Iconic Brands Inc (ICNB)

[Asyp]

agreed...I dont believe Rich is diluting for his own personal benefit here as many believe he is based on my many personal discussions with him over the past 7 months...he could very well be diluting to grow the brand, that I can agree with, but I dont believe he's "scamming" investors...the fact that we cant differentiate between shares issued for the debt settlement agreement and the possibility shares are being issued for the funding of the expansion is a bit concerning to me, however, I am still comfortable knowing that fully diluted at 2 billion shares this still has a market cap of $20 mil at .01 and valuing the entire brand at $40 mil, high based on what we currently know for today's sales, yes, but I think in the long run assuming no reverse splits or increases to authorized shares until a buyout then ICNB can run much higher as early as mid 2018...as long as there's no reverse splits (again Rich says he has zero intention of doing so) then I dont see a problem with dilution in lieu of toxic debt to finance the rollout...

much is unknown but as the story plays out we will know a lot more before the end of the year...