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The company can actually use 1/3 of the shelf at once but then can’t use it again for a year. The 20% rule is for 6 months. So they could issue 10M shares which would cover them a full quarter. Then pray they get good data and a pop Q4. Then would have to file an S-1 to do a bigger raise
$1.75 coming soon after capital raise
Doesn’t have to be debt. If there’s no cash you can’t pay your bills
They’ll raise $20M to get them through the end of year. At much lower prices
They had $18M cash end of June and burned about that amount last Q. Looks like they’ll be nearly out of cash in September
Not by the end of September when they go bankrupt pal. Need to raise $$$ any day
Says who? The company?
This co will be out of cash end of September
If they announced a partnership they wouldn’t need to raise cash
Exactly. Pls buy mine at $5!!!!
the $10 was with a Feb Hooters launch and Hemp earlier as well. It will happen in 2020 easily.
Now Anheuser Busch distributors is distributing our products!!!!!!
PAUL wasn’t on the ask yesterday. They could be done selling. If so we go back to .07-.08
With the one farm alone doing $7.5M in revenue next year, factoring in the 2 NY farms they should do $20-$25M in hemp revenue alone next year. Another $7.5M-$10M in Hooters/other liquor revenue and we’re around $30M in revenue. Should do $1 in EPS next year. 20x multiple is a $20 stock!!!!
FACT, Hooters said it not ICONIC hahahahahahahaha
like I said, running out of cash any day
they run out of cash end of september
Back to $2 by Labor Day
running out of cash....deal soon
35 acres in Tennessee that will generate $7.5M in revenue!!!!
like I said, their $7.5M revenue estimate for 2020 is way too LOW!!!!!
key word 1700% growth rotflmfao!!!
wow!!! amazing find!
Share count actually only doubled with revenue expected to grow 17x or 1700%
Hooters and Hemp...$10 in 2019
Train leaving station
Rotflmfao. Please rich. Decide to pay sweet iconic some random arbitrary amount since technically you have to pay zero. Apparently you can keep it all but because of your immense generosity you give 100% to iconic historically
Bahhhhhhh hahahahahahahaha. Holy smokes this is getting hysterical!!!!
Bahhhhhh hahahahahaha. So iconic sells it to United. Then United marks it up and sells it from there? That’s the story? Hahahahahaha. Wow Publix and everyone else must be really dumb to pay a markup twice from the same entity
I can’t. Hahaha
What they give them. Rotflmfao. Guess United was generous to give them 100% of publix revenue. Fingers crossed that they’re as generous this time. Lmfao. Hilarious
Late print from what PAUL sold
Hooters is a restaurant and Chase drives a racecar
ICNB records all the revenue from Hooters spirits
simple
For there are already a handful of institutional investors in ICNB ROTFLMFAO!!!
who do you think invested the last $3M? mom and pop? hahahahahahaha
sweet!!!!! Glad ICNB records 100% of the revenue anyway rotflmfao!!!
he has a couple million IMO
My guess is PAUL has 2-3M shares for sale....hopefully I'm wrong and it's less.....after they get cleared out it will run
Chase Elliot in the lead w 30 laps left. Driving the Hooters Spirits car in 2 weeks. Will be amazing marketing for ICNB/Hooters
Amazing news!!! Next week should be interesting
This stock has been ignored way too long. Best mgmt of a tiny cancer company out there. And best technology
I agree. That was just for minimums. We should do way more
Great. It looks like this could run Monday and next week
use the license fee's to back into revenue
is that an official report? where did it come from?