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Forum - Penny Stocks (ICNB Financial - ICNB)   

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From: 123414 (Rep: 0)Date: 12/31/2017 06:13
Forum: Penny Stocks - Msg #1120 - List ICNB msgs Thread #673978123 (Rec: 0)
Google finance ICNB Market Cap 5.2M/2017Q4 REV 2.5M


Some numbers out of the latest financials.
$61,767
$138,280
$892,721
$1,099,094
$50,094.
$75,449
_________
2.3 Million Debt

2.5 Million Q4 2017 revenue

The company is projecting to finish the year with over $3.3 million in revenue


Also, On December 23, 2016, the Company decrease the total number of authorized shares from 2,500,000,000 shares, to 2,000,000,000 shares

This signals to investors the company is "coming off the credit card/ toxic financing".

****************************financing ******************************
AMITYVILLE, NY--(Nov 17, 2017) - Iconic Brands, Inc. (OTC PINK: ICNB) Iconic Brands is pleased to announce that the company has more than doubled the previously announced purchase order financing to in excess of $650k USD with no equity component, allowing for continued growth, the company expects this credit facility will continue to expand with demand.
https://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=7531226427268548&topic=ICNB&symbology=null&cp=null&webmasterId=90338


AMITYVILLE, NY-- (Dec. 20, 2017)- The company is pleased to announce the repayment in full of the initial product funding lines. The Company is also going to take advantage of a discounted payback incentive for the remaining second funding, and expects the next tranches to be available to the company as needed as product inventory depletion rates have been solid and swift.
https://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=7136382849123426&topic=ICNB&symbology=null&cp=null&webmasterId=90338
__________________________________________________________________

**************************2018 expansion**************************
The company expects to continue adding major retailers and big box stores throughout 2018, and continue to grow sales. Bellissima is now a very successful national brand with international expansion plans to include Asia, United Kingdom, Australia, Holland and of course Canada starting with the LCBO for 2018.


T-trades were going on during the run up over .03+

Whats next in this pattern? .0005 then .005 next stop .05?

When a company takes in almost than half of it’s market cap in one quarter it signals that the product launch is successful. Further supporting the success is the repayment in full of the initial product funding lines (linked above Dec 20).

Google finance ICNB Market Cap 5.2M/2017Q4 REV 2.5M

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