Iconic Brands/ICNB-Sales and Funding Update
AMITYVILLE, NY–(Marketwired – 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.
Additionally and further to last week’s update, as of today’s close of business, the company has shipped orders in excess of $2 million USD for the year, and is confirming close to $1 million USD is now scheduled to ship before Thanksgiving. The company will provide an update on our retailers once shipments are on the shelves in the coming days and weeks.
Mr. Richard DeCicco commented, “I want to thank our shareholders for their continued support. I’m making every effort to keep all informed through this critical growth phase of our brand and appreciate the emails, as well as support on social media in getting the word out on our Bellissima line of Prosecco and Sparkling Wines. To that end, I would love to have our shareholder base start an initiative to have all their friends and family have a bottle or several, of Bellissima Prosecco for Thanksgiving, #happybellissimathanksgiving.”
In an on Premise update, Bellissima is now being served at Planet Hollywood nationwide.
Please visit our website and join the mailing list at www.bellissimaprosecco.com; also see our product availability map, as well Christie’s appearance schedule, which we will continue to update, and great new recipes; also follow us on twitter at @BellissimabyCB.
About Iconic Brands, Inc.
Iconic Brands Inc. (“Iconic”) is a beverage company with the highest expertise of developing, from inception to completion, alcoholic beverages for itself and third parties. Iconic Brands markets and places products into national distribution through long standing industry relationships. Iconic is also a leader in “Celebrity Branding” of beverages, procuring superior and unique products from around the world and branding its products with internationally recognized celebrities. Currently offering Bivi Vodka, www.BiviVodka.com and Bellissima Prosecco, www.BellissimaProsecco.com.
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.
Iconic Brands, Inc.