INCT Innocent Inc featured news, full reports, and detailed charts
Innocent Inc (INCT/INCT.OB) Wrap Up:
Innocent, Inc. engages in the sale of a diverse portfolio of grocery product lines and brands produced by small and mid size North American manufacturers. It supplies natural and organic products; gluten free/wheat free/yeast-free products; salt free or low sodium dietary products; and specialty/gourmet products to eastern European and Russian markets through a network of local and national distributors. The company was founded in 2006 and is based in Petaluma, California.Innocent, Inc. (INCT:OTC Bulletin Board Market)
Snapshot of Innocent, Inc. (INCT)
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OPEN
$1.20
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PREVIOUS CLOSE
$1.20
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DAY HIGH
$1.20
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DAY LOW
$1.20
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52 WEEK HIGH
11/19/09 - $1.20
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52 WEEK LOW
10/16/09 - $0.45
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MARKET CAP
8.4M
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AVERAGE VOLUME 3 mo
32.3K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
7.0M
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INCT Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
INCT Top Compensated Officers
Executives, Board Directors
Key developments for Innocent, Inc. (INCT)
On August 10, 2009, Innocent Inc. accepted the resignation of Aleksandr Kryukov, Secretary and director.
On August 12, 2009, board of directors of the Innocent Inc. dismissed Moore & Associates Chartered, its independent registered public account firm. On the same date, August 12, 2009, the accounting firm of Seale and Beers, CPAs was engaged as the Innocent Inc.'s new independent registered public account firm. The company appointed Wayne Doss, age 56, as President, CEO, Secretary, and Director of the Company. Mr. Doss has served as CFO and CEO for over 25 years in both Public and Private Companies. The company accepted the resignation of Vera Barinova, President, Chief Executive Officer, and Director.
Innocent Inc. filed its 10-K on December 05, 2008 for the period ending August 31, 2008. In this report its auditor, Moore & Associates, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
INCT Competitors
| Company | Last | Change |
| Kraft Foods Inc | $27.17 USD | +0.20 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | INCT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 876.8x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 875.4x |
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INCT |
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INCT transactions
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| No transactions in the last 6 months. | ||
More Recent News About Innocent Inc
More news for INCT
INNOCENT, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal Offic
Show all filings for INNOCENT, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for INNOCENT, INC. 2-Sep-2009Entry into a Material Definitive Agreement, Change in Directors or Principal Offic Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "a...Click here to read the whole Article (external link)
INNOCENT, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. R...Click here to read the whole Article (external link)
INNOCENT, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Forward Looking Statements This quarterly report contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for our future operations. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors" and the risks set out below, any of which may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. These risks include, by way of example and not in limitation: - the uncertainty of profitability based upon our history of losses; - risks related to failure to obtain adequate financing on a timely basis and on acceptable terms to continue as going concern; - risks related to our international operations and currency exchange fluctuations; - risks related to product liability claims; - other risks and uncertainties related to our business plan and business strategy. This list is not an exhaustive list of the factors that may affect any of our forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on our forward-looking statements. ...Click here to read the whole Article (external link)
INNOCENT, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Forward Looking Statements This quarterly report contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for our future operations. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors" and the risks set out below, any of which may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. These risks include, by way of example and not in limitation: - the uncertainty of profitability based upon our history of losses; - risks related to failure to obtain adequate financing on a timely basis and on acceptable terms to continue as going concern; - risks related to our international operations and currency exchange fluctuations; - risks related to product liability claims; - other risks and uncertainties related to our business plan and business strategy. This list is not an exhaustive list of the factors that may affect any of our forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on our forward-looking statements. ...Click here to read the whole Article (external link)
INNOCENT, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Forward Looking Statements This quarterly report contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for our future operations. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors" and the risks set out below, any of which may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. These risks include, by way of example and not in limitation: - the uncertainty of profitability based upon our history of losses; - risks related to failure to obtain adequate financing on a timely basis and on acceptable terms to continue as going concern; - risks related to our international operations and currency exchange fluctuations; - risks related to product liability claims; - other risks and uncertainties related to our business plan and business strategy. This list is not an exhaustive list of the factors that may affect any of our forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on our forward-looking statements. Forward ...Click here to read the whole Article (external link)
INNOCENT, INC. Files SEC form 10-K, Annual Report
Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Our Current Business We were formed on September 27, 2006. Our plan is to build a diverse portfolio of grocery product lines and brands produced by small and mid size North American manufacturers and sell them to Eastern European and Russian Market through a network of local and national distributors. The two key elements of our short term plan (twelve-month period) are to create our initial portfolio of products we want to sell to the foreign market and do a test market of these products. We plan to create a portfolio of grocery products by sourcing them through industry trade shows, directly contacting North American manufacturers, searching through food industry publications, ads and referrals. We are planning to start with two to three products in each of the following categories: - Natural and organic products (all-natural and heart healthy snack bars made with real ingredients like fruits and nuts, high quality organic chocolates, organic cereals, and energy bars). - Gluten free, wheat free, yeast free products (Gluten free cookies, crisps, baking mixes, cereals, spice blends, etc.) - Salt free or low sodium dietary products (Low sodium, low fat and low calorie sauces, marinades, vinaigrettes, granolas, trial mixes, etc.) - Specialty gourmet products that carry uniquely American flavors (dry rubs and seasoning blends, barbeque sauces, marinades, etc.) We plan to buy samples and small quantities of chosen products from vendors throughout the United States and ship them to our distributor ("Neon City") for testing on the local market. Neon City will utilize their existing contacts to introduce the products to buyers at local grocery chains as well as to food service operators. As of date of this report we did two trial shipments to Russia and have...Click here to read the whole Article (external link)
