Thanks for the detailed response! Now thats what I call DD!
Although I cant say for sure, it sounds as if his posts sway with the breeze.
Again, great job on that DD.
When people do this, their posts become highly unreliable. Which, if I may add, ALL posts in these boards should never be relied on as investment advice. Information from boards should be used by the individual investor as a starting point. Only we can do our own DD.
Concerning 'doubt has reared its ugly head'. Do you mean youre beginning to doubt your ICNB investment? Doubt is normal at times. Sometimes we need to listen to our gut. If you think its time to sell; then sell. Obviously this doesnt help and i understand that, but i cant say 'hold' or 'sell'.
looking at this logically, why wouldnt the price go back up? why would they do a RS after reducing shares? how can revenue NOT show up next 10Q? We know revenue is coming. Ive called several stores and all of them said they were sold out.
More stores coming online, more states.. revenues are a given.
If you, others, or myself listen to people in here, and manage our investments based off of others 'feelings', it means we are allowing others to control our investments. Sometimes it works, most times it does not.
ICNB has the potential to reach .20 cents and greater. Its valuation is correct. It could be at .15+ right now, but the way these things often work is we need confirmation of sales. Either that or a mega PR.
And yes, just my opinion, not investment advice. Believe me, i know im a broken record set to 'Annoy' speed. Unfortunately, I have to continually say 'not investment advice' because there are MANY people in these boards who have no clue how to invest and its imperative they understand ALL posts by EVERYONE is not investment advice. Believe me, i dont enjoy typing the same extra 19 letters over and over for the majority of my posts.
There are so many forms of dilution its difficult to say what is happening. Not all dilution is bad.
His post "“There should have been a private placement for Restricted Shares or a VC willing to Take Restricted Shares, Demonstrating Faith in the Company, Product Sales and Marketing....but Instead...Toxic Notes..CEO is Lame...!!!” "
..first off.. who is this guy/woman? Is he/she a professional adviser? We have no clue. he could work at a pet store for all we know (nothing wrong with that, i love pets). We dont know his credentials. so if doubt is coming due to him, it means youre allowing an unknown person to influence your decisions.
We may ask ourselves, 'why dilute right now?' is it to screw over the shareholders? although it happens all the time in OTC, i dont think that is whats happening. could it be due to growth opportunities for the company? perhaps. maybe they need capital.
Although you dont need to answer this publicly (no need to call anyone out), do you feel doubt because you invested more than you can afford to lose? typically, by only investing what we can afford to lose, 'doubt' becomes void. Im invested in stocks where i could care less if i lose the entire investment simply because its money i could afford to lose. if someone earns $100 a year yet invests $50 in the market... thats 50% annual income invested; WAY TOO MUCH!
maybe try to get to the bottom of why you feel doubt. what has changed with the company? is your DD sound?
its a fact ICNB is working with Bevmo. that alone is good enough for me. ICNB didnt just walk into Bevmo yesterday and say, "hey..er... could i sell my stuff here?" this took weeks, months, longer. Bevmo has a reputation to keep. theyre not going to sell crapo stuff.
Although I cant say for sure, it sounds as if his posts sway with the breeze.
Again, great job on that DD.
When people do this, their posts become highly unreliable. Which, if I may add, ALL posts in these boards should never be relied on as investment advice. Information from boards should be used by the individual investor as a starting point. Only we can do our own DD.
Concerning 'doubt has reared its ugly head'. Do you mean youre beginning to doubt your ICNB investment? Doubt is normal at times. Sometimes we need to listen to our gut. If you think its time to sell; then sell. Obviously this doesnt help and i understand that, but i cant say 'hold' or 'sell'.
looking at this logically, why wouldnt the price go back up? why would they do a RS after reducing shares? how can revenue NOT show up next 10Q? We know revenue is coming. Ive called several stores and all of them said they were sold out.
More stores coming online, more states.. revenues are a given.
If you, others, or myself listen to people in here, and manage our investments based off of others 'feelings', it means we are allowing others to control our investments. Sometimes it works, most times it does not.
ICNB has the potential to reach .20 cents and greater. Its valuation is correct. It could be at .15+ right now, but the way these things often work is we need confirmation of sales. Either that or a mega PR.
And yes, just my opinion, not investment advice. Believe me, i know im a broken record set to 'Annoy' speed. Unfortunately, I have to continually say 'not investment advice' because there are MANY people in these boards who have no clue how to invest and its imperative they understand ALL posts by EVERYONE is not investment advice. Believe me, i dont enjoy typing the same extra 19 letters over and over for the majority of my posts.
There are so many forms of dilution its difficult to say what is happening. Not all dilution is bad.
His post "“There should have been a private placement for Restricted Shares or a VC willing to Take Restricted Shares, Demonstrating Faith in the Company, Product Sales and Marketing....but Instead...Toxic Notes..CEO is Lame...!!!” "
..first off.. who is this guy/woman? Is he/she a professional adviser? We have no clue. he could work at a pet store for all we know (nothing wrong with that, i love pets). We dont know his credentials. so if doubt is coming due to him, it means youre allowing an unknown person to influence your decisions.
We may ask ourselves, 'why dilute right now?' is it to screw over the shareholders? although it happens all the time in OTC, i dont think that is whats happening. could it be due to growth opportunities for the company? perhaps. maybe they need capital.
Although you dont need to answer this publicly (no need to call anyone out), do you feel doubt because you invested more than you can afford to lose? typically, by only investing what we can afford to lose, 'doubt' becomes void. Im invested in stocks where i could care less if i lose the entire investment simply because its money i could afford to lose. if someone earns $100 a year yet invests $50 in the market... thats 50% annual income invested; WAY TOO MUCH!
maybe try to get to the bottom of why you feel doubt. what has changed with the company? is your DD sound?
its a fact ICNB is working with Bevmo. that alone is good enough for me. ICNB didnt just walk into Bevmo yesterday and say, "hey..er... could i sell my stuff here?" this took weeks, months, longer. Bevmo has a reputation to keep. theyre not going to sell crapo stuff.
Iconic Brands, Inc. (ICNB) Stock Research Links
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http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
