INCC stock popularly known as international Consolidated Cos., Inc. engages in the provision of venture capital funding for qualified projects in the expanding legal cannabis industry. It focuses on acquiring and expanding businesses that offer services and technologies to assist medical marijuana growers.
The company was founded by Antonio F. Uccello III on January 28, 2002 and is headquartered in Sarasota, FL. International Consolidated Cos., Inc. engages in the provision of venture capital funding for qualified projects in the expanding legal cannabis industry.
International Consolidated Companies, Inc. specializes in acquiring businesses in the contact management solutions and services in the business process outsourcing (BPO) arena. International Consolidated Companies, Inc. (OTC stock ticker: INCC Stock) is focused on investing in and acquiring businesses that provide unique opportunities for growth as well as expansion through a well designed innovative, transformative, disruptive, and energy-efficient technologies.
INCC Stock will provide financial expertise and access to the capital markets, as well as technological expertise and consulting services for projects that align with the company’s philosophy. Currently, the Company is a national direct marketing and fulfillment firm providing services to the entertainment, communications, and financial services and not for profit industries as well as select direct to consumer opportunities.
Through additional acquisitions and the use operational leverage the company intends to expand its offering to include more industry requiring services and greater capacity as well as improving growth and profitability for all acquired companies.
Most of the International consolidated companies’ sells cannabidiol products for pet through its subsidiary BlueDog products. They are involved in the business of developing and marketing specialized CBD products for the pet and animal markets.
Board of Directors
|Name/Title||Current Board Membership|
|Antonio F. Uccello Chairman, President, Chief Executive Officer & CFO||St. James Remedies, Inc., International Consolidated Cos., Inc.|
|Cortland J. Ornburg Director||International Consolidated Cos., Inc.|
|Thomas J. Megale Director||International Consolidated Cos., Inc.|
Average Growth Rates International Consolidated Cos. Inc.
Past Five Years Ending 12/31/2020 (Fiscal Year)
|Revenue||Net Income+31.11%||Earnings Per Share-1.62%|
|Capital Spending||Gross Margin||Cash Flow+202.93%|
Ownership International Consolidated Cos. Inc.
Mutual Funds that own INCC
|Name||Shares Held||% Shares Out||Change In Shares||% of Assets||As of Date|
|Russell Investment Co. – Multi Asset Growth Strategy Fund||100000||0.00%||0||0.00%||02/28/22|
|St. James’s Place Unit Trust – Multi Asset||0||0.00%||0||0.00%||03/31/21|
Institutions that own INCC
|Name||Shares Held||% Shares Out||Change In Shares||% of Assets||As of Date|
|Schroder Investment Management Ltd.||618869||0.01%||0||0.12%||03/31/21|
|Russell Investment Management LLC||100000||0.00%||0||0.00%||02/28/22|
IS INCC STOCK AGOOD STOCK TO BUY?
According to the chart The International Consolidated Companies, stock price fell by -14.29% from $0.0007 to $0.0006. During the day the stock fluctuated 16.67% from a day low at $0.0006 to a day high of $0.0007.
The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased on the last day by 11 million shares but on falling prices.
This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 15 million shares were bought and sold for approximately $9.02 thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -16.81% during the next 3 months and, with a 90% probability hold a price between $0.0003 and $0.0007 at the end of this 3-month period.
The International Consolidated Companies, stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
On further gains, the stock will meet resistancc from the short-term moving average at approximately $0.0007. On a fall, the stock will find some support from the long-term average at approximately $0.0006. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
A buy signal was issued from a pivot bottom point and so far it has risen 20.00%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development.
Furthermore, there is currently a sell signal from the 3 month Moving AverageConvergenceDivergence(MACD). International Consolidated Companies, gained volume but on falling prices.
In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical “sell-offs”. The very low volume increases the risk and reduces the other technical signals. summary INCC charts still hold negative signalst will still perform weakly in the next couple of days or weeks.which means its not safe to buy
KEY DEVELOPMENTS IN INCC STOCK OVER THE PAST FEW YEARS
The following developments happened between the span of 5 to 15 years back
International Consolidated Companies Inc announced that it has rescinded its previously announced acquisition of the operations of Millennium Teleservices, LLC due to unforeseen liabilities tied to Millennium’s operations.
International Consolidated Companies Inc.’s 1 2 1 Direct Response Signs New Three Year Agreement with Special Olympics Pennsylvania
International Consolidated Companies Inc. announced that subsidiary 1 2 1 Direct Response (1 2 1) has signed a new three year contract with Special Olympics Pennsylvania (SOPA). 1 2 1 and SOPA have a working relationship spanning over two decades. International Consolidated Companies Inc. Appoints Stanton Remer as Chief Financial Officer
International Consolidated Companies stock Inc. announced that the Company has appointed Stanton Remer to the position of Chief Financial Officer. The Company also reported that Dennis Derr has stepped down from the Company’s Board of Directors to pursue other interests. International Consolidated Companies Inc. Acquires Millennium Teleservices, LLC’s Operations
International Consolidated Companies Inc. announced that it has acquired the operations of Millennium Teleservices, LLC. The Company has assumed the leases on select Millennium building and equipment assets and has retained key management and employees. Millennium is headquartered in Edison, New Jersey. Terms of the deal were not disclosed.
International Consolidated Companies Inc. Announces Resignation of Neil Levine as CFO-Form 8-K
International Consolidated Companies Inc. reported in its Form 8-K that Neil Levine resigned as Chief Financial Officer (CFO).
INCC Stock ACQUISITION IN THE PAST YEARS
(1) Incc to close acquisition of blue plant farms
Sarasota, Florida-(- May 4, 2021) – INCC (International Consolidated Companies, Inc.) (OTC Pink: INCC) announced that it has entered into a definitive agreement to acquire the business and assets of Blue Plant Farms, LLC with an expected closing on May 30, 2021. Blue Plant Farms produces CBD hemp oil products under several brand names offering improved bioavailability through the Company’s proprietary water-soluble formulations.Blue Plant Farms’ product suite there are no details on if the deal was successful or not
INCC Details Company Roll Up / Acquisition Strategy
INCC believes there is a real opportunity to roll up Nutraceutical Co Packers with $5 million or less in sales. Management believes the market to be fragmented, with 350 plus candidates. While these candidates may have a few quality contracts, they do not, in fact, have sufficient sales to obtain the required and costly certifications.
By acquiring these entities, post our planned critical mass acquisition(s), they will have the opportunity to relocate their equipment and contracts, while alleviating their need to oversee daily operations. Additionally, this may afford the seller the opportunity to actually sell and obtain Orders of larger Magnitude. Previously, these Orders were not possible due to their lack of Certifications and Equipment.
Furthermore, there is increased savings and economies of scale associated with the buying power that a roll up can typically afford.
As per their plan: management believes that with proper funding and an outstanding leadership team, it may be able to acquire sufficient companies to potentially result in constructing a company with $200 plus million dollars per year in sales and significant EBITDA.
BluDog Products is strategically introducing water-soluble, CBD oil super food and wellness drinks (with an extended release formulation) that are easily absorbed.
Using a licensed, patented, CBD delivery system, BluDog’s CBD products are an alternative to the over-the-counter, therapeutic options designed to aid in relieving post-sports inﬂammation, while simultaneously promoting relaxation and well-being. BluDog’s CBD products interact naturally with the body’s anti-inﬂammatory system, without any known side eﬀects.
We have discussed intensively on INCC stock and the benefits you stands to enjoy if you have shares with them