Welcome to our dedicated page for International Consolidated Companies news (Ticker: INCC), a resource for investors and traders seeking the latest updates and insights on International Consolidated Companies stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect International Consolidated Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of International Consolidated Companies's position in the market.
International Consolidated Companies (OTCPink:INCC) has successfully acquired SoundTech AI, Inc. for $150 million in preferred stock effective July 22, 2021. This strategic move aims to enhance INCC's position in the audio technology market with SoundTech AI's proprietary Holographic SoundField (HSF™) technology, designed to deliver immersive audio experiences across multiple platforms. Key executives from SoundTech AI, including CEO Eric Koenig, will join INCC's board, signaling a commitment to capitalize on advanced audio innovations.
International Consolidated Companies (OTCPink: INCC) has signed a definitive agreement on July 15, 2021, to acquire SoundTech AI, Inc. for $150 million in preferred X stock. This acquisition aims to enhance INCC's portfolio with SoundTech AI's innovative Holographic Sound Field technology, promising a revolutionary audio experience through proprietary software, applicable across various devices. The technology is designed to transform audio delivery, making it accessible without additional hardware. The acquisition is expected to close by July 30, 2021, expanding INCC's capabilities in the enhanced audio market.
International Consolidated Companies (OTC:INCC) has secured an Exclusive Distribution Agreement with HyOx Superwater, Inc. through its subsidiary Blue Plant Farms. This agreement provides Blue Plant Farms with exclusive rights to market and sell HyOx Superwater in the Cannabis, Kava, and Kratom agricultural markets. HyOx's proprietary CZF Technology enables the production of hyper-oxygenated water, leading to improved plant growth with a 95% seed germination rate and larger root systems, thus promising enhanced agricultural yields.
INCC (OTC PINK: INCC) recently provided a shareholder update detailing significant developments from April 2021. The company became compliant with OTC markets, returned 394 million shares to treasury, and reduced its authorized shares from 8.9 billion to 7 billion. A major acquisition of Blue Plant Farms, LLC was executed, focusing on CBD hemp oil products with innovative formulations. The acquisition includes a $5 million deal for Preferred Z shares, capped at 7 billion shares outstanding. INCC aims to implement a national go-to-market strategy targeting 5,000 convenience stores within 24 months.
FAQ
What is the current stock price of International Consolidated Companies (INCC)?
What is the market cap of International Consolidated Companies (INCC)?
