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per official INCC Sept 24th Press release
****************
Colorado commerce law says all MJ business applications, once submitted, will be decided upon ( approve/deny status) WITHIN 90 days of application.
can ya-feel-the-"how-long-can-INCC-survive"..vibe???…..why-does-INCC-prolong the unveiling of verifiable DD….or the inevitable "informational mistake" that cooks their goose
the RISK is getting creepier……….
too many think INCC is in the grow and sales of MJ……they aren't, all they do is "consult" and lease IRRIGATION systems
INCC was @.004 this-week……this-EOW-is-dawg-do-do
take what one can get from a PENNY promo play though…..right?????? thought so
ALL ABOUT NEXT WEEK….and the next……. and the GREAT week AFTER we get the great PR about ANOTHER story
getting real old. but fun to watch……….
when INCC-gets-above-a-penny,,,then 30%-here-will-be-above-water
so-MUCH-concern-for-unknown-INCC "sellers" happiness……GET-SOME-real-INCC-DD
that supports the claims for :
$3M in "secret financing"
3 LOI's signed as recently as Dec 15th
3 grow houses looking to add Gro Pro $12M annual leases
A vapor supply company looking to be acquired
ANY Canadian deals so touted
AND THE BIGGY…………does Mehos even have a State license to sell MJ????????
that will eliminate the concerns here
600M-shares-for-an-"irrigation-system"…that-HASNT -even-been-seen-by-US-Patent-office
not a patent at all. not a utility patent, not even "pending"………..NOT EVEN READY TO MAIL in
for PVC and clear tubing that EVERY grow house already has seen?used in the marketplace????
ACTUALLY who believes it will even be properly applied for………they di dthe stock deal in Aug 2014….would it be FAIR to say that the paperwork should be ready by SALE date??????….NOT WITH INCC,,,, they do things the right way………..PR the deal first….then drag it out hoping for promo runs to sell into…..yep, all those shares marketed between May 2014 and Aug 2014
talk about shaking my head……..
MJ's-been-selling-for-a-year-inCO…..REAL-news-would-be-REVENUES…not-meetings.. ..
MMJ, been selling for much longer than that……..
INCC is riding the wave of OTHER real business
……..3D Cannabis, started a grow house in same market as Prosperous Valley's "proposed" plot….and they have flourished, secured the areas business and established the MJ business in Chaffee County………ALL IN THE SAME TIME FRAME OF INCC'S promised PR's…….while INCC has done nothing
INCC will TWEEETY before-the-15th….."we-got-3-meetings-with-4-MORE-growhouses….bringing our total inventory of IMAGINARY grow house revenues to about $48M a year in Gro Pro leases….
what more could us INCC'ers ask for????? more unverified, LOI backed, "secret" revenues………..
INCC needs to PUBLICLY explain-the-broken-promises….private communication to an individual shareholder would be unethical, please don't recommend for INCC to do it that way…..
DTC CHILL
Gro Pro availibility
the Tier 3 deals
LOI's in early December
Ticker change
$3M in financing
100M in-confirmed-INCC-dilution since Oct 2014…..more-will-come-to-pay-these-debts
this isn't a credit ready BIG BOARD stock…………..this is a DTC CHILLed unaudited PENNY
oh yeah, I forgot,,,its mostly RESTRICTED share dilution……hhhmmmm…….who cares, it still reduces the % ownership per share………….flimsy rationalization
warning……it costs money to NOT be pragmatic …….. 24/7
SOP
30M was SELL volume today….tomorrow,Monday-plunge-ALERT
this hit my "next weeks" prediction 3 DAYS EARLY…….
INCC pays its debts through dilution/debtor share conversions…it has no money in the bank….most recent OFFICIAL filing by INCC shows $450K debt DUE Jan 2015…NOW
the Mehos-deal-is-the-SALE-of-an-asset….his GroPro-for-shares..is-the-IRS-interested in asset sales…..…partnership income…….
..you betcha
are the shares changing in value if still in "restricted" status????
you betcha….
is Mehois happy with the 60% haircut his shares have suffered????
NO he ISNT…..you betcha……..
does that make Mehos think he can take his "ball" and his shares and LEAVE INCC…..with a "maybe" irrigation contraption……..TO GO PLAY with an accomplished grow company????…..
..you betcha
is the CEO's personal and previous corporate tax bill getting charged HUGE interest every month that passes??????……
…..you betcha
too many bets here, not enough sure things
LET-us-know-when-thatPROMISED(Sept30,2014)-GroPro-system-debuts….Xmas-2015????
GAVE-it-ALL-back…..yep…MR INCC-shorty….lol
4 TWEETS in 2 days…..maybe the info is WAY TOO skeptical to HOLD INCC
works every time,,,,,,,,,, is 3 months of a trend hard to follow???????
45M in Volume….down 38%…….thats an-ABSOLUTE market-decision-that-INCC is nothing but a PROMO play……….
to pay the loans off…….what HAS TO HAPPEN????????
MAJOR DILUTION……….PPS crash to .0012-.00088
oh yeah….forgot,,,all those-INCC-FLIPPERS…chasing-the-PPS…..what-a-load-of HYPE
NOPE,,,,,,,, smart PENNY traders follow a different mentality……..the only chasing going on here is the BAMboozled long investors CHASING to average down……….paper losses are huge
AMATEUR braggadocios' TWEETY like that….INCC-has-issues.. ..
"meetings w a few funds" ….. does INCC text with its nose???
HOW 'BOUT a REAL TWEETY >> "CEO and DN finishing deal with "XYZ" Fund, results/PR Friday"
REAL meat REAL deal…..REAL follow through……..CONFIDENCE…. and, IMPORTANTLY,...after the work has been done…...
NEVER happen………..never any names, NEVER any accomplishments, just MAYBE's…
…doesn't this get OLD????????
L2…….0025 DOWN 30% on 16M in Volume……..no support whatsoever
if the-INCC O/S goes up…..DILUTION-is-occurring….a-funny-FACT
each INCC shareholder % ownership goes DOWN when ANY dilution occurs, restricted or free trading
DILUTION takes a toll,,,,,
FLIP traders made the money here……
…being LONG INCC??…with the DD thats out there??…. is PENNY foolish
the good advice says wait to be LONG when the DD says something is actually being built, grown, leased……….AND THATS NOT THE CASE
plenty of money to be made AFTER this becomes legit
INCC hit .0022 so far today………..thats not "BASE BUILDING"…..thats the support level BEING sold off
only things missing-are-PRODUCT & CLIENTS…INCC has NEITHER…but-the-next PR will certainly tell the shareholders that INCC is
TALKING
TALKING
TALKING
………. UP A STORM……
….just makes one want to throw money at these INCC TALKERS
name a client ( be careful, I'm not referring to Mehos' Dad, who owns the land in Salida, thats NOT an "arms length" client, and he has NO grow license )
show us a product
????????????????????
since-INCC DOESN'T PLAN-to-sell-MJ…..STICKY-w/POT-sales-"projections"-are-worthless
all INCC is, is an irrigation system sales, and MJ consulting/management team of 3 employees
they NEVER have said they will be in the Mj or MMJ retail sales biz
3 TWEETY's in 24hrs….time-to-call-Transfer-Agent-for-A/S-update
L2..INCC@.0033….DOWN…11%….Vol…11.3M…..best-to-join-profit-takers.. ..
this is back to .0016 by next Tuesday…………..IF no news
I'll give the hopeful INCC ASK buyers a couple of days of seesawing, then another 2,3 day plunge and VOILA, we are at Jan 12th and back to the doldrums……
definitely FLIPPING is what the market is doing, thats what us GOOD DD players say
BTW……industrial "shell" box construction for INCC is about $30-45 per sq ft……costs are touch higher in rural areas……..putting up a 4 wall barn costs $15 per sq ft……..good enough for the livestock…….but a "killer frost" on ANY MJ assets
funny, I-didnt-read-WHERE-or-even-IF-those grow-houses-exist
just that INCC mentioned them in a communication…….sorta like the "GroPro will be available to customers around sept 30, 2014"
but of course they aren't BUILT yet……thats right I forgot
knowing the commercial real-estate market the way I do, and the cost of construction ( or retrofit like the Mehos have claimed ) …… I estimate $200-300K per building, and that is just a shell,,,,,,got to buy the plants and PAY operating expenses until PLANTS mature
how much does "current" INCC show they have in the bank ????? well for starters they have at least $300K loan to pay off..per last quarterly…...
INCC won't bamboozle me……………..
might be smart-to-first-get…ONE…client-in-Colorado,, ,,
before expanding the "NO CLIENT" base of INCC
Prosperous Valley has NO STATE LICENSE, therefore they don't qualify as INCC's first client,,, and, presently, ONLY mentioned prospect
doesn't the INCC TWEETY seem way OVERextended…...
someone made money on MCIC???…love to-see-that proof
I can show a couple nifty trading gains and an EVEN LARGER 3 yr schedule of tax losses
INCC-had-a-good-day-yesterday….SHOW ME-THE-"SELL"-tickets-WITH-GAINS
thats what trading INCC is about………MAKING MONEY……..
75% still underwater with INCC
DD is independent of INCC's PR-game…..when-ANYONE-comes-up-with-good-DD
I follow the research myself and verify……
been to Mehos prop…
talked to 3D…
visited Chaffee County and Salida Municipal offices
called/emailed CEO w/concerns……..heard NOTHING but promises and have SEEN zippo
all the PROMO being whipped around about INCC has NOTHING to back it up with………except a "current" status through an TOTALLY unregulated market that is OTC
if one is impressed with a absurdly high A/S being reduced to a moderately bloated A/S, then thats another selling point for INCC……..ha ha, and dilution is about to skyrocket because INCC is BROKE
to obtain SEC current INCC needs to file 4 yrs of financial statements…..uplisting will never happen, but INCC will keep talking about it
SHOW SOME LOCAL DD
----building permits on Mehos prop in Salida….plenty of people are building in Alamosa, Canon City,where are they???????
---State license app for the Mehos grow plot…….90 days is TURNAROUND for a State approval/denial…….its been 150 days since the County awarded a license ( needs State approval to be valid ) to Mehos………..where it this VITAL license?????
---Gro Pro has done NOTHING but talk about a patent………..120 days ago they were touting 4,5 customers,,,,,,,,,,WHERE IS THE PRODUCT AND THE CUSTOMERS?????
INCC has-no-grow-plots….NO-product-to-lease…..how-can-they-be-a-PLAYER???
INCC cant apply to the State for a license, and their main MJ grow liaison has 5 months before it will even apply for its State license…..per INCC PR's
INCC's not even in the MJ cultivation business…….they PR'd that they want to sell irrigation systems……….THATS IT
INCC, to date, is a PROMOTIONAL PENNY player, and every shareholder that comes to IHUB knows that, because the DD has borne out the lack of follow through
I would say INCC has about a month or two left in its "goodwill" tank before the curtain falls on the failed promises
fulfill the PR promises and INCC could be worthy……..but this is PENNYland, 80% have no intention of real biz
INCC will be "traded" until it gets REAL-products,,,,thats-the-history-and-DD trail here……
nothing at INCC says this is on solid ground, especially when a company PR's they have $3M in funding but has no production line built or even a prototype for its MAIN business product
look around, 50%+ of shareholders here are still underwater……..
this location has-the valuable-history and ID,,,if the ticker can be changed THIS should be the VCIG home……..same intentions….
good historians mustn't leave a foundational chunk of VCIG behind……...
Vita's board-is-all-about-the-history and its shareholders, adjusting the ticker is the way to go and that board should be the sole listing for VCIG's future
too much good stuff on VCIG, thats a lot of work well worth keeping…….the intention here is to record VCIG ideas….. same, no need to have two……..VCIG is the one
INCC flippers made dough….MANY underwater from Aug-Oct buying……
the name of the PENNY game is to be ABLE to SELL with a gain…many did just that after the dismal last 2 months
VOLUME was impressive, could hold on at this .0032-.004 range for another day
Awesome day to have FLIPPED INCC….wont get too many opportunities like this...
does-INCC-have-'reversal"-chances,,,or-just-a-PROMO-play??????…. ..
odds are it has PROMO painted all over it, because the signs of reversal would be very evident by now
no evident financing……….INCC has built its biz model around the MJ "services" sector, INCC does not grow pot or run MJ cultivation…..merely "consults"
…an announced MJ irrigation system( Gro Pro ) has NOT even been prototyped……if the $3M in funding is available…whats the hold up??
no tangible connection to ANY grow plots…….INCC engaged the Mehos family through the strangely absent Gro Pro irrigation system mentioned earlier……..Mehos has family land in Salida, indirectly held……and Mehos has never commented on Prosperous Valley ( Mehos ) State MJ license application……
INCC owns no land, and does not qualify to be licensed under CO laws (residency rqrmnts..Mehos might )
INCC stock price predictions have been WRONG for-12-weeks
and the NEWS is getting harder to believe……..partly because so many PROMISES have MISSED the company's self imposed timelines…
and partly because this is the same CEO who ran INCC into the ground in 2010, and took the company "dark" to avoid regulatory standards
BTW, 18 weeks ago is when the REAL DD was brought to the board, and the HYPE finally had some competition, it took 6 weeks for the REAL news to settle in…...
MCIC-references-NO-SOURCE-for-its-uanadited-and-"phantom"-revenues….SORRY
pathetic the way MCIC shanks its shareholders with random deals, all unrelated to any core business model……..except.."we got a deal" Monty Hall is alive
I'm just not in the mood to trust unknown HUB rumors, though some BC Dawson Creek investors might be…….
MCIC has no oil brokerage/arbitrage deals on the books……..they'd PR it if they did……especially since they PR'd the story that they had a possible deal 2 yrs ago
understood…a-PENNY-SCAM MCIC run-is-better-than-no-run-at-all
besides the ethics of such a run…….., the % chance this will SHUT down are much better than it hitting a scam promo PR run………..
Crosby Stills and Nash said it best…"Teach your children well….
MCIC CEO working on a DEAL??? first there needs to be a REAL project to work on, imaginary deals aren't REAL deals
did INCC CEO explain the-expiration-on-600M-shares-forGroPro???
dont recall that period, the deal was done in July2014,,,,approx 6 months ago……….
these dates slip my mind, sort of like the PROMISED dates for CHILL update(Nov 2014), the GroPro product release (Sept 2014) and patent filing(Dec 2014)……THEY KEEP getting delayed or forgotten by the CEO
the TRANSFER AGENT has the INCC-dilution#'s……VERIFY-through-them
several INCC shareholders have verified this number……matter of fact, ITS A STICKY
maybe the CEO could VERIFY ……….good luck trusting that source
the REAL#-of-diluted-shares-is-115MILLION……some-common,some restricted, and those that are restricted have NO RELEASE DATE attached to them, so they could become "common float" shares very quickly…
does the shareholders % of ownership go DOWN???………ABSOLUTELY……..any other relevant questions?????
DID THE transparent CEO offer any dates to ease shareholder concerns??????
thats where the FEAR resides, in the CEO's actions, not the FACTUAL DD reporting