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$3 by now hahah how the sales have declining
1 dollar per bottle goes to ICNB ooopss
Ooops 10k bottles = 10k revenue for ICNB.. That’s pocket change on the dollar. ICNB has some much dilution 10K is a damn joke. Rich probable spent a few great to PR this garbage..ooopp
Followed by another 1.5 million dollars same time next year... Rich will use up the whole alphabet handing out preferred class stock..
Ooops is this a good stock?
Oh and 0 trades today, what a surprise!
The whole reason for the RS was to get back to Dilution levels, then toxic financing paid by commons.
Rinse, Wash, Repeat..... oooopppss
ICNB is used to pay Rich’s salaries and numerous other back ally deals...
Ooooppsss. Another 1.5 toxic debt just announced! So tell me again why does the minuscule sales revenue ICNB receives
matter??
It’s the same deal, expenses outweigh sales.. ooopps
Oooppps this pos just took on another 1.5 mill, paid by, you guessed it, commons! Oooppss
I think it’s comical how Rich said “ we’ve paid off all debt on balance sheet” but just announce another 1.5 mill of toxic debt for the future.. lmao oooooppps
Is this a good stock? Ooops
Iconic only receives $1 per bottle. So $30,000 is nothing compared to the losses the company experiences.
Do you see anything scammy about this deal with United?? Iconic does not “own” any united products, but ICNB pays all the expenses!
This is ridiculous, and is obviously a share selling scam!
Bullshit! You can look this info up yourself!! Million plus lost on bad deal! GGF produced nothing but debt for Iconic, and Rich sold for a loss to shareholders before even selling 1 bottle of hemp oil.. ooops
No wonder the Beta is 2.81 oooppss
Oh it’s true!!
$1 million dollar loss on bad GGF deal!
Rich must have known he was going to sell for a loss all part of the pyramid!! The debt is put on ICNB’s financial reports!! No big deal to Rich... oooppps worst deal of the year award!
Didn’t Iconic acquire GGF for $2 million? Now it’s selling it’s 51% for $1 million?
It doesn’t matter about harvest if they can’t sell the product... ooopps
Pathetic
Just wait until an audit of the company makes Rich take Hooters revenues off of Iconic’s balance sheet.. oooppss
With what money? Oh more shares??? Ooops this company is garbage
You seem to forget that this company has deep financial problems (as Rich planned ICNB, taking all of United’s debts and funneling it on Iconic balance sheet, keeping the balance sheet clean on his private company) as stated in the last financial reports, all its operating cash is financed through debt or dilution.. ooopps
Is this a good stock?? Ooops
What kind of shit bag company goes on 4 months with no news?? Oh ICNB does! Ooopps
What
All you would need to do is get him in the courtroom, once Rich opens his mouth the courts can subpoena the rest!
What seems shady is that Rich is pushing all the debt into iconic brands and filtering the profits into his private United spirits. This is illegal and completely unethical.
All I would have to do is bring a stack of PR statements and the actual results over the years, the false financial report he filed, along with the name of his known scammer partners, oh and the little pumpers he paid to shit talk me on PM, and the financial reports showing the amount of debt equity he is using for dilution with absolutely not return, and I bet the GGF is not actually there, I would snap a few pictures of the real locations, which are totally different than a farm.! Oh and the how Rich is running his debt through ICNB to keep united in the green. And and oh and.. give me a break lmao
Defamation is only valid if it’s a false statement, in the cases on this board, the statements are not false! Rich would get torn apart in court if he was to bring anyone to court on the tort of defamation.. ooooppss
Rich is pawning all the debt off on Iconic, while profits are kept in United. Its a bullshit scam! End of story.
Your way too funny! He is a scam artist ooopss. He is the one that needs legal action taken against him.
Celebrity endorsed pennies Stocks are a huge red flag!!
https://www.google.com/amp/s/investorplace.com/2014/07/penny-stocks-investing-scam-fraud/amp/
Isn’t that considered undue influence?? Rich is competent, greedy and is taking advantage through a scam.. sounds like invalid assent to me!! Lawsuits for days!! The list goes on:
Falsifying financial documents
Misleading investors
Wire fraud
Racketeering
Securities fraud
The list goes on...
Honestly, there is enough physical evidence now where you could make a decent case.
Persistence is key, just as in life!
So you’re saying no debt??
I see the text you’re talking about, the the dates are the same, but different numbers??
This company is ridiculous!
Send the link!
Agreed! He is using debt equity, and Hooters spirit sales to mislead.
Maybe I’ll report this to the SEC
Why are ICNB shareholders paying for NASCAR advertising of Hooters brand if we don’t benefit from retained earnings, or anything financial for that matter that has to do with sales of Hooters spirits??
United should not be using Iconics balance sheet!
Marketing and advertising expenses were $305,222 for the three months ended September 30, 2019 and $58,724 for the three months ended September 30, 2018, an increase of $246,498 or approximately 420%. The increase was a result of a one-time marketing fee of $250,000 incurred in August 2019 in connection with the Hooters sponsorship of a Nascar event
You just changed the wording lmao.
This is what it really says!
Sales
Our sales are comprised of sales of BiVi Sicilian Vodka, Bellissima Prosecco and Sparkling Wine, and the line of Hooters brand products introduced in August 2019. Sales were $267,619 for the three months ended September 30, 2019 and $217,139 for the three months ended September 30, 2018, an increase of $50,480 or approximately 23%. The increase in sales was a result of primarily due to the August 2019 introduction of Hooters brand products.
I’d like to see this intellectual property that Rich has lmao.. Who did the valuation on this so called intellectual property lmao.. this is hilarious.. Rich paid more in shares for the acquisition of green grow, which still puts the $1.75 million to pay off.. There isn’t going to be $1.75 million in base sales of the garbage CBD. Oh and there are royalties, and salaries factored into this grand $2 million dollar 51% fake acquisition.. So given the expenses in this garbage endeavor, 250k accounts receivable from GGF is not going to happen, they haven’t even sold any product yet lmao
Rich will file for bankruptcy in the near future! It’s all part of the grand finale!!
Going Concern
As a result of our current financial condition, we have received a report from our independent registered public accounting firm for our financial statements for the years ended December 31, 2018 and 2017 that includes an explanatory paragraph describing the uncertainty as to our ability to continue as a going concern. In order to continue as a going concern we must effectively balance many factors and generate more revenue so that we can fund our operations from our sales and revenues. If we are not able to do this we may not be able to continue as an operating company. Until we are able to grow revenues sufficient to meet our operating expenses, we must continue to raise capital by issuing debt or through the sale of our stock. There is no assurance that our cash flow will be adequate to satisfy our operating expenses and capital requirements.
Yea it’s called debt equity
The assets you are talking about are cash from Debt equity.. oooppss