Eater7 check these DD figures> ** 50,000 Cas

Eater7 check these DD figures>


** 50,000 Cases Per Month x 6 Bottle Per Case = 300,000 Bottles

* 300,000 Bottles Per Month x $19.99 Per Bottle = $5,997,000 Revenues Per Month

** $5,997,000 Revenues Per Month x 12 Months = $71,964,000 Revenues Per Year

** $71,964,000 Revenues Per Year x .1860 Net Profit Margin = $13,385,304 Net Income

Formula to use to derive the Earnings Per Share (EPS)…

Net Income ÷ Outstanding Shares

(OS) = EPS
$13,385,304 Net Income ÷ 814,790,609 shares

= .0164 EPS

Formula to use to derive the ICNB Share Price

Valuation…

EPS x P/E Ratio = ICNB Share Price

Valuation

.0164 EPS x 45.06 P/E Ratio = .738 ICNB Share Price

Valuation

This means that it is fair to presume that ICNB could be fundamentally trading

in the .73+ per share range based on their acquisition of Bellissima Prosecco and considering the max capacity of 50,000 cases per month. As more news is released by the company to confirm even greater growth that is upon the horizon, I believe the market will begin to see this and more as ICNB still is very much undervalued in my opinion.

Stay tuned… much much more is coming in my opinion!

v/r
Sterling