Iconic Labs Share Discussion Threads

[pwhite73] 12/9/2023 09:46

Ellipses - Thanks. Very much as I suspected.

RNS 12/09/2023 - "We are pleased to announce the allotment of shares to the Unsecured Creditors satisfies the final condition to bring the CVA to a successful conclusion. Once the CVA is discharged, Iconic will be well positioned to focus on its business goals"

If all the money has been used to satisfy the CVA where is the money going to come from to focus on the business goals?. More shares of course until kicked off the LSE.

[ellipses] 12/9/2023 09:17

Cloudflare Origin DNS error.

[pwhite73] 11/9/2023 17:51

I speak what I perceive to be the truth. In the absence of information to the contrary I believe they are heading for the exit and dumping as many shares as they can before they're booted off the London Stock Exchange. When that happens they can blame the FCA for the shares delisting and them going private. Needless to say when private the company will simply be wound down as with no more PI money to fleece there is no point in its existence.

[oliversanvil] 11/9/2023 17:30

PWhite is contracted with entities to negate.

[kemche] 11/9/2023 17:23

He is not crooked. Deluded? Most likely. Conceited? Possibly. Off his chump? Definitely.

[oliversanvil] 11/9/2023 17:11

PWhite is crooked!

[kemche] 11/9/2023 16:46

PWhite - you have left me distraught. Please, I implore you to reconsider.

What did you find so unpalatable? The need to for turnaround specialists? Hardly a hanging offence!

[jammytass] 11/9/2023 16:39

never trust crooks

[bionicdog] 11/9/2023 16:38

Good point.

[oliversanvil] 11/9/2023 16:08

If you worry you don't trust ----If you trust you don't worry!

[pwhite73] 11/9/2023 16:04

kemche 11 Sep '23 - 15:01 - 2864 of 2864 (Filtered)

kemche - Filtered for a whole life term with no possibility of being unfiltered.

[kemche] 11/9/2023 15:01

I stand by my observations that a turnaround specialist needs to be appointed here.

[katsy] 11/9/2023 14:53

Other disinfectant brands available

[pwhite73] 11/9/2023 14:16

Its important not to confuse the conversion price with the price they can dump shares at. The lowest conversion price is 15p. However they can convert at 15p and dump at 10p or any price. So if the price is 10p they could issue a statement along the lines of:-

"The directors have used a conversion price of 15p. This is a premium of 50% to the prevailing share price of 10p. Such a premium shows the confidence the markets and its shareholders have in the company"

The reality is as the shares are totally worthless they would convert at 15P and sell at 1p if sufficient mugs are out there.

If you're going to buy at lower prices make sure you're wearing rubber gloves with a bottle of Dettol near by.

[chinese investor] 11/9/2023 07:07

Neil Young is Canadian - so is Joni Mitchell !

[kemche] 09/9/2023 11:00

Classic treeshake to let Dave and the Rules crew in on the cheap.

[bionicdog] 09/9/2023 09:21

That's ok then. How are they doing with the drones?

[oliversanvil] 09/9/2023 08:39

Recap
""We are pleased to announce the publication of the Company's Prospectus as we near the completion of this complex two-year restructuring process. Critically, the Prospectus also enables us to access the next tranches of financing with EHGOSF so that Iconic can finally shift its focus from the mechanics of restructuring to generating shareholder value.



"With a highly experienced team based in the US, UK and Europe, we are well-positioned to explore strategic acquisition options, which may include the possibility of an RTO, and the development of our current media business including owned brands such as GSN.



"The Board looks forward to updating the market in due course."

[pwhite73] 08/9/2023 18:05

kemche - Yes. Supply@mecapital (SYME) is another standard listed company that floated in March 2020 with £224 million worth of assets. Six months later the auditor valued the assets at only £750k by then the directors had already dumped their shares.

SYME is another company like ICON that is likely to fail to appoint a financial sponsor so will be booted off the LSE. This is why the shares are tanking again.

Speak Later.

[kemche] 08/9/2023 17:58

"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."

PW, do you know any other companies like that?

[bionicdog] 08/9/2023 17:38

If only someone had pointed out that it was a scam years ago.

[chinese investor] 08/9/2023 17:36

This thread is for decent people only.

The filth will get their necks broken.
This is my final warning !