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Re: Whiplash_Investor post# 143565

Tuesday, 08/22/2017 11:16:03 PM

Tuesday, August 22, 2017 11:16:03 PM

Post# of 211693
An alternate explanation to the query in discussion:

Take note of the "acquisition" designation in the below statement; since we also find in the Q that $ICNB acquired Bellissimma on December 13, 2016, or within the past 12 months.

...List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months...

Acquisition of Bellissima Spirits LLC
On December 13, 2016, the Company entered into a Securities Purchase Agreement with
Bellissima Spirits LLC (“Bellissima”) and Bellissima’s members under which the Company
acquired a 51% Majority Interest in Bellissima in exchange for the issuance of a total of 10 shares
of newly designated Iconic Series D Convertible Preferred Stock

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y