Iconic Brands Inc (ICNB)

[Asyp]

you mean the fluff "news" that everyone already knew about because that "news" was already floated around message boards for people who watch and/or trade ICNB...all I know, as evidenced by the annual report is there has been very minimal dilution to finance expansion and distribution of the product...all of the dilution, which should've been anticipated (maybe not to the extent it happened, but to be expected to some extent) because pretty much all of those notes were past due, accruing interest and ICNB had no way of paying those debts off AND funding the expansion of Bellissima throughout the U.S., this dilution happened to pay off old debts which were used to finance the product development of Bellissima and restrictions were put in place so that these note holders cannot mercilessly bury the share price - why would they agree to these restrictions at all? Because they believe in the brand and it instills investor confidence that all of these newly issued shares arent going to end up in the float