaguti and their son Gianluca Simoni Malaguti, for their great work since 1925. My respect for them! One day, I will make an special edition dedicated to "Simoni Malaguti family" in their honor, I promise.

Although, I must say this acquisition is a bit disproportionate compared to what we already did with Wahl-Eversharp and Conway Stewart, to be honest, it is the riskiest financial operation of my life.

We must remember that Omas has lost more than $10 million the last 8 years and LVMH group between 2001 and 2007 lost $5 million.

However, in both cases, the company management was incompatible with their size and so I am convinced, that the only way forward is a "family business" management style.

But with all the efforts I have put into this new venture, nothing will be possible without the support of pen collectors

limited series pens included) new in their boxes. Of course, we should sell at a discount between 30% and 70% off the retail price. In order to provide an adequate capital, I'll put online very soon a website called omasoutlet.com , where we will sell all Omas pens (more than 2,000

My dear friends, when it comes to pen collectors, others brands call you a "niche." I call you my base. I count on you.