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Flashback!
If you bought $1000 of this company's stock when it announced its uplist application in 2018, it would have gotten you about 40,000 shares. Those shares would now be worth about $16. Shareholder value!
Reverse split imminent, just like last time they tried to
"uplist"
You're lying.
The A/S is 2,450,000,000 shares. You can confirm this for yourself on the state of Nevada SOS website:
Go here: https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Search for international spirits & wellness
You'll see this:
“But we also understand that there is a credibility gap that needs to be closed.”
Understatement of the century LMAO
I'll slow down. Try to keep up:
The company just put out a PR announcing it has "Book[ed] Major Purchase Order for 400 Cases of Besado Tequila"
You seem excited about this, presumably because you assume that it is true and the company is not simply lying or misleading you to help note holders sell shares.
I am pointing out that, previously, the company has announced major new contracts or purchase orders, and then later (after billions of shares are dumped) it has turned out to have been an apparent lie.
Here, I'll use pictures since you seem to like those.
Here's what the company announced in the second quarter of 2016:
Here were its revenues for that quarter:
Here were its revenues the next quarter:
Here were its year-end revenues for 2016:
Here were its year-end revenues for 2017:
WHAT HAPPENED TO THE $400k-PER-QUARTER CONTRACTS?
We never found out.
"That was the past!" you say.
Well here's what the company announced during the first quarter of THIS YEAR:
And here's the company's revenues for Q1 2019:
You're reading that right. It says TWO THOUSAND ONE HUNDRED AND FORTY TWO DOLLARS.
WHAT HAPPENED TO THE $115k PURCHASE ORDER?
So before you get too excited about the new PR, take a minute to look back and realize that it's almost certainly a lie.
“For one to think that a sub penny stock would climb to 1.37 is being naive at best, however for one to think it would sustain 1.37 with out paying dividends is ridiculous.”
No silly. I’m not talking about the share price.
I mean that if you bought $1000 of stock in this company when it announced its $400k-per-quarter revenues, your $1000 of stock would now be worth about one dollar and thirty seven cents.
”But a good encapsulating argument can be made around the company’s most recent press release – out this morning – in which it announced yet another major new purchase order for its award-winning Besado Tequila.”
Yes you should always trust and believe in Alonzo Pierce’s press releases announcing big purchase orders.
Some history:
In the second quarter of 2016, this company put out a PR that was headlined: “ISBG Signs Agreements to Deliver Approximately $400,000 of Its Flagship Tequila Brand Besado per Quarter”
The PR claimed, among other lies, that
Well that didn't take long. There's the .0002s for a new all time low. Still not bottom though.
.0002s imminent IMO. Company just recycling old PRs to try to stop the bleeding but there's too many billions of shares to be dumped.
Bless your heart, you’re new here. Might as well wait for .0001 though if you plan to buy lots of shares. Good luck!
“OS is still about the same.”
Maybe since yesterday.
It’s gone up about double from 540MM to 940MM since July 1.
March 1 it was at 317MM
Feb 1 it was at 218MM
Jan 1 it was 120MM
A year ago only 50MM
That was after the 1:255 reverse split that happened after the last time it hit no bid with billions outstanding.
History repeating as we speak.
CEO has stated lots of things over the years. They never happen. What does happen is massive note conversions and then no bid.
Pro tip: when ISWH releases a PR it nearly always means that a big note conversion is imminent.
Why not wait for .0002s? Shouldn't be long now. Then you can sell them all at .0001 for a nice little tax write off!
Looks like the Brian Conway exit scam is complete.
You trade OTC stocks and rely on OTCMarkets and don't know where to find the actual O/S registered with the state of incorporation? Must be fun.
Anyway, Pierce updated the OTCMarkets stats the day before he raised the A/S by another billion and a half shares, so that investors like you would think the A/S was maxed out and thus there could not be much dilution to drive the stock lower.
If you want the actual current share structure information, you can go to the official Nevada SOS site here and search for "International Spirits":
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
There you will see that, as of yesterday, the A/S is no longer 950MM, but rather it is now 2,450,000,000, giving that big note holder another 1.5 billion shares to dump. I would expect some tweets and PRs soon touting unverifiable forward-looking statements about great things that are coming soon. I would also expect .0001 in the not-too-distant future.
Up next: “The company would like to assure its loyal shareholders that the increase in authorized shares was done so that the company can pursue valuable acquisitions, which the company expects to announce soon.”
Up after that: 1.5 billion shares converted and dumped until no bid.
Up after that: “The company is pleased to announce that it has begun preparing to engage in the initial phase of discussions about a potential new acquisition that the company expects to possibly be able to announce soon. However, in order for the company to move forward with the acquisition discussions, the recent 1:250 reverse split was necessary to enable the company to bring value to its loyal shareholders, and totally not to enable us to pocket more cash from note holders while we pretend to be running a business and make press releases to entice our loyal shareholders to pay our debts.”
R/S won’t come until after they raise the A/S and dump a billion or so more shares onto the market while announcing that they have “no plans” to reverse the stock
“Our filings will reflect how every quarter we continued to grow as we intended to do.”
2/3rds of the way through Q1 they put out a press release saying they were upwardly revising their $300k revenue projection for Q1 based on CBD sales “exceeding expectations.” A couple months later they filed Q1 financials showing about $2,100 in gross revenues for Q1.
What’s on tap? A few ask hits to draw in buyers then 40-50MM shares getting dumped into the bid?
So an average Thursday at ISWH then...
Yep. Definitely big notes looking to convert right now.
Well for one he tweeted that the $50k note that passed its rule 144 holding period this week was just a “rumor” even though it’s in the filings, and then said it can’t convert anyway because you have to wait two years to convert debt on a non-SEC filer.
Oh also they’ve been tweeting for months how great their CBD sales are and then just put out a PR announcing that they intend to “resume” sales of CBD despite never saying they had stopped.
The show continues...
No that is not correct.
This is a share selling company, with the last reported float around 360MM, u til they gagged the TA and then dumped a few hundred million more shares. I/S close to the A/S now, expect an increase soon.
That’s the same thing they said when this was at .02 and there were under 100MM shares
O/S and float have to be close to 800MM or so by now. Company gagged the TA before the big dumping started In July though so no way to tell for sure.
A/S raise is in the near future IMO. Then billions of shares dumped in the .0001-.0003 range before no bid and eventually a reverse split.
You know, just like last time.
News=big dumping coming if history is any guide.
But remember, the company says that $50k note that’s in the filings and just passed its Rule 144 holding period last week is just a rumor!
Resume? That’s weird, as they never informed shareholders they had stopped.
Yeah but think how many *more* shares that could print and dump if they were actually competent ;)
We don’t like seeing fraud perpetrated on the public by unscrupulous companies, and the SEC is MIA. Not that hard to understand, really.
Don’t forget “incompetent.” That’s a big factor too.
few things in ISWH's financial disclosures are accurate or clear, most of all the share structure numbers.
Current authorized is 950MM. The last reported O/S before Alonzo gagged the TA is from 6/28, when it was around 540MM. There was a LOT of dumping in July and August -- my guesstimate is that the O/S was up to around 750MM or so by the beginning of this month. Now I would guess it's closer to 850, so not a lot of room left when conversions are happening at .00025 (not to mention that the financials showed a bunch of shares being converted at .0001...)
Not to mention we don’t exactly know where the $850k or so in cash he received from the notes was spent...
Obviously it wasn’t a coincidence that the company silence breaks and the tweets ramp up and two PRs come out a few days before the maturity date.
A/S raise coming soon...