Friday, July 19, 2019 12:50:43 PM
what part of my post here is wrong?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150022269
that only $2.75 million cash is netted by scam company ICNB after the massive 14% financing charge?
that 5.0 million common shares will be issued after the $3.125 million in convertible preferred stock is converted to common stock at $0.625/share?
that 5.0 million more common shares will be issued after the 5.0 million warrants are exercised at $0.625/share?
that these 10.0 million newly issued common shares would more than double the latest common shares outstanding figure stated by ICNB in the latest 10Q of 8.6 million shares?
that all this would be considered MASSIVE DILUTION by any measure?
which one?
Recent ICNB News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/29/2023 09:21:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 12:51:54 PM
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