Iconic Brands Inc (ICNB)

[DL11]

It would appear that at present, ICNB shares are going up due to speculation, with the charts confirming accumulation and a rise. This also occurred in 2017, up to a pre R/S level of $0.033.

If we consider for ease of computation purposes that there were 800 million shares then and there are 8 million now, the current equivalent PPS would be $3.30.

But all the company had going for it then was Bellissima. Now it has a signed agreement with Hooters that will generate $millions per year in sales and CBD possibilities with Green Grow Farms (GGF). And that does not include any other deals we don't know about.

Plus, the share structure and debt from 2017 have been cleaned up/resolved.

IMO, this means at least $7-8/share just based on speculation. As 3rd Quarter financials show significant increases in sales and revenues from at least the Hooters deal, I expect $10+ from that alone late this year.

If the GGF deal is signed and leads to additional products that are CBD related, $25+ next year. Good luck to all!