DD Support Board and Research Team

[Joseph Knecht]

I would greatly appreciate it if someone would tell me if I am I reading this ICNB Disclosure Statement correctly.

1. DeCicco and Faltings beneficially controlled Bellissima Spirits prior to the closing.

2. ICNB bought 51% of Bellissima for 10 shares of ICNB Series D Preferred Stock.

3. DeCicco and Faltings now own those 10 shares of Series D Preferred Stock.

4. Collectively, those 10 shares can be converted to 51 percent of all ICNB common shares outstanding at the time of conversion.

Here are the references:

"(ii) Richard DeCicco beneficially controlled Bellissima Spirits LLC, the Company’s subsidiary prior to Closing, so the 5 shares of Series D Preferred Stock used to acquire Bellissima are likewise beneficially
owned by Mr. DeCicco for Rule 144 purposes
(iii) Roseann Faltings beneficially controlled Bellissima Spirits LLC, the Company’s subsidiary prior to Closing, so the 5 shares of Series D P
referred Stock used to acquire Bellissima are likewise beneficially
owned by Ms. Faltings for Rule 144 purposes"

"On December 13, 2016 the Company approved the creation of a new class of preferred stock in order to facilitate Closing of the Securities Purchase Agreement with Bellissima Spirits LLC (“Bellissima”) and Bellissima’s members under which the Company acquired a 51% Majority Interest in Bellissima in exchange for the issuance of a total of 10
shares of newly designated Iconic Series D Convertible Preferred Stock. Each share of Iconic Series D Convertible Preferred Stock is convertible into the equivalent of 5.1% of Iconic common stock issued and outstanding at the time of conversion."

http://www.otcmarkets.com/financialReportViewer?symbol=ICNB&id=164766