Iconic Brands Inc (ICNB)

[cjstocksup]

mrcalifornia, with this important ICNB Debt Confirmation...

This confirmation that you have posted regarding the debt for ICNB makes ICNB better than what I had originally thought.

** I thought there were 4 Note Holders, but there are only 3 Note Holders remaining.

** I though that the conversion amount was for 4 note Holders at $20,000 per month per Note Holder, but it is only 3 Note Holders at a $20,0000 per month total for all 3 Note holders combined.

I will later go back and post a revision to some earlier thoughts I posted regarding the debt structure. I think this is important for all to understand. Thanks again for posting this email from the ICNB CEO below:

Quote:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127792378
Response on notes from CEO

$20,000 total per month per the language.

Not $60,000

Regards,

Rich

********************
Good afternoon,

Just a quick question about the outstanding debt that was renegotiated.
The no more than 20k per month was per holder correct? Just going thru the filings and it looks like 3 holders total? So 60k per month ?
Thanks in advance

**********************


v/r
Sterling