Iconic Labs Share Discussion Threads

[pwhite73] 08/9/2023 17:35

When all is said and done the people responsible for this is the Financial Conduct Authority. People can't be blamed for investing in a company on the London Stock Exchange, that's what a stock market is for. Yes there are risks involved and everybody knows that.

The live issue here is companies that list or are listed with no intention of running a business for profit or making a return to its shareholders. The sole intention of their listing is to line the pockets of the directors and their facilitators.

It is the FCA that has failed ICON investors over the years for at every stage the directors have taken legal advice.

It does appear the FCA are now doing something about companies like ICON but as I posted earlier it is too late for existing shareholders.

[bionicdog] 08/9/2023 16:29

They don't post on here.

[katsy] 08/9/2023 16:09

All the mug PI's who thought they knew best

[bionicdog] 08/9/2023 15:49

Who are you talking to?

[bionicdog] 08/9/2023 15:44

Indeed , have we heard from David?

[chinese investor] 08/9/2023 15:40

Thank goodness we had the prospectus !

[pwhite73] 08/9/2023 14:13

jammytass - 100% correct. The stock was relisted simply to steal more money from gullible PIs. One director in America, another director in Czech Republic another director in the UK and millions still owed to those that drove the company into the ground in the first place. The market cap is now just £750K. There is no business here.

Anyway it looks as if something is being done at last about these types of companies but its too late for PIs already invested.

[jammytass] 08/9/2023 14:01

legag scam and the london stock exchange do nothing
never was there any new start just a scam to let there city buds get some money back
jail the crooks

[pwhite73] 08/9/2023 13:38

kemche - Ok your heartfelt apologies have been accepted.

[kemche] 08/9/2023 13:29

My sincerest apologies PW. I don't know what came over me. I do not know how I would cope were you to filter me. I earnestly hope that you do not do such a cruel and heartless thing.

Sorry. Consider myself duly chastised.

[pwhite73] 08/9/2023 13:05

kemche - This is the ICON thread. What you're posting is what I've been saying on the VRS thread for months. I never filter anyone unless they are deliberately ruining the thread with images and spam. However if your behaviour is not modified I am going to put you on filter. I'm more than happy to discuss Turnaround Specialists, Prompt, banks etc on the VRS thread. Now FFS grow up.

[bionicdog] 08/9/2023 12:59

I have heard that they are going to invest in "great things" , the sort that you an I would not be able to invest in.

[kemche] 08/9/2023 12:57

"Many standard listed companies that have no demonstrable business and listed solely to fleece PIs will be heading for the exit and placing as many shares as they can before the curtain finally comes down."

PW, would £90k in sales be construed as "demonstrable business"? Unfortunately I am invested in a company with just such a scenario. Any advice would be greatly appreciated.

[kemche] 08/9/2023 12:55

They need a Turnaround Specialist ASAP! And I am 150% convinced of that.

Only with the appointment of a TS will they have the full support of banks (plural) and access to untold funding.

[bionicdog] 08/9/2023 12:52

This is all beginning to sound a bit fishy. I may not buy after all. David assured me that it was another little winner.

[pwhite73] 08/9/2023 12:49

The shares are down 90% from the relist price of 0.016p.

Don't know if you all are aware but the FCA are changing the rules for standard listed companies. They must have a regulated financial sponsor equivalent to a nomad. Companies that have no commercial business are unlikely to attract a sponsor as the sponsor like a nomad is responsible for regulatory compliance and can be fined.

The standard and premium listing is to be replaced with one category called - ESCC (Equity Shares in Commercial Companies).

Many standard listed companies that have no demonstrable business and listed solely to fleece PIs will be heading for the exit and placing as many shares as they can before the curtain finally comes down.

I suspect ICON is one of them.

[bionicdog] 08/9/2023 12:05

How can this have happened when Brad is Canadian?
Also , what happened to livup967? He was very excited.

[hjfe] 08/9/2023 12:05

Who in their right mind is going to buy this now? Looks like imminent curtains to me - EHGOSF will surely pull the plug if they cannot convert.

[terminator101] 08/9/2023 11:36

Quick. Bring gerbils.

[katsy] 08/9/2023 09:22

Soon be a penny share again.

[chinese investor] 08/9/2023 09:16

Market Cap is £748,000 !

[chinese investor] 08/9/2023 09:15

That dump was full of fiscal portent !

[oliversanvil] 06/9/2023 17:58

A 1 share code may probably be equal to RNS imminant!

[kemche] 06/9/2023 17:21

Could they buy CINE????