Iconic Labs Share Discussion Threads

[jammytass] 28/3/2023 16:39

looks like a full scale I CON !!! ALL THE SHAREHOLDERS

[oliversanvil] 28/3/2023 08:51

Many are buying!

[maxk] 28/3/2023 08:50

Ah, but they do have the backing of the Sutton posse..

[pwhite73] 28/3/2023 07:58

RNS 28/03/2023 - "Iconic Labs PLC (LSE:ICON), announces that it has received a valid Conversion Notice from the European High Growth Opportunities Securitization Fund."

Any shareholder who thinks between 09/02/2023 the last 'valid Conversion Notice' and 27/03/2023 only 1.3 billion shares have been converted needs to see a doctor and get themselves checked out for long-Covid.

[pwhite73] 27/3/2023 13:30

The only 1p this scam will be hitting is the market cap.

[terminator101] 27/3/2023 11:55

Only after the billion to 1 share consolidation ;-)

[pwhite73] 23/3/2023 14:35

For the dunderheads on LSE chat. Take note of the two statements

1. ‘From the fifth Tranche onwards, Iconic published a prospectus;’

2. ‘From the fifth Tranche onwards, Iconic having published a prospectus;’

The first statement means after the fifth tranche ICON is required to publish a prospectus. The second statement means ICON must publish a prospectus prior to the fifth tranche.

The key and operative word here is 'having'.

The statement in the RNS is not open to interpretation or is it ambiguous. It might be that ICON is in such a financial state given what's happened on global financial markets that the administrators who are still supervisors of the CVA have allowed the fifth tranche drawdown without a prospectus.

The administrators are responsible for the completion of the CVA not for reporting to the London Stock Exchange that's ICON's job.

[pwhite73] 23/3/2023 11:24

Late 4s now...

But as I say recovery and giving the impression the bottom has been hit is part of the scam.

[zen12] 23/3/2023 10:27

Early 4s now...

[kemche] 23/3/2023 09:42

Thank you shorters - another 700 million for me.

GLA Daves!

[bionicdog] 23/3/2023 08:50

I note that he's talking about having physical gold in his Sutton hovel again.

[bionicdog] 23/3/2023 08:40

Another winner!

[hjfe] 22/3/2023 12:17

I have contacted to Board to express my concern about today's announcement as well as their failure to publish a current register of significant shareholders. My trust and confidence in Brad Taylor and the rest of the board is quickly being lost. The evidence that the Board have any intention of building a meaningful company following the CVA is zero. The only purpose it now seems of resuming trading is to allow secured creditors to get their money back at the expense of remaining shareholders (myself included).

[tomboyb] 22/3/2023 12:13

The RNS only goes to prove what I have been saying. The company is nothing more than a high street ATM with debit cards to your bank account. AVOID.

And getting "Fodder" to trade it -

[pwhite73] 22/3/2023 12:11

As far as I'm aware they haven't broken any listing regulations so if both parties agree to renege on or modify the initial agreement its up to them.

The RNS only goes to prove what I have been saying. The company is nothing more than a high street ATM with debit cards to your bank account. AVOID.

[zen12] 22/3/2023 11:55

Ooops...they have broken the CVA agreement. Could be suspension by FCA as they were meant to issue prospectus beforw 5th tranche. Very noughty!

[tomboyb] 22/3/2023 11:54

Who cares about rules -

[pwhite73] 22/3/2023 11:53

Under the £3 million finance agreement they are not permitted to subscribe for the fifth tranche without a prospectus being published.

RNS 22/12/2022 - "From the fifth Tranche onwards, Iconic having published a prospectus;"