actually conducting DD
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News did come out and shares are down. News is that company outright lied about owning Vortex. There are laws against that.
Telling the truth is not bashing; the company lied about Vortex. NEXT, lie.
Wrong, it appears they flat out lied about it. Vortex was never owned by the company or its parent. What else is untrue??
I predicted 0.0022 just a few days ago. Sorry I was right.
I am now a pissed off shareholder. Uccello, get your shit together.
Since GroPro is not listed in the Q3, as an asset, we must assume its GONE, GONE, GONE.
Read the OTC filings. Company clearly stated that it OWNED 100% of Vortex. It never disclosed that it was only an LOI. People rely on those filings for investment decisions. This is as close to fraud as you can get.
Is CEO really tweeting about boom in the stock price??? OMG.
WHY IS COMPANY NOT CORRECTING OUTDATED AND MISLEADING/FALSE INFORMATION.
WARNING;OTC FILINGS CONTAIN MISLEADING INFORMATION;
Can we assume that GroPro is gone; Ligon is gone; Incc just a shell with empty promises???? THAT IS WHAT THE Q3 SHOWED!!!
What else then is now FALSE in OTC filings? How about the CEO tweet the TRUTH.
If Vortex is gone, then current OTC filings ARE FALSE. Anyone that does DD based on those filings will be misled.
If company no longer owns Vortex, it must immediatley correct OTC filings. AND EXPLAIN WHAT HAPPENED.
On September 24th, 2014 the company reported in writing that it owned 100% of Vortex.
If they do not now in fact own Vortex, was that a big fat lie???
Top management left, acquisitions are apparently falling thru, hardly a good sign for any revenue predictions, let alone mega anything.
Any news on Vortex? is it gone from the assets of Incc?????
fedi arabia, I sincerely doubt that the CEO just told you that.
A shareholder should not have to go thru posts on Ihub or Twitter, or FB or anyplace else to get answers to any questions. IT SHOULD ALL BE IN THE FINANCIALS AND NOTES.
Incc paid Field 30MM shares for Vortex. At current pps that is a bunch of money and should be reflected on the financials at that price.
That is GAAP accounting 101.
Q3 shows no financing available.
Why are Vortex and GroPro missing from the Q3????
It is the company that gave much credit to Field and Jablo, and then, when they left or quit, just brushed it off as an oh well, no big deal, and through their spokespeople try to diminish the loss.
Q3 financials matter the most now because they show the valuation of Vortex, GroPro, any available financing, and how much management that left, owns in the company.
If Jablo did not want to talk about his personal health, he would not have used it in his "why I joined Incc" letter for all to see.
Cannot have it both ways, my good sir. (Jablo, I mean)
One must assume that if Jablo left for health reasons, THE COMPANY WOULD HAVE SAID SO.
One must assume it was for other reasons that the company did not want to disclose.
As an investor, I would want to see the latest financials. Who will take them seriously if they cannot even produce timely Q3 numbers.
The reason for Jablo leaving was given as "to pursue other opportunities". If it was health reasons, that would have been easy to say. He could have stated so himself if he wanted to help this company. He did not. Do the math.
Is this why Jablo left the company??
From his FB letter "My whole career has been working for and/or serving corporate America, and I want to ensure that Medical Cannabis sets standards of integrity and professionalism in a fledgling industry that can be influenced by black markets and unprofessionalism."
Anyone stating that Incc has not broken promises is not reading the last few PRs and updates correctly. No update on patent, no update on chill, no Q3 filings, to name a few broken promises.
Incc breaks promise to update on chill.
Why is company hiding Q3 numbers???
Anyone that keeps predicting big news this week, either has illegal insider info, or is lying to pump up the stock.
Jablo must have seen what the pps now reflect!!
Unless someone on this board has inside info, which I doubt, any claims of big news and big things to come, must be FALSE and FALSE.
Why no update on patent application?? Does the system exist??
What is company hiding by not releasing Q3 numbers??
Are you suggesting that a simple call will answer these questions about chill removal progress, Q3 numbers, patent application status, in advance of a public press release, or will the answer be, sorry, I cannot comment.
Next time you "talk" to him can you ask him to post an update about:
Q3 numbers
chill removal
patent application
thanks,
Wonderful. If you have any inside info, please, please, share!!
It DOES matter that they are gone. They were touted to be a BIG deal to the success of Incc. They lasted a couple of months. Remember Jablo's heart felt open letter on FB?
Real update:
two of four top people quit
no report on chill removal
no Q3 numbers
no patent application update
no revenues from Vortex/Cortex
no nothing to really brag about