Pink Sheets: International Commercial Television Inc. (ICTL) news stock charts
International Commercial Television Inc. (ICTL/ICTL.PK) Penny Investment Summary:
International Commercial Television, Inc. produces long-form and short-form infomercials in the United States and internationally, as well as sells its proprietary brands of advertised products directly to its viewing audience. Its product categories include health and beauty products, such as Derma Wand, a skin care appliance that reduces fine lines and wrinkles, and improves overall skin appearance; DermaVital, a product that allows water to penetrate the skin's surface, thus rehydrating the deeper layers; and Cell RX, a skin care product that includes Vitamin C in a powder form. The company also offers BetterBlocks, a plastic toy building system; AIR-O-SPACE Bed, an inflatable bed system; and Smart Stacks storage system. In addition, it has rights to sell various third-party products. International Commercial Television also distributes its products via direct response methods, such as mail order catalogs, direct mail, credit card statement inserts, and live appearances on television home shopping channels. The company was founded in 1993 and is headquartered in Bainbridge Island, Washington.INTL COMMERCIAL TELEVISION (ICTL:Pink OTC Markets Inc)
Snapshot of INTL COMMERCIAL TELEVISION (ICTL)
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OPEN
$0.13
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PREVIOUS CLOSE
$0.13
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DAY HIGH
$0.13
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DAY LOW
$0.13
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52 WEEK HIGH
05/8/09 - $0.80
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52 WEEK LOW
03/1/10 - $0.05
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MARKET CAP
1.9M
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AVERAGE VOLUME 10 D
238.5
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EPS TTM
--
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SHARES OUTSTANDING
14.5M
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ICTL Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for INTL COMMERCIAL TELEVISION (ICTL)
On March 3, 2010, International Commercial Television Inc.s Board of Directors chose to terminate a test distribution arrangement with Allstar Marketing Group regarding the sale and marketing of ICTVs DermaWand product in the United States. The effective date of the termination was March 13, 2010. In an agreement entered into on a trial basis between the two companies on May 22, 2009, ICTV licensed the exclusive distribution of DermaWand to AMG for all U.S. sales channels with the exception of televised home shopping. These sales channels included DRTV, Internet, retail, print, telemarketing, and direct mail. After a 9 month testing phase, ICTV concluded that it was in its best interest to maximize the DermaWand brands financial potential by discontinuing the arrangement and securing the licensed distribution rights back from AMG. After a 2 month transition period, ICTV plans on retaining full distribution for the product for all U.S. channels, with an approximate start date of May 15, 2010. During the period that AMG has distributed the DermaWand in the United States, ICTV has received a royalty on all AMGs net sales of the product. As a result, ICTVs U.S. sales have been limited to those royalty payments from AMG and ICTVs on-going sales of the product through the Home Shopping Network.
International Commercial Television Inc. announced William Flohr has resigned his position as a director, effective December 10, 2009. Pursuant to authorization under Bylaws, remaining director, Kelvin Claney, has appointed Stephen Jarvis to fill the vacancy created by Mr. Flohr's resignation, effective as of December 17, 2009. Stephen Jarvis is the co-founder and President of Positive Response Vision Inc.
International Commercial Television Inc. has dismissed its current independent accountant, Dohan & Company CPA (Dohan), on Sept. 4. The company retained Amper Politziner & Mattia on Sept. 3, as the company's new independent registered public accounting firm to provide audit services for the Company, beginning with the fiscal year ended Dec. 31, 2008. The decision to change accountants was approved by our Board of Directors.
International Commercial Television Inc. financial resources
ICTL Competitors
| Company | Last | Change | |
| No competitor information is available for ICTL. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | ICTL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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ICTL |
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ICTL transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About International Commercial Television Inc.
ICTV Announces Termination of Distribution Arrangement with Allstar Marketing Group for its DermaWand Product Brand
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ICTV Cancels Plans to Distribute the "Cell RX" Product Line
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ICTV Cancels Plans to Distribute the "Cell RX" Product Line
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INTERNATIONAL COMMERCIAL TELEVISION INC Files SEC form 10-Q/A, Quarterly Report
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INTERNATIONAL COMMERCIAL TELEVISION INC Files SEC form 10-K/A, Annual Report
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INTERNATIONAL COMMERCIAL TELEVISION INC Files SEC form 10-Q/A, Quarterly Report
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INTERNATIONAL COMMERCIAL TELEVISION INC Files SEC form 10-Q/A, Quarterly Report
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