Iconic Brands Inc (ICNB)

[ctrumabll]

"Hooters" a "billion dollar brand"?

Is this related to the ICNB "billion dollar buyout"?

Meanwhile, here are the facts:

https://finance.yahoo.com/quote/BURG/

Chanticleer Holdings is the company that owns the Hooters Copyrights and over half the stores. Let's look at the data, shall we?

Market Cap: 7.764M. Not exactly a billion dollar company there, is it? In fact, it is barely above ICNB, which has a Market Cap of 7.546M.

EPS: -1.7080 Yipes! A p/e ratio of over -2! Down 42% YTD: now that's a winner.

https://www.otcmarkets.com/filing/html?id=13434219&guid=fd7IUW6VDUx4A3h

Page 4: 1.9 million loss per quarter. Page 6: they are diluting!

The name "Hooters" has not been magical for some time.