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I've been thinking about why CB would want to get involved with a micro-penny stock...
The best answer I could come up with was because it's a GROUND FLOOR OPPORTUNITY!
How many times do you as an investor get a chance to be in on the ground floor of anything like this?
Can you even name any other stock on the otc being endorsed by somebody like her?
Something to ponder...
Not sure about everybody else but, I feel pretty lucky!
I really do not understand how it seems like nobody is really excited about this stock... especially because there appears to be quite a lot to be excited about... to me anyway.
Nobody's happy about today's higher close?
Go DDDX!
Clearly not the case according to this Entrepreneur Magazine aritcle:
https://www.entrepreneur.com/article/207058#
Besides, a car loan is a toxic loan by my definition, not a business loan that helps you to grow your company.
You would thing the Fed leaving the interest rates unchanged would help ICNB in case they need to fund any of their purchase orders short term because they appear to be growing so fast.
You would think the Fed leaving the interest rates unchanged would be a good thing for DDDX moving to more conventional lending.
Seems like this isn't going to move unless more people get excited about it...
Who knows exactly what it takes for that? Sometimes even a really good PR doesn't bring enough excitement to get this to where it rightfully appears to belong (in my opinion).
Waiting patiently long (pun intended) ...hopefully it won't be too much longer, though.
You could be right... Looks like being a note holder could potentially pay off handsomely depending on the terms agreed upon.
On the other hand, it's always possible to lose all of your money if the borrower cannot pay you back.
A scenario I can think of that might fit is if somebody is heavily invested in DDDX and wants to sell some of their position to buy something else without destroying the price of their remaining shares.
Actually, looking back, it really seems to have started with a big jump up at the end of May.
These otc stocks appear to move dramatically without rhyme or reason sometimes.
According to this, it can't even be done if you are not a MM or if you are a US citizen:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=46978308
You would think the price would have to be too high for this to be buy on rumor, sell on news, right?
It does seem to me like there isn't very much interest in this stock at the moment for some reason.
Does anybody have any idea why the stock price would be down right now on good news?
It doesn't make any sense to me because this company seems to be doing so well...
I'm pretty sure most of the people who may have invested in Amazon in 1999 would be pretty happy to still have that stock today, even if it had gone down in the interim.
$1,000 then would be like approximately $1,470 today dollar for dollar...
https://www.dollartimes.com/inflation/inflation.php?amount=1&year=1999
But... if that money was invested in Amazon shares, it would be worth close to ten times what they had invested (give or take depending on the day). This would be around 5,000 percent simple interest on their money... if I'm doing my math correctly.
Admittedly, the people who invested in Amazon in '99 are probably not the same as the people investing in penny stocks.
I'm wondering how you arrived at that price valuation?
Here's an excerpt from a 2009 Forbes article about valuing stocks:
This must be why it's more difficult to get...
The pricing on it should be higher for the Zero than the other two. I believe many people would be more than willing to pay extra for this organic zero sugar.
According to the Prosecco Club, the process of making prosecco can be done in less than 2 months from start to finish.
http://www.prosecco.club/portfolio/how-is-prosecco-made/
Actually, it will be a big deal if they get to sell on Amazon because wine is one of Amazon's restricted items. It can be sold on Amazon only if approved, which is a good thing because nobody could undercut their sales there.
https://services.amazon.com/services/soa-approval-category.html
Something seems amiss with this idea...
Why would any chain of over 1,100 stores ever sell anything that was not market specific in only six of them forever? It would not be very cost effective.
Of all of the possible scenarios, this one seems to be the least likely to me.
Perhaps there was some sort of misunderstanding.
Any idea of about what our shares might be worth if a similar buyout were to take place?
It seems like an inopportune time to use the word failed.
I believe in order to fail, one must give up and quit. This does not appear to be the case here. In fact, it appears to be quite the opposite.
As far as I know, nobody is forced to invest in any company (or to even keep any of the shares they might own) if they disagree with the compensation of the officers or anything else.
The cost of living in Amityville, NY is quite high. Well above average for the US.
http://www.bestplaces.net/cost_of_living/city/new_york/amityville
I'm not sure how many people could last without any salary for long.
Expecting people who start a company to either be independently wealthy or to take a vow of poverty would greatly restrict the number of people who would be available to take on such a task.
Running a company is not for the faint of heart.
Wow! This is really starting to sound like a real international brand...
United States
Canada
UK
Asia
Australia
New Zealand
Am I missing anywhere?
Stands to reason...
If the Costco test goes as well as the Publix test... I'd love to see it rolled out to my Costco store (and the rest of them) this fall!
Still seems like a good deal to me...
You'd think this news will bring in more investors to make the price of the stock go up to where it rightfully belongs.
Quite obviously, their 6 store test was a fantastic success for them to decide to roll it out to all of their stores!
I'd hardly call getting into the Canadian market a debacle (which actually means a complete failure). Perhaps you meant to use another more appropriate word like triumph?
Obviously you cannot sell in a country until you are officially allowed to.
One step at a time in the correct order.
Step 1: Applied to be permitted to sell LCBO
Step 2: Permission granted
Step 3: Get prepared for the sales. (Get pre-sales purchase orders, create stock with Canadian labeling, etc.)
Step 4: Start actually selling in 2018 and fulfill orders.
Steps 5: Bill and receive payment.
Watch ICNB stock SOAR!
I wouldn't think any municipality would grant permits of this magnitude to a company they didn't think could perform.
IF it gets that low again before it takes off...
Unfortunately, I've missed out on big jumps before because I sold and didn't get back in soon enough again :(
No guarantees for sure.
I'm only saying it looks to me like the balance sheet is improving.
Annual list filed today. Not in default as far as I can see.
Thanks, I see that... Of course that number is the same from the previous balance sheet...
At the same time, so many other numbers are quite a bit better... Are you sure you want to stick with your worst ever balance sheet statement? It doesn't look that way to me.
It appears to be moving in a upward direction.
Where are you getting any information that says the loans are in default?
Please site your sources.
Thanks
I'm wondering if you are saying you thought the prior MMEX balance sheet was prettier than this one?
Agreed... Can't be held down forever... Gotta be strong, long, and singin' a song...
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Not how it looks to me... Looks like you might be trying to buy more on the cheap.
Not shakin' me out of this tree... Not a weak hand!
My hand is long and strong and holding on.
Go DDDX!
Speaking as a person who has dabbled with fermenting, I can totally appreciate your attention to detail.
While CB may not be as interested as you or me in learning about how this sparkling wine is made; she's probably spent an hour or two figuring out how it tastes to her.
I'm guessing she likes it.
Hi yankee2 (and anybody else who would like to chime in too)
I'm wondering what you think about the Zero fizz:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134490555
Is it fun?
This marketing principle has stood the test of time. It's probably even older than I cited.
If something works, don't fix it. Simply update it to fit the era you are in.
Remember there is nothing new under the sun.
Nice article. Very informative. Thank you for posting it.
(Too bad they did not include Bellissima.) ...Probably because the article is from the UK and over a year old (well before Bellissima had been rolled out in very many states).
I agree Bellissima Zero is unusual because it's organic with no sugar championed by CB ...I do think those things combined make it pretty special.
Unfortunately, I have not had a chance to taste it yet. We've had the other two and agree the Rose is our favorite, slightly edging out the Brut.
I'm thinking the point the article brings up regarding the taste of no sugar champagnes does not apply here because several people on this forum have stated it is their favorite. (I'm hoping it will be our favorite too.)
Maybe they will chime in if they think it's a fun fizz or not.