Iconic Labs Share Discussion Threads

[pwhite73] 18/5/2023 08:00

Ellipses - "Are EHGOSF unsecured creditors"

Yes but EHGOSF have a charge against the company of £750,000. Which means that any company that wishes to reverse into ICON needs to be wary that it will automatically owe EHGOSF £750,000 and DS another £750,000.

My personal view is that this whole set up since coming out of administration is purely to enrich the directors, EGHOS and DS at the expense of ordinary PIs. I see no business here developing now or any time in the foreseeable future. Just my views.

[chinese investor] 18/5/2023 07:56

Bionicdog - I'll let you know later !

[pwhite73] 18/5/2023 07:51

parv5 - "How is this a breach PWhite? The shares were agreed they should have asked for cash."

They could have asked for cash but it would have been refused as ICON has no cash other than what it is receiving from EGHOS for working capital. Within the CVA terms and conditions the cash must be used for specific reasons and paying back unsecured creditors is not one of them.

Through the dilutions ICON has effectively taken £220,000 of the unsecured creditors money if they are still compensated with 1,674,130,609 shares

[pwhite73] 18/5/2023 07:44

endeavor2 - "Anyone loading up at .003 will see a very pleasing chart."

Yes they would do because 0.003p has been the bottom to buy. Had 0.001p been the bottom to buy then your comment would have contained 0.001p.

The point being after the 45% rise yesterday there is still no RNS from these scammers about the CVA, prospectus or RTO. I have no crystal ball but everybody needs to be extremely careful here.

[bibdaddy] 18/5/2023 07:17

No news after yesterday's spike...let's hope ot holds

[endeavor2] 17/5/2023 20:12

I feel sorry for anyone who followed your advice on BIDS village idiot. Chart say it all.

[endeavor2] 17/5/2023 20:10

Uh yes it does village idiot. Anyone loading up at .003 will see a very pleasing chart.

I'm VERY pleased :-)

[jammytass] 17/5/2023 19:29

the share chart says it all

[endeavor2] 17/5/2023 18:45

WARNING village idiot.

[jammytass] 17/5/2023 18:34

dead cat bounce 35percent down on thurs/friday
another tranch of shares for EHGOSF . on way

[johnjames876] 17/5/2023 17:12

Bunch of bottom feeders here in this absolute mess of a share

[endeavor2] 17/5/2023 16:46

WARNING pwhite serial liar and con man BE WARNED.

[endeavor2] 17/5/2023 16:46

Lets hope you have timed it right AoR 😊

There was most defo some decent buying late in the day along with the build up in volume.

[pwhite73] 17/5/2023 16:42

AoR - As the shares move up the leader board PIs pile in. Also criminal MM put it about that news is about to break so people start buying. The same thing happened on NNN yesterday they were up 96% before suspension and liquidation was announced.

The trouble with this stock is that DS and EGHOS have charges against it valued at £1.5 million. EGHOS has a death spiral exit fee of £430,000. Why would any legitimate company reverse into ICON.

There is no news on the CVA and no news on the prospectus. I have no crystal ball but you need to be very careful here.

[avenue_of_revenue] 17/5/2023 16:38

Thanks endeavor2.

Some decent sized buys towards the end. Timed my buys perfectly for once. Exciting days and weeks ahead if the momentum continues and volume remains. Gla.

[endeavor2] 17/5/2023 16:32

Up 45% today is a start. Is news going to hit tomorrow !

[endeavor2] 17/5/2023 16:29

Well done AoR :-)

Added to my hand ealier today when volume started to pick up. Should have done it sooner. At least before news hits.

[zen12] 17/5/2023 16:29

'Birdbrain' pretty strong lol

[endeavor2] 17/5/2023 16:26

WARNING pwhite serial liar and con man BE WARNED.

[pwhite73] 17/5/2023 16:25

endeavor2 - "This will do anything from 50% to 100% plus on the right news"

This needs a 400% rise to get back to the pre-suspension price you bumbling birdbrain.

[avenue_of_revenue] 17/5/2023 16:23

Took 40million shares. Interesting play here while we await for further updates.

[endeavor2] 17/5/2023 16:21

You have got to be in before not after !

[endeavor2] 17/5/2023 16:21

That will be too late then old boy.

[endeavor2] 17/5/2023 16:20

Something leaking by the looks of it bid now up another 3 points @38