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There is no website, there is no legitimate business, there is no phone number, there is nothing. Someone posted that the website will go live this week, then he said today. So far, nothing, zilch, zero, none, information about their website. This company doesn't even pay for a half decent website that can be put for under a $1000, all they want to do is milk novice investors. Stay far, far, away.
because you can't trust anyone when it has to do with penny stocks.
Attempted 3 times to speak to Richard at ICNB, left a message on a apparent phone number that someone on the board posted yesterday. The phone number doesn't even greet with a message, you won't know if it's him or not. Either way, I left a message for presumably Richard to call me, since yesterday not a call back. This tells me that the company doesn't even exist, or maybe the phone number is not his and that is why this person does't even bother calling back. Maybe, it's all over for ICNB, it's only a matter of time before they turn off the switch. Good luck
It's hard to believe that $1400 has been traded on the bid.
I just want to know how fast this can move, provided that they come up with some great news.
I know those numbers, it's the float that I need. Thanks.
Lets see how this plays out this week, apparently their website is going live today, plus according to a member, when he talked to the CEO, this a quote by the CEO "great things are in the works." However, this is a gamble just like 99.9% of penny stock, I am willing to take a gamble, but if I see the quarterly numbers in the 6 digits.
Btw, do you know what the float is?
So you are saying paying 0.0005 is too high to pay for it?
What is the float? That will be determining factor, plus as you say, the website should be live today or sometime this week. I am just wondering why they waited this long to launch a website that costs under a couple of thousand dollars to have it done professionally. Also, the other important factor for me is their quarterly numbers, which will either justify my play or not.
Thanks, I might consider in the 5's for a gamble. 5 million shares $2500 dollars, not bad and if goes to 2 or 3's I will dump them.
Do you really think that this will hit 1/2 or even 1/4 of cents within months?
Do you blame him? Rich made many investors lose money, others moved on. But, Small and Tommy are here to provide insights for gullible investors to not get caught in this scam. They know how the operation is being run. I have been burned in these kind of scams in the past (1996) to be exact. That's why a savvy investor always should do DD before they get caught in the scams. That's why you have forums like this and you as investor should always listen to them and make your own judgment as to whether they are half the truth. As far as I am concerned, Small and Tommy have hit every post on the nail. This stock is dead money, I am glad that I didn't invest, I was very close to investing in 6's. But, because of them 2 I stayed away.
So Rich the scam didn't know about the other Iconic in California? Great, now he is going to sue and more money for Rich, nothing for bag holders. I doubt if he can get anything out of it, maybe they will sue Rich for copying their name, then bag holders infinitely.
Lawyers for what?
Bravo, that's what he is been doing all along. He is a shyster that leave all the shareholders holding the bag. He knows exactly what he is doing, living a high life paid for by the shareholders that will never see this thing get above 0.0001, it's done.
It's not real, it's a shell, but only worse. They dump the shares on bag holders, then they claim that the product was a failure, only to revert it back to themselves under a different private entity. This way they suck all the shareholders dry and then later say, oh well, it didn't fly. But, guess what? They pay themselves and when they pretend that the product failed, they will start it under another private entity. Best of both worlds, CEO know what he is doing and good at too. Anything they say take it with a grain of salt. Remember, he works with Sicilians (Mafia), anything you say will be used against you. LOL
Me too, this is dead money. Even with an announcement, this will not move up anymore. Unless, the CEO (scam artist) announces share buy back program, just like TPAC did. But, by that time this will drop to 0.0003. At least TPAC is in constant communication with shareholders, unlike ICNB (boiler room).
There is no proof of their existence, no phone number, no address, no sales, no Bivi Vodka, No Chazz, no nothing. Just a shell. The self proclaimed Iconic Brands is in California.
What a scam, their email on the so the called website doesn't even exist. Just shows that this is a boiler room scam.
I did admit to my mistake. Thanks for the input.
I am taking back my previous post. I do admit to the mistake that I made, for the simple fact, that the article is pure pump. Do you have any facts, pictures, that this is a legitimate operation? No you don't. This is a dead penny stock.
You have to be pumping for the scam company. There is no viable business, non, zilch, nada, zero.
Regretfully, I believe it was me, I was considering to get on this today or tomorrow in 6's. However, thanks to your consistent negative posts about this scam, I am going to stay far, far away. Thank you again.
This company is a boiler room operation. I tried to email them from the address that was provided on their press release, guess what? That email address it's not even theirs, it's Iconic Brands in California.
Here is copy of the email I got just a few minutes ago.
Gilbert,
This is Iconic Brands, Inc. in California. There is no Richard here. My guess is you are looking for the Iconic Brands, Inc. in NY, which like to pass itself off as owning my brands.
Kim
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I know the routine, been there done that. I stopped investing in penny stocks since 1996, with the exception of CDII, made a boat load on that baby, got in at 0.0035 2 million shares and sold it at 0.04. This is my last email I got from Iconic Brands in California.
Gilbert,
This is Iconic Brands, Inc. in California. There is no Richard here. My guess is you are looking for the Iconic Brands, Inc. in NY, which like to pass itself off as owning my brands.
Kim
Show original message
ICNB nothing short of a scam, nothing. You are wise.
I am not bashing, I am saying it like it is. I just don't want newbies to get caught with the bait. What do you have that you think this company or for a lack of better term scammers (icnb) have you convinced that this is for real? You have nothing other than hope.
I have to agree with Smallville. I was going to invest in this one, but after that rude awakening, no way, no how. Always hated penny stocks.
The people at ICNB are extremely rude. Wanted to get some information from them and this is the reply I get by some Kim Brandi chic, "What is that you want?" exact the same quote by her. This company is not legit, end of story. Bail everyone.
The people at ICNB are extremely rude. Wanted to get some information from them and this is the reply I get by some Kim Brandi chic, "What is that you want?" exact the same quote by her. This company is not legit, end of story. Bail everyone.
Incredibly illiquid. Does not budge at all, further drop between today and tomorrow. All the gains will be diminished by tomorrow.
Why are you making such a suggestion? How do you know float is locked? Don't blow hot air, stick to the facts.
This is not as good as what I posted earlier.
If you dig hard enough, you will find it. I have done my DD, you need to do yours. Never said there was an offer, just said that the article said that if Bivi becomes a hit, then it will be a perfect fit for STZ or DEO. Mind you, I don't like penny stock, but, just if, what the article says, comes through on the longer horizon, when ICNB shows some good numbers.
If in fact this is not a boiler room scheme, it has potential. I read an article that if Bivi Vodka becomes successful, Constellation Brands (STZ) or Diagoe Pl (DEO) might consider making a bid on ICNB and that is if Bivi becomes a hit. Now, having said that, I would like to see their numbers for the last quarter, it will shed light on how good their product is. I would like to see over $100,000 in sales for the last quarter.
After hours printed 0.0011 a million shares.
Spoke to them already. Thanks for the number.
Yes, this is my 1st post here. I try to refrain myself from investing in penny stocks, especially sub-penny. I called the number that is listed on their website. However, later found out that the number from the letter to the shareholders, tried calling that number, which was directed to a generic voicemail. Don't get me wrong, I love the story here, having said that, the letter is very enticing. This company and the board have failed to update their filings, their website hasn't even been updated, their most recent press release, goes back to 2011. I am not shady, I am just trying to find out what is the hold up in their filings, do they not care about the shareholders.