Iconic Brands Inc (ICNB)

[Drugdoctor]

.50 x 2 billion shares would be 1 billion dollars - so that would be the max I could see... of course that would be 85 times higher than the current price. For that to happen, the company would need to own 100% of Bellissima, as the CEO has stated may happen.

If it's only 51% then divide by 2 and you have .25 which is still about 40 times the current price...

And there are all kinds of other possible ways the billion dollars could be cut, therefore I still believe .15/share would be an outcome that would be realistic for shareholders... It also depends on how long it takes and how well the company is doing at the time of a buy out..

If the company is selling 20 to 30 million dollars/year of Bellissima worldwide and is nicely NET PROFITABLE, there is the possibility some of the profits could be used to BUY BACK shares and retire them, therefore then a buyout price could again be back up over .25...

So... my WAG - wild azzed guess - is .15 to .50... all much higher than the current prices... GLTA