Inca Designs, Inc. (fka IDGI)

[rstar]

the timeline and narrative here is very important to understand.
Inca has been around for ten years though only a public company for about 2.
at first they were just a wholesale business, selling inca line to barney's neiman's etc.
as i understand it, the former designer 's husband(or boyfriend?) Izzy reich took the company public,
hired promoters, ir people etc . which is why you will find lots of the promotional material you see from about a year ago,
as well as some bitter promoters turned bashers as it has been rumored lots of the promoters got stiffed..
this was all when the stock was trading over 1.00 down to about 01.

seems like over last summer , seeing what these folks were doing to the co.
they did what they needed to get both stephanie and izzy completely out.
this was not without ramifications as the stock was likely shorted.
also as a term of receiving continued financing, some past debt had to be resolved , increasing the os from 54 mill to 715,
with 320 mill of that being debt conversions, the ceo holding about 360 mill shares.
at this time (Aug) the tabloid hit piece was planted in the ny post falsely claiming the company was on the verge of bankruptcy.
wonder who did that? lol.

most thought the company was dead as it was trading 0001 x 0002 for months.
meanwhile, though, they opened their new store in miami's south beach gansevoort hotel late december and relocated the business down there,
with plans to shut down the ny store and start up the wholesale business again.
the new store carries much more than just inca bathing suits, w/ other high end resort wear and accessories such as Chrome Hearts sunglasses .
they hired a new designer Kathleen Alix whose first line will be revealed soon.
a new website went up in january and online shopping is expected to go live within weeks.
also an auditor has been engaged to get all their filings up to date.
and we have also heard rumors of expanding stores in gansevoort turcs and caicos...

given the public figure and social importance of the ceo, and the bs and humiliation the co has gone through with the ny post piece and the stock collapse,
i think the company is moving very deliberately and carefully.
you will not see fluff bs prs .
look at all of the significant developments that have already happened since oct. without a pr...
it seems they will not put out press releases until they update their filings
which i would think is getting close considering the very significant events upcoming:
their new designer's line, miami swimsuit shows, online and catalog shopping, and major magazine coverage of the company's rebirth...