Replies to post #162923 on Iconic Brands Inc (ICNB)

[Joseph Knecht]

It has been a mere 14 business days since the fourth quarter ended. No one could reasonably expect this company to produce audited financials in that time. Last year's annual report was published on April 17.

What we might get is some guidance. Last year, Rich issued a p.r. with Q4 case sales on January 4. Perhaps he will inform shareholders of Q4/2017 case sales in the days or weeks ahead. That would be a great bit of info to have.

[STEVEN52]

Hard to tell, with so many variables at stake. But, like I say, I could be a combination of incompetence and not having the right business acumen. It's also very likely that he grossly estimated the sales volume in the last quarter, and now he can't face shareholders. He has been such a dismal failure in all his previous business ventures that the market does not believe anything he says. Honestly, he has put out some positive PR's over the past couple months, but instead of going up the value has gone down. This is really a bad situation all around.