Iconic Brands Inc (ICNB)

[Whiplash_Investor]

The company has not shown anyone that they are making money. Fins say they are only losing money.

You are correct that dilution is necessary and will continue until he does make money and can save out enough to run the business (positive cash flow). Those 1st qtr results were terrible st 390K in sales followed by an increase in OS. That is the wrong direction.

Hopefully second qtr will prove out better. He needs to turn this around. If he can't do it CB is going to dump him. She won't want a scar like this on her back. If I were him, I'd take 1/2 salary or none until that goal is achieved.