Wednesday, July 05, 2017 10:02:02 AM
Who says he doesn't want a buyer looking at the past? Any perspective buyer would look into it and he is currently getting audited to show what has happened. It's a public company so it's all out there already.
As for someone actually buying ICNB with its current share structure it all depends on what type of deal they agree to. If the buyer was a big publicly traded company it would be pretty easy to convert ICNB shares to the new shares at the agreed buyout price.
They still have debt shares to introduce and in the event of a buyout the preferred shares at 100% ownership of bellissima will double the common shares. However on news of a buyout this will have a real chance to run before much of thoes conversions take place.
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/29/2023 09:21:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 12:51:54 PM
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