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Solid close for FBEC. Just the beginning in my opinion. Next leg I hope we see 0.15
FBEC .09's closing at HOD
Agree with you on that note TT. Lots of support here and as we've seen, when EVSV pops, it pops big. I wouldn't be surprised if this jumps back to .0012+ soon.
EVSV .0008s going now. Nice swing from .0006. Like I said, this has been a great trade so far and really don't see why it couldn't go higher today especially after that news:
"Trina emphasizes this to the investing public, “We are not a one trick pony. Enviro-Serv is about creating value. Last year we released news on an undisclosed award winning long standing A/C company based on the East Coast of Florida in which we intend to purchase. Enviro-Serv has never been closer than now to making a deal happen. Sometime this week I hope to receive from the seller a “letter of understanding” prepared by their attorney depicting the details of this transaction. After in-person meetings and many phone calls between parties I personally believe this deal will get done within the 4th quarter. The AC company had record revenues last year of over $1.4 million and all due diligence has been completed. They are on pace for another record year, and I really want this company in my portfolio.”
I respect your opinion. But then again, he fell short due to lack of funding so it's kind of a chicken and egg scenario...a necessary evil of sorts that unfortunately many OTC companies need to go through in order to progress. I know when I first started trading this stock a few months back, someone said Trina didn't pull through on his A/C deal last year which supposedly was set to generate significant revenues. I forget who it was but they had also doubted EVSV to close on the Pestmaster franchise agreement as well. Now, I'm new to this stock and the story but so far EVSV has closed on the franchise agreement like they said and in today's PR, Trina stated that he is expecting a letter of understanding from the same seller of the A/C company "sometime this week". So far my experience following the small snippet of this company's story hasn't been anything but "Announcement that EVSV is going to do something" following by "Confirmation that it's been done". People and companies...especially in the OTC..can change and I've been part of more than I care to admit haha.
I agree on EVSV. Look at the news that just came out http://bit.ly/1Rioodn
We're at the bottom of the price channel here with .0006's. I think it could be due for another run. flip or not, it does have a decent day trade trend in my opinion.
They just finalized the franchise agreement (http://finance.yahoo.com/news/enviro-serv-inc-closes-pestmaster-113000055.html). I'm sure there's a transition for Xterminate to go through in order to put the Postmaster Tampa monicker on. In the restaurant world, if a private company purchases franchising rights for something like an Applebees, there's an entirely new training system, operating system, etc. I don't see how saying something like that makes sense at this point. It's too close to the closing of the agreement to start saying they aren't doing anything.
Great analysis. Question for you: technically next week is the "second week of July", do you think they release financials?
Anyone could say that about a lot of small cap stocks though. I'll revert back to my original statement in saying that there have been many a nano cap that have not traded a penny and then all of a sudden the market finds it and takes hold. I think ICNB fits similar criteria that many of these other penny stocks that are breaking out, have but they actually release news. It's not earth shattering but for a liquor company, distribution is kind of a big deal. A lot of these others don't have anything since 2014. Just my opinion but I've seen the market lately and wouldn't be surprised at anything anymore haha. Picked up a small started over the last week so we'll see.
Well, I never said chewed through on PR. As far as new shares being authorized, sure it happens and has happened in the multi-billions in many cases but just because AS increases doesn't necessarily mean the OS will jump by that much. I play some solar stocks and many of these will have the AS massively increased so they can reserve shares for funding deals that involve a share component. I assume that being OTC companies, they are always in need of money and would expect ICNB to be any different. This isn't my first time around the block and have seen good and bad deals...more than I want to mention haha.
My point is that based on the price compared to a lot of stocks that have jumped recently, the low priced nature and relatively quiet market could bring rise to interest from those searching for the next "sub penny play". We've all got opinions and it appears you may have a personal issue with management. I'm not going to argue with you on that because the only thing I know of the company right now is what has been put out and from where I sit, it doesn't look like this is a bad story beginning to develop. I would be interested to see what the sales figures look after Q3.
I agree with you on that note. Market makes can be an issue but when there's momentum behind the market, it's possible to see any short get squeezed or any "dilutive players" simply get chewed through on the way up. I mean how many sub penny stocks have you seen this year that have done exactly that? I can name at least 5 that have done this in the last 7 trading days.
Great news man. I think FBEC has been a good flip but at this point I'm accumulating and holding. Seeing product launches and tying in these kinds of industry figureheads is a big plus for me
So far so good haha
LOL I know.
This could go one of two ways today. Hopefully up
Pink Current Today boys and girls www.otcmarkets.com/stock/FBEC/quote
FBEC Yield sign off. Now Pink Current http://www.otcmarkets.com/stock/FBEC/quote
I like vice plays as well. Making a killing on MJ stocks.
My knowledge of the company thus far is with regard to these last two releases. I think for a liquor company, distribution is key. 600 cases is a decent order in my opinion. Assuming 12 bottles per case, that's 7,200 bottles ready to hit the street. Plus being a sub penny, I like to take a bit more risk on these.
how ICNB doesn't break out, I don't know. Seems primed for something "RXMD-like" in my opinion
I think we could see a run from ICNB with a little volume. It looks like it could be set for a nice move if momentum catches on. I picked up some last week at .01. L2 looks very thin through .02's in my opinion
My first time taking a look at it but seems like it could be a decent sub penny trade. Just my opinion Tommy
Good point but ICNB is starting to catch some attention for what it's worth. RXMD didn't start out trading huge like it is now and it was a double zero not that long ago. ICNB has a far smaller market cap and looks incredibly thin through .02 in my opinion
Very thin L2: ICNB
New Sub penny on the watch list: ICNB
Starting to see some ICNB front loading going on maybe? Just from the look of things. Very light but with a market cap like that and news just hitting, I wouldn't be surprised if this thing started to see some momentum
ICNB starting to build some chatter online. Wonder what's coming. News today but not a whole lotta action. Spread tightened though .007x.008. Nice subbie momo maybe.
ICNB next to go like RXMD in my opinion. Market's quiet but great news this morning:
Iconic's BiVi Vodka Announces the Shipping of its first 600 Cases to its Distributor Network
http://finance.yahoo.com/news/iconics-bivi-vodka-announces-shipping-131900809.html
ICNB sub penny play. momentum could spark something with this in my opinion. Good news this AM
ICNB starting to hit some scanners. News this morning .007x.008
ICNB News: Iconic's BiVi Vodka Announces the Shipping of its first 600 Cases to its Distributor Network
NEW YORK, June 29, 2015 /PRNewswire/ -- Iconic Brands (OTC PINK: ICNB) announced today that its BiVi vodka subsidiary has shipped its first 600 cases of premium Sicilian vodka to its distributor network early in its launch. BiVi is the first Sicilian vodka to be produced and sold in the US and is unique in that it is made from the finest Sicilian semolina wheat and the pristine water of the island of Sicily
http://finance.yahoo.com/news/iconics-bivi-vodka-announces-shipping-131900809.html
nice open. Great bounce already in my opinion
Great info
Ready to rock and roll today.
Flippers gone hopefully and we all got to see how quickly this can jump. Company valued much higher in my opinion. Millions in sales and crushing milestones this year.
All flippers most likely gone here today. Not as many shares traded as yesterday BUT more than 60% with a TON of accumulation today
FBEC Website: http://fbecworldwideinc.com
FBEC New product: Wolf Shot https://www.facebook.com/pages/Wolf-Shot/355919944617615
This is looking better by the day peeps