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Monday, March 13, 2017 12:30:37 AM
My considerations are geared toward the OTCQB/QX / SEC Filings. Once people see the QB or QX then there will be more "believers" int he company and the stock. As a pink sheet, the growth potential is great. Especially since there is an actual celebrity endorsement and PRODUCTS available.
How many other pink sheet stocks have products but are on "limited runs" or the like? They are geared up for a big sale on Amazon or something and then once they sell out, they are done. Then it is months later they have a second roll out...if one rolls out at all.
The biggest push int he share price will be the Q2/Q3 financials. The REAL kicker for high gear (and the up listing IMO) will be the EOY Financials for 2017 to come out in 2018. This will show what the year has done and get an idea of the trend in sales.
If people are looking to flip this/day trade it, go for it. There is money to be made, no question. I'm taking a back seat ride into 2020+ if the 2017 year end financials are up trending.
I can only see additional brands in the future to be acquired by ICNB if Bellissima turns into a cash cow for them. Perhaps go towards the all organic market with Bellissima being their rock star until something bigger and better comes along.
Of course, this is all in my opinion with more than a touch of wishful thinking. I've said it before and I'll say it again: Wake me up in 2020. I think we will all enjoy this stock/brand for decades to come.
$ICNB Long
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