Iconic Brands Inc (ICNB)

[Whiplash_Investor]

Stock would be doing fine were it not for his 3 layers of dilution/future promised dilution. First, he dilutes for operating expenses (not much choice until he becomes cash flow positive, which CB's efforts will help that happen, but when?). Second, he dilutes every month paying off creditors (10% of daily volume max). He's 613M to work through over 2 to 3 years. And his Pref D's will double the share count right before a buyout, halving everyone's value here overnight.

Until the dilution cycle ends in 2 or 3 years, the sales and PPS won't track very well.