Replies to post #195763 on Iconic Brands Inc (ICNB)

[Whiplash_Investor]

When a company purchased a company, they assume all liabilities and contracts. That doesn't mean they might not renegotiate the deal, but they are getting license fees for doing nothing. This year Rich must pay $255K and he still hasn't starting selling any products...claim is products in June. So far, all he has is Brand names.

[West Coast Snapper]

yes, Hooters will have to honor the deal and the Millions in revenue they OWE iconic