I Can't Feel My Face
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Cool man. GLTY always.
Sounds good. Check on this one as well...
Richard DeCicco
9:42 PM (50 minutes ago)
to me
xxxxxx,
You are not bothering me at all. I just don't like people spreading rumors or falsehoods.
We are as real as they come.
Thank you for your support.
All the best,
Rich
If you want to share it yoy may by all means.
No idea where he is. But damn gracious of him to knock that out on his phone or whatever while celebrating a cool event for him and his family. Seems like a good dude.
lol cute.
lol @ "we."
Thanks June. Just my opinion on the product. Others may differ. I would imagine homemade strawberry wine could easily go wrong. Boones Farm was my first drunk, but I know you are imbibing far better than that.
Indeed Lagunarad. Yes to your yes!
Concur. That is how I am approaching it as well. Unfortunately I bought it in my day trading account instead of in my swing/longer hold account so I am forced to watch it all day every day. If I had my druthers I would have bought it in my longer term holdings account and checked up on it once a week or so. I was flipping this for awhile, but now have decided to just let it play out. We will retrace from time to time, maybe even this week (or maybe not), but those present great buying opportunities iMO. I don't put much stock in some of the more fanciful projections that get knocked around here daily - I think most are ill-informed of the industry, but in my humble opinion this is a solid play. The chart is going in the right direction, the CEO is working, Brinkley is with us, the market is hot, the product is real. As OTC plays go - solid IMO. I see no reason why we can't continue to steadily create higher highs and lows. GLTY. Off to the Keys for the superbowl.
"Not a whole lot" is qualitatively different than "no discernible" difference. Relative to some other red wines, Malbec is is a grape that does not lend itself to a "whole lot" of vagary but yet there are many relatively more expensive Malbecs that sell quite well. I agree that price point is important, but where they are now is not very far from where they need to be IMO. They are not stupid, they have done the market research and I imagine their price now is strategic to separate themselves from the swill. It wil come down if needed. And in any case, I would easily spend $2-3 more for Bellissima if it sustains its quality than something like Ruffino or Parini or even Mionetto. Only time will tell if the market agrees.
No worries. I leave the penny stock "experts" to quibble about RSIs, gaps, fibonacci retracements, valuations, projections and the like. But from a pure product standpoint, in my estimation the prosecco is quite good and quite competitive. A key from an industry standpoint, will be how it is ranked/rated by a place like Wine Spectator. While, like I said, prosecco does not lend itself to GREAT deal of variation relative to other wines, if it were ever reviewed positively by WS or a number of other places it would gain a bit of instant credibility among "wine folks." No big deal in the short term, but down the road that would be something to watch for. Luckily with her Christie Brinkley's name cache, it will be on their radar when the time comes, as they already mentioned her earlier last year (as most everyone has seen by now):
http://www.winespectator.com/webfeature/show/id/New-Wines-from-Drew-Barrymore-and-Christie-Brinkley
Amazing. I think we are just seeing the beginning here. HUge upside in the coming months IMO.
You are welcome. But as I said, the notion that "prosecco drinkers are not known for the sophistication of their palates" is a ham-fisted, rather old fashioned perspective. One only needs to peruse the pages of Wine Spectator or other leading wine industry periodicals to realize that people that once turned their back on prosecco as poor man's champagne are enjoying it for what it is these days. Much in the same way Chianti was simply associated with mass-produced junk in whicker basket bottles served on every red/white checkered Italian dive joint in Jersey, Chianti eventually became much more appealing to wine aficionados and has largely shed that type-cast that it had gained in the 1970s. While the view you are propagating may have held water 15 years ago, prosecco (along with Cava and even sparkling wine) is now enjoyed and coveted by many people who easily could afford and still enjoy champagne. If Bellissima markets well, keeps their quality relatively high, and keep their price in a good spot, they could become a much more favorable alternative to the La Marca/Ruffino stuff (but that is a long way off granted). Prosecco and cava have turned a corner in recent years and its appeal goes well beyond wine-morons with "unsophisticated" palates as you put it. For example, and while completely anecdotal, my household could afford to drink almost any champagne for the holidays that we wished, but we served Ca' dei Zago prosecco (at about $21 per bottle) this year at Xmas - it was quite nice, unassuming, interesting, new, it actually felt good turning away from the usual. I think many are doing the same and would recognize Bellissima's potential quality over lesser proseccos if it could sustain its mojo.
It is good. In truth, there is not a whole lot of variation among Proseccos- they are simple, fun, un-nuanced, festive wines much in the same mold as Cava from Spain. They, of course, rarely, if ever, can compete with Champagne but they do not have to and in many instances can be more approachable than Champagne. They are usually significantly cheaper than Champagne (i.e. from the Champagne region in France), less rounded and smooth, slightly sweeter at times, and do not carry with them as wide array of notes from the terroir (read individual characteristics due to climate and geology of where they are grown) as Champagne. Again though, Bellissima, or any prosecco, does not have to compete with expensive, heady, Champagne. The Prosecco and Cava market is hot now and that won't change as consumers look beyond the champagne aisle. While champagne will always be king, i have found it perhaps even more fashionable, sexier if you will, to serve cavas and proseccos in place of champagne at events - especially if the crowd is younger, fresher, slightly more hip. But even older, more mature folks are embracing economical cava and prosecco I have seen lately.
Indeed, I have had some rot-gut Proseccos and most of the easily acquired stuff pedaled in USA markets is borderline at best. The bottle I had, I think compared favorably to Parini and Ruffino and La Marca - some of the most easily attainable large-scale prosecco makers that sell in the American market. These usually can be found in Wegmans, Publix in SE Florida, Total Wine, ABC I believe etc. With that said, there are some amazing proseccos out there that I have tried which I would say were slightly better but also more difficult to find in the USA depending where one was located and more expensive often. But again, Bellissima does not have to compete with Italy's best prosecco, especially if it keeps the price where it needs to be. The organic angle to me is just a selling point and I would not ever consider that when buying a wine of any kind, so I cannot speak to how much that will , or will not, add to the value. Generally, in my experience, being in the the wine/event industry people do not really care whether a wine is organic or not.
I cannot speak to the non-sugar or sparkling wine versions. In total, Bellissima prosecco was a very good, if not a spectacular prosecco, that I found to be superior than most of the wide-spread, easily attainable swill that dominates the USA prosecco market. I think at $19.99 it is slightly overpriced and as we go forward I am seeing it being sold at a better price point - slightly above the swill and slightly below more exemplar variations within the class. $14.99-15.99 is where I would see it settling rather well imo. It is a good product - one that I can definitely see becoming more of a household name than the Parinis, Ruffinos, La Marcas (if production ever could rival those). The bottling is sexier, the presence of someone like Christie Brinkley has appeal to many, the story appeals to Americans, it is a sexy concept which, if marketed correctly, could become a great alternative for younger folks who are not necessarily snobby oenophiles. In the end, it does not have to compete with Italy's greatest Proseccos (although, as I said the differences in prosecco are rather thin to begin with) to be VERY successful. We may wish to drive a Ferrari, but you would be wealthier if you owned Honda.
As I mentioned, I have been in/around the wine industry for almost two decades. I have blogged for, and reviewed wines at one of the biggest wine-reviewing periodicals in the country for a time in graduate school. This is not to toot my wine credentials, I am no James Suckling or Robert Parker by any means, but simply to say that I have bought here relatively heavily and settled into holding this recently. If I didn't think this could capture a portion of the USA market I would not have bothered. Now how ICNB eventually profits, how the company is managed, how they treat shareholders is a different animal that I have no bearing on. But the product itself, as a prosecco, - IMO stands in a very good position and there is nothing to worry about on that front as long as quality control remains high (which it will I believe) and MOST IMPORTANTLY if production can meet demand. There are a lot of great wine stories out there that fizzled in a few years because they simply could not bring enough wine to the market (a bad weather season, fungus, bugs, poor quality control, poor marketing, bad distribution, etc).
Would love it to drop down to that .020 level again next week. Would create a buying frenzy.
$SGMD #5 on Breakout Boards -
(not that it means a whole bunch, but will take it)
$SGMD 8K out Friday. Cannabis storage patents:
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11818534
On February 1, 2017, The Company signed a Letter of Intent with Canna Active Packaging, Inc. for use of various issued and pending patents pertaining to the storage and preservation and of cannabis and products containing cannabis, in addition to the application of food safe anti-microbial systems to treat cannabis and products containing cannabis for pathogens.
$SGMD 8K out Friday. Cannabis storage patents:
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11818534
On February 1, 2017, The Company signed a Letter of Intent with Canna Active Packaging, Inc. for use of various issued and pending patents pertaining to the storage and preservation and of cannabis and products containing cannabis, in addition to the application of food safe anti-microbial systems to treat cannabis and products containing cannabis for pathogens.
$SGMD 8K out Friday. Cannabis storage patents:
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11818534
On February 1, 2017, The Company signed a Letter of Intent with Canna Active Packaging, Inc. for use of various issued and pending patents pertaining to the storage and preservation and of cannabis and products containing cannabis, in addition to the application of food safe anti-microbial systems to treat cannabis and products containing cannabis for pathogens.
Agreed. This one should push through resistance at .14s next week and make a play to .20. And still flying under the radar. When we get a huge volume day, massive move in the works imo.
Two 8Ks Out EOD:
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11818534
On February 1, 2017, The Company signed a Letter of
Intent with Canna Active Packaging, Inc. for use of various issued and pending patents pertaining to the storage and preservation
and of cannabis and products containing cannabis, in addition to
the application of food safe anti-microbial systems to treat cannabis and products containing cannabis for pathogens.
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11823874
As of February 3, 2017 the Company accepted the resignation of Waylon Huang. There were no disagreement of any kind between Mr. Huang and the company.
Dumpage Tier:
Tier 1 - Massive Dump
Tier 2 - Normal Dump
Tier 3 - Subtle Dump
Apparently we are experiencing a Tier 3 at the moment according to Broncomya.
A $97 sell @.0081? So lame.
Agreed Brother.
This is definitely being kept under 14. All day big blocks show up at 14. We would have blown past it today if not for those. Probably better in the long run. It won't matter eventually.
14s definitely our resistance for now. Who dumps 300K shares on the bid when they could have sold those at 139 at the least. Untrained pot monkeys. Lets break this 14 by EOD.
lol what a POS.
Yes indeed. But I fear then she is going to want .013 next week, then .015, then .02 in a month...she is so demanding.
Block sells continually just under .14 resistance today. Real amateurish trading or maybe its being kept there on purpose for the time being. Clearly pressure is building.
Very true. Especially in recent years in the OTC where "sell on news" has become a bit pathological, thus creating a mantra for dumb-money even in those cases where it does not make sense to do so. Many times, in solid plays such as this one, the dumb-money sells on news only to re-enter a few days or a week later above where they sold. A constant cycle of "I heard that I am supposed to buy the rumor and sell the news so I will whack it" followed by "oh what I have done, it is still going up."
More updates coming in weeks ahead it looks like:
https://twitter.com/LockInProfit
Friday snoozer so far.
Milly buy @ .028?
$SGMD Huge Canna Play. Patents.
http://finance.yahoo.com/news/sugarmade-utilize-patents-create-cannabis-130000240.html
$SGMD is looking great.
Patents.
http://finance.yahoo.com/news/sugarmade-utilize-patents-create-cannabis-130000240.html
$SGMD Huge Canna Play. Patents.
http://finance.yahoo.com/news/sugarmade-utilize-patents-create-cannabis-130000240.html
$SGMD Huge Canna Play. Patents.
http://finance.yahoo.com/news/sugarmade-utilize-patents-create-cannabis-130000240.html
Better get in before that .20 break that is coming.
What a great play here and much more to come. Trading nicely.
Oh I am ready for the nuts. $QEDN
So much upside here after digging into it further.