Iconic Brands Inc (ICNB)

[Kramden1]

Iconic-Brands~(ICNB) Closes Bellissima-Prosecco Agrees to Terms with Debt-Holders!

Additionally Management is pleased to announce that Iconic has reached an agreement with its existing note holders, whereby terms of conversion have been renegotiated to not less than $.0015 and whereby no more than $20,000 USD can be sold in any single month without prior written approval from Management. Additionally, Management reserves the right to negotiate a final purchase of all outstanding debt during the 1 year term. Management wants to thank Iconic debt holders for working with the Company and assisting its growth. 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.

http://www.marketwired.com/press-release/iconic-brands-icnb-closes-bellissima-prosecco-agrees-to-terms-with-debt-holders-otc-pink-icnb-2183964.htm