Iconic Labs Share Discussion Threads

[pwhite73] 05/6/2023 08:25

Any fool can say a company is going to fail which is what you were saying the day the suspension was lifted but you had no evidence. Today I can say this with confidence having witnessed the company twice breach the CVA agreement regarding the issuance of tranches five and six without a prospectus and also having watched the share price collapse from 0.016p to 0.0025p.

You make one line quips on numerous threads but never back them up with any evidence or reasoned argument.

[bionicdog] 05/6/2023 08:17

I did mention the lack of a business at the time , but others knew better.

[pwhite73] 05/6/2023 08:12

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."

Firstly Iconic are not permitted to issue any shares after the forth tranche without a prospectus. They state 'an FCA approved prospectus' all prospectuses have to be FCA approved, which other approval did they think they can obtain the AA?

"obligations to unsecured creditors under the CVA, EHGSOF under the Facility, various parties under the settlement deeds, and management for outstanding fees."

But what about the obligations to the people who are putting up all the money to satisfy the CVA - the shareholders?

[pwhite73] 05/6/2023 07:48

What really gets me is that the company had no operations at all. When it went into administration the only business it had was GSN and that was doing no business at all that's why the administrators couldn't sell it. So how comes it owes all these millions of pounds. What do they owe all this money for?

All that's happened is that those that were stealing money from shareholders in the first place have been permitted to continue to steal money via the guise of a CVA.

All of these thieves are making money the only people losing money are PI shareholders who have watched the share price collapse from 0.016p on readmission to 0.0025p today.

The hopeless and worthless FCA should call time on this fraudulent scam. This company is worse than SYME and SYME takes some beating when it comes to frauds. At least SYME has the decency to pretend its running a business these people can't even be bothered.

I am not a holder any longer but really feel for those that are still in.

[bionicdog] 04/6/2023 20:43

If only someone had warned.

[jammytass] 04/6/2023 18:56

fca are lookig at this it might be border line fraud

[kemche] 02/6/2023 19:28

970 million more for me.
Thank you silly persons!

[bionicdog] 02/6/2023 18:38

I don't know what credabilty is either. Like I always say to you , have a lie down before you have a breakdown. I fear that it may be too late.

[oliversanvil] 02/6/2023 18:05

Because you and your avatar are delusional! Thus twisters! Games up for you! Absolutley no credabilty.

[bionicdog] 02/6/2023 17:39

I must do , I don't even know what schizophinia is!

[oliversanvil] 02/6/2023 17:33

Read my message on Vast which applies to you and your schizophinia! You peeps need Help .Rehab!

[bionicdog] 02/6/2023 16:47

Apart form alerting you to death spiral finance and its consequences.

[oliversanvil] 02/6/2023 16:46

Your answer should be . Yes a i am a silly person with no real skill set.

[oliversanvil] 02/6/2023 16:44

Why are you here? Silly person!

[bionicdog] 02/6/2023 16:39

Yes , why ever did you buy? You were warned.

[oliversanvil] 02/6/2023 16:37

What a silly person.

[tomboyb] 02/6/2023 15:24

Its a printing machine -

The only reliability on returns seems to be gullible investors -

brrrrrrr -

[pwhite73] 02/6/2023 15:23

Its important to note nobody is putting their name to the RNS's any longer. All RNS's are from [e-mail]

[bionicdog] 02/6/2023 15:07

Are there any? If only you'd listened to the so called derampers.

[oliversanvil] 02/6/2023 15:01

Deramper's frightening the investor's

[jammytass] 02/6/2023 14:58

many time investors where warned scam alert

[zen12] 02/6/2023 14:38

Very very sad this, there is literally no investment here if you are correct. No hope no business..

[pwhite73] 02/6/2023 14:29

Zen12 - "Buried in the RNS is conversion price now of 25"

Yes that's so that they can also take money from shareholders who have an average as low as 30. Everybody must be robbed to keep this gravy train going.