Iconic Brands Inc (ICNB)

[pocket.change]

WOW!!! Check this out!!! richie boy issued himself over $1.5 MILLION dollars worth of stock for a failing company!!! LMAO!!! Thanks for provided that document Joseph Knecht!!!

from the 10k:

2) 19,634,112 shares of common stock were issued to Company management and personnel for services rendered, including 15,972,359 shares to the Richard J. DeCicco, the Company’s Chief Executive Officer, 100,000 shares to the William Blacker, the Company’s Chief Financial Officer, and 2,586,753 shares to Donald Chadwell, the Company’s director at the time. The estimated value of the services rendered is $1,963,411 and 850,000 shares to eight employees, and 125,000 shares to a law firm. These securities were issued in reliance on the exemption under Section 4(2) of the Act; the recipients are affiliates of the Company and had access to all of the information which would be required to be included in a registration statement and the transaction did not involve a public offering.

3) 2,086,973 shares of common stock valued at $208,697 were issued to Danny DeVito and affiliates, accredited investors, for consulting services performed in connection with the License Agreement between the Company and Seven Cellos by which the Company obtained a limited license for the use of Danny Devito’s name and likeness and his endorsement in connection with the manufacture, distribution and promotion of the Danny Devito Premium Limoncello. These securities were issued in reliance on the exemption under Section 4(2) of the Act and did not involve a public offering;

https://www.sec.gov/Archives/edgar/data/1350073/000147793213002636/icnb_10k.htm

So if we do the math, Danny DeVito (yet another failed business venture of richie boy's) received 2,086,973 shares valued at $208,697 and RICHIE BOY gave himself 15,972,359 shares with a comparable value of... drum roll please.... $1.6 MILLION at that time... and that's what he gives himself for FAILING at business ventures. WOW!!! OOPS!!!!