Iconic Brands Inc (ICNB)

[Whiplash_Investor]

Right on, except 2017 revs were actually $2.5M. No other year that I’ve found ever reached close to this numbers. That year, last qtr, a New Years deal was struck with Publix and those numbers were because Publix preordered $2.1M and gave them away with a 2 for 1 sale. I visited a Publix in Orlando, Fla and saw a few bottles (took pictures and talked to Wine Steward and she said Brut sold the best). One year later, I went back to the same store and there were 3 bottles collecting dust on the bottom shelf. When I say collecting dust, it was like no one ever touched the bottle to look at it.

Anyway, I hope shareholders catch a break with new products. As to new shareholders, Iconic has been trying since 2005 and still sells more shares than product. Recommend waiting until 2 sets of fins show positive earnings, so they can stop issuing shares. Then buy. Otherwise, you may watch your account drop 90% again. Last RS in Jan 2018, PPS (immediately post RS) was $.6625. It dropped to $.10 in a few months. And where is it now? $.29, after 4 years.

So strategy is to wait.