Replies to post #120636 on Iconic Brands Inc (ICNB)

[Kicking Wing]

She's on commission and never bought those shares Decicco offered. Now we know why. Next quarter 30,000 cases, right? Even if sales double every PR will be met by dilution. Over 800m shares and $300,000 in sales. Dead money. Fair value right now is .007

[Joseph Knecht]

ICNB acquired 51% of Bellissima from Bellissima Spirits LLC, a company controlled by Richard DeCicco and Roseann Faltings, not "Christie's group."

ii) Richard DeCicco beneficially controlled Bellissima Spirits LLC, the Company’s subsidiary prior to Closing, so the 5 shares of Series D Preferred Stock used to acquire Bellissima are likewise beneficially owned by Mr. DeCicco for Rule 144 purposes
(iii) Roseann Faltings beneficially controlled Bellissima Spirits LLC, the Company’s subsidiary prior to Closing, so the 5 shares of Series D Preferred Stock used to acquire Bellissima are likewise beneficially owned by Ms. Faltings for Rule 144 purposes