Iconic Brands Inc (ICNB)

[asapman]

PPS S/B $.24 based on 30,000 cases/month!. I created a PPS calculator based on 30000 cases sold/month with industry margin estimates for ICNB, Distributors and Retailers. Based on 19.99 per bottle; Annual Revenues for ICN from sales of Bellissima only (not including BIVI and Limoncello):$19.6MM; Annual Cost: $9.8MM; Annual Profit: $9.8MM. PPS @ 814,790,600 OS Yields Earnings/Share: $.01206. @ 20X Earnings Yields: $.24/Share
Copy of Calculator attached. Revenue and Earnings/Share should increase as production is ramped up from current level of 30K per month. Please review and provide suggestions for improvement and I will update Calculator.
Calculations based on my own research and are strictly my opinions. Do your own research and DD to make your own investment decisions. GLTA