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So you say, but just wait and see ... soon, this idiot will be history ..., and ICNB will take its part in the dung heap of history when ...
You just don't get it, bro! Of course, he would not step out of the way, voluntarily, but someone should step up to the plate and ...
If this were a private corporation, Rich would have been fired a long time ago for financial mismanagement and irregularities. It can be done if shareholders banded together, but we need some brave souls to step up to the plate and be part of the firing squad!
Janon is a crook! One of the biggest crooks in OTC. I figured out more than a year ago that this is a big scam. So many times, this was on the cusp of breaking out, and this idiot never issued a PR with any real news to give it momentum. I think the CEO is illiterate and perhaps comes from a dysfunctional background, or else he would have turned this into a productive company. If he deceived investors about QVC and QVC enabled his deception by telling some shareholders that the QVC/TV appearance was scheduled for on or about March 31, then both companies should be held accountable, legally. ABVG should at least be de-listed by the SEC/FINRA IMHO!
Very possible, my friend ... and it could be a 20 for 1 RS.
Who agrees with me that today we will see this go up by 2 points in the first hour of trading and then go right back to .0034 by the end of the day? Also, I believe we will have about 2.6 million shares traded today with 2.3 million shares in "sells" and the other .3 million shares posted as "buys" or "other".
People never learn ..., so naive, IMHO! Rich is taking many to the cleaners!
Wow, I have to say, as well! But, then again, $25.00 and $50.00 profit is a lot of money for some people here!
Well said, and I may add that each day in the life of ICNB is same-old-same-old. You can with 100 percent certainty go to sleep with the belief that you don't even have to check in the next day, since there will be nothing new with this dead pos. It's not even worth the time to check on this anymore. You know the routine... It goes up a few tick marks in the first hour and then by the end of the day, it crashes back to where it began. Today it went up by 1 percent and then is back to the previous close. Over one million shares traded today and like the past several weeks, it's 99 percent sells and one percent buys. Man, people could be so easily duped ..., you have to wonder! NO INVESTOR INTEREST, NO MOMENTUM, NO CONFIDENCE, NO ROI FOR ANYONE! The only one making money here is Rich, and the saddest part is that he has fooled so many people here, thinking that he will acquire the remaining 51 percent of the business, that he will up-list to QB, release audited fins, buy back shares or even pay out a small dividend on profits. But, no, slick Rich is keeping all the money for himself, right?
Agree with you that it is not likely that this will run any time soon! Of course, if Rich were to release audited fins today, then we could see some momentum, but, given that he released un-audited fins a few days ago, it is unlikely that will happen, IMHO. That being said, if CB were to convince a few of her wealthy friends to buy a few million blocks of shares, then this will run almost immediately!
Hey buddy, good to see you. Yep it's edging up, but could you imagine if CB gets two dozen of her wealthy friends -- including her daughters Alexa Ray Joel and Sailor Lee Brinkley-Cook and her former beaus, Billy Joel and Peter Cook, not to exclude her new date, David Foster. These are all very rich folks who can easily support CB with a 50 million or 100 million-share purchase any time! Imagine if we had one of these folks stepping in today and buying 50 million shares, man the share price will skyrocket. But, as I said previously, confidence in this is at an all-time low!
May be remotely probable, but perhaps not likely again, given the trust and investment confidence factor! Unless, of course audited fins come out like tomorrow and show no big red flags, like major inconsistencies with the un-audited version. Time will tell!
But, the bids are large numerically, but If I really wanted more shares, I would attempt to outbid others to get filled, right? Got to run now, man , but good discussion.
It's also not advisable to give investment advise, especially with pinkies. Everyone makes their own investment decisions, based on their own peculiar circumstances.
And, no one appears eager to buy either, right? If they were so eager to buy, then you don't think they will make the bid a bit more attractive to induce someone to sell. Just a thought! My point is that this appears dead, for now!
What volume you are talking about? One million, plus today .. well that's some volume man, so good that the share value dropped a few points! Not bad right?
Does not rise to the level, requiring a response from me!
But this "Trumpism" doe not work in investment psychology. Not good when a CEO shoots from the hip, all the time. Eventually, folks will catch on and head for the door!
Very balanced response and not just shooting from the hips like ...
This shows a serious cognitive deficiency!
Investors don't have any appetite to buy a security -- even at these bargain prices, if the odds of losing their money is high. The un-audited financials, although better that the preceding year, do not give investors any confidence that this is going to recover from a 92 percent slide over the past 12 months. This is the reality of this stock, and Rich has lied innumerable times that no one wants to trust him any more. Unless audited fins come out soon, and verify the numbers in the un-audited fins, I believe this is heading into the 20's very soon, and an RS appears quite probable, IMO. Rich has destroyed all momentum that this had, and I am afraid, this will leave hundreds of shareholders hold empty bags!
Seeing is believing, so let's cross that bridge when we get there. I would not hold my breath, though! By the way, if the figures/numbers are so convincing, why then do you think the market/investors have not responded positively to the un-audited fins? Why is this lower than .0040, which was briefly touched a few days ago, even before fins were issued?
That also has a big draw, perhaps the biggest in the industry, and it SHOULD translate into real "dividends" for ICNB! I like your "infectious" positivism here, man. Appears that you are a real diplomat, as well. Good job!
Agreed! Just was making a point about almost everyone here making assumptions. But, I know CB is a wealthy person and besides, I know Bellissma Prossecco will be front and center and will be the big draw at the wedding of CB's daughter Alexa Ray Joel.
Be careful, you are not burned! With all the hoopla, gusto, and excitement preceding the release of financials yesterday evening, even for weeks before, this only got a bump of .0003 this morning and it's already falling. All, I can say is wow!
It is definitely growing and with all the converted debt-settlement shares not already processed or listed, and the over 400 million to be transferred in the coming months, as per the fins, this could be in the ball park figure of 2 billion by the end of the year.
Says who? You don't know anything in contradistinction to my assumption. It never ceases to amaze me that some folks here try to debunk another person's assumption by positing another assumption! How laughable!
Very smart, Smallville! This has potential to double in share value over the next several days, IMHO, and I got the PM. Now it makes sense, based on your research and analysis. Thanks Bro!
Don't even start with CB. What has she done for ICNB? She is using company funds to travel the world and to her home in the Cayman Islands all the time on our dime! She has not referenced or mentioned ICNB is a proper and completed sentence since she became a partner. CB is in this for her and her empire and no one else, IMHO.
Very plausible, and I agree the numbers, for the most part, have improved from 2016. But, structurally, the OS continues to bloat and that's not good. Remember all the shares transferred to debt holders have not even been registered as part of the present OS, so by next year, OS could possibly be over 2 billion. Then, I did not see any specific reference to the $600.000.00 line of credit with suppliers, but there were a lot of references to continued borrowing even up to the end of 2017 and even continuing in 2018.
Who is saying they are all good numbers? Not me! I am just offering a possible rationale for this mega sell-off today. You have a better one why 230 million shares were sold today? May be, the debt holders think the numbers are not good enough and opted to sell. Remember a bird in the hand is better than two in the wild! The fact that the bid is still at .0032 and the ask is at .0036 since after hours, is perhaps an indication of how the market views the news. We will know for sure tomorrow! By the way, today's sell-off could not have been the maximum 10 percent of common stocks that Rich agreed to convert each month due to the high volume. If it were, like 30 million, I would say, quite possible, but other factors were at play. Like I said, Rich could have diluted it a bit more, but we will never know since the financials are not audited.
Very good points, and that is even a lesson even for me. That being said, I made several thousand dollars by flipping some of mine, a few times, but boy, oh boy, I could have made out a lot better. But, then again, I am not greedy. What is troubling is that the debt holders or MM's were tipped off today about news coming out after close and boy did they go for a kill. It's possible Rich may have leaked the information or someone else on the board. I know Martha Stewart went to jail for something similar.
It has also agreed with the escrow to convert another 400 million plus of common shares for debt settlement. That's a lot more than the numbers that have been thrown around here! But, all in all, the financials for 2017 are lot better than 2016. The sales revenues of $3.2 million that Rich announced late last did check out, so that's a fact now, although the numbers have not been audited. Last week, I said his travel expenses are exorbitant, and someone said I had no proof. Well, here's the proof, its about $150,000.00 if I recall. That's very significant, and his travel expenses should be check and verified independently so make sure he is not misusing the company's funds. His unconventional compensation packet and that of his woman is about half a million dollars -- payable for 2016. Looks like he also deferred his salary for 2017. The medical marijuana deal that went sour, appears to be suspicious, and may have been part of a bigger scheme to cover a nefarious objective. Hopefully, we have an accountant here on this board to analyze them. I will email it to a CPA to explain some of it. That being said, I think trading on Friday and how the market respond to these numbers should be very interesting!
On the contrary, I think it closed down at .0032 with 236 million shares traded during the day. Most were sells!
Very unusual, my friend! Going back to two years, since I have been here, trading it, I have not seen a day with over 230 million trades and such a minute percent in buys. Very weird, and I don't know what to make of it. But, you are a thinker, and I concur that your rationale could be quite plausible. It's also possible that we will see some significant T-Trade postings after close, reflecting some sizable buys. MM's and brokers often times collude with company CEO's to hide or hold back large blocks of trades that were bought so as not to destabilize the market. If that happens today, then you have to wonder who are involved in this mega manipulation. It's possible that Rich also is diluting this some more ahead of financials.
Agree with you,man! This is dead, and I would add that the handwriting has been on the wall many months ago. A lot of folks have been duped by Janon. If you look at all my posts, going back to last year, you will see, I was raising the red flag about this. Not many ppl took me seriously, and I fully understand that everyone wanted to see this evolve into a successful company, But, alas, for Janon's ineptitude and lack of business acumen. I remember when he had a conference call several months ago, and folks were so excited about this. But, for naught! Janon is a professional swindler, a crook and a miscreant. He has absolutely no idea of how to run a company expect to dilute and dump millions and billions of cheap shares that he puts in circulation to pay his salary and underwrite his personal expenses. Such a same for a security that had some potential to make it big. For all those still thinking this has a chance, consider that Janon has over 15 billion is AS with over 10 billion already issued. So, if my math is correct he still has about 5 billion more to put in circulaion and add to the already bloated float. Take my advise folks, you have to know when to fold them, when to hold them and most importantly when to run!
So tell me, if the winds of change blow this to nothing like a hurricane, will you come back on and apologize for misleading folks and being so wrong. If I am wrong, I will be man enough to apologize to everyone who had it right. How about that?
If that does not happen, and the share value goes down even further, would you be big enough to apologize for getting it wrong or, I guess you will come up with another fake rationale why fins did not have an effect? Time will tell who is right here. Just a few more days ...
Good analysis and I concur that many shareholders -- and I would hazard to say about about 60 percent of the present shareholders are just waiting for an exit plan. April 16th will be do or die for this!
I hope Rich does a RS very soon at say 20 for 1. Doing so will wipe out 75 percent of the shareholders who came lately, and leave those of us with millions of shares with a sizable portfolio still.