Replies to post #104854 on Iconic Brands Inc (ICNB)

[agorich]

At par value or current share price? What are the terms of the not

[Drugdoctor]

The debt doesn't even have to be converted.... Just refinance it, and in 6 months, there should be sufficient CASH FLOW and NET PROFITS to just pay it off!

[bananarama]

They can use up to 2 billion OS shares, so another 24 million is meaningless. All that matters is earnings, and they already are earning money, lots of it. When CA earnings start coming in, look out.

Plus, EVERY company on earth uses dilution, not just ICNB.

[Dccpoker]

Actually it would be more like 200M shares after conversions since they get to convert at a discounted price from what the actual stock price is.