Iconic Brands Inc (ICNB)

[STEVEN52]

It has also agreed with the escrow to convert another 400 million plus of common shares for debt settlement. That's a lot more than the numbers that have been thrown around here! But, all in all, the financials for 2017 are lot better than 2016. The sales revenues of $3.2 million that Rich announced late last did check out, so that's a fact now, although the numbers have not been audited. Last week, I said his travel expenses are exorbitant, and someone said I had no proof. Well, here's the proof, its about $150,000.00 if I recall. That's very significant, and his travel expenses should be check and verified independently so make sure he is not misusing the company's funds. His unconventional compensation packet and that of his woman is about half a million dollars -- payable for 2016. Looks like he also deferred his salary for 2017. The medical marijuana deal that went sour, appears to be suspicious, and may have been part of a bigger scheme to cover a nefarious objective. Hopefully, we have an accountant here on this board to analyze them. I will email it to a CPA to explain some of it. That being said, I think trading on Friday and how the market respond to these numbers should be very interesting!