Monday, December 19, 2016 11:08:20 AM
Anybody notice this little snippet at the bottom of the PR:
Iconic has updated its Security Details on OTC Markets to accurately reflect the current share structure, and Management is working towards completing current financial reports.
Well, Richard buried the bad news under a lot of fluff.
New shares outstanding as of 12/15/16: 814,790,609
http://www.otcmarkets.com/stock/ICNB/profile
Net shares outstanding as of June 30, 2016, according to the last quarterly: 390,874,361.
So, in less than 6 months, outstanding shares have doubled. Can you say "dilution"?
Recent ICNB News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/29/2023 09:21:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 12:51:54 PM
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