Iconic Brands Inc (ICNB)

[Drugdoctor]

Well stated.... most longs agree - a finite limit to the amount of shares that the debt conversion would bring to the outstanding, and a limit on how many shares can hit at one time, will make INVESTORS out of the debt holders, therefore they will only sell in small batches and it won't tank the stock... is a much better deal than 50% off the lowest price in previous 20 trading days with 10% outstanding conversion limits... the traditional "deathspiral" conversions that originally brought ICNB down to .0001.... Nope... not happening with this deal!