Replies to post #114116 on Iconic Brands Inc (ICNB)

[Drugdoctor]

Why-the-DEBT-CONVERSION-NEWS-is-GREAT-for-ICONIC-SHAREHOLDERS!

Since 10% of the average daily volume can not be exceeded, let's look at the average daily volume... It's about 10 million shares...

That limits the converters to about 1 million shares per day they could sell... Therefore with 482 million shares.... it would take them 482 trading days to sell all 482 million shares... That's about 1 and 1/2 years folks.... So if they were to pound the bids, they would not get a return on their shares.... So they will be SHAREHOLDERS, just like us, for a long long time...

So old DEBTHOLDERS are now INVESTORS.... And if the company does well, we all do well!