Replies to post #194570 on Iconic Brands Inc (ICNB)

[West Coast Snapper]

Because we have a CBD deal worth $100M

Hooters deal

Going to $10 in 2019

[TradingBabyishere]

Have you been looking at the news and have you seen the chart?!?!?

This is going to test the 2017 run levels.

ICNB

$$$$$$

[DL11]

If it tests 2017 high of 0.033 with 800 million O/S then, using 8 million O/S now to keep the math simple, that would be $3.30.

But consider what we have now that we didn't have at the time of that 2017 high:

*Multiple products/new products
*The Hooters deal and possibly others in the pipeline
*CBD prospects that are looking more real
*Share structure cleaned up
*Debt has been addressed

Maybe some things I've missed.

Based on the above, $5 just on pure speculation (no reported earnings) seems likely. And IMO, once earnings come, $10+.

A PR on the ownership consolidation and CBD in the next week or 2 would really propel this thing, maybe right to $3 or even $5. Not thinking the 2018 or 2019 1st quarter earnings reports are going to affect it much. 2019 3rd and 4th quarter, different story. $ICNB