60% Off Comics Sale Ends Friday

Howdy!

We operate Mile High Comics, Inc. on a fiscal calendar year, and must thus submit annual reports to our lenders based upon our December 31st statistics. That timing normally works very well for us, as the last week of the year is a continuation of winter break for most school children and college students. As a direct result, our foot traffic in our four Denver-area retail stores during the week after Christmas is typically even better than the week before the holiday. Unless, of course, an arctic front comes roaring into Colorado (as it did this morning...), glazing all the roads with ice, and dropping our temperatures to well below zero. In that case everyone tucks in safely at home, and we are just out of luck.


Ice on Roads - Car Wreck

What makes this sudden downturn in our weather particularly hard to bear is that I am right in the middle of negotiating a refinance of our company loans. Interest rates are at an all-time low, and we have the opportunity to decrease our interest costs next year by a full 20%. But, those savings can only come to pass if we can close on our new loan. Our prospective lenders definitely want to see evidence that we had a strong fourth quarter, however, so our online sales during these last three days of December have become disproportionately important.


Temperature Screen Shot

To make a long story a bit shorter, the need to bolster our balance sheet is why I have made the decision to extend our annual 60% off CHRISTMAS! sale on our ten million back issue comics until Friday, January 2nd. We have already achieved all of the online goals that I set for this sale, so all other considerations aside, I was very ready to let the CHRISTMAS! codeword expire tomorrow. But with our retail store sales tanking, my only option is to offer an extended period of opportunity to those of you who shop with us online. Please do enjoy this unplanned extension of our 60% off sale, with our thanks and gratitude for your support.

A couple of quick asides: First, out of sheer necessity, our 30%-50% off trade paperback and hardback book sale is also being extended until Friday. Second, new comics and books, a few variants, and our CGC-grade comics are still not a part of the sale. All of the thousands of issues that Will and Pam just added into our New-In-stock links are, however, included in the 60% off sale.. Third, I highly recommend that you take full opportunity of this end-of-the-year 60% off sale to build your collection. The CHRISTMAS! codeword sale is an exceptional chance for you to build your collection at a fraction of our normal prices.

I will close today's newsletter by mentioning that we have had several staff meetings recently to establish our company priorities for 2015. One of the consensus opinions that has been put forth is that we have been discounting far too much during 2014. Simply put, when we are slashing almost all of our prices on our entire website by 50%-60% off, we are just not covering our full costs of replacement on many of our comics. That being the case, you should not be surprised to see us scale back a bit on our steep discounting of our comics during 2015. I promise you that we will still offer you great deals, but just not to the extent of the nonsustainable rates of 2014.

Happy Collecting!

Chuck Rozanski,
President - Mile High Comics, Inc.
December 29, 2014

P.S. We just got our finished cover of Princeless: Pirate Princess #1 Mile High Cover (Limited to 1,000 copies). You can pre-order a copy at $14.95 by contacting Greg or Mario in our new comics subscriptions department. You can call them weekdays, 9-5, at 303-455-2659. Or you can write to them at nice@milehighcomics.com. In case you did not already know this fact, we never wholesale our variants, so no more than five copies of our Princeless: Pirate Princess #1 for any one client, please. We also are still taking pre-orders for our Star Wars #1 Mile High Cover.


Princeless: Pirate Princess #1 Mile High Variant


Star Wars #1 Mile High Variant


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