Iconic Brands Inc (ICNB)

[La Dolce Vita]

Smoke and mirrors is the name of the game, and Rich knows the game well.

All this talk of the A/S being reduced is 100% false, or should we say 2500% false.

Here is why, the A/S presently is 2 billion shares. So after a 250 to 1 RS, the A/S would be reduced to 8 million shares, if left unchanged, i.e., 2 billion / 250 = 8 million A/S.

Now if the new authorized shares become 200 million, Rich will have diluted the share structure 2500%, i.e., 8 million × 25 = 200 million A/S.

Sounds like a lemon of a deal for retail shareholders.

"Giddyup to the A/S"

ICNB