Iconic Labs Share Discussion Threads

[pwhite73] 10/3/2023 15:55

endeavor2 - "I can't see that Brad Taylor would have put all the effort into sorting the mess out"

The directors did absolutely nothing as the company was in administration therefore legally not allowed to do anything.

The administrators wanted to know only one thing before putting the company into liquidation - "is there any money on the table to get the company out of this mess".

EGHOS replied - "yes there is - but"

The but is 0.0055p - 0.0065p.

[endeavor2] 10/3/2023 15:29

Patience is the key in anything stock market wise. Everyone wants things to happen quicker but they seldom do.

I can't see that Brad Taylor would have put all the effort into sorting the mess out and bringing it back if there wasn't a bigger plan in mind which is yet to become totally clear.

I think it has to be something to do with Livento but whether that is it we will have to wait and see but David Stypr hasn't joined the board for nothing that is without doubt in my mind.

[zen12] 10/3/2023 15:21

Still upbeat but losing patience, starting to doubt BoD considering no update yet after many months in admin and now 2 months after relist still no solid news. Time will tell..

[endeavor2] 10/3/2023 14:05

Well fella I can't help it if you can't see what it sparkling clear.

Get out if you want I'm buying on every dip now. Put the all the pieces together like a jigsaw and the picture then stares out at you.

[zen12] 10/3/2023 13:57

Tongue in mouth comment fella of course EGHOS aren't buying!Trouble is can't see what you are seeing, doubt many are. It's case of wait and see now or get out.

[pwhite73] 10/3/2023 12:55

Show me please

24/01/2023 On restoration 0.016p

10/03/2023 Today 0.0055p - 0.0065p

[endeavor2] 10/3/2023 12:34

Something is going on behind the scenes and all will be revealed it’s in front of your eyes if you look and want to see.

[endeavor2] 10/3/2023 12:33

Yes seriously.

EGHOS aren’t buying they are selling.

[zen12] 10/3/2023 12:16

Seriously lol...want to know who these buyers are EGHOS lol

[endeavor2] 10/3/2023 11:32

With all that David Stybr achieved with founding the company he didn’t join the board for no good reason. All will be revealed.

[endeavor2] 10/3/2023 11:30

Buyers grabbing what they can on this mornings drop again. Something going on behind the scenes.

Livento could well be the key.

[pwhite73] 10/3/2023 10:39

Livento and no other company can reverse into ICON at the moment for the following reasons.

ICON has a market cap of £2.1 million. ICON currently owe £1.5 million to EGHOS and Linton Capital, these debts are secured. ICON owes another £300k to EHGOS as part of the finance facility. As of today EGHOS and Linton own 86% of ICON in market capital terms.

ICON has 40 billion shares in issue. If EGHOS and Linton were to convert their debts into shares at 0.006p there would be an additional 30 billion shares. It is my belief they are currently in the process of doing this as far as the secured debts are concerned, this is why the share price is not moving. They don't get anymore money for a higher share price so they might as well sell now whilst PIs still find the price at 0.006p attractive.

There can be no RTO or third party deals with ICON whilst this situation exists. As I posted earlier it is my personal and individual belief that the board want nothing to do with ICON and are happy to have EGHOS/Linton do whatever they like with the share price so long as the board receive their monthly retainer of £25,000.

There is nothing illegal going on here. This was all part of the deal for EGHOS stumping up all the money to rescue the company. The only losers are PIs.

Needless to say if there is news to contrary my view may change.

[data1] 10/3/2023 09:47

is there a legal reason that you could reverse livento into "iconic" and have an advantage in terms of listing requirements
then sales of stock now may make sense to make it happen at all
if so why?
what is it that the LSE does or does not require that would make it more attractive to a planned growing group with the alledged revenues of livento buy ins
not sure i believe in it myself but you can see $80m DCF in 5 years from one aquisition maybe several times that for the others and near the same $80m overall revenue lumped together
maybe two things minimum capitalisation requirements and minimum NAV

[endeavor2] 09/3/2023 16:13

Nice bounce off todays low.

Brad Taylor, David Stybr, Livento connections, all food for thought.

[endeavor2] 09/3/2023 15:31

Food for thought !

[endeavor2] 09/3/2023 15:26

Some interesting speculation over on LSE I have spent a few minutes reading. Cant all necessarily be taken as anything certain but some makes sense. Connections to US company Livento, there is of course the connection with David Stybr who is the founder of Livento.

[endeavor2] 09/3/2023 14:40

I can't see Brad Taylor going to all that effort to sort everything out bring it back from suspension for nothing that makes no sense so what is the big master plan. Something that is definite.

[endeavor2] 09/3/2023 14:35

Fleecing money out of pi's or is there a big master plan.

[endeavor2] 09/3/2023 14:34

So what is this new bod about. Didnt think this would ever come back but it has so what is Brad Taylor and his gang up to.

[pwhite73] 09/3/2023 14:30

As I type another 70m dumped at 0.00505p. Needless to say bottom fishing PIs now picking up stock at 0.0055p and just below.

[pwhite73] 09/3/2023 14:21

LSE chat fretting over the falling share price again. Allow me to explain what's going on.

There are three convertible loan notes outstanding £750k secured for Linton Capital, £750k secured for EHGOS and another £300k unsecured for EGHOS on subscription by ICON.

The Shareprice.

Death spirals only work if the funder can sell at prices where PIs cannot make a profit. If EGHOS or Linton tried to sell at 0.020p they would be competing with PIs holding 40 billion shares and would not be able to shift stock. Selling at sub 0.007p they have plenty of liquidity as many PIs bottom fish for that multi-bagger.

The RTO.

At this juncture in time I do not believe in the RTO story. I do not believe Livento, NUGN or Eurodot have anything to do with ICON other than the directors are the same. My view is that there is an agreement between the board of ICON, EGHOS and Linton that the convertible loan note holders can do whatever they like with the share price so long as the ICON board receive a retainer of £25k per month. There is no other staff or operations for ICON at the moment. There are only four employees that are directors. One in the US, one in Czech Republic, one in Croatia and the other in the UK. How they are running the company from four separate countries is beyond me.

These are just my views as of today. Needless to say they can change if any corporate info is released to the contrary.

[nobbygnome] 05/3/2023 20:56

>> city

Yes but SYME rampers think Venus are a long term investor. It’s absolutely laughable and shows how gullible investors can be fooled…

[city1911] 05/3/2023 19:37

Death spiral companies generally don't wait around to sell. I'm sure you stated something similar on the SYME board from memory. So are you going to sell then based on what you think is happening?