Iconic Brands Inc (ICNB)

[FroMagic]

ICNB - Latest PR & News Recap

ICNB: https://www.iconicbrandsusa.com/
TopPop: https://toppoppkg.com/
Bellissima: https://linktr.ee/bellissimaprosecco
Bellissima Instagram: https://www.instagram.com/bellissimaprosecco/
Sonja Sangria: https://www.splashwines.com/pages/sonja-sangria
Bella Sprizz: https://bellasprizz.com/

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Most Recent Bellissima Segments On QVC (with Christie Brinkley):

Bellissima by Christie Brinkley 3-Bottle Wine Gift Set
Oct 11 2023
https://www.qvc.com/bellissima-by-christie-brinkley-3-bottle-wine-gift-set.product.M92695.html?sc=IROA

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Iconic Brands Financial Results for First Quarter 2023 + Accompanying 8-k

June 29, 2023

10-Q filing:
https://www.otcmarkets.com/filing/html?id=16764114&guid=O2D-kF9S0YGaJth

8-k filing:
https://www.otcmarkets.com/filing/html?id=16761049&guid=O2D-kF9S0YGaJth

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On June 28, 2023, the Company filed a voluntary petition for its subsidiary, TopPop, under Chapter 11, Subchapter V of the bankruptcy code in the Eastern District of New York, Case No. 23-72310. (note: you can stay up to date with all the latest court filings, etc. from the court above).

TopPop intends to continue its operations as a debtor in possession while it reorganizes its debts. The bankruptcy filing constitutes an event of default under all of the Company’s outstanding debt obligations. There were no other contract violations and the other wholly owned subsidiaries will continue operations as usual.

*** Note: simply Google "chapter 11 subchapter v benefits." IMO, this appears to be what ICNB is seeking to do (present a plan forward). Essentially a faster, cost effective way to reorganize debts and move forward for a small business.

Free site/link to the latest filings. Go to the court website directly if you want to pay to read them.
https://www.inforuptcy.com/browse-filings/new-york-eastern-bankruptcy-court/8:23-bk-72310/bankruptcy-case-toppop-llc