The next filing is for YE 12/31. It is due 3/2/17.
Post# of 3333
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Posted On: 02/23/2017 8:26:53 AM
The next filing is for YE 12/31. It is due 3/2/17. According to a Jan PR, they sold 7k cases in the last few weeks of 2016. From what I read a case costs 113. That would make 2016 revenues for this product alone...
7000 * 113 = 791,000
Their capacity is currently 30k cases per month. If they sold full capacity revenues for the first quarter would be...
90,000 * 113 = 10,170,000
7000 * 113 = 791,000
Their capacity is currently 30k cases per month. If they sold full capacity revenues for the first quarter would be...
90,000 * 113 = 10,170,000
Quote:
AMITYVILLE, NY--(Marketwired - Jan 4, 2017) - Iconic Brands, Inc. (OTC PINK: ICNB) is pleased to announce Bellissima Prosecco, www.bellissimaprosecco.com, finished the last 8 weeks of 2016, our first sales cycle, with sales nearing 7,000 cases, and additional case sales were only limited by initial inventory. The company is positioned with current monthly allocated capacity of 30,000 cases which can be increased based on demand; an additional run of our custom bottles has been placed for approximately 100,000 pieces in anticipation of our phase II launch.
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