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Very true... either way at the moment we have NO POCKETS looking at this stock LOL. Some people are accumulating and I sure wish I could help out. I am beyond tapped for a while. Heck even my tax refund was wiped out for BILLS!
Better days will come, I just know it!
-Matt
Someone with deep pockets wouldn't waste their time working the bid side IMO. They would want a certain position and just put in an order in to accomplish that goal.
I could of course be totally off the mark... we all know how the rich usually get richer and it isn't from being loose with their money
-Matt
I still truly believe NEITHER. More sellers than buyers equals price drop. We need new blood... someone who sees this gem for what it is! Comes in with $50k and puts a buy order in at .015 or something and just cleans the entire ask side out.
-Matt
Nobody was buying all day... if the seller wanted/needed out the only way to do so was at the bid. What's more concerning is WHY nobody wants in... all those facts that you listed are huge for a company especially one trading in the pinks, yet we can't attract a single investor outside of IHUB.
Does anyone know if all the trading restrictions have been lifted? I can't see why an investment group or some of Stacy's friends haven't scooped this thing up yet at these prices. Especially her friends, they are wealthy and I am sure Stacy talks about her company to them!
Unless she doesn't talk about her company and like CTInvestor stated... its more of a hobby than a business to her. I sure hope that is not the case because we are all doomed if so.
Hoping for better days ahead, still hopeful for a July timeframe here.
-Matt
What a nasty close... oh well many days ahead of us!
Have a good evening everyone.
-Matt
Oh I agree.. I was thinking more like 1M in revenue for an entire year... but I would take that in a PR too!
-Matt
Not sure on those end of year numbers or 1st qtr numbers doing much for the PPS. I assume that they will show growth, but factor in current debt on top of the expected revenues into those numbers. Will not be very helpful in increasing our valuation. We need to see revenues approaching 1M+ before we get to see a sustained increase in value here and our debt load needs to evaporate!
Inca is moving in the right direction, however, it seems that time is on the company's side and not many here want to wait it out.
-Matt
I am thinking we churn between .005-.008 till we see 2nd Qtr numbers released sometime in July.
-Matt
I am hoping that they have done so... or are in the process of it! Its only been a few weeks since SI, major business changes take months sometimes. As much as I want this to move forward quickly, Stable, well thought out business changes/decisions take time.
-Matt
I agree Macy's, Nordstrom, maybe even Victoria Secret as a rebrand are potential customers of Inca.
Its going to take time.. Again I refer to Stacy's statement that they expect to be debt free by 2012. As always, whatever she says seems to happen. Debt free should also mean much better financials and therefore a better valuation for this company.
I got time on my side now, just hope everyone else here does too!
-Matt
Inca needs to be carried on every major cruise line! The product can be sold for even more margin in that type of setup!
-Matt
I agree somewhat and wish they were more open to us... however, at this point they are a two man show trying to keep up with the demand SI has created. I would think that they are looking to expand there employee count as well.
One thing that I have learned from this company is that they are working on their schedule and their schedule only. They will not listen to our wants/needs/demands, but so far they have proven to be very successfuly with this strategy. One day they are going to want to capitalize on the 750M shares that they own.
Sooner or later this thing will be properly valuated.
-Matt
Hopefully they are so busy filling orders and arranging more product to be manufactured that they haven't had anytime to focus on the small revenue tasks.
I think that they should hire netjoy to finish the website and then hire a bunch of us to do some word of mouth advertising and promote the company across high end boutiques in our local towns.
-Matt
Good morning everyone!! Flooded up here in CT. Almost needed a canoe to get to work!!
Go IDGI!
-Matt
I like the strategy though, can't complain with those returns.
-Matt
I understand that... but if the same ratio was done starting with say 10,000 or 100,000 shares. Now that would be making a killing. Problem is that there is not enough volume to do that on this stock.
-Matt
Am I missing something? Is that list flipping IDGI...? if so 100 shares back in '09 to 17000 shares now, isn't making money hand over fist, or even close to it.
-Matt
Agreed! Thats why I am thinking 2Qtr 2011 number released sometime in July should be about the time frame that we see this thing really start to look properly valuated.
IMO
-Matt
Or option 4. What is going on here has NOTHING to do with MM games, shorting, manipulation etc. Just more sellers than buyers.
And for the best... as in, the company keeps growing and landing major new deals... everything they say coming true, just not quite best for investors yet. If they ever want to capitalize on their 750M shares, one day they will want the PPS much higher to do so.
IMO
-Matt
For the people who have been here for years... we have NEVER been able to figure out Inca's strategy. In the end, it always seem to work out for the best. Hoping that is the case here
-Matt
Netjoy,
That is somewhat disappointing to hear that. Especially when they know your dedication to this company, your job situation, and that you gave them the sample site with intentions of using it and being compensated to roll out a full version.
Probably the first BAD business taste that Inca has given me.
IMO. I just hope they don't do shady busy like that with everyone they deal with.
-Matt
Considering they used his sample website for a temp site... I sure hope that they asked Netjoy if that was OK to do. I know if my work was used in a live environment and I didn't get any credit/compensation/prior approval... I wouldn't be a happy camper!!
-Matt
Good morning everyone! Let's make it a green friday
-Matt
Let's just hope the AC casinos and tourism still exist when it does!!!
Or we can all come to CT and visit Foxwoods or Mohegan
-Matt
I agree that the PPS is going to vary based upon the promotion Inca does to the investment world. Stacy and Evan hold approx. 750M shares of this company. I would think that when they are ready to make the PPS surge... we will ALL know it.
I just don't think now is quite the time or fits into their vision. Stacy did mention a debt free time frame of 2012 which may be even sooner with the closing of the retail outlet. When the books show that they are debt free and profitable, the PPS will reflect the proper valuation of the company.
IMO
-Matt
"Due we" or do we? You have been on this board for how long?? I think that you have no idea how this company runs or will run in the future. I agree that they haven't done the best in the way this SI roll out went. However, Inca has built itself up from the pit of ruins.
They have delivered on every promise that they made. They are fully reporting. They are actively moving forward with their business plan of wholesale focus. When they have something to tell us that is news worthy, then they will tell US.
If you haven't figured this out yet, they do not run this company like your typical pink sheet that pumps out PR's and then the stock price ends up collapsing days/weeks later. The PPS has maintained a climb from .0001 to where it currently stands for years now.
Can you show me ONE other pink that has done the same and has not returned to the bottom??
You seem to be telling all of us what we should be doing and certainly seem to be telling the company what they should be doing. Pumping one day, bashing the next... I am not so sure of your intentions here. IMO.
-Matt
This thing has held above .0045 for years... It would never trade that low again without them closing up shop and selling flowers instead of high end swimware...
-Matt
I thought those short numbers were not valid... we had discussed this prior on this board and there was a link to the reason why those numbers are not accurate. If I recall, shares will register as short if one seller using a MM say Nite sells to a buyer using a MM say ETMM. Because those shares wouldn't be delivered immediately they register as short on those daily numbers.
Can someone recall if this is correct or have a link to the post discussing this topic in detail. I honestly believe there is 0 or close to 0 shares short in the company. Not nearly enough volume at the current PPS to warrant any potential profit by shorting this stock.
Just my opinion, but again we have sellers and people looking to exit. We had many new names hit this board over the past month and much higher average volume. Most were probably looking for a quick run and to get out. When they realized this stock is not a quick pump and dump, they have been slowly getting out over the past week or two.
-Matt
Nahhh... That's just when I expect to see some awesome numbers and to be close to debt free on the books. Figure the PPS will hopefully correct itself then. Until Inca fails to deliver on its promises, I will be here along with everyone that has invested up in CT. We are in this for the extra long haul!
I do want to apologize for being a bit over board the past few months, stressful to watch the cumulative account totals swing in the 6 figure range! Especially when most of the investment is close family, friends, and co-workers. Always feel somewhat responsible for the ultimate outcome of this.
-Matt
Zzzz... Is it July yet?
-Matt
Good morning everyone
-Matt
I think one look from Evan's glare and we would all run away LOL.
-Matt
Fully dosed
-Matt
Well... the longer we wait. Salmon you may near that 5% threshold. Maybe then, you could have a say and represent ALL of us
-Matt
AGREED!
-Matt
Seems these new "rules" mean nothing....
-Matt
P.S.
Waiting for 2Qtr numbers till then... I am in CHILL mode. LOL
Good morning everyone!
-Matt
I think Florida should pass a law to illegalize nude beaches... that should help push traffic towards Inca
It could work....LOL
-Matt
Good morning everyone.
-Matt
Doesn't mean anything after market close... just the next highest MM who didn't retract their order.
-Matt