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Hope that's true, but we were all saying the same thing with past news about Bevmo etc..., in fact sp dropped since the time period I'm referring too.
I do appreciate your unfaltering faith in ICNB though.
GLTY
The problem you elude to is a problem for Campos.
The problem for shareholders is that the Fins haven't been delivered.
IMO, none of us give a sh!t about the dirty dealings Campos has to deal with, we want to make money on our investment. F Campos!
Best trades to you
I'm with you, I hope a spike comes along and the faithful here get to make some $.
I got lucky and made the last spike that went to .03, then sold a major part of my position when Fins failed to show and was still over a penny.
Campos and whoever else is behind the scenes are assh@les, I don't care what anybody says. And I used to be a diehard NEWCer, email back and forth with him etc... total waste of time it's been.
Now I hope others here will make some $ and my little position does too. But it looks pretty damn rough!
Best trades to you!
This thing hits .25 I'll do a jig and post it on here.
My rule in investing (which I never seem to follow) is don't gamble more than you're willing to lose. People getting burned all over the market, not just pennyland.
But I appreciate objective insight, so thanks for posts.
GLTY
True that!
I'm guessing you're new to this penny stock? Can I ask you what you saw in ICNB to get you to jump in it??
Not trying to be nosey here, just curious what an investor at this time and place of ICNB sees. TIA
Even if/when fins arrive, can you imagine what 2015 and 2016 are gonna look like? Lol.
IMO, if we can stay within this narrow trading channel we're in now, it wouldn't hurt to wait a while longer to put a PR that included solid news on chains, Canada, and some solid audited info just prior to Q2 release. Could invoke some buying and if Q2 is decent it could get this moving north again.
I've waited this long, gonna be waiting around until Q2 anyway, so just a thought.
BTW, what ever in the hell happened to IR? You know, Ryan? Is he still getting paid? Lol
Hitpaydirt. I'm sure your responses are great and have good info. But I can only see the profile pic in your postings!!!
GLTY
Hmmm. I wasn't aware of that. So do you know how the stock performed before the bk? Highest value? TIA
Were these past products ever with a penny stock or just now with Bellissima?
If you ever wondered what a summertime narrow trading channel looked like, look no further, we're in one.
Hit the snooze button for now.
I was not aware of that aspect. Makes sense though. I don't know how that end works so I'll take your word for it.
GLTY
I didn't really like the lowering of price. But I'm no expert on that. To me it should have stayed at $20 for a while longer. Dropping prices can appear to be a sign of weakness. But again, I've never owned/run a wine business so I could be way off here.
Gonna up my position a little more in ICNB. I've got a few other penny stocks that are dog turds, this has a product moving well in the marketplace with great marketing potential.
Annoying is the word I would use. This should EASILY be over .02
Great job of plugging ICNB. Thanks!
Interesting. Good article, thanks for posting it.
I have felt that something is going on behind the scenes here, and not necessarily something all together evil.
I don't believe that Rich or CB or other powers that be in ICNB cooked this up just to rip off investors down in pennyland, and thus I have held my position here. That and I'm at about .015 lol.
If it were a scam, they sure have gone to an awful lot of trouble to pull it off lolol. I'm just not buying it.
Hopefully this article is the answer to what it is that is keeping this down.
Thanks again and GLTY
And to your point, I see other far lesser stocks trading with big time debt, serious outstanding shares, no or minimal product, in some cases major filing delinquency, and they have a better SP and have better trade volumes than ICNB. I just have to say WTF. To me, this should EASILY be trading over .02 right now.
I do believe that Bellissima is catching on in the marketplace, the stock hasn't yet. That's cool, I can get behind that. But .01? That pisses me off and doesn't make sense to me.
IMO, it's not a flipper on this board causing this either.
Something is jiggy and I don't know what it is.
GLTA
Gotta be honest, that forecast bums me out. Hopefully you are absolutely wrong and this thing moves north IMMEDIATELY!!!
GLTA
I don't think a buyout is in the cards for a while. I hope audited fins and possibly uplist is though. If those things happen we would be in another level. I can't imagine a buyout at this stage, but I've been wrong before in the market!
Go Hawks!!!!
That's a smart play imo. If an uplist happens I'll be happy I stayed in this. To me it's worth hanging on to see. In the meantime.02 plus would be nice.
Best trades to you
IMO, as the product becomes more recognizable in the marketplace the stock will begin to follow. To answer your question though, ICNB is not as exposed as the product itself. Audited fins and an uplist would bring a higher level of exposure and investors, and that's what I'm looking/hoping for.
Great question. I don't know the answer for certain, but I do believe this should be easily trading over .02 right now. For sure ICNB needs to attract more buyers. I'm hoping the stock will begin to catch on with the product soon. If audit and uplist are realized I don't see how we remain at such a low sp. jmo
GLTY
A good point. My take on this is that Bellissima does have some separation from a competitor with CB of course, and they have developed a distribution channel specifically for Bellissima which could be attractive and convenient for a possible buyout.
I credit rich for building his brand and at the same time making it appealing for a buyer.
Now, if we could just get this f$&@ing share price to move up!!!!
Best
The reasons I continue to hold my position in ICNB are; I believe the CEO wants to succeed and I don't believe he is running a scam, product is in the marketplace and expanding, eventually if the success of sales is accurate and continues the stock will adjust through awareness, fins could be truthfully getting audited and uplist could come to fruition.
JMO, and I'm not a Buck fiddy zip code changer poster here. I'll leave that bs to those more suited to pumping.
Having said all that, it pisses me off that the sp is under .02. IMO it should not be below .02 with all the latest developments. Especially when I see stocks with 0 or minimal products and extreme debt trading at a far better sp. Makes no sense to me this one is languishing around .01 right now.
GLTA
Right on! Great post!
I hope you have wild success my man.
I feel/believe that the $1.50, zip code changer, blast off, etc...predictions are very transparent and turn potential investors off. Those continued efforts apparently haven't been attracting other investors from iHub as we can see from the current sp.
I don't do pm's.
The only thing that decides wether or not I buy or sell shares is me.
I could care less about what others think about others here. Not my problem or concern.
Pumpers on this board are just as detrimental as bashers are.
At the end of the day we all hopefully make gains on our investments.
GLTA
The next big news that is going to change everything is on its way, again. Buck fiddy, game changer, zip code changer, to da moon, load up while you can, etc... is on its way too lol.
Fine, I'm a total idiot for not buying into all that bs.
Let's see what happens.
"the deals coming up are game changers."
This was said for BEVMO, Q1, the Organic chain, Bucca, that Costco deal, and any possible pr that was to come out, yet the stock has dropped in value since I got in and during all that news and in most cases it finished up red after news. Those are not game changers, those are negative gains.
Let's see what happens with this next big news being bandied about.
GLTY
I'm no warren buffet, but I'm pretty sure losing value in your investment and slowly dwindling downward with red days are not what you want in a stock lol. I agree that every time there's news coming, there's multiple posts about how this news is going to really send the stock soaring, zip code changers etc..., only the stock closes red after news. But again, I'm no warren buffet here.
I got in at around .018, all it's done since then is go down with the exception of that 20 seconds it went to .0193 a week or so ago.
I've purchased shares here and there do get my average down to around .015. I would be happy as hell to see .02 much less the fantasy .50-1.50 pumping going on.
Fresh new week ahead. Gonna be interesting to see what this share price has to say to us this week.
IMO, this stock should have been trading at over .02 a long time ago. Hopefully something comes along this week that moves the sp north and we stop dwindling downward.
This thing needs gas, momentum, attraction and buyers!
Guess we'll see what happens this week ahead.
GLTA
Prof., do you happen to know how the second shipment of Bellissima has done in the New York Costco? TIA
I tend to believe attracting buyers is the "key".
I also believe this ticker has no business being under HOY right now. And yes, that pisses me off.
GLTY
Less than half million in volume and people here are talking $.50-1.50.
Seriously? I get it, of course that would be great, but let's be realistic, we can't even hit .014 right now.
Anyone know how the second shipment to the New York Costco is going?
I am in another ticker that is literally 2 years delinquent on sec filings, has a past fraud attached to it, and the last auditors resigned due to past fraud, and that ticker is getting more action than this one, more volume and currently green.
WTF
Whatever happened to Ryan at IR? Is he/they still involved with ICNB? Maybe he's been in touch with someone, but I seen or heard from that dude in a long time on this board.
Debt holders are happy with one thing only, a ROI. If they feel a rs could be dicey, they will dump.
In our case, I'm not sure how the 10% deal with ICNB would work if they did a rs.
I agree with toybaby that a rs could work for uplist purposes, but it still sketches me out.
Why are we discussing this by the way? Lol
Let's say you have 100,000 shares and they do the rs at 1000 to 1, you now have 100 shares at a higher value per share.
It's done to reduce the O/S and create a bigger dollar per share.
Typically it's bad. Some cases good, but usually people bail out like big dogs and the sp plummets. It can also indicate that shares were mismanaged and companies use this tactic like an eject button.
I got scorched on one before, no fun!