Iconic Brands Inc (ICNB)

[West Coast Snapper]

ROTFLMFAO!!!! "$800M in sales to be a $10 stock" BWAHAHHAHAHAHAHAHAHA

$800M in sales and this would be a $500 stock

Because of the low shares outstanding number, I'll use 15M to account for acquisition, Rich preferred, Preferred E, $15M in revenue would be a $10 stock

My guess is Hooters will be ~$4M this year, Bellissima $1M-$2M, and hemp at least $5M on a partial grow season. This does not factor in any new deals that we are expecting.

2020, hemp alone can be $25M in revenue. Since the market is a forward looking mechanism, not backward-looking, people will take into account 2019 revenue and be looking at 2020 revenue come June. If people believe hemp will be in the $20M-$25M revenue range for 2020, this will go to $10+ this year. Add in Hooters et.al and you could have $30M-$40M in total revenue in 2020. This could be $20-$25 early next year which would put us at a similar valuation as CVS*I on the same revenue run rate