Replies to post #72497 on Iconic Brands Inc (ICNB)

[Diamond42]

You're trippin...... margin is probably around $7.50 per bottle ........ if not a little more.

[Theodore Vail]

ma zdrowie Stosh....have another one.

[Slydogg27]

1.00 PROB TO CB


LOL 1.00

[Boon101]

The January 11th press release states, "Additionally, Iconic Brands management is finalizing plans to consolidate interest of Belissima Spirits and Bivi Vodka to a 100% interest, terms and conditions are being finalized..."

This is more news to look forward to.

[trademax42]

click on the link below, and look for the beverage (alcoholic). The margin is over 19% or about $4.0. The margin for this hot product could be even higher because of its high demand and economies of scale of production. I would say it could be close to $5.0 dollars.

The margin is likely $1.00 per bottle at the very best

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/margin.html


Go $$ICNB$$

All imho, not an investment advice. Do your own DD and decide for yourself.

[TradingBabyishere]

Actually we own 100% of everything that is bellissima. Please refer to a PR released by the company.

https://www.statista.com/statistics/209163/us-wine-industrys-gross-margin/

Turns out margins on wine are much better then you would give them credit.

So the company making $3 to $5 a bottle is very realistic.

That being said, the company will be making some serious cash as we continue to move our product out in greater volume.

ICNB will end up a profitable company this year and you can take that to the bank.

;-)