Iconic Brands Inc (ICNB)

[playfullyhappy]

cindylouwho,

I am pretty sure you are incorrect on this. I have forgotten exactly what the percentage of ownership that is required for a company to be able to claim and report another company's financial data and resources as their own data in it's entirety.

If memory serves me correctly it is more than 51%, but less than outright owning 100% of another company. I think it was around 60% or so ownership required before one company can claim the other company's financial resources and data as their own.

Somebody with either financial or accounting background should know.

BLTY