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ICNB received shares valued at $1M for the 51% of GGF, so ICNB will presumably get whatever revenue that share ownership represents, which hopefully is more than 0.
ICNB only owned 51% according to the original PR of 5/9, so they couldn't sell 100%, they do not own the other 49%.
The PR at the time (5/9) specified ICNB exchanged 2 million restricted shares for 51% of GGF. At that time, shares were selling at $1.54. The question is, what was the value of the "restricted" shares? If the same (1.54), we just paid $3M to get $1M. Tell me it ain't so.
I’m thinking just the opposite. If you’re in Hooters already and the waitress asks you if you like to try something new and different, you’re going to say yes. Consider the clientele and the circumstances.
Time to back your statements with facts. Spoiler: there aren't any.
Prove it. Link it.
The consolidation of all associated entities into ICNB may be on the horizon. "Mr. Allen will also be spear heading the task of consolidating the entirety of the assets of both Bellissima and Bivi into Iconic Brands . This is consistent with what the company has intended, and previously stated."
Not the same David Allen
You could be that someone: jliu@islandstocktransfer.com
Per transfer agent 1/24: O/S: 1,184,285,265 Float: 994,883,382
Any other numbers regarding OS or float are not supported by fact.
Not to be outdone by the Publix 2 for 1 offer, BevMo is offering a 5 for 1 deal. When asked, the manager said, "well we love this stuff so much, we wanted everybody to have lots of it, even if we lost money giving it away"
Interesting articles for sure, but hardly the "Italian Wine Industry". I get your point though. In practical terms, does that affect the taste or sales? Even the articles suggest ,most people don't know or care. We'll see.
The entire Italian wine industry say DOCG is better quality and taste than DOC? Source please.
I've found nothing that directly compares the taste/quality of the two. According to the Italian governing body that certifies, it's about region and method.
Denominazione di Origine Controllata e Garantita (DOCG):
All wine featuring this on the label must adhere to the strictest rules and regulations, set forth to promote both consistency and quality of product. As of this writing, there are only 74 wines that have earned DOCG status.
Denominazione di Origine Controllata (DOC):
The second classification is DOC. Any bottles of wine with this designation is still within the appellation system and must be scrutinized for quality assurance, but regulations tend to be a bit more loose than with DOCG wines. At the time of publication, there are only 329 wines that have earned DOC status.
Henry wine rep in SoCal, while at a tasting with reputable restaurants it. But we’re quibbling now.
Doc orDocg has zero bearing on quality. It is a certification of origin and requires additional payment. This point has been made many times
It does matter. Statements should be accurate, not inflated or deflated to serve an agenda or position. Details and accuracy are important. It allows one to look beyond the stats.
We’ll see. Average prosecco is 12-15. Bellissima is marketed as a premium prosecco and fits within the price range of that category.
Thanks
He answered all questions I’ve asked
Indeed. I believe this time will be a different story based on the following: this product is in the stores and selling - well by my 1st hand local accounts; this product is a quality product - as judged by me and (more so), those I trust; The product serves a specialty niche - organic and sugar free; Proscecco is currently the fastest growing sector in the alcoholic beverage market and love her or not, CB has had success in everything endeavor she's taken on. She is the perfect brand ambassador as she embodies the lifestyle many aspire to: healthy, wealthy and fun.
Beyond that, we shall see...
Marijuana University was under different management if I read the filings correctly. The management of MU took over management ICNB for a while.
I have and have posted the response.
Audit for year(s) ending 2017. 49% conversion in process. Focus diverted slightly to Publix opening, new big box opening and international distribution. He's been doing almost all of this with one other person. And of course, CB. He's now finally able to bring some staff on board.
Ask Rich. He answers reasonably civil emails. Why ask the board?
What are the 8 failed companies some refer to? I count 5 failed brands. What are the facts? And what is purple sizzurp drank? Couldn't find CEO linked to anything like that.
His list was 5 brands. I challenge those who continue to make assertions that cannot be fact-checked. I'm asking for fact check help. I'll stop asking when it stops coming up in post after post designed to diminish the CEO. If the CEO deserve deriding, so be it. But present verifiable facts when doing so. 5 product failures is not 8 business failures.
I keep hearing about 8 failed companies before this, but no one has been able to explain what those companies are. My DD has not revealed this. Anyone who use the number 8 care to shed some light on this? Company failures, not product failures. And don't include Bellissima, that product is in distribution and selling.
As meaningful as the .73 valuation.
Multiple locations you’ve checked have no prosecco? Are they the same BevMo locations that also have no prosecco? If true, then all those pix of Publix shelve must be photoshopped. Where were these again?
Where was that Publix again...?
Still doesn't answer the question. Also, he includes Bella Proseco to get to 8. I ask this as I have not found 8 companies that the CEO has failed. Companies failed, not product failures.
OK, humoring you for no apparent reason... where is "here"?
Thanks for that. If we exclude Bivi, which is still on the ICNB brand collection, the total is 5 brands which did not find market traction. How many companies does this represent? How do we get to 8?
I can see how some of those brands were doomed from the outset. Lemon cello almost caught on, but Saatchi estimates 60 new vodkas are introduced each year and 60 vodkas go out of business. Not the same 60, but certainly vodka would not be an obvious path to success.
I do not hold product failures against an entrepreneur. It’s almost a prerequisite for non-failure. If s/he learned from those costly lessons.
It remains true that a falsehood oft repeated does not make it true. Just the facts, ma'am. Please.
I'm buying. And I'm not nobody.
How do you know the "targets" of the 11/17 PR are falling short? I don't recall targets being established, only a report on shipments totaling $2M+ Q4 to date.
I've often heard "8 failures". What are they?
Incorrect. She is contracted with ICNB for the Bellissima brand. Unless you have real inside info, no one knows her investment in ICNB. Those that know, aren't talking and those that talk, don't know.
PR of 7/19: Iconic Brands, Inc . (OTC PINK: ICNB) announced today that they have executed a modified agreement with our Brand Partner for Bellissima Prosecco, Christie Brinkley , which extends the partnership in perpetuity or until a sale of the brand. This is a commitment by both parties to build the brand on a National and International basis, and create the number one Prosecco in the world.
March 15
Because the statements are not based in fact.