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Not completely true.
Ya see the increase happened somewhere between the 24th and today based on TA reports posted here. Now look at the volume between then and now. http://www.nasdaq.com/symbol/icnb/historical
3 Big volume days around the EOM which coincidentally was the end and beginning of a new quarter. Seen this before where shares are issued right at the end of a quarter.
Looking at the volume I doubt they have all entered the market since only about 90 mil shares traded in that period but I could be wrong.
Either way the SP did not tank and volume has dropped off.
Yep, an amended list of officers was filed last November. http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=zlYLpVAy3cRKPL%252fbPW4hVg%253d%253d&nt7=0
You will notice the two guys from Southridge are no longer Managers. They are Inactive.
Well said, great post.
I'll chime in with a few things that might help your concerns.
1st off you would see an amendment filed here http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=OFHloEf2B1aryjOB7RlYnw%253d%253d&CorpName=ICONIC+BRANDS%2c+INC. If you pay the 20 bucks of so for a copy of it might contain the language that the board approved an RS that could take place by a certain date during the year or maybe not. That would be a 20 day notice and no sooner once the vote and amendment are filed.
2nd... Just because they vote for one does not mean they will get it. FINRA has to approve it period end of story. You will get a 1 day notice from FINRA or don't worry if you miss it cause a poster Renee will post it on this board. You can follow the FINRA Daily List here... http://otce.finra.org/DailyList thats where you will see it first if approved. I think they post up until 6 pm eastern.
I was in an RS once. They were an SEC filer so they put out the Pre 14C first with a 20 day notice. Caught me off guard because I was watching Nevada SOS for any sign of a RS.
I would not worry bout one here anytime soon for reasons other posters already mentioned.
Finra Monthly Share Volume numbers are out for March. http://otce.finra.org/MonthlyShareVolume
The big winners are NITE with 54% of total volume, CDEL 20 % , ETRF 9% and the V Brothers Combine for a whopping 2.32 % .
Nothing to see here.
Revenue Recognition Page 6. http://www.otcmarkets.com/financialReportViewer?symbol=ICNB&id=164765
It is recognized when they receive it. However, terms of payment of the contracts have not been made public yet.
I have seen in the past terms like 10% net 90 days for the first 6 months then 60 days and 45 days after the first year.
Basically due to timing it takes a few months to get rolling but eventually they should be getting payments every month from somebody.
Good luck with the TM. Looks like they are working on April 3rd applications. 87397150 is about where they are at. Only 1600 more to go to get to yours.
Remember, eventually you will have to show a SOU (statement of use )
Were you thinking about a Tequila or maybe hats and t shirts ?
I'm watching this. http://catalogo.vinitaly.com/it/cat/la-jara-azienda-agricola-20
Ya know if they introduce a new expression it could very well be one of these.
Soooo... where can I buy this Love Juice ? Sheees, ya think they could mail me a bottle for my losses. Oh well, still would like to at least taste it one day if it's real.
Holding my breath for my Isbg divi shares (Not)
Soooooooooo, when can we expect those Quad O's shares to hit the market ?
I'm in about 5 tickers but only post on the ones I really like. The others I am just lurking the board. I like this one and no matter how you slice it I am a buyer down here.
Flip,Flop ,Fly ( Blues Brothers) this one is far from over.
Said a long time ago this is a .015 to .03 based on the number of locations and the fact that good Q's need to come in.
Now they say they will push the Hampton's next. How convenient cause CB lives there. Maybe pop out to Cali for a week or 2 and a dip down to Fla or the next market area and call it a year.
I could go on and guestimate but reality is they are doing well for barely 7 months out of the gate. Shirt... no one knows how well it will do till it's out there. 2017 is get it out there year and into 2018 if it catches on. Rich knows this and so does the bottler. If demand is super high then it could slow our roll in expansion because the Harvest has been done and i would think they would keep up with existing markets. If successful than they adjust after this years harvest for next year. Pretty simple really.
Finally all caught up and this post is a tie for the best of the day after reading 400 or so. Awesome that Publix will get it for you, even better when we are on the shelfs.
Thanks for the awesome " Boots on the ground" effort. Enjoy and lucky you.
Great post, swimming with sharks in the OTC.
3 card Monte and Liars Poker come to mind.
Great post and so true. I'll offer some solid DD but no where near like I used to in past tickers. Ya want good DD ? then get off the phone asking for it and get on the computer and do it your self.
I spend time every night either doing DD or just keeping up with my tickers.
Nailed it.
Counting on it and news won't send this much but a couple of quarters with increasing revs will. Got Time ?
The communication level from the ceo is just fine. He has no control of the share price.
I could elaborate more but I am not feeling bi polar tonight.
Post of the day. I'm still catching up on post but I guarantee this is the best one I will read.
Let's all smoke a Quaalude and chillax.
lol and the links work.
Seriously though... It is up to the company (ICNB) to go into OTC markets and update their information.
Meh... done most of my DD a while back and still doing it. All good hear but I got my eyes open too.
Setting bids low for cheapies but honestly I think it was a strong pr. I'm happy with it . Heading North but ill buy some dips.
Funny, my friends at the marina have 3 car washes and do well. My folks were in the Dry Cleaning bizz since the 50's. Other than a set back when polyester came out Dry Cleaners were killing it up to when the 1.99 cleaners came out and ruined it all.
I was going to take over in the late 80's but the EPA and the expansion of 1.99 shops... my folks sold out and lived a happy retirement in N Palm Fla. I went back to carpentry/ handyman on the river. Nice views everyday, all my customers are waterfront.
That could be true but our bottler goes through a winter time.
http://www.lajara.it/vigneto/?lang=en
Undervalued yes so I am adding when i can. 2016 just tore me up, limited funds now and starting over. I like this one and I am done wasting my time on BS. If I can find 1 or 2 more like this I can shut down for the summer. If not then ill stick with this and dump the others.
Nice post. They are locked in at up to 30k case per month with ability to add more. It's a trial by watching the demand and expansion of Phase 2 for us and the Bottler.
Keep in mind they harvested last Sept / Oct. At that time no one has/had a clue on where this goes. So you tap markets in 2017 and 2018 is a whole new ball game.
So far so good. Good enough for Iconic to get off the couch and back in the game of SEC filer and audited financials. It's coming and exciting to watch.
Weather you invest of not .... keep your eye on this one as a learning experience at least. I think they will walk the talk. Been a couple years since they delisted from SEC. Meh.. was not much going on anyways.
Time to get back on the horse. Here We Go !
It's nice to see the company put a real team on the field and step up to the plate. Grapefruit League ball season is coming to a close.
Go Nats !
Thanks float, Audits ain't cheap and the last thing you want is to pay extra for an Auditor to figure things out that should of been clear cut from the accounting firm.
I was half way thinking the filing would be extended for a few reasons. 1st, most pinks do it.
2nd, there are 252 trading days in a year. Minus a possible 30 days of extensions available. That takes 12% of trading days away from converting shares.
3rd and most likely is more time is needed for various reasons and one being that the next people to review these yearly Fins will be the New Auditor.
Raise you hand if you have every cleaned your house days before a new cleaning company arrives.
Gotta go play outside now.
My last long play was a Sparkling Water. Good stuff too. Their plan was to grow strategically and be National in year 3. Possible buy out after that and reaching 10 mil in annual sales just to get the attention of the big boys.
Don't know the time frames and buy out numbers for wine but I think this is off to a great start product wise and the company fundamentals are now stepping up to the plate to take this all the way.
Beautiful day here, have a good one.
Due to overwhelming demand after their opening order, The Winebow Group has already moved into a Direct Import ordering platform, ordering a full container representing over 2100 cases, which is extremely exciting this soon after the initial brand launch just last month in the Chicago market.
http://www.otcmarkets.com/stock/ICNB/news/Iconic-Brands-ICNB--Bellissima-Blast-into-Chicago?id=150348&b=y
. In California the Company has made a strategic decision based on timing and terms, to go from our previously announced and anticipated distribution deal with Youngs, to an agreement with The Henry Wine Group, a division of Winebow, www.winebowgroup.com. This expands the strategic distribution partnership with Winebow; the company is excited to be working with The Henry Wine Group in the California market
http://www.otcmarkets.com/stock/ICNB/news/Iconic-Brands-ICNB-News?id=154817&b=y
http://www.winebowgroup.com/distribution-markets/
I like it. Cali is a long way from shipping ports on the East Coast. Ordering and receiving full truck loads is the only way to go.
Much appreciated staynafloat. I have some friends down there on the coast but find it hard to go when it is so nice right here on the river.
I'll get my hands on some sooner or later. My brother owns a restaurant outside of Augusta Ga. Empire Distribution is there. Gonna ask him to try it and bring some bottles up when he visits next.
Lucky you. I'm in Va and it's a Commonwealth. The wine lady said there are more hoops to jump through to sell wine in Va. I am hoping MD has it soon since my favorite bar/ liquor store is on pilings in the Potomac River it is in Md but only a 20 min drive from here.
Yep. The last ticker I was in that had a map it was not correct either. Some smaller distributors had all there locations on the map whether they had it in store or not.
It was a mess.
That is kinda funny but it got me into looking for the TM on that bottle and I stumbled across this.
https://trademarks.justia.com/779/50/n-77950336.html and a few more.
looks like Rich has been working on and has had this Procecco idea since around 2010.
I think he hits it out of the park this time.
Yesterdays T Trade was for about 14k and 6 % of the total volume. Could of been for a number of reasons. Maybe email IR and ask them if they get shares every month for their service ? We don't know since the deal has yet to be disclosed.
I am thinking we see a Yield Sign on Monday. Rule 144 shares can not be converted while we are not current. However.... anyone holding a stash of converted shares can still sell.
We are about to find out how well everyone plays in the sandbox together.
T Trade could of been anyone including someone calling their broker and telling them to purchase as many shares as 14k would buy.
I looked back in their filings and they have been way late before and never filed a notice.
Well, if this were an SEC reporting company then you would see a NT 10K filed today. But it's not so I am not sure if they need to file anything especially since they just notified us in a Pr.
Spin it anyway you want but Technically if fins comes by April 17th they will be on time. Honestly I am not surprised.
Yes, good news indeed. Not surprised the yearly is not audited yet but it will be. Auditors this time of year are busy and besides there are other parts of the House to get in order also.
It's coming together while keeping the focus on distributors and sales. The rest will take care of itself in time.