That's your take on it. This was a ponzi scheme in which there were no investments. Basically he was taking the money from the bottom levels of new investors to make payments to the people on the higher levels. As long as the economy was good and he continued to have investor's the scheme worked. There were no investments. And as soon as people started to feel the squeeze of the economy they needed money and started pulling their investments out. Stacy was probably on one of the very bottom levels and they are saying you might get .30 cents on the dollar of your original investment back. Sounds like IDGI, but we'd be lucky to get that much back.

Sue

Let's play the fantasy and fairy tale game here. Evan has all the money and not Stacy. Sounds a little macho to me. But let's look at the history of IDGI. Gee, two women Stephanie and Stacy start INCA and are influenced by INCA culture in the clothing and establish this business in Manhattan. Stacy as we all know was running a division of Ralph Lauren prior to leaving for INCA. Stephanie marries a man who is into pumping and dumping big time on penny stocks for which he is cited by the SEC and convicted. Stacy and Stephanie split on their relationship and Stacy buys Stephanie out of the business. In the meantime Stacy had married a big time ESPN sports celebrity and went on to have two children. Oh gee, this marriage didn't last and Stacy walks away with a handsome settlement from said celebrity. Then decides to relocate her business to Miami (gee, makes sense, bathing suits in Miami). She re-establishes a retail store at a hotel that eventually goes bankrupt but in the meantime she meets Evan who has had a successful career himself as a hairstylist. Eventually they marry and Evan takes some of the money he's dumped into IDGI out as stock (further diluting the stock). Oh, did we mention that Stacy invests with Madoff and we all know where that went. So, then just as IDGI is getting caught up with all their financials and comes out of silence because the investigation by the SEC shows that Stacy had nothing to do with pumping and dumping at IDGI. Therapy gets opened, IDGI goes to a wholesale company with showrooms only, and then the interest falls away from IDGI and into Therapy and now into the Gym. Therapy is just an establishment that sells INCA clothing.

And since Therapy and now the gym have opened we don't see any more interest in getting the IDGI financials up-to-date. And Therapy and the gym have nothing to do with IDGI. They just share some of the same owners. But Evan and Stacy continue to go to wonderful parties all over Miami and the beaches of the world and clothe the beautiful, well-coiffed and well-dressed women of the world.

So, the financials will be out when? and why should we be listening to Evan?

Sue

Uh, an article from December 2010. wow maybe they just released it.

Go IDGI to the Moon.

Until something is publically acknowledged to by this company, such as financials or an announcement of any kind coming from the company, why would anyone throw money in the garbage on purpose.

We have already invested and are stuck with our shares and can only hope that something comes out of this so that we could at least trade even. But I think a lot of people are tired of speculuation and want the facts. And Matt is so right, without financials Even can be putting money into this or Stacy, but that means dilution of shares that we know nothing about.

GLTY'all

But I'm just watching this like everyone else but I've basically written off this investment.

JMHO
Sue

Towel has been thrown in. And dry rotted out in the Miami sun. At this point just waiting on the hatchet from the SEC. They seem to have other interests: Therapy/Gym etc. They continue with IDGI but haven't seen a new book issued with their latest designs or any update on the website that would indicate that they have come out with anything spectacular.

But even if they come out with something. There are so many outstanding shares that we'd be lucky to break .02.

And very little PR.

But then just IMHO.

Sue

And posting what's been said before or questioning someone's motives for posting speculation, even under IMHO gets you deleted.

I just want to make sure that people are doing their due diligence and are aware that there have not been any financials on this stock for more than a year and that as long as that continues this stock could be de-listed. Last September we watched that happen to numerous stocks.

Yes, they have a product, yes, we are being told that they have contracts for their products,yes,we are being told that they have expanded into more household items, but we have not heard any of that from any official source. And yes, they updated their facebook page last week.

But yes, they told us that they would be hiring an auditor and updating their financials over a year ago and concentrating on the investor side of this business.

So, buyer beware, do your due diligence as you would on any stock purchase.

JIMHO

Sue

Matt:

What did you wake up on the wrong side of the bed. This stock is going places.

Come on, you were getting the IDGI vibes, spending money on Therapy, a new building a gym. And a new bathing suit line for 2014.

That's right they are spending money, so the financials must not be far behind. That's right only a year behind what wss promised. But they can't be far behind.

GO IDGI, just IMHO.

Gee Matt, a little over the top are we this week. Gee, Go IDGI, to the moon. Love making money here. This stock is just going places every day.

Love hearing about everything they are doing with a new building and Therapy (which is not even part of this stock). Or moving into a new building for their gym. Again not part of this stock. But then lives of the rich and famous and something we can all follow.

But then just IMO.

Can't wait for the Vegas show. And every other show. Can't wait to hear what they are doing and what they are wearing and eating.

Maybe they will even update their facebook page again.

Yup, yup, just like a dog, I'm sitting here waiting for that one big PR and the financials would just send me over the edge.

JUSTIMHO...

She has a basic bikini which she is famous for because of the fit. These are all the regular bikini bathing suits that we all recognize with the gold tips that come in a multitude of colors. This suit also come with a long tie in the back instead of the gold tips. Then she made the one piece with what looks like the old whale bone fittings in multiple colors, then the aztec mexican suit that was on the cover of SI and the ruffled top bikini and the ruffled side suit which was her old cut out suit with ruffles.And last year she introduced the boy short suit, then she has an additional Cruise Line which is all the coverups and the shirts and slack, and the Inca Girl line.

Then she updates the colors on her basic bikini and usually comes out with something different each year. But she keeps her staple suits and adds on each year. I doubt that she had a whole bunch of the staple suits for sale in her clearance.

She adds to her line, but the basic bikini comes with ornamentation such as the crystals or in gold and silver materials.

Just IMHO

Raising money for her next A-List Party in July. I'm sure there is a lot of stock clogging up her warehouse. So, get rid of it. I'm sure that the staples on the bikinis that just change color year after year won't be out there.

And gee, I ask whether someone who has never been on this board and suddenly shows up could be pumping and dumping and I get deleted.

That's right I'm supposed to be a cheerleader and leading innocent new investor's down the same rosy path that IDGI is going to the Moon and someday be trading over a dollar.

Hey there's a bridge in Brooklyn I hear is up for sale too.

Sue

Matt:

While in Jamaica do lots of research on the beach. You'll be looking for the INCA bathing suits.

Sue

The company better start updating or this stock is bound for delisting. Either they get their acts together or all the value they have in their "stock" goes down the drain as well.

Hey, they are getting ready to throw another great party during the Swim Week, we shouldn't interupt their spending by paltry requests, like running this as a business and public company which they signed on for.

Just IMHO

Pension forms new company: APEX maybe we could then begin trading IDGI again...

Here is what I got from ZECCO this morning:

We’re sharing with you an important and positive development regarding our clearing partner, Penson Financial Services.

On May 31, Penson’s parent company, Penson Worldwide, Inc., and PEAK6 Investments, LLP announced the formation of a new, independently-owned clearing firm called Apex Clearing Corporation, which will acquire the clearing operations of Penson.

We see this as good news for all our customers for many reasons:

First and foremost, you will experience no interruption from this change and are not required to take any action. There will be no conversion or technology transfer of any kind. Quite literally, the only change you will see is the name Apex at the top of your statements and order confirmations, instead of Penson’s.
Apex will have the capital, the people and the focus to efficiently and effectively run a top-notch clearing operation, which spells better service and attention for you, our Zecco customers.
Lastly, the TradeKing and Zecco firms combined will account for nearly half of Apex’s accounts, making us one of Apex’s most valued customers, again heightening the attention and service we can expect to receive from the new organization.

Apex Clearing is expected to begin operations in the coming days following the completion of certain closing conditions and receipt of required regulatory approval from the U.S. Securities and Exchange Commission (SEC) and FINRA.

For more information on the agreement, you can read the official announcement.

Again, we believe this is a very positive development that will lead to a better overall trading experience for you. As always, we are happy to answer your questions or discuss any concerns you may have.

You can join our ZeccoShare discussion here, or contact our Customer Service team with questions.

Sorry, she's out at some "A" list South Beach Party with her hubby and promoting her new line of bathing suits. She can't take your message and as long as there are checks in the checkbook, looks like she will keep writing them out.

I also imagine in her spare time, she's visiting the beaches of the world looking for inspiration for new fabrics and styles for this years line that she will produce at Swim 2013.

Sue

Definately the SEC and stinca is right on. Why not buy now, the people who would buy are doing it on the assumption that something will happen. They are just shorting. Heck, if I could I'd buy at this level just to have it double on any news, why not.

But I think we will hear from the SEC before we hear from any of the GOD's. But then don't some Jersey Boys think they are GOD. I Jersey Princess married to a GOD. What a pair we have leading this company.

Maybe if we piss them off, they will answer.

Sue

the pattern on the top should match over both breasts, I'm sure you can all take a closer look and enjoy.

Sue

That's right, it depends on whether you are looking at the suits or the models assets. Oh well, the only advantage the men who are invested in the stock get now is not the financial assets but the physical assets of doing due diligence for a bathing suit company.

Better than nothing at all.

Just my opinion, but considering that his is supposed to be such "High End" swimwear. You would think that the pattern on the top of the bathing suit would match. Yet, it doesn't. Usually high quality goods take the loss on the material and make sure that the patterns match. Guess maybe that is why we see it discounted on a lot of sites.

Sue

Mercedes Benz Swim 2013 is going to be on 07/19 - 7/23. Maybe IDGI will announce where they are doing their runway show/party this year. Usually we go up on speculation and then once the 8K is announced nothing happens.

So, is this the speculation? We can only hope.

Sue

At least Sky_Trader is good for something. All of a sudden we have a surge in postings. Let's see his other predictions: Oh that's right, according to him a couple of year's ago Stacy was in negotiations to sell the company at what was that oh yeah .08 a share...

LOL he's good for something: controversy.

At this point if they want to buy my shares: Here they are, at least than I would get something out of them, I'm with Matt, I can't even use them for toilet paper right now.

Sue

Accounting firms have audit staff and tax staff. So, that is BS about not being able to tackle it until after April 15th. Financials are financials, you need to have them audited, which means you have to have all the backup and details so that they can be certified. And they would need to give us the year-end financials.

And yes, it is expensive. But take a look at the financials on some really large companies and it is just a drop in the bucket. On a small company it will definately be expensive if you are not making a whole lot of money.

But they need to catch up and until they do, I don't believe half the BS I see coming out of people's mouth's on this Board. And if you are going to prop the price up on nothing then you have a whole lot to loose.

We have seen the articles, the shows, the line of suits and accessories, but until you show people your financials, "you ain't got jack".

Sue

Let me get this straight.
1. We have someone who claims to be EVAN post to the ihub board and we can tell that he is a reader of the board because he can quote some stuff and has had his account for quite some time.

2. Then we take this persons post as being totally legitimate.

3. Now we are depending on what this person has said to rally the stock.


Okay, and how is this due diligence or just more puffing up the stock.

No one sees this as just someone out there who bought shares on the cheap recently and now is puffing it up and then double their money and back right out.

I'll be back when we actually see some filings or the SEC pulls the plug.

Because everything I'm seeing on the board right now is all speculation.

So at this point are we all waiting for them to be de-listed when the SEC says, hey you aren't keeping up with your financials, so we are taking your off the pinks.

And we can watch all we want as they bring out the next line for swim 2013 and party like the rock stars they think they are. But if you aren't bringing in the revenue, yet you keep throwing all these great parties tell me how that is a business.

According to the IRS if you are filing returns for a business, you have to be making money in 3 out of 5 years. If you aren't then you are considered a hobby. Guess this is just Evan and Stacey's new hobby. Then they get to write off their parties. But don't think so. Guess they may be getting a surprise soon when they find out they can't write off the entertainment for their little hobby.

But then they don't think so, they have been having a wonderful time and "investing the money back into the company". But of course those investments consist of some of the best parties that South Beach has ever seen. Problem is, if you aren't throwing bigger and better parties each year, then the "A" list that they like to hob nob with drop you from the invitations.

So, hopefully they actually come out with a line of suits, cruise wear, kids wear and actually make some money. Because even the IRS will throw them into the "hobby" category. If you aren't able to make money in 2 put of 5 years of being in business, your business is considered a hobby and most of the expenses they have been able to claim will go out the window. Maybe that is why they created Therapy. A new hobby to play with.

If he is a poster and posts information on this Board concerning IDGI then he is breaking just about every SEC regulation on Insider trading that they have written.

He would not be writing on this Board, Period, FINAL.

He is a stockholder in IDGI, he is married to the Owner of the company and from what I hear, it may not be for much longer. Anybody else been hearing that rumor???

And he was holding debt on this company that he had converted to stock which is how he becomes a stockholder.

Hit Function +Print Screen and then paste it into a word document That is how you can copy and paste.

Then highlight the document (which is now a picture) and you can crop the document to get rid of any garbage or to show a section that you want them to really see.

Sue

I'm with you, he's her man candy. He looks good dresses up nice and good arm candy. He is not the CEO, although he does have a good chuck of shares in the company. And he knows how to run a salon, but then the salon has nothing to do with IDGI.

Sue

Hope the surgery goes well, will be thinking of him and sending positive thoughts. Just think, we could send him a mankini so he could show off his scars. The nurses would love it.

Sue

They were in SI before the split too. So you really can't say she got us in SI.

She might have retail exposure with her other jobs, but I doubt she would have had anything to do with the accounting side other then doing a budget and making sure invoices were signed off on.

I doubt she did anything more then read the financials for her division. So, this would be all new to her in terms of making sure things are filed and when, which is why you hire an accountant with that experience. And as we have all been told. That costs money. So, do they put the money out right now for the materials needed to make the suits and fill the orders or get the financials done.

I have a feeling we will suddenly get everything all at one time, just like last year. When they have the money.

Sue

But unless you are planning on selling right now. How does someone else selling hurt you? It's better if they sell now then when we finally do get filings. Let them get out now while the rest of us wait. While the shares are down, if you really believe that they are going to catch up on the filings, then average down..

Sue

Well that was nice to see today, except for the fact that he should not have done that in a forum that is not seen by all investors. That should have been in an IR. That was a communication from one of the majority shareholders/owners to investors. So how does that keep your head down from the SEC.

Get the filings up to date that you have publicly stated would be done. Then all investors can see where the "business" is heading. Otherwise the IRS is going to start looking at you as a hobby. If you continue to file tax returns showing no income, then the IRS can consider that this is not a business that it is a hobby. So, how you going to take all those expenses that you run up every year.

Is this a hobby for you and Stacy, you get to host some fabulous parties and hob nob with the wealthy and design some beautiful rags that get seen on some beautiful bodies. And your research can happen at St. Tropez.

If it is not a hobby then get your filings up-to-date and run it like a business. At this point you and Stacy may have a lot of your own money invested. But at one point this stock traded over $2.00 a share and people spent their hard-earned money investing in your company. Yes, it's now down as a penny stock, but people are still investing their hard earned money to purchase this stock. And therefore you have the responsibility to report back what this "business" has been doing recently.

Basically run it as a business and do the reporting or consider yourself one very nice hobby.

Sue

Don't expect to see anything until September 15th. That seems to be normal for them if we go back and look. Just hoping that they continue to follow that trend.

Just back to work today, didn't have power in Southern CT. Still don't have power at home and they are saying that can take another 5-7 days. They turned on the power down by one of the firehouses last night and it was fireworks time with transformers blowing out, catching poles on fire and wires dancing. Hopefully they will get it right today and get more people back on line. Donated all the food in the freezer to the FD who had power, and then helped cook dinner for them last 4 days. At least try and feed the volunteers who have been pumping out basements, putting out poles on fire, going to medical calls with the ambulance. Most of the guys are going on very little sleep.

During the hurricane most of them were on duty and didn't find out for 36 hours what the status of their homes were. Once things settled down, they got a chance to go home and check.

Sue

Hey, the sky is falling, the sky is falling. Let's see the Stock exchange has been doing horribly for the last two weeks, I really don't expect to hear anything from INCA until after Labor Day. I would expect that they were out on vacation and doing research too before the kids went to school, which in Florida, starts much earlier then in the Northeast. I can't imagine that even a salon would be all that busy during the end of August, even people in Florida go on vacation.

So, hopefully we are going to see some activity in September. Until then, I'll be checking posts and not doing much of anything except putting aside some cash to buy some more IDGI at what I consider bargain basement prices.

Sue

I think I'll just go back to lurking...

You can't answer any post here unless you want to RAH, RAH IDGI no matter what the stock is doing.

Supply and Demand move a stock.

Right now there is no build up for demand and it's August and most brokers and traders take the month off and don't return until after Labor Day.

Who's following this stock right now, only the people who have shares.

Feeling that “we own the company more than you” because you are trying to hold up the PPS.That is real presumptuous of you.

Let’s see you are trying to tell the people who own this company and are putting everything on the line to design, arrange all these shows, dinners, sales, fabric choices, and a whole lot of their time, money and sleepless nights into INCA, that the shareholders feel that “ we own the company more than you”.

And you wonder why they get pissed off on what is posted on this board.

Has the heat gotten to you?

Those trades make sense to me, somebody wanted out and somebody agreed to buy their shares at a certain price. Basically they traded shares. They probably waited where no one had any buys out there and put in the sell and buy simultaneously.

Could be happening. And if you were lucky enough to notice when it was happening you got to nibble on the shares.

I'm expecting to see Mr. Lincolm by 4/15/2012. They have to get the year end and quarter end financials in by that time. They will have filled orders and been receiving payment for this year's line.

As to going private, they could have done that back when it was trading at .0003 where it stayed for almost a year. Instead they made the decision to stay in the game. They have been building the company back up and want to be debt free. That will help increase the PPS.

Lurking in the shadows, watching IDGI when I get a chance, took a new job in January and working a whole lot less and getting paid more. And getting more time to play and not work. Been hard getting used to it, but I no longer get up at 6-7 a.m. and sit down in front of my computer and work until 7-12 p.m. at night. This is like working half days.

I've been watching and surprised they didn't put out a PR after the swim show this year, but now that they are totally wholesale maybe they don't feel they need the publicity.

As to SI, they have one swimsuit that is really different from all the other manufacturers and their coverups are different. So, hopefully they will make it this year again with one of those.

SI looks for specific colors and something different from everything else that is out there. I'm sure that is why the mexican print made it this year.

Sue

That's a nice reminder of what they say they have been able to attain. But until they back it up by catching up the financials they have done nothing more then give us empty statements that we can't verify.

It's down to show us the financials and then we can believe you. Release IR's and then we can believe you. We know they can throw a great party and design some fantastic looking apparel. But until they release the financials and show us how they are steadily improving the bottom line, this is not a business but a hobby.

Sue

And any idea when we can expect that. Yeah, just sometime in the future. Without financials showing that revenue is increasing on a quarter to quarter basis, this is going no where. Maybe they really are on the 5 year plan. But they have to start showing that this is a business or the IRS is going to label it a hobby.