Iconic Brands Inc (ICNB)

[STEVEN52]

Good post man. However, I believe ICNB can still rebound -- especially if Q2 numbers are good. That being said, I always knew that Rich is a typical venture capitalist whose primary objective is to skim the cream from the top and line his own pockets. While he and his wife are living high on the hog, honest small investors, got duped and bought into this at 2 and 3 pennies. Now he is laughing to the bank, while these poor folks burn and stew. Now don't get me wrong, if this were a successful company already, I would say that he should be compensated for his hard work, but ICNB is far from being a successful venture at this point. It has tremendous potential to do well in the future, but he should have some scruples and take a deferred compensation package until the company begins to turn a good profit. When we get a peek at audited fins, man we will get a rude awakening on his extravagance, IMHO. Perhaps, that's why he is dragging his feet to get fins audited.