Iconic Brands Inc (ICNB)

[StoshJagelski]

Morning update: ICNB is now showing its true weakness. We see it settling on a price of .003 to .005. The copper will vanish and the dropper will appear. The business is built on sand and we do not have any information as to margins, revenue, supply of product, management beyond Richie, or really any visibility on what the company does. Is it a promotion company? Is it a manufacturer? Are there even bottles of booze in those boxes or are they empty? Maybe they are just a box company. We have no idea due to the lack of disclosure. The company also has a history of deep involvement with some of the most toxic of toxic debt players. The Love Canal of the the OTC is where ICNB hangs out. And it appears the hype train has been derailed. ICNB is a share selling enterprise and not a wine selling enterprise. Thank you for all the PMs saying I am correct. I appreciate the support even if it is in private. Be well.