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Low float and hot sector...see what tomorrow brings GLTY
binary catalyst for Thursday, count me in
Agreed, now that the O/S is so high this is not attractive anymore
I will wait until after the inevitable reverse split to buy into this as I believe that will be part of the "consolidation" mentioned in today's news
IMLFF underdog medical/synthetic marijuana play, undiscovered CVSI, if this sector takes off it could be a solid play
They did this last year and it wasnt a big deal https://www.otcmarkets.com/stock/ICNB/news/Christie-Brinkley-Introduces-Bellissima-Prosecco-and-Bella-Sprizz-at-Total-Wine--Spirits-in-Westbury-NY-On-Saturday-Sept?id=205355
wow Rich makes it sound like a reverse split and a S-1 shelf registration are good things https://www.otcmarkets.com/stock/ICNB/news/Iconic-Brands-Inc-Announces-Capital-Infusion-and-Elimination-of-Debt--ICNB-Significantly-Improves-Cap-Table-and-Strength?id=205109
As a result of the reverse stock split, there will be approximately 296,000 shares of common stock outstanding 296K..thats all..at this super low price. this thing could move on air
"On September 14, 2018, we gave notice to FINRA that our board of directors had approved a 1 for 100 reverse split of our common stock, to be effective on October 19, 2018 hopefully they will read this excerpt
Not many shares were traded yesterday but we did see that 9900 percent increase in the stock price as I predicted
RS coming, it's in the proxy statement why would anyone ever buy this ahead of a reverse split
I predict we will see a 1000% gain in NOHO tomorrow, wish I could have bought some of those 00005s today, someone was lucky
Yes but harbin pharmaceutical group is still a actively investing in U.S. companies
Michael Gelmon, CEO of Novation Holdings, Inc. “It has been a pleasure to have been working closely with the fine people at Yaoliu Health Technology (Shenzhen) Co., Ltd., and am confident that this new business relationship will add great value to the Company and its shareholders in the near future.”
https://www.google.com/maps/place/Harbin+Pharmaceutical+Group+Yaoliu+Health+Technology+Co.,+Ltd./@45.773539,126.606811,17.4z/data=!4m12!1m6!3m5!1s0x0:0x2dbc7f6bd2375228!2sHarbin+Pharmaceutical+Group+Yaoliu+Health+Technology+Co.,+Ltd.!8m2!3d45.7728!4d126.60867!3m4!1s0x0:0x2dbc7f6bd2375228!8m2!3d45.7728!4d126.60867
https://seekingalpha.com/news/3390066-gnc-rockets-landing-harbin-deal-clearance I see China-based Harbin Pharmaceutical Group is still strongly investing in american companies, how long until they announce the finalization of their ownership of NOHO ?
I hear that, only a 1.2 million market cap with a 49 million float and entering a super hot sector, count me in GLTY
I wondered how long it would be until they hopped on the bandwagon, now we know
LAS VEGAS, NV, Sept. 11, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- International Spirits and Beverage Group Inc. (OTCQB:ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits market, is excited to announce that it has signed a letter of intent (“LOI”) with Canbiola, Inc. (OTCMKTS: CANB) (“Canbiola”), a U.S. Company specializing in the sale of premium CBD-based products, for CANB to provide hemp extracted CBD for inclusion in our new line of CBD-infused alcoholic and non-alcoholic beverages, as well as CBD Chews, for sale in North America.
In line with a wave of recent strategic investments, the Company is convinced that the CBD-infused beverage market represents an enormous opportunity within the CBD and craft spirits twin booms.
“This has become the hottest new thing in terms of strategic investments,” commented ISBG CEO, Terry Williams. “Everyone is starting to see the same thing right now, and we deeply believe that a relationship between ISBG and Canbiola will allow us to set ourselves apart from our competitors.”
The LOI contemplates a process during which the two companies will hash out the precise details of a definitive agreement, whereby ISBG will draw upon its vast stores of knowledge and experience when it comes to taking a variety of ingredients and suppliers and producing a high-quality bottled beverage of complex composition with a branding advantage, and Canbiola will provide CBD in a form and through a process that integrates into that picture effectively.
Marco Alfonsi, Canbiola CEO, added, “The market for CBD and CBD related products is growing at an exceptional rate, fueled by consumers’ increasing awareness of the effects and benefits of CBD. Canbiola manufactures what I believe to be the finest proprietary CBD products on the market today, and I expect that quality to cross over to this new line of products. I look forward to this relationship and its vast potential.”
Additional details on the definitive agreement – once it is negotiated and entered between the parties – will follow.
$2.5 million in "goodwill" plus $4.5 million in debt accounts for the whole "valuation" of the company, and on super old news. Nice pump job, i missed out on this one. GLTY
"Goodwill" accounts for 2.7 million on the balance sheet....what is that?
https://www.otcmarkets.com/filing/html?id=12821414&guid=MaeEUFXCNXrig3h
News is over a year old
What news is coming next week?
NITE now has a masked buy order at 16.5 it has been hit a few times but never changed. Someone is getting ready for the upcoming spikes in this sector.
Yep got filled then they were gone
I will take those 16.5s
I grabbed those 17s but the hidden size on the ask did not change, oh well, we will do GREAT soon GLTY
Yes it seems it has, TA usually works wonders GLTY
Looks like they have retail scared on L2 and stealing all of their shares for cheap. Next break above the SMAs should begin the run permanently
first green day today is not out of the question
Had to pick up those .17s on the ask, looks like good support level here for the next leg up into upcoming catalysts
NITE has moved up to .29
GLTY if today ends up green this should be the beginning of the pot sector stock spikes.
also looks like .272 is the new higher low on the daily chart, ready for the next leg up
I believe all pot stocks will spike up into the 2 upcoming catalysts (Canadian and us legalization) just like they did last year, no matter how much of a scam they are, but people know POTN is a past runner so it will definitely spike. GLTY
we are still technically in an uptrend, just a cooling and consolidation phase.
Chart looking bullish indeed. POTN has real products selling and the hype building in the marijuana sector will easily blow past the minimal dilution overhead in the coming days GLTY
Excellent find, I didn't realize that Bill's got Passed at intermdeate times between the major voting dates. Or that the float was only 18.7 million
Well you've usually been right in the past it's just a conservative estimate. I see that October 17th is the Canadian legalization date and November 6th a lot more states are on the ballot to legalize but I'm not sure about the farm bill but it seems like hemp is an extremely lucrative product for all kinds of manufacturing purposes I'll do some more research into the farm bill tonight just for my own knowledge GLTY
looks like people like to sell out their position on Friday in case any bad news comes out over the weekend I took advantage of that and bought the dip just at the end of the day Friday. We probably won't see the hype this year that we have seen last year but we should get at least a good 30 to 50% run up in the next few weeks