I can see where you are coming from Joey68 and I understand
I can see where you are coming from Joey68 and I understand your concern of why uplisting may not always be a good thing. But in this situation I think it will be a good thing. As far as we know we are not attempting to uplist to the NYSE or NASDAQ we are attempting the OTCQB.. I think the requirement is a penny, which we have been holding now for 6 months or more without any substantial news or revenues...
Because this is a growing company and revenues will be growing (in my opinion pretty substantially) I think the uplist will benefit the company. Even if "new" investors want to wait 6 months to a year after the uplist to get in I don't see a problem of keeping ICNB on the OTCQB with the current type of investors.... We got a PR yesterday stating that the company is ready to immediately add two new national chains to their distribution network.. not only that but we are still waiting on ICNB to consolidate 100% of their brands under the company... any one of those catalysts could easily double the current value of the SP
I'd be willing to bet with anyone that the next quarterly will double the revenues or more of the last quarterly... Let's see what "big" players we have added so far in this quarter... BevMo, Earth Fare, Binny's, Erewhons, 1 CostCo, Publix (by order), and many more locations/ new states.....(did I forget any?)
You can say I'm being overly optimistic but I think I'm being realistic...
Iconic Brands, Inc. (ICNB) Stock Research Links
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