Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Expert market. https://www.otcmarkets.com/stock/ICNB/profile
ICNB - Latest PR & News Recap
ICNB: https://www.iconicbrandsusa.com/
TopPop: https://toppoppkg.com/
Bellissima: https://linktr.ee/bellissimaprosecco
Bellissima Instagram: https://www.instagram.com/bellissimaprosecco/
Sonja Sangria: https://www.splashwines.com/pages/sonja-sangria
Bella Sprizz: https://bellasprizz.com/
- - - - -
Most Recent Bellissima Segments On QVC (with Christie Brinkley):
Bellissima by Christie Brinkley 3-Bottle Wine Gift Set
Oct 11 2023
https://www.qvc.com/bellissima-by-christie-brinkley-3-bottle-wine-gift-set.product.M92695.html?sc=IROA
- - - - -
Iconic Brands Financial Results for First Quarter 2023 + Accompanying 8-k
June 29, 2023
10-Q filing:
https://www.otcmarkets.com/filing/html?id=16764114&guid=O2D-kF9S0YGaJth
8-k filing:
https://www.otcmarkets.com/filing/html?id=16761049&guid=O2D-kF9S0YGaJth
- - - - -
On June 28, 2023, the Company filed a voluntary petition for its subsidiary, TopPop, under Chapter 11, Subchapter V of the bankruptcy code in the Eastern District of New York, Case No. 23-72310. (note: you can stay up to date with all the latest court filings, etc. from the court above).
TopPop intends to continue its operations as a debtor in possession while it reorganizes its debts. The bankruptcy filing constitutes an event of default under all of the Company’s outstanding debt obligations. There were no other contract violations and the other wholly owned subsidiaries will continue operations as usual.
Also perfect for losing money.
Keep pumping this SCAM!! You should be absolutely disgusted and ashamed with yourself, sure hope no one believed the bullshit you spewed
Rich fked over all of you investors, what a worthless piece of shit
When losing millions. When no volume to sell shares. Seems inevitable.
Do you think this company is going bankrupt
Wonder when we will see 0.0001 and then what
If exempt from reporting Rich should tell shareholders. We hear nothing ,,what kind of ceo
toppop exempt from SEC reports because of bankruptcy. Monthly Operating Reports (toppop only) are filed instead, in BK court. Maybe this means ICNB also exempt? If reports consolidated how do they file? Idk
They are about a week away from Expert Market. If that happens. .0001 will be the high soon after. The priority should be be getting their reports to EDGAR, the other issues are on a time schedule out of their control.
So are the losses as share price keeps dropping. Rich really made it much worse buying Pop Top. Which increased losses. The wine is not selling anything close to enough to make a profit.
Grey sheets trading will be in trips - .0001 to .0009! Good luck
Bellissima is the total value of ICNB. Doing quite well too. Even outside QVC it's growing.
QVC:
Q1 2022 - $142,689
Q1 2023 - $295,977
Non-QVC:
Q1 2022 - $390,406
Q1 2023 - $785,254
TopPop (ch 11) has been dismal with a constant stream of inept decision making, from incessant production line issues to virtue signaling making the facility solar powered, while dumping red dye in the local river. It's been a crash course in how to run an excellent idea into the ground.
That DeCicco has not yet filed Q2 and grey sheets looks imminent for a while (until reorg is completed?) is flatly ridiculous, but predictable at this point. Shareholder value my a**.
Ch 11/oversight is the most necessary thing to happen if ICNB is to have a bright future.
Vegandale Texas…
Their wine is perfect for this growing market.
https://www.instagram.com/reel/CyYp3rCLXxc/?igshid=NTc4MTIwNjQ2YQ==
Selling on QVC is not enough. As every filing shows company losing millions. To make money have to be widely sold in retail stores. They failed to make that happen and still are.
bellissimaprosecco: Join us tomorrow (Oct 11) @qvc and start your #holiday prep early! Bellissima has you covered - each bottle comes with a gorgeous gift box, so you don’t even need to wrap these perfect gifts! #WineWin!
Our dazzling @christiebrinkley will be bringing #BellissimaProsecco Prosecco DOC, Zero Sugar Sparkling White Wine, & Zero Sugar Sparkling Rosé
Grab Bellissima for your friends, loved ones, or treat yourself!
See you there
https://www.instagram.com/p/CyOiUbiuns_/
Only got Publix because of 2 for 1 sale for the last week of 2017. So yes, too high. I visited a Publix a year later and Bellissima bottles were moved to bottom shelf and all dusty.
It is. From start when they lost Publix. It has been all down hill since. They priced it too high.
Either way, it’s 👀ing to be finished. Too bad.
I do not think they can do another r/s. That be 3 and doubt will be approved.
Hard to see any positive in this stock after 18 years of disappointments and 2 RSs. Next step is another RS or BK. Neither option is good for shareholders. That’s why the volume and the price are so low.
With little volume and company needing to sell shares. It already is difficult. He does not care about shareholders. Never did.
Rich has control so that will never happen.
Maybe today's seller noticed that the OTC has posted a 15 day grace notice on ICNB and the seller wanted to clear their holdings in case Rich does nothing and this falls to the expert market in a few weeks where selling will be very difficult.
LOL. Selling shares here would be a horrible joke. Totally imbecilic. Curious as to their funding options available via ch11, or even better... CUT bleepin' COSTS to a manageable level, clean up the absurd production line issues, and move forward. Oh, and hire a competent CEO.
Too much to ask for?
Rich blew that at starbucks today.
I guess today’s share volume at 972 shares at $.0067 or $6.51 isn’t enough to help.
They are running out of cash. That is what is going on. Losing millions a year for years. At some point selling shares or getting loans is hard to do. They have hit that point. The acquisition of a company losing millions. When company already losing millions. That was start of the end. Rich made his money. He blew it with making this work and never cared about shareholders.
So ICNB stated in their 1st quarter 10-Q that they have about 90 days of cash. That was over 90 days ago. Curious what is going on behind the scenes. These Ch 11's take so long.
When they have not come close to ever making profit. Sub penny was just matter of when. It could go lower. They have to run out of money. They are just not selling enough shares to pay for millions in losses. They might not be in business much longer unless find cash and millions of it.
Price prediction = trip zeros!
After last 2 I doubt it be approved. Even if it is as we see even at these levels little volume. Didn't they have toxic loan convertible debt?
Always happens that way. He’ll announce some new product, RS (#3) and start over yet again. We’ll see.
Does not look like they can with little volume. They will run out of cash. Unless can sell millions of shares. I do not see that happening.
My prediction is still no BK. This RS cycle goes on and on. Can always find buyers with a low enough price.
Maybe but will not work. Still will not be able to sell enough shares to cover looses. At this point they have shown nothing to think ever going to make a profit.
Will probably opt to RS again over BK. I doubt CEO wants to give up his salary and lifestyle by BKing his sweet deal.
It was only matter of when it goes sub penny. Next up when do they file bankruptcy. At these levels still not enough volume to sell shares and keep going.
$.006 Bid. Pretty pitiful
Followers
|
659
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
211642
|
Created
|
08/03/09
|
Type
|
Free
|
Moderators |
"On June 28, 2023, the Company filed a voluntary petition for its subsidiary, TopPop, under Chapter 11, Subchapter V of the bankruptcy code in the Eastern District of New York, Case No. 23-72310. (note: you can stay up to date with all the latest court filings, etc. from the court above). TopPop intends to continue its operations as a debtor in possession while it reorganizes its debts. The bankruptcy filing constitutes an event of default under all of the Company’s outstanding debt obligations. There were no other contract violations and the other wholly owned subsidiaries will continue operations as usual."
Free sites/links to the latest filings.
Go to the court website directly if you want to pay to read them.
TopPop LLC (Case number: 8:23-bk-72310)
1. https://www.pacermonitor.com/public/case/49390403/TopPop_LLC
2. https://www.inforuptcy.com/browse-filings/new-york-eastern-bankruptcy-court/8:23-bk-72310/bankruptcy-case-toppop-llc
ICNB (Case number: 8:23-bk-73829)
1. https://www.pacermonitor.com/public/case/50971671/Iconic_Brands,_Inc
2. https://www.inforuptcy.com/browse-filings/new-york-eastern-bankruptcy-court/8:23-bk-73829/bankruptcy-case-iconic-brands-inc
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |