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In doing DD I noted that earlier in 2016 there was quite a bit of accumulation happening.. look at trading volumes in March, april, may, june, and july of 2016. People were picking up shares in large blocks...it makes sense now why stock is trading so thinly...there are accumulators aka whales out there holding probably 500m to 1b shares. If they have been holding all last year, they certainly arent going to dump shares now! This one is just starting to get a bit interesting.
This is my best guess, as the trading volume back then was not bouyed by big news, just a few PRs that things were in the works.
Make sense to anyone out there?? Is it a legitimate hypothesis?!
No. Will churn thru more 5's and maybe close at 6...people that trade these triple penny's are skeptical. However, this company is unlike most in that it does not have a ton of debt, is actually going to make money, and buyers are still hesitant to jump in. They will be sorry before too long. This one is going places. IMO
They are otc current...need to use Scottrade or E-Trade
Lol. Thin, thin, thin....
Only 309k on the ask.
14 25m
BULLISH ON $IBRC...AMEN TO THAT!!!
You mention CBIS.. they have no earnings, massive debt, and look where they are-stock price is sky rocketing...$ibrc does not have debt, is starting to make money, and more deals in the works!...which one would you like to own?!
Correct, $ibrc...the totally under valued company.
Live long and prosper my friends.
Content!
I'd be connect at a penny... patience will be the key.
Generally on a pump and dump there are paid Ads by the company to email blast to large databases, like ihub to garner more interest. That is not the case with $ibrc. This deal is REAL and is only going to get bigger. It's going to be really interesting in the coming weeks to see how this one performs. Can we get to a penny!? Go $ibrc
Its possible that accumulators of stock are holding...go $ibrc
Hey Mav...you need to get a scottrade or etrade account. Both allow trades and have a real time ticker for $ibrc.
Roger that.
What does this relate to? Please explain.
Lol. Obviously you are not buying into the reality that this company is making money. Best you sell and move on. Check back in two weeks...we will see who was right.
Where will this stock be in two weeks?
Why would he do that? Have you been reading these posts? This stock will be at 001 in a week or two.
I believe it has to do with a lack of confidence in the triple penny companies. Because there are so many triple penny's that are not forthright , hire PR firms to pump up their companies to manipulate the public, that when you get a company like $ibrc that is legit, and worked very hard over the last 12 months to make good deals, people are initially very sceptical. This company is going places and the stock price is only going to go up in the near future. IMHO.
Go $ibrc
Scottrade works as well.
See Post 16429
I would imagine that the margin is about 15%, however, I did my calculation at 10%. Either way the deal is VERY lucrative for $ibrc
copy of post 16429 below:
This is a HUGE deal !!!
Even if $ibrc only makes 10% profit of the $13,000 per kilo, they will profit $1.3m on the first order alone. And another $325k per month moving forward. This assumes that demand stays at 250 kilos/mo...with the "exclusive" type of contract they have, demand could soar!!!
$ibrc is now a strong BUY, IMO
Well on our way to 100m volume!
Well said. This one is set to roll to 001 and beyond. Not much resistance once it pops past 0005...
CEO had been building the company for almost a full year since he took over.
Now the harvest is here! IMO
****NEWS!!!!****
IBRC owns 5,000,000 free trading shares of CBLY
CBLY announced a $7.8m equipment contract today:
Capstone Technologies Group, Inc. Procures Multi-Million USD Equipment Contract
IRVINE, CA--(Marketwired - Feb 9, 2017) - CAPSTONE TECHNOLOGIES GROUP, INC. (OTC PINK: CBLY), through its subsidiary, PPB Engineering and Systems Design, Inc., has signed a $7.8 Million equipment contract with Fasten Group, a subsidiary of Jiangsu Fasten Co. LTD (000890.SZ), who is in a joint venture with Seaspire Advisors, LLC for this transaction. Negotiations with this leading, fiber optic cable company have been ensuing for several months now, culminating in a fully approved and executed contract.
The machines being built for Fasten Group will give the company the ability to produce fiber optic preforms, which will be further processed into fiber optic cable to fulfill the ever increasing growth and demand in the Asian market.
Capstone CEO, Clinton Stokes, III, is quoted as saying, "This opportunity with one of the largest fiber optic cable providers in the world, creates a tremendous launching pad for Capstone and its subsidiary companies. The Fasten Group contract represents an excellent, long-term arrangement for Capstone to establish itself as a leader in this market sector."
And Capstone CTO, Wesley Poff, added, "We are very happy to bring this state-of-the-art technology to the Asian market and look forward to a prosperous and mutually beneficial long-term relationship with Fasten Group, a market giant."
Fasten Group's initial deposit of $2.3 Million has been approved for disbursement to PPB immediately. This Agreement represents the first of many significant revenue contracts for Capstone Technologies Group and its family of technology companies. The market for fiber optic cable worldwide is experiencing a steady increase in demand, therefore Capstone anticipates exponential growth for its group of companies as it ramps up to satisfy the global need for fiber optic cable.
Is there more news coming today? Do you know something we don't?!
131m volume...bid at 3 is 4m, ask at 4 is 31m
I know Mr Ogburn has been working diligently over the past year, since he took over, to secure contracts and make deals happen. I think the shareholders, me being one of them, we be pleasantly surprised at ibrc's success moving forward. Have you checked OTC lately? The stop sign is gone and financials are updated. Buy now, enjoy profits moving forward! IMO
27.98m left on ask
Lol. Need to get the word out...
Hey OTC Knight, $ibrc is alive and well, and starting to move. I know you followed this one for a while...put it back on your radar...
You are off base on this. I encourage you to step away if you feel it's a scam. Do your DD before you make a claim of fraud.
Agreed. Ogburn took over this company about a year ago, working on several deals. Now we are going to see this stock really move. The deals are real, and so is this company. Go ibrc!
This is a HUGE deal !!!
Even if $ibrc only makes 10% profit of the $13,000 per kilo, they will profit $1.3m on the first order alone. And another $325k per month moving forward. This assumes that demand stays at 250 kilos/mo...with the "exclusive" type of contract they have, demand could soar!!!
$ibrc is now a strong BUY, IMO
I believe we will be!
I see 256m on the bid
One million shares is a $200 position.
Looks like you never bought those shares. Don't wait too long and regret it. IBRC is going to move in 2017. IMO
IBRC updated financials (quarterly reports) are posted on OTC Markets...
https://www.otcmarkets.com/stock/IBRC/filings
One can hope so...now the holidays have passed its time for news and movement.
Agreed. 2017 mught be a banner year for $BRC...