Iconic Labs Share Discussion Threads

[zen12] 02/6/2023 14:16

Buried in the RNS is conversion price now of 25The Conversion Notice was dated 1 June 2023 and provides for 30 Convertible Notes to be converted into 1,200,000,000 ordinary shares of £0.00001 ("Ordinary Shares") in the Company at a conversion price of £0.000025 at the aggregate principal amount of £30,000.

[tomboyb] 02/6/2023 14:08

A debt cash machine -

No business here but an interesting way of getting your debts paid into worthless shares -

[tomboyb] 02/6/2023 14:05

brrrrr..... -

[hjfe] 02/6/2023 14:00

Wasn't one of the terms of the CVA that the sixth tranche could only be drawn down once a prospectus had been published? If so, the company is in breach.

[zen12] 02/6/2023 13:59

Yep nothing...what earth are BoD doing??

[pwhite73] 02/6/2023 13:27

Other than the issuance of shares nothing at all is happening. Most important of all was this statement.

RNS 02/06/2023 - "The funds under this sixth tranche will be used to meet Iconic's obligations under the CVA, for operational purposes, and preparation of an FCA approved prospectus which will enable Iconic to issue further Ordinary Shares pursuant to its obligations to unsecured creditors under the CVA, EHGSOF under the Facility, various parties under the settlement deeds, and management for outstanding fees."

So all these people are still owed money. The company is listed solely to fleece PIs and hand their hard earned over to those who drove it into the ground in the first place.

AVOID.

[bionicdog] 01/6/2023 16:28

Have a lie down , the money's gone. If only someone had warned you.

[oliversanvil] 01/6/2023 16:26

HALF TERM EXPENSES.

[oliversanvil] 31/5/2023 16:20

BID .0034P DERAMPER'S WANT YOUR MONEY!

[kemche] 31/5/2023 11:51

:)

Where is he?

[bionicdog] 31/5/2023 10:15

That's nothing. I was at Rules of Covent Garden and the talk was of nothing else.

[russell crowe] 31/5/2023 10:10

My SKY installation engineer has told me SKY's offices are next to ICON's and people at SKY have been aware of SECRET meetings in a SECRET room at ICON.
Apparently these meetings have been going on for months.

[chinese investor] 31/5/2023 09:33

I'm looking towards Cornwall !
I can't say anymore !

[bionicdog] 31/5/2023 07:18

There is a lot going on behind the scenes.

[jammytass] 31/5/2023 06:20

Is it a full time scam ?!!
It looks like they have never had any serious intentions of merging with other group
was it all a smokescreen to hoodwink investors so that there city buds could be paid back ?!!!

[bionicdog] 30/5/2023 20:24

If they were able to.

[kemche] 30/5/2023 20:20

Lots going on behind the scenes.

Talk naturally turned to ICON and most declared that they were buyers.

[bionicdog] 30/5/2023 20:11

Great news!

[oliversanvil] 30/5/2023 16:23

NT TO BUY.

[bibdaddy] 30/5/2023 08:30

Odd no trades in first half hour

[bionicdog] 26/5/2023 10:39

OA is playing a blinder.

[kemche] 26/5/2023 10:34

I continue to average down. 400 million more for me.

The acumen that is mostly fiscal.

[oliversanvil] 26/5/2023 10:30

Love it when it goes down--Traders paying the price!