30 Days in Trading, Milos Designs is Still Gangbusters
MLS(SLCAPEX) CEO Firstdesigns Milos; "Watch This Space"
For SLReports.netOn October 25th, 2008, I had the opportunity to meet with Firstdesigns Milos, the CEO of Milos Designs (MLS : SLCAPEX), less than a day after the IPO sold out with a blistering 100,250 shares sold in one day. We talked about the upcoming plans and future of MLS(SLCAPEX), and in
"When i first applied to become listed on capex the reason for wanting to was for education. I am currently in my final year of university studying Accounting and Finance," Milos said. "Having the opportunity to become a CEO of a public company, dealing with investors and having a business that was more corporate is something that I am very much interested in. Also, when the IPO was first put on sale and when investors had the opportunity to take a look at my prospectus they questioned me when they found out that I don't need the IPO funds for investment at this present time. Simply putting it, the reason for wanting to become a listed company is not because MiLOS needs money. It doesnt sound healthy for a business which is running fine privately to then choose to become listed and have the possiblity of using up a proportion of profits in dividends. Although like I said, i am very excited at being a CEO and having shareholders. it may help to refine the business and to bring an insight into any developments which may benefit the running of the company."
"It is understandable however that during the 10 months of MiLOS being open I have ran it by myself, also dealing with graphic designer, product designers, marketers, etc." Milos added.
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