Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree $ISBG! SF@R is trading with 2.2+B float. With upcoming 600M float ~ Sky is the limit here IMHO!
$ISBG
$ISBG ~ AWESOME NEWS!!!
International Spirit & Beverage Group, Board of Directors Retire 100,000,000 shares of Previously Issued stock from Outstanding total
NEW YORK, Aug. 2, 2016 /PRNewswire/ - International Spirit & Beverage Group, Inc. (OTC:ISBG) has announced that the company's Board of Directors have retired 100 million restricted shares from the company's outstanding total that had been previously issued to management. This retirement of 100 million shares is part of management's mission to reduce the number of shares in the company and to increase shareholder value.
http://www.prnewswire.com/news-releases/international-spirit--beverage-group-board-of-directors-retire-100000000-shares-of-previously-issued-stock-from-outstanding-total-588952781.html
More news about buyback and insider buying on our way!
$ISBG
It is obviously more than 300M; I said the 300M (as planned earlier). As per today's PR it raised up to 50%. How did you figured out it is not!!!
$ISBG
Well there is catch here!
Today's share reduction is not part of 300M as planned IMHO!
08/02: Board of Directors have retired 100 million restricted shares from the company's outstanding total that had been previously issued to management.
http://www.prnewswire.com/news-releases/international-spirit--beverage-group-board-of-directors-retire-100000000-shares-of-previously-issued-stock-from-outstanding-total-588952781.html
07/26: Board of Directors have begun buying stock in the open market to reduce the company's common stock float. The company expects to announce the amount of shares bought in open market next week.
So we could expect a separate PR about buyback from open market!!!
$ISBG
$ISBG ~ Going to take out up to 600M from float leaving the rest 600M as actual float!!! AWESOME NEWS TODAY!!!
http://www.prnewswire.com/news-releases/international-spirit--beverage-group-board-of-directors-retire-100000000-shares-of-previously-issued-stock-from-outstanding-total-588952781.html
$ISBG ~ I noticed this HUUUUGE update!!! I bet they should have already crossed 25%!
INCREASE FROM 25% to 50%
The goal of the company still remains to reduce the amount of the shares in the actual float by 25 to 50 percent through stock buyback programs and insider buying.
http://www.prnewswire.com/news-releases/international-spirit--beverage-group-board-of-directors-retire-100000000-shares-of-previously-issued-stock-from-outstanding-total-588952781.html
I do agree, may be even quicker than last time, because of low share count[buyback and retired] + insider buying + massive shares locked by longs!!!
$ISBG
Well well well, am I in $ISBG board! I could see lot of excitement today, BTW I added more today! We may not get these ground prices later IMHO!
$ISBG
$ISBG ~ Low volume today! Company buyback have already completed! Let us see some news/filings...
Insider buying must be filed within two business days following the transaction date. We are getting very close IMHO!!!
$ISBG
4's are slowly melting down! Buyers are coming! Couple of nice hits @ 4's will turn this around IMHO!
$ISBG - Big is growing gradually! Fasten your seat belts! Hold tight and know what you OWN!
A quick recap...
* The company Board has also agreed to a restrictive covenant agreement that no stock will be converted through new note holder debt conversions to dilute the stock for the next six months. ~ No more dilution, rather SEC filing due about share reduction!
* ISBG has announced that the company's Board of Directors have approved a stock buyback program to reduce the company's common stock float. The company is in the process of establishing a brokerage account to execute the plan to buy-back shares of its common stock from the public market, and reduce the float by approximately 25%. ~ Happening now/ almost completed IMHO!
* The Board of directors have agreed that a percentage of revenues derived from several projects that the company is working on will be used for buyback program. ~ ISBG got CASH which is using for buyback!
* The company no longer needs to raise monies through toxic debt instruments that dilute the stock as revenues are increasing. ~ Yes ISBG got $$$$ <<Deliver Approximately $400,000 of Its Flagship Tequila Brand Besado per Quarter>>
* The goal of the company is to reduce the amount of the shares in the actual float dramatically through stock buy back program. ~ could be more than 25% IMHO!
* The decision to approve a stock buyback program by the company was made because the Board of Directors feels that the shares are undervalued and that the company is being shorted by market makers. ~ PPS correction is due IMHO!
* The company will announce to the public when shares have been purchased and retired and expects to start the program as soon as brokerage account is opened and funded by the company. ~ SEC filing due about buyback/insider buying, could see anytime!
Yes and afternoon should be interesting IMHO! "Load the boat" !!!
Wow! Nice $ISBG. This time $ISBG going to make some noise IMHO!
$ISBG - I agree! Lot of things going on!
https://www.facebook.com/americandreamparis/photos/a.225811024216783.56471.155050984626121/799289253535621/?type=3&theater
$ISBG
GM $ISBG Crew!
$ISBG monster alert @0.0004! Expecting huge news/ SEC filings about buyback/insider buying this coming week as per latest PR.
http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
$ISBG
$ISBG on Radar! Currently trading @0.0004! Expecting news and SEC filings about buyback/insider buying this coming week as per latest PR.
http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
$ISBG
$ISBG # Alert trading @0.0004!!!! Expecting news and SEC filings about buyback/insider buying this coming week as per latest PR.
http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
$ISBG
$ISBG ~ new alert @0.0004!! Expecting news and SEC filings about buyback/insider buying, this coming week as per latest PR.
http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
$ISBG ~ alert @0.0004!!! Expecting news and SEC filings about buyback/insider buying this coming week as per latest PR.
http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
$ISBG
$ISBG Alert @0.0004! Expecting news and SEC filings about buyback/insider buying this coming week as per latest PR.
http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
$ISBG
$ISBG got CASH! Our new contracts for our flagship brand Besado continue pay dividends to us in the form of increased sales
GM Sporty! $SNMN/$USMJ looking hot! btw $ISBG expecting sequence of news coming week! SEC filing regarding buyback/Insider buying and more news about further shipments!
http://www.otcmarkets.com/stock/ISBG/news
Happy Trading!
Looking good here $USMJ!
And... here you go! Melbourne we drinking tonight! Only the best!
Melbourne we drinking tonight! Only the best! @CavodaVodka #lightupyourlife https://t.co/TGnDuY1jnY pic.twitter.com/bJz8dXnKR4
— Bow Wow (@smoss) July 30, 2016
$ISBG ~ In addition to singing and acting, Bow Wow has been busy promoting a vodka (Cavoda) and tequila line (Besado). They definitely promote their products in Aus/Newz IMHO!
http://2paragraphs.com/2016/06/bow-wow-gives-shaniece-hairston-modeling-job/
$ISBG
Thanks Bro:) BTW Next week should be interesting!
If you are talking about recent 1B increase, then it won't hit the market now as per their PR. I still believe float is 1.2B and it will get reduced to 900M!
"The purpose of the increased authorization is part of the restrictive covenant agreement that will be used for the purpose of acquisitions, restricted dividends owed or for management services"
Ref: http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
Their math is also matching with the float of 1.2B
PR on 06/02: Reduction of float by 25%
PR on 06/07: agreed to buy up to 300 million shares
So 25% of 1.2B = 300M
Again here is the latest SS on 06/28 from T/A
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123741257
$ISBG
Where are you seeing 1.8B float here? It is 1.2 only.
http://www.otcmarkets.com/stock/ISBG/profile
Form 4 must be filed within two business days following the transaction date. I like that! We are very close IMHO!
$ISBG - Nice! 25% float reduction + insider buying!!!
Early bird discount on $ISBG ~ As per latest PR, SEC filing about buyback program due next week. Float will be reduced by 25%.
Ref: http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Commence-Buying-Stock-in-Open-Market-as-Part-of-Restrictive-Covenant-Agreement-and-Buy-Back-Program?id=136649&b=y
Go $ISBG
$ISBG ~ Bid is growing! Early bird discount sales!!!
$ISBG - By now ISBG float could be reduced by 300M. Along with insider buying and massive accumulation of longs at these ground levels, this could be a slingshot IMHO!
As per company: It is our goal to reduce the float dramatically in preparation to becoming a fully reporting company and QB certified.
Shall we go for a cool 125%???
LMAO, Did you see the 280M wall @ 2's???? Again once the 4's wall comes down to 3's it is a grab not a wrap IMHO!
GM $ISBG Crew!