Iconic Brands Inc (ICNB)

[Whiplash_Investor]

Actually, not really because OS then was about 849M (FDOS was double that or 1.7B). Adjusted for 1:250 RS, the 1.7B FDOS converts to 6.8M back in 2017.

Now FDOS (without dilution from Green Grow, Bellissima/BiVi ownership transfers) now is 5.7M + 2M + 2M or 9.7M.

So $2.50 would need adjustment of multiply by (9.7/5.7) or $4.25.

Bottomline is $.01 back in 2017 would be equivalent to $4.25 now, not $2.50, assuming market cap were identical.

Unfortunately, it will be higher once the additional dilution coming is quantified.