Longs have not bailed. Volume on red days has been minimal, look at the volume bars on down days. Besides, many buy transactions have gone through on the bid side. This one is in a holding pattern and is capped off at .059 by someone. If longs started bailing, you would notice it. These are just impatient flippers.
Now that we are current, the anxiety moves from expecting filings to expecting news/updates. Longs are just chuckling at the commentary going back and forth among a few investors who do not have patience to see this play through. For someone who has a vested interest in this company, they sure do love to make posts that hurt their position. If you are invested and have nothing positive to say, sell it, rather than drive the momentum down with continuous negativity. Never satisfied. The price will take care of itself soon with the release of corporate updates/news. And why are we whining about the packaging division? Richard has been spanning the globe in the past year setting up United Spirits LLC and it's distribution line. Don't tell him how he should focus on certain aspects of the business and not on other areas. If it brings revenues to our bottom line, why not? Besides, licensing patents does not take much time and effort, does it? And it can be lucrative. He has helped Bailey's, Skyy Vodka, and J&B Scotch:
Richard J. DeCicco has served as our President and Secretary and as a director since May 2007. Mr. DeCicco served as President of Harbrew New York since its inception in September 1999. For more than 30 years, he has been a senior executive and thought leader in the wine and spirits industry. In addition to having been the national provider for The Paddington Corporation brands through the 1990s, Mr. DeCicco pioneered what is now known within the field as Value Added Packaging. Mr. DeCicco’s creativity, market savvy and brand development knowledge has dramatically increased sales and brand recognition for Bailey’s, SKYY and J&B Scotch.
He holds a worldwide patent by the way.
Most longs are waiting, watching, observing. ICNB will be in beast mode soon imo.
