Penny, this is a long term play. What is happening here is that many shareholders want to treat this like a "typical" penny stock. What I mean by "typical" is a BS stock with no revenue that moves on PR's. THIS is not that stock. This stock has product, has revenue, "had" old bad debt, has growth, etc....It is being treated like a REAL company. Unfortunately for most investors hear, this may take a couple quarters to prove that it is a "big boy" stock that has potential. In my opinion, it will not move much until they show that they are actually growing exponentially and can justify that this is not a hype product that will quickly slow down with sales. We actually won't know that for a couple more quarters. Many companies come out with a product, it does great sales and then the market gets bored and moves on..... This will be the challenge. International sales and perhaps new products will get ICNB PPS to where it should be "in time", if this growth continues. Many want justification before jumping in. This is just what I think. I could be wrong but that's why I think the PPS is not really moving. You can also say, it hasn't tanked back to trip 0's like most pennies as well. The current PPS is the market value for here and now. Next FINS SHOULD move this up.
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Iconic Brands, Inc. (ICNB) Stock Research Links
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