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Someday in the near future we will all look back fondly on this time as “back when ISBG had a bid”
Another all time low today go ISBG! (This is the same post I made yesterday, but still accurate today)
Another all time low today go ISBG!
Surprisingly fast but I guess it’s in the TA’s and brokers’ hands
Anybody know if old shares have switched over to the new CUSIP?
Now trading at a pre-split equivalent of .00000471
They are converting notes into new CUSIP shares directly from the TA. Not selling shares that were converted over from the previous CUSIP. Retail has to wait until the TA collects all the old CUSIP shares from retail brokers and then issues new CUSIP shares back to the brokers who then have to process them and credit them to your account.
Everything this company does is for the sole benefit of Alonzo Pierce and/or his debt holders. The “loyal shareholders” are just the chumps who pay Pierce’s bills for him.
That’s the whole point. You (and other shareholders pre-CUSIP change) can’t sell, sometimes for weeks as your broker waits for new share certificates. In the meantime, note holders can convert debt into new shares and dump without any selling competition from retail. A similar thing happens after reverse splits.
Guys it wasn’t the dilution that killed the stock, it was the “cognitive hurdle” from the name change this whole time!
Probably the sell-shorts stole them.
.0012s were cleared and the highest bid is now .0011. How did you “miss” them, and if you’re “hoping for another chance” why aren’t you bidding any?
New all time low with .0012s dumping now
On the “approval” tweet, to be fair, it *is* sort of impressive that Pierce managed to fill the forms out correctly (although given how long it took it seems like it may have taken a couple tries). I’m just surprised that FINRA was willing to accept a CUSIP change application written in crayon!
Massive short covering today. I think they probably bought up all 36,752 of those shorted shares out there in the first hour.
From FINRA's own website:
Yes it really makes promises and then does the opposite.
Looks like ISBG has been reduced to creating a fake CBD “news” site to post “news articles” (read: largely incoherent fluff pieces that say nothing of substance in paragraphs of meaningless drivel) about its “crypto project” so that @drinkisbg can link to them as if they are independent reports.
$ISBG- https://t.co/sRj4fW64tO
— BlockQuarry Corp (@blockquarryco) July 11, 2019
Maybe the “security measures” to ensure the @drinkisbg account doesn’t tweet any more false statements in violation of securities laws was to change the password and not tell Pierce?
Boy they really went dead silent after they had to admit to lying to the public via tweet
More dumping. Trips soon. Classic Alonzo.
My point being, the best and most charitable way to describe ISBG is as a more or less insolvent OTC ticker with a stolen product, a long history of failed business ventures and massive convertible debt, which is run by one incompetent man who himself has a long history of failed/revoked OTC tickers under his belt. Again, that’s being charitable and giving ISBG the benefit of the doubt as not being a flat-out fraudulent and deliberate scam.
Trade it if you can and I hope you make money, just don’t be deceived about what it is you’re putting your money into. “Know what you own” as the saying goes ;)
It costs about $400 to have a CBD product tested, which is more than I care to spend to prove an obvious scam when there’s so much other evidence. Plus I would never put my credit card info into a site that Alonzo Pierce runs to get the product in the first place.
Hahaha I forgot about the Jenny McCarthy radio show promo. Good times.
They have stuff for sale (all the best scams do, see Spongetech for example), they just don’t sell much of it while somehow spending hundreds of thousands of dollars per quarter on undisclosed “general and administrative” expenses.
Heck there was a time when they had a $1MM cash infusion from the famous Jackie Autry, a “Cavoda Vodka Lounge” and a skybox at MetLife Stadium in New York, and Lil’ Bow Wow talking about Besado on ESPN and social media. But then Jackie Autry realized Pierce is an incompetent scammer and pulled out, the former VP of sales quit and sued ISBG for not paying him (and won a $100k judgement that ISBG still hasn’t fully disclosed, much less paid), Bow Wow / Shad Moss erased nearly all traces of his ISBG endorsement off the internet, and the stock plummeted from .015 to .0001 as a few billion shares were dumped and ISBG eventually had to reverse split the stock.
After a year or so of laying low while the old screwed shareholders moved on to other things, the scam started up again on a new crop of suckers drawn in by paid promos and fraudulent PRs using the hot buzzwords of today—CBD and Crypto. And now here we are...
P19 is the site ISBG uses to sell its own products. The fake bought-at-auction sites are the ones it recently used to pump an “acquisition” and a “partnership.”
They printed “100% agave” on Besado labels until TTB called them out and made them change it...
There’s really no reason to think Pierce would be above shipping Haribo gummy bears after putting them in a new package and slapping “CBD” on the label.
True, it’s always worth reiterating that ISBG never actually paid for the “acquisition” of Besado from Pierce’s last failed OTC ticker. They are literally selling a stolen product, but obviously Alonzo Pierce, CEO of DKTS, is not going to sue Alonzo Pierce, President of ISBG, on behalf of the DKTS shareholders he robbed.
Cannabisfuse.net and CBDforsell.com are a month old. The P19 gummies were launched in January on a separate site. In January/February, ISBG put out PRs announcing a $115k purchase order and $300k in expected Q1 revenues due to P19 sales “exceeding expectations.” And then they filed financials showing $2100 in Q1 revenues.
Besado was launched years ago, after literally years of the launch being “imminent” (while the stock price continued to decline and the O/S continued to increase). At one point ISBG put out a PR announcing it had a contract (“agreements already agreed to” is how I think they put it) for $400k per quarter to ship tequila to Asia. The financials the next couple quarters showed $0 in revenue if I recall correctly.
I’d love it if the buyer would get those gummies tested for actual CBD content.
As for the Besado, it’s been around for years. The only buyers seem to be ISBG shareholders. That also looks to be the label from the expired COLA, meaning they’re still selling inventory from years ago.
It’s best to lay low after your official company twitter account engages in blatant securities fraud.
$670 in volume today, which, ironically, is $20 more than it cost to purchase both cannabisfuse.net and CBDforsell.com fully pre-made and filled out with stock CBD content a few weeks ago.
Why would a company trying to buy shares of ISBG in the open market publicly announce it on Twitter? It's almost like they're more interested in trying to induce other people to buy shares than buying themselves... Weird.
Cryptolead.net was another pre-made website up for auction from the same seller that ISBG purchased "CBDforsell.com" from and who was selling "cannabisfuse.net"
As of June 7, cryptolead.net had a bidding price of $268.
Well technically cannabisfuse was the new totally independent “partner”—er, excuse me, the “emerging leader in the affiliate marketing industry for the cannabis, hemp, and CBD products marketplace” that ISBG has “joined forces with.”
CBDforsell.com is the grammatically challenged “acquisition” they announced—er, excuse me, the “strong presence in the affiliate marketing industry with a focus on the hemp, cannabis, and CBD marketplace” that ISBG bought in an acquisition that was “all-inclusive and financially non-toxic for ISBG shareholders, with the Company now owning 100% of the CBDforsell.com site.”
This is impressive for two reasons of course, one being that CBDforsell.com was apparently able to become a “strong presence” in the CBD industry in only a few short weeks after it was created in late May 2019 before ISBG bought it pre-made in an online website auction, and the other being that ISBG was able to fund the massive $299 acquisition without additional toxic debt ;)
It appears that cannabisfuse.net—which is a totally real and well-established company that just happens to have the same difficulty conjugating English verb tenses as ISBG’s Twitter account and is definitely not just a fake “partner” that ISBG made up to deceive investors after buying the website pre-fabricated from an online auction for $299 a few weeks ago—is helping to squeeze the shorts by buying up ISBG stock on the open market. Hope they can afford about 412MM more shares!
Also didn’t save ISBG’s former VP of sales who Pierce claimed he never hired in a court filing (despite a PR announcing the hire), and who is still trying to recover that $100k court judgment against ISBG that’s still hanging out there.
T-trades are back. That newly-doubled A/S won't last long IMO
New all time low happy Monday!
Wondering if Pierce is in a spat with the pumper over the VNTH tweet... promoter’s revenge? Lol
https://twitter.com/onlineinvestin3/status/1144601677057667073?s=21
There was also this a couple weeks ago:
A/S gets maxxed out, then the company tweets there will be no A/S raise (an obvious lie given all the convertible debt on the books), then a flurry of posts on here and twitter saying the company has confirmed there can be no more dilution as a result... and then 6 days after the tweet ISBG doubles the A/S to a billion shares.