Replies to post #78766 on Inca Designs, Inc. (fka IDGI)

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Good Morning All!!!

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Conspiracy theories abound…but NONE have proven true.
Here is just a small sample.
1. The company is going private. The company is going private. The company is going private. The company is going private…ect…ect
2. The company is trying to drive the share price down but their efforts have been stymied by “cheerleader” type posters here on I-Hub.
3. This board is helpful in many respects, but it will not determine the success or failure of Inca.
4. Everyone that has first hand knowledge of this company is getting out and dumping shares leaving the common investor holding the bag.
5. Stacey and Evan are getting a divorce.
6. VF Corporation buyout of Inca Designs.

The more often this trash gets posted the less believable it becomes.

Go IDGI

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"IF-key word,IF" Isn't facts...lol

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Haydro, There is no more certain way to destroy the share price than dilution.
If they were to do a couple of Reg-D filings for say 500,000 shares each filing over a couple of years, the price would easily drop to the triple zeros most likely to $0.0001. So rounding the share count the math makes it clear:

2,000,000,000 X $0.0001 = $200,000 market cap with dilution

1,000,000,000 X 0.0025 = $2,500,000 with current O/S

If our average share price for the year is around $0.006 then:

1,000,000,000 X 0.006 = $6,000,000 / OS per share buyback

If they had wanted to, they could have driven the price to $0.0001 and then bought back the remaining % they didn't already own for less than $100,000k.

Good luck to All

$Go Inca