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Interesting. Thanks.
My, my.
Is this correct? #msg-130767878 Was the O/S "only" 2.1 billion as recently as 4/24?
Or Margaret Mead mead.
At some point, we should find out the relative popularity of the three wines. I look forward to that.
I own the stock. I bought the the Prosecco Brut and wanted to like it. I didn't. It tasted thin and tinny to me. I tried it again. Same result. I'm not a wine connoisseur, but I have drank a lot of champagnes and sparkling wines over the years, and I simply didn't think it was very good.
I then tried the Zero Sugar. It was better than I expected, but perhaps that was because the Brut had set the bar rather low. Would I be a repeat customer at $23.99/bottle (the price I paid)? Nope, but if zero sugar is important to enough people, I think it could find a niche. I haven't tried the Rose.
I sense a certain reinvigoration.
Here's why: It was "in response to several shareholder inquires..." He was throwing a bone to his fanboys. And I agree with you. Addressing message board detractors tends to be counter-productive.
Ian Treleaven would be a good guess.
It certainly was indicative of the hyperventilation that surrounded the stock during that period.
Yes, the humpy pumpy days of .73 stickies seem long ago.
If second quarter sales are strong, I expect that we'll hear about it relatively early in July.
I'm simply more skeptical of such exponential growth. I own the stock. I'd be happy to see it. I just have less lofty expectations than many seem to have.
On2, would you pay $312 million for a company with $24 million in sales? I wouldn't.
Also, I know that many shareholders salivate at the thought of Rich selling his remaining 49% of Bellissima LLC to ICNB. I'm not one of them. I think it would be a bad indication.
Soooo....that would be a sale price of $312 million for 51% of a prosecco line that had a whopping $300,889 in first quarter sales. Very reasonable, very reasonable indeed.
The "Institution" bought $193.80 of BVTK at 11:01:19 this morning.
Look at the angle of Trump's water glass. Jeez.
So if you're adorned in such legitimacy, why put out such a smoke-and-mirrors type tweet? The optics are bad.
A tweet such as that is beneath a company that wishes to present itself as a potential player on the national stage. Someone should vet these before they go out.
According to the p.r., "the company is hopeful and confident we can have approval by the 3rd quarter of 2017." Whether that means the beginning, midpoint or end of the quarter is anyone's guess.
If Thomas A Cellucci, PhD, MBA was going to the White House, Thomas A Cellucci, PhD, MBA would make sure that everyone knew about it.
Look again. Five are named in the fourth paragraph:
An administration official said leaders from 18 companies are expected to attend, including Amazon (AMZN, Tech30) CEO Jeff Bezos, Apple (AAPL, Tech30) CEO Tim Cook, Microsoft (MSFT, Tech30) CEO Satya Nadella, Founders Fund's Peter Thiel and Eric Schmidt, executive chairman of Google's parent company, Alphabet (GOOG).
The remaining 13 are listed at the end:
Ajay Banga, CEO of MasterCard
Zachary Bookman, CEO of OpenGov
Safra Catz, co-chief executive of Oracle
John Doerr, chairman of Kleiner Perkins
Pat Gelsinger, CEO of VMware
Alex Karp, CEO of Palantir
Brian Krzanich, CEO of Intel
Tom Leighton, CEO of Akamai
Bill McDermott, CEO of SAP
Steven Mollenkopf, CEO of Qualcomm
Shantanu Narayen, CEO of Adobe
Ginni Rometty, CEO of IBM
Julie Sweet, CEO of Accenture
Ask yourself this: If Bravatek was going to be in attendance, don't you think this never-shy-to-blow-its-own-horn company would have tweeted the living hell out of it all weekend and this morning?
CNN has a different take on who is attending the summit: http://money.cnn.com/2017/06/19/technology/trump-meeting-tech-ceos/index.html
Forty minutes, two trades, 33K shares total. Hmmm.
Maybe. When the audit is completed and filed, we'll see where we stand. As I'm sure you have noticed, the range of expectations is vast.
The last p.r. stated that ICNB had retained an auditor to fully audit the company and "allow for trading on a more senior exchange." It's a very measured statement. It's not like Rich looked up to the sky at twilight and tearfully proclaimed "As God is my witness, I'll never be a pinkie again!"
Like its cousin "buyout talk," uplist talk is often just that. We'll see.
Yeah, she has an option to purchase 1% of the common stock on a fully diluted basis at an exercise price of .001 per share. That option expires on November 12, 2017.
That is not correct. ICNB owns 51% of Bellissima. The remaining 49% is owned by Bellissima Spirits LLC. Bellissima Spirits LLC is not Christie Brinkley. It is a company controlled (owned) by Richard DeCicco.
I've yet to see a link that showed she owns any part of ICNB.
Yet the last quarterly report (period ending 3/31/17) states that he owns exactly 61,000,000 shares of common stock. Could the 15,981,319 from 2009 have been converted into another class of stock?
Regarding those 60 million shares, here is something that is (mildly?) interesting. I hadn't come across it before. The 8-K filed on 5/21/15 contains an exhibit 10.2, the "Unwind Agreement."
It states in part:
"Immediately upon the Closing of this Agreement, Mr. Houghton and Mr. Stark will once again own all of the LLC Interests in MEDICAL MARIJUANA BUSINESS ACADEMY, LLC, and the ICNB Common Shares shall be returned to Treasury, and thereafter cancelled and extinguished by ICNB’s Transfer Agent, such that there shall be 60,000,000 fewer shares of ICNB common stock issued and outstanding."
Hmmm. Either Rich's shares are not the same 60 million shares or the shares found a way not to be returned to the Treasury. I do not know which is the case.
https://www.sec.gov/Archives/edgar/data/1350073/000107997315000398/ex10x2.htm
Here's how the 8-K filed on 5/21/15 chronicles the events:
In my experience, entrepreneurs are rarely good managers. I thought that was why Bianco was brought in, so Rich could run around with his hail-fellow-well-met-let's-drink-some-bubbly schtick (i.e. -- place Bellissima in new locales) while Bianco ran the business. But if that is actually the set-up, it appears to need tweaking.
RE: didn't a PR state they were working to purchasing the outstanding 49% stake in Bellisimma?
Yes, in January: "Additionally, Iconic Brands management is finalizing plans to consolidate the ownership interest of Bellissima Spirits and Bivi Vodka to a 100% interest, terms and conditions are being finalized, but this is deemed a necessary and prudent step in the growth of our Portfolio and will be beneficial to our shareholders."
http://www.otcmarkets.com/stock/ICNB/news/Iconic-Brands-ICNB-News?id=148414&b=y
10 billion as of 5/31/17
Excellent point. I had assumed that the difference was much more substantial than it is. I think most people would.
I agree. We could find a sizable market there.
From strictly a caloric standpoint, you'd have to be chugging an awful lot of prosecco for the switch to Zero Sugar make much of a difference. According to most sites I've looked at, regular prosecco has 108 calories in a five ounce serving. Bellissima Zero Sugar has 92. So the total difference in an entire bottle is about 80 calories.
Admittedly, there are other reasons for people to seek out zero sugar. We could find a niche there.