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Did they ever settle up with Southridge? Seems they just got hit for $13 milllon in SEC fines.
A Connecticut hedge fund manager and two of his investment advisory firms have been ordered to pay nearly $13 million after they were found liable for allegedly misappropriating investor funds, the U.S. Securities and Exchange Commission said in a statement Friday.
U.S. District Judge Robert N. Chatigny entered partial final judgment against Stephen M. Hicks and his firms Southridge Capital Management LLC and Southridge Advisors LLC earlier this month, ordering them to hand over allegedly ill-gotten profits of more than $5.8 million along with more than $2 million in prejudgment interest
Team Stosh checking in. You are welcome. Got a number of PMs thanking me for being right about this one. Dilution pollution is not the solution. Enjoy summer. Good luck to the shorts.
Where is the silver? Where are the pumpers? This was supposed to be .25 by now? Hey share my olive while Rich and the toxic dilution laughs at you. Where are the updates? Where is the news? Audits? Zilch. I do admire how it has stayed above sub penny. Thank you for all the kind PMs. Team Stosh knows toxic. Recommendation: Sell.
Sell this ice juice. It is a printing press and we all know it. Team Stosh only has time to visit from time to time but I know a sell when I see it. No audits in how long? No way to survive except to dilute.
Team Stosh is checking in. Wow...this is going exactly as I predicted it. Longs getting killed by Southridge dilution. We reiterate our Sell recommendation and see you at .005. Wipe out.
What a nightmare for those not on Team Stosh. We knew this was a dilution disaster waiting to happen and there is no end in sight. I hope the longs have some of this Christie juice to get drunk on as they watch their money go away. Again huge thanks to all those who privately messaged me here. It is touching to see how much silent support Team Stosh had. We reiterate our SELL recommendation.
This one is a winner. Team Stosh was right all along. Dilute dilute and more dilute. We are putting a major sell recommendation on this one.
Wow...someone is taking the Polish hammer to this stock. Where is the news? Where is Planet Hollywood? Where is the transparency? TeamStosh warned about this one months ago. Our predictions are coming true. Good luck to all.
TeamStosh visiting one of my favorite boards. No news is not good news in this case and it is proven by the dramatic drop in the stock price. We reiterate our near term target of .004.
Everyone is welcome on TeamStosh. We are looking like a down week. All five days red and then some. Back to the trips. Copper will be a memory soon. Why? Company refuses to release meaningful news. The era of Stosh has begun.
Cracks in the CODechhio and Southridge wall are appearing. We are headed lower and I predict much lower because of the lack of visibility. The hype train is off the tracks. The farmer wants to be paid for the horse he rented for CB to ride into town. Marketing costs millions and this company doesn't have it. Free PR can only do so much.
TeamStosh reiterates its price target of .004. The race for the doors will not stop until the company puts some clarity on the table.
Looking for .02 close today.
Hello from TeamStosh. We know where this one is going.
TeamStosh has been right all along. We reiterate our price target of .004. Is CODecchico and Christie thinking about coming out with red wine next? Well maybe they should. We are tied up with other matters but just wanted to say we expect meaningful dilution to come to light in the near term and an adjustment downward in the price. Transparency is the biggest issue causing the sidelines to empty, the longs to disappear and TeamStosh to be heard loud and clear. The skinny lady is on the bottle but the fat lady is singing. PS: Thank you for the all the PMs agreeing with me. I will do be best to respond but TeamStosh has been working on some major projects this week.
Team Stosh is busy with other matters today but it reiterates its price target of .004 and would not be surprised to see .01 by Friday. Shareholders are clearly fed up with the absence of news and transparency. The hype train is running out of steam. #teamstosh The sidelines are empty and no one new is going CODecchio and this Golden Girl.
How easy would it have been to have one in the SI pictures? Very easy if they paid. How about on the Today Show? Just mention it. Celebrities can and do get away with saying whatever they want. She didn't want cause there was no money around. We will hear nothing on the today show either. Silence!
They need major money to hype this or else it will be like Tony Siracusa juice. Hey share my olive.
Except I saw Tom Brady wearing under armour shoes on the cover so he did represent. And I saw him wearing under amour while playing in the super bowl for 4 hours. I haven't see Christie do anything on national television for her juices.
With all the hype around the SI appearance and no one mentions the juice. Zero. Silence. Know what? CODecchio has no money for PR. See the company should have its own publicist working the media along with the pr person for SI and Christie's personal PR person. However, a good PR person charges 10k. That's what a smart, well funded, CEO would do. There is tons of interest in the old broad but it has to be pushed fast before it dries up. Zilch. Nothing. Oh the bottle in the store looks pathetic because there is no point of purchase around it. Team Stosh reiterates its price target of .004.
The horse Christie rode in on was drinking it.
Just wanted to visit with my friends here at ICNB land. Oh our price target is still .004. Things getting worse. Where's Planet Hollywood? Where's all the news? Christie has been all over with this Sports Illustrated and not a peep about this juice. Hype train coming off the tracks. Selling will pick up and it the declines will go faster. What could stop it is transparency. But I doubt it is coming. What the heck does this company actually do and who owns what.
Let's play out the bullish scenario. The wine becomes a huge success somehow. Booze doesn't become successful with a giant marketing budget. A celebrity alone is not enough. CODecchio needs to put some marketing money behind her old a$$. Where is it going to come from? Dilution. These distributors demand and get huge marketing allowances, discounts, signage, point of purchase materials etc. Where is it going to come from? Other cheap wine makers have deep pockets and they spend it. This is a stock selling enterprise. Consequently our group Stosh's Sixth Avenue Boys (a PM suggestion) reiterates its price target of .003-.005 near term.
Swimsuit modeling is not modeling. How many times has Christie been on the cover of Vogue? Zero. She ain't a model.
We reiterate our price target of .004. This is just a hype train. Now it's European distribution driving. No one knows or cares who Christie Brinkley is in Europe. Christie was never a serious model either. She isn't Naomi Campbell or Kate Moss or Linda Evalgelista. She was not a runway or couture model. Big difference between Europe and America. And Europeans don't buy the licensed labeling slapping trinkets and trash that Americans do. Euros also have been raised on wine and wouldn't buy the Christie juice. I agree CODecchio and Southridge are doing a great job leaking out their shares and the blind mice keep buying but that will end. It always does.
Why didn't Christie bring a few bottles on the SI shoot and have photos taken of her in paradise reclining with her juice? SI wouldn't allow it most likely. Same reason why the Today Show won't allow it tomorrow. Remember SI paid to get Christie on the Today Show not CODecchio and Company. So we will hear nothing about it. Absolutely nothing. It's a good get for the 60 year old and ICNB should have a reception across the street at the Hilton right after the today show. Heck, my office is close by and I'd stop in. But it will never happen. Just like .05 will never happen. Company has no money and no ability to leverage this kind of press even if it had the money. The company floats on free social media and the coattails of an aging model. None of the kids even know what a supermodel is these days. Look this hype train to Long Island is almost off the rails anyway. Next up will be something with Betty White or Eric Estrada for the Latin market.
Not a surprise to anyone in our group. We have been saying that this company is all hype and no substance. We expect news tomorrow in an attempt to shore up the decline which will not be effective. The volume has disappeared and that is the first step towards a serious drop in price. Thank you for all of the private messages of support and encouragement. The characters in this deal have never had a successful product and might have had something with Christie juice but went about it the wrong way. Likely due to being flat broke, the company ran the hype train infront of shareholder transparency. Whatever. We reiterate our price target of .003-.005. There will be no olives to share.
Like how this one is looking. Anyone know where the lawsuits were filed and what the status is. This one will fly soon. Pun intended.
We expect news this week to attempt to prop up the rapidly declining stock price. There is no reason why this stock should do anything but continue its death spiral. The company continues its blackout of shareholder transparency. This is becoming BiVi vodka all over again. Hey share my olive. No thanks, I'd rather learn about your margins. What exactly does this company do? I have no idea.
Agreed. This one is going much lower. Red all week with panic on Thursday and Friday. How much does the company make per bottle? We still don't know. It is possible they lose money on each sale.
Christie in new Sports Illustrated with two island boys pouring the juice over the naked body. Even this pic will not help the pathetic stock. Rich is in another shot rowing a boat while Christie fishes topless and the wine is seen being thrown overboard by the same island boys. Reiterate our .004 target.
What do you have exactly? BiVi vodka was supposed to set the world on fire with 80 year old Chazz walking around Arthur Avenue talking about the old days and sharing olives with a dead guy that no one under 60 remembers. Now we have an aging model pushing this wine. We have no financials to base any intelligent investment decision on. We know of no margins and in fact we have no idea what ICNB does exactly. We do know for a fact that the company has very very close ties to a notorious toxic funder and we know the company is flat broke. So CODecchio had to get money from somewhere for the horse rental, the cab to get Christie to the stock market, the boxes of juice to import from a third party, and the day to day expenses of running the shell. Do we know exactly how the cell phone bill gets paid to talk to the distributor? We do not. Where is the office if there is one? Too many unanswered questions for a serious investor and too much social media hype. Price target .004.
Just wanted to say Hi to all the ICNBers today. My crystal ball is looking good. Hey share my olive. We reiterate our price target of .004. Should close under .02 today as the spiral picks up more steam this week with a total wipeout by Friday as the panic sets in everywhere.
What is the math? How much does it cost CODechicco to buy a case of Christie Juice and then resell it? How much does he pay in commission? How much does he pay to warehouse the stuff before it is shipped out? How much does he give away in advertising, slotting fees, promotional discounts? How much do the PR events cost? Who paid for the horse? Who paid to fly Christie to Dallas to ride the horse? Who pays for the instore cut outs? There are none most likely. So yes, the numbers would be great but ICNB refuses to report to the SEC probably because the cost of accounting is too high now.
And so it begins:
• Christie Brinkley posed for the cover of something called Chilled magazine (above), presumably because they wrote a glowing featuring on her signature line of Bellissima prosecco. That said, we can only assume Chilled magazine is a fake publication somebody created solely for the purpose of meeting Christie Brinkley, because what the heck is Chilled magazine? And what other possible explanation can there be?
http://magazine.foxnews.com/celebrity/christie-brinkley-chilled-magazine-little-white-dress-instagram-prosecco-more-news
Actual distribution? How about releasing the wholesaler's reports then rather than just posting store lists on a map. We can see for ourselves which retailers have the Juice of Christie and how many bottles.. Just post them on her Instagram! We will see the margins too. It isn't confidential because the company boasts in every press release who is distributing it. But if the company won't release financials they won't release anything.
"Naw, we never heard of that? Christie Brinkley the model?"
"We don't carry it sorry."
"Did you try the liquor store? Don't have any."
"Sorry. We don't carry it and not sure if we're getting any in."
"No. We don't have it."
Silence. "Let me check. Sorry, mister. Not in stock."
What team? Total clowns who have fleecing on their minds.
Oh I will have an impressive list of stores that never heard of the juices of Christie. Shocking list.
We have our price target of .003-005 in the near term. We have checked the various distribution maps against some random spot checking. An earlier poster in Texas mentioned he saw it listed on the site and went to two different stores and the store personnel had no idea and the Christie juice was not available.
I think what is happening is the site is show potential store locations based on distribution and not actual store availability. We have reached the same conclusion and will publish our findings soon of our polling. This is designed to create an appearance of massive distribution when in fact there is very very little. This is consistent with the hype job being run on the retail fools by Richie and the toxic debt holders who want to fleece you. There is no way that CODecchico could pay for all of the distribution anyway since the company has no credit and no bank financing and no capital. It can agree to pump out shares and not tell you since the company refuses to report to the SEC. We remain confident in our findings and look for a series of press releases designed to hype the stock to allow for liquidity by the band of insiders who have expertise in share selling. Thank you very much for all the private messages that agree with me and there are many.
Dollar land is coming for sure! When Richie and Hicks reverse you out you will have $1 left.