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I am so ready for the next leg up coming this week....watching very patiently and eagerly. Go ICTV!
you still holding your shares? you think the PPS will hold and go up this week ,hoping another update comes out so we know were we stand with ICTV
False. They bought the assets of this company and nothing more. The company sold all the assets to the private NoNoDerma, LLC.
Exactly and ICTV wouldn't have sold a Billion dollar generating business for 2.4 Million dollars, no way. Probably pre-agreed this ticker will be taken over by former subsidiary NoNo derma. In any normal asset purchase, the buying company doesn't have to worry about the other companies debt, not the case here as most of the debt is gone now.
$$$ICTV$$$
have you been able to talk to the company? ,thanks
they just registered their website for a year they wouldnt do this if there wasnt a ongoing business !!! Domain Name nonoderma.com
Domain Extension com
Top-Level Domain (TLD) .com
Registrar NameSilo, LLC
Registrar WHOIS Server whois.namesilo.com
Registrar URL http://www.namesilo.com
Domain Updated Date 2019-11-01T00:34:53+01:00
Domain Creation Date 2019-11-01T00:34:52+01:00
Domain Expiry Date 2020-11-01T00:34:52+01:00
Domain Status
CLIENTTRANSFERPROHIBITED
Nameservers
ns1.dnsowl.com
ns2.dnsowl.com
ns3.dnsowl.com
NoNoDerma LLC. (the buyer) is newly formed limited liability company, formed for the purpose of operating a business based initially on assets acquired in the Asset Sale.they have taken over ICTV and are a newly formed business now this is what we own shares in !!!!
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Nonoderma, LLC is a New Jersey Domestic Limited Liability Company filed on November 18, 2019. The company's filing status is listed as Active and its File Number is 600464511.
The Registered Agent on file for this company is M Burr Keim Company and is located at 900 Haddon Avenue Suite 114, Collingswood, NJ 08108.
Company Information
Company Name: NONODERMA, LLC
File Number: 600464511
Filing State: New Jersey (NJ)
Filing Status: Active
Filing Date: November 18, 2019
Company Age: 1 Month
Registered Agent:
M Burr Keim Company
900 Haddon Avenue
Suite 114
Collingswood, NJ 08108
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another update on the 18 of november,its a new company peeps they took over the empty shell of ICTV,Company Name: NONODERMA, LLC
File Number: 600464511
Filing State: New Jersey (NJ)
Filing Status: Active
Filing Date: November 18, 2019
Company Age: 1 Month
Registered Agent:
M Burr Keim Company
900 Haddon Avenue
Suite 114
Collingswood, NJ 08108
Home > U.S. > Delaware > Milford
NONODERMA, LLC
Delaware Limited-Liability Company · Updated 11/2/2019,as you can see updated just amonth ago filings will be brought uptodate very soon hold on to your shares dont let them go .$$$$ are coming
we will be updated shortly ,they are active do your correct dd ,just getting started here ,$$$$$$$
we are a new company now the old ICTV is gone along with its staff ,we are golden here now,nonoderma bought out the shell !!!,do your DD peeps, the company is brand new,
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Nonoderma, LLC is a Delaware Limited-Liability Company filed on October 30, 2019. The company's filing status is listed as Active and its File Number is 7679205.
The Registered Agent on file for this company is Registered Office Service Company and is located at 203 Ne Front St Ste 101, Milford, DE 19963.
Home > U.S. > Delaware > Milford
NONODERMA, LLC
Delaware Limited-Liability Company · Updated 11/2/2019
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Nonoderma, LLC is a Delaware Limited-Liability Company filed on October 30, 2019. The company's filing status is listed as Active and its File Number is 7679205.
The Registered Agent on file for this company is Registered Office Service Company and is located at 203 Ne Front St Ste 101, Milford, DE 19963.
Company Information
Company Name: NONODERMA, LLC
File Number: 7679205
Filing State: Delaware (DE)
Filing Status: Active
Filing Date: October 30, 2019
Company Age: 2 Months
Registered Agent:
Registered Office Service Company
203 Ne Front St Ste 101
Milford, DE 19963
and the company is active be on the lookout for more updates
Unfortunately after talking to a colleague, this is an empty shell, no value. People need to learn to read Filings...
Yep, looks like somebody wants shares... That would explain all of the new faces this morning.
$$$ICTV$$$
Gm
Looks like alot of movement here
News changes by the minute. What's your take now ?
It was a deal to enrich insiders. Went from public to private.
Moves fast
Sells at low are so small an order never went through
Nope, ICTV sold off NoNoPro...
ICTV JUST SOLD ITS BUSINESS OFF, not the other way around as is being touted to sell stock. There's nothing left, save a promissory note from the buyer and a 7.5% stake in the company that bought all their assets.
Here it is, from the proxy statement (14C). HIGHLY RECOMMEND EVERYBODY READ THE 14C CAREFULLY FOR THEMSELVES!!!!
apparently no one wants to give up their shares at .0104 hoping for some ask slapping this afternoon lets get this up to .02 chirstmas is coming
Yes sir!! We own nono!pro!
and this customerserviceus@ictvbrands.com on the webpage means we own nono!pro!!
Good consolidation today. Forming a new trading level.
looking better maybe just cooled off alittle now will procede upwards
They sold it to the LLC 3 days ago. It's gone. They sold all of their assets.
Read the 14C, it's all in there.
Super cheap considering where it is going. $$$$$$$ opp. to be rich
Nice dip/buying opp today.
$$$ICTV$$$
It is ready. The MM's that shorted big time yesterday have already covered.
The ask is thin.
Yep, strong support, it looks it wants to go up.
it does say this at the very bottom of the website page ,Copyright © 2019 ICTV Brands, Inc Powered By MOJO thats why I bought if they didnt own this product completely now this wouldnt be at the bottom of the page,https://nonopro.com/
lol afternoon now
The fact they sold all their assets makes me suspicious that they arranged themselves a nice little private business with the LLC, tossing the shareholders of this company a bone with the $600k note and a minor stake in the LLC. After being dark for a year, the shareholders don't know what was really sold, but if the cash flow was getting better in that period, then they just got fleeced.
900k support at .0084,lets go ICTV
Read the 14C... they sold all the assets. Why would that be good for the company's shareholders???
Whoopsie - Someone wants to lose their shares at .01...silly rabbit!!
M1999 I like your enthusiasm and hope we can make money but honestly don't see it yet. You don't know when that PR is going to hit. It could tomorrow or it could hit in a few months
coming here a PR and huge ICTV
Ill wait until we get a PR that will send us skyrocketing!!!
I'm not the CPA. Not even close.
Examine that 10Q a bit further. Look at the receivables. Look at the inventories, both counted as assets. Look at the revenue. The revenue is about the same as the receivables. Look at the expenses and the net operating loss. Look at the notes payable.
And this was for the quarter ended Sept. 30, 2018. Six fiscal quarters have elapsed since the last filing. The company is delinquent. I don't know if the SEC has been in contact with them about this tiny oversight and has granted some leeway.
I wish I can buy more but can not.
Back over .02 folks...lets go!!
Impatient taking losses!!
people that are apparently smarter than us. I don't have any extra money to throw at this to average down unfortunately until next Friday. Hell by then it might be back down to 005
well there went my chirstmas unbelievable ,should of kept my SBES shares its up 38% to .014
OMG this is sickening. I still have faith but damn this company can give you a heart attack if you looking at it right now. Do you have a L2 screenshot? I am on my phone and can't access it.
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ICTV just sold substantially all of its assets to a newly created company, NoNoDerma, LLC, and no longer owns any of the personal care items it used to sell. NONE. Read the 14C yourself, and read it carefully. For those assets, they received a promissory note, some debt relief, and a 7.5% stake in the new company they just sold everything to, and that's it. There's no business left to buy stock in.
Excerpt from the 14C:
SUMMARY TERM SHEET
This summary highlights important information in this Information Statement but does not contain all the information that is important to you. You should carefully read this entire Information Statement and the other documents referred to for a complete understanding of the Asset Sale. In addition, we incorporate by reference important business and financial information about the Company in this Information Statement. You may obtain the information incorporated by reference in this Information Statement without charge by following the instructions in the section entitled “Where You Can Find Additional Information.”
The Asset Sale | On December 10, 2019, ICTV Brands Inc. (the “Company”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with NoNoDerma, LLC (the “Buyer”) pursuant to which the Company agreed to sell and transfer to Buyer all or substantially all of the Company’s assets (the “Asset Sale”). | |
The Parties | ICTV Brands Inc. | |
The Company is a direct marketing company (the “Business”) which sells an array of consumer products, domestically and internationally, largely in the beauty and skin care business segment with its primary products consisting of DermaWand and no! no! Hair Removal (the “Products”). | ||
NoNoDerma, LLC | ||
Buyer is newly formed limited liability company, formed for the purpose of operating a business based initially on assets acquired in the Asset Sale. | ||
Purchase Price | The aggregate purchase price for the Asset Sale is equal to the sum of:
(i) A Promissory Note from Buyer in the amount of $600,000, bearing interest at 7%, fully amortizing over 36 monthly payments, secured by a blanket security interest in the assets of Buyer, subordinate to Buyer’s existing senior secured lender, and guaranteed by LeoGroup Private Investment Access, LLC, which is the current owner of the majority of the equity interests of Buyer.
(ii) 7.5% of the initial ownership interests of Buyer, pari passu with Buyer.
(iii) Cancellation of existing senior secured debt from the Company to LeoGroup Private Investment Access, LLC in the remaining amount of $400,000.
(iv) Cancellation of existing royalty obligation of the Company to LeoGroup Private Investment Access, LLC in the remaining amount of $1,400,000.
The Purchase Agreement provides that the Buyer will not assume nor have any responsibility for, any liability of the Company.
In conjunction with the Asset Sale, the Company conveyed substantially all of its assets to the Buyer. The Company will retain the ownership interest it is being issued in the Buyer. | |
Closing | The closing of the Asset Sale occurred on the same day as the execution of the Purchase Agreement. | |
Disposition of Note | The assets sold by the Company were encumbered by a lien in favor of LeoGroup Private Investment Access, LLC, and were also encumbered by a lien in favor of Kelvin and Robin Claney and Stephen Jarvis, two directors of the Company, securing the repayment of loans made to the Company under Secured Promissory Notes. The Secured Promissory Notes had outstanding balances in excess of $600,000. The Purchase Agreement required that the assets be transferred free and clear of any liens. Kelvin and Robin Claney and Stephen Jarvis agreed to release their liens in return for an assignment of the $600,000 Promissory Note received from the Buyer. |
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