$1.50 x 52,000,000 shares = $78,000,000.00 Back in 2007.
NOW: $78,000,000.00 / divided by 716,000,000 shares now =00.11 cents a share.
So right now like were all saying, IDGI is WAY undervalued.
INCA name has been see by more eyes in the last 12 months then in it's history.
When the 52,000,000 existed, Mrs. Josloff ONLY had 13,000,000 or 1/4 of the shares. See 8K May 21, 2007, page 22.
NOW she has half, or 360,000,000 shares. So now she has more control over it.
Inca NOW has a store in Miami which will do 50 times the retail the NY store did.
Inca NOW has been on NBC twice this year alone!
Inca NOW will have it's own on line shopping 15 November 2009.
Inca NOW did it's OWN show this year.
So, NO, $1.00 is NOT pie in the sky. When Hirsch was still around and before ALL the above I pointed out, Inca had a 591% increase in sales. What will it be NOW? With RECORD SALES at the 2010 Swim Show!