Replies to post #352 on Equity Field Notes from temporal sources

[DanWebzster]

ICON is a brand management company with piles of debt but a chance to survive.

Stock has gone from $44 ps to 0.25 ps as the retail environment has been transformed.

Most valuable brands include Umbro, Starter, Pony, Joe Boxer, & Ocean Pacific.

WMT & TGT have switched to in-store brands. SHLD's likely bankruptcy hurts.

OTOH, the AMZN/Starter license provides hope for a way forward in the present retail environment.

OTOH Umbro has been doing very well globally

Cash = $95mn with $50mn per Q Revs.

A R/S is quite likely. Will it be worth playing?

Here are the 3 primary risks to investors:

* Debt is paid down with shares - soon and/or again in 2020 when more debt becomes current

* After a R/S, the stock still gets delisted

* Revenue decline breaches covenants.