Replies to post #200513 on Iconic Brands Inc (ICNB)

[Whiplash_Investor]

That’s correct. It’s a variable interest entity as described in the S-1 as well, owned solely by Rich, not at all by ICNB. And Hooters Spirits are an entity and only entity of United, so benefits go 100% to Rich. But here’s the kicker, all losses get paid for by shareholders (my speculation since shareholders have been paying 100% of all the other products’ losses even though only 51% owned).

Now Rich could change all of that, but it isn’t on paper and released to the public.

[TradingBabyishere]

#fakenews

This is coming from the #fakenewscamp that also used this logic to state that ICNB provided the bottles for Bellissima.

All lies and fake news.

Ignorance and lack of DD doesn’t excuse piss poor conclusions.

ICNB

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