Iconic Labs Share Price (ICON)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Iconic Labs Plc	LSE:ICON	London	Ordinary Share	GB00BD060S65	ORD GBP0.0025

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	0.0075	8.57%	0.095	55,086,484	16:28:23

Bid Price		Offer Price	High Price	Low Price	Open Price
0.09		0.10	0.095	0.0825	0.0875

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
16:29:42	O	963,230	0.10	GBX

Iconic Labs (ICON) Latest News

Iconic Labs News

Date	Time	Source	Headline
09/10/2019	14:05	UKREG	Iconic Labs PLC Second Price Monitoring Extn
09/10/2019	14:00	UKREG	Iconic Labs PLC Price Monitoring Extension
09/10/2019	09:58	ALNC	Iconic Labs Nears Contract Conclusion; Closing Student Media Ventures
09/10/2019	07:27	ALNCF	Alliance News Flash Headline
09/10/2019	07:00	UKREG	Iconic Labs PLC Operational Q&As
25/9/2019	14:42	ALNC	Iconic Labs Non-Executives Latil And Cadio Leave After Restructuring
25/9/2019	07:01	UKREG	Iconic Labs PLC Directorate Change
13/9/2019	12:20	UKREG	Iconic Labs PLC Holding(s) in Company
12/9/2019	13:10	ALNC	Iconic Labs Builds New Revenue Streams With Medium Channel Stake Buy
12/9/2019	11:45	UKREG	Iconic Labs PLC Management Services Agreement

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Iconic Labs (ICON) Discussions and Chat

Iconic Labs Forums and Chat

Date	Time	Title	Posts
17/10/2019	23:32	ICONIC LABS - New media and technology business	2,334
17/10/2019	20:58	Iconic Labs ... UniLad v2.0 .. all new and improved reboot :)	2,414
17/10/2019	15:56	Iconic Labs PLC	19
17/10/2019	15:56	Icon: the clue is in the name. I con.	30
17/10/2019	15:56	New beginning	151

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Iconic Labs (ICON) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
15:29:44	0.10	963,230	963.23	O
15:28:44	0.10	510,626	505.52	O
15:28:15	0.10	183,424	181.59	O
15:26:04	0.10	3,012,285	2,979.15	O
15:25:25	0.10	543,023	534.33	O

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Iconic Labs (ICON) Top Chat Posts

Date	Subject
17/10/2019 09:20	Iconic Labs Daily Update: Iconic Labs Plc is listed in the sector of the London Stock Exchange with ticker ICON. The last closing price for Iconic Labs was 0.09p. Iconic Labs Plc has a 4 week average price of 0.08p and a 12 week average price of 0.08p. The 1 year high share price is 0.29p while the 1 year low share price is currently 0.08p. There are currently 0 shares in issue and the average daily traded volume is 21,138,770 shares. The market capitalisation of Iconic Labs Plc is £0. Read Full Thread Reply
13/10/2019 15:48	pwhite73: livup967 - "we are just under attack by a relentless and spiteful seller that cannot be ID" This relentless and spiteful seller has to be selling at a huge loss for if he or she bought their shares they cannot be selling at a profit down at these levels AGREED!!! But I think you are wrong for herein lies the answer. Q. Is EHGO still forward selling shares? A. As far as the Company is aware, EHGO is not forward selling. How can the company not be 100% certain that EHGOS are not forward selling shares. They and their brokers are not stupid. They know full well the reason why the share price has collapsed from a peak of 1.60p in March to 0.085p today and still falling. There is no bottom to this share price as EHGOS can sell and sell and sell until the £1.375m is raised. When the shares are trading at 0.015p and the £1.375m is raised they can then be consolidated 100 - 1, 1000 - 1 or 10000 - 1 to produce a respectable amount of shares in issue. Please have some respect if not for me then for other ICON shareholders like yourself that have seen their investment wiped out. If last week is anything to go by then 0.070p here we come. Read Full Thread Follow Reply
22/9/2019 22:22	pwhite73: yorgi - "ICON will either be a success or not dependant on what JQ and BOD deliver in building the business." The live issue here is not whether or not ICON will be a success but will the BOD allow any success to feed through to the share price. That is what the problem is. To date through EHGOS all the PI money and demand for the shares has been creamed for themselves and the company. This is why the share price has collapsed and I believe will collapse even further. I reiterate there are two parts to this equation. The commercial prospects for the company which personally I believe is zilch (but that's my opinion) and the conduct of the BOD in allowing mug PIs to share in any commercial success. Read Full Thread Follow Reply
21/9/2019 12:36	pwhite73: When EHGOS shares are finished what happens next?. Do the shares start rising on buys due to a shortage of stock? NO What is happening in today's markets is that the MM run a deficit on any micro-cap stock. So if 100m ICON shares are overbought it doesn't mean the shares move back into the 30s, 20s or even late teens. What happens is that the company issues new shares/warrants to fill the demand. So it is ICON that creams the excess demand not you. All you can do is enjoy the feel good factor of the odd blue day or two before the stock turns red again. In this case ICON have already told you in advance they intend to raise another £1.35m plus warrants which is in excess of another 1.35 billion shares. The interviews by JQ is to facilitate mug PI demand. You see at the end of the day if ICON were really going places it would not be broadcasting its plans and strategies for all its competitors to latch onto (THINK ABOUT IT). You think this share price is low and at bargain levels. Just wait until they publish the prospectus and the consolidation details. Read Full Thread Follow Reply
16/9/2019 07:41	pwhite73: 1bluehorseshoe 13/09/2019 - "The dilution appears to be 1.35m of loan notes" This isn't true. Dilution is not the same as the value of the loan notes. If the shares reached £1.00 before the prospectus the dilution would only be £1.35m out of a market cap of £1.6 billion (there would effectively be no dilution). It is the value of the shares when the loan notes are exercised that determines the level of dilution. At the moment the share price is less than 50% of 0.25p nominal value. ICON has to compensate EHGOS for the difference in all the shares they sold below 0.25p. The dilution is likely to rise exponentially because of the low share price. In short more shares are required to reach the £1.35m figure. Contracts or no contracts you are going to be wiped out even further just to clear the debts to EHGOS never mind the legacy and HMRC debts and the £400k owed to creditors. Watch and learn. Read Full Thread Follow Reply
15/9/2019 11:08	pwhite73: ihavenoclue - "Do you not feel that at the current price it has quite a lot of risk already priced in" No. Firstly shares in micro-cap companies do not reflect risk. What they reflect is supply and demand. Only FTSE100 and FTSE250 shares reflect risk. This is because the amount of shares in circulation is static and the price goes up or down for the very reason you quoted 'risk'.If the source of funding is a death spiral like the one used here the only direction for the share price is down and that's an economic law. Secondly all loan notes are always converted either directly or indirectly. Directors will often pretend they understand the frustration of shareholders by cancelling loan notes but only to replace them with a direct placing or some other form of finance that floods the market with discount shares. They are one and the same, but mug PIs can't tell the difference. When a company tells you it has secured a bank loan against its assets that's when you know it is playing with real money. Last week EHGOS were dumping stock as low as 0.11p. When the nominal value is 0.25p that my friend tells you all you need to know about the future direction of this share price. Katsy is 100% correct when she says - "EGHO will flood the market with their convertible loan notes and cheap warrants." Read Full Thread Follow Reply
09/9/2019 09:53	pwhite73: Acquisitions do not turn the share price What turns the share price is a restriction placed on the number of shares available coupled with profit generating news. With EHGOS providing an unlimited supply of shares and all companies associated with this outfit loss making the share price is 100% guaranteed to continue its slide. Read Full Thread Follow Reply
19/8/2019 07:32	pwhite73: From Gary Newman at share price .. It never ceases to amaze me how willing many private investors are to forget past failures and accept that a complete change of direction in a business is suddenly going to bring success. WideCells (WDC) failed as a stemcell research business, so it has now reinvented itself as a media and technology business, having changed its name to Iconic Labs (ICON), and many are immediately assuming that the new company will be a big success. A lot of the excitement seems to revolve around the previous involvement of Iconic CEO John Quinlan, and chief business officer Liam Harrington, in social publisher Unilad. What seems to be mentioned less often is that Unilad went into administration last September before a deal was finally done with LadBible to save the business, although it would be downsized, as LadBible owned a significant chunk of its debt. Around the same time as all this was going on, former LadBible creative lead Jono Yates, now working for Dugout, incorporated a company in the UK called Social Alchemist Ltd. Iconic (or WideCells as it was still known then) set up a media and technology division back in March, at the time Quinlan and Harrington joined the board. On August 6 an RNS landed stating that Iconic had signed a heads of terms agreement to purchase Social Alchemist using a mixture of cash and shares. What is strange though is that both parties are refusing to disclose the actual amount of the consideration being paid, and given that Iconic is a PLC I don’t really see how this information can be kept from shareholders. The RNS stated that Social Alchemist is ‘revenue generative, cash flow positive and profitable’ but no further indication is given as to exactly what extent – especially when it suddenly becomes part of Iconic, and with all of the corporate overheads that it has, I suspect it will be far from profitable at its current level – and it will be some time before we see the Social Alchemist accounts for the period in question. In early August the company also announced that it had secured up to £1.375 million, gross, of financing from the European High Growth Opportunities Securitization Fund over a six month period. The company has stated that it hopes that this financing will settle its outstanding debts – although there seems to be some confusion as to exactly what is still owed as it is still in dispute with creditors to the tune of £400,000, and if it loses then it would also be liable for that, although it has made a contingency for that. Looking at the way in which the funds are drawable over the six month period, and the fact that warrants are attached to them at a 10% discount to the volume weighted average price over the five days prior to exercise, or at the nominal value of the shares if that is higher. If they are exercised at nominal value then a fee is payable by Iconic equal to the difference in price. Currently the nominal value of the shares is 0.25p and the shares are trading at 0.15p, so things don’t exactly look great for the company unless it can turn that around quickly, as the warrants are exercisable as soon as they are issued, with a five year term. It also had to issue nearly 238 million shares to EHGO in settlement of previous debts, so that has given it an awful lot of firepower to sell and to keep the share price low – which is in its interests to do so whilst the finance is being drawndown over the coming months, as it will ensure that it receives a larger number of warrants (the amount issued is also based upon the VWAP over a five day period) and a guaranteed minimum exercise price of 0.25p (with Iconic being responsible for the difference, in money terms, for anything below that). So, taking all of this into account, the company is basically in a death spiral financing agreement, for an amount which may only settle all of its existing debts and leaving very little working capital, and with potentially huge amounts of shares to flood onto the market over the coming months. Based on all of this you have to wonder why on earth Social Alchemist would choose to sell to a company like this. If it really was a strong private company with such exciting prospects, it would easily be obtaining funding from angel investors/venture capitalists, or at the very least would sell to a listed company that had the funding available to accelerate growth – if it is as good as it sounds then they should have been queuing up for a piece of it. You certainly wouldn’t sell to a company that was in trouble, had little in the way of working capital, and little prospect of raising further capital. Don’t forget that Iconic can’t raise capital at below the nominal share value of 0.25p, which is around 65% above the current share price level. I suspect that the accounts of Social Alchemy are far less impressive than has been hinted at in the RNS – it could have a tiny revenue and profit, and still fit the description of it in that release. As if all of that wasn’t enough of a concern, the executive chairman of the company is David Sefton, who doesn’t exactly have the best track record to say the least. On top of that the company has been heavily pumped across social media, including by those who have a track record of being involved in causing brief spikes on micro cap companies before disappearing when the share price subsequently crashes. Often this is accompanied by rumours, or even fake articles sometimes, and in this case the story doing the rounds is of a £3 million deal with Sega! The market cap here is only £2 million so I suspect it will continue to be prone to wild share price swings, and some will benefit from trading that, but as an actual investment I can’t see any reason to buy it, with large amounts of further dilution due and the company in a position where it is unable to raise any further funds via an equity issue currently. I suspect that it will get rinsed by EHGO, and the £1.375 million debt is repayable after 12 months, along with a 5% interest rate, so where on earth is that money going to come from? Unless that debt also gets converted into shares and the death spiral financing continues. If you do try to have a trade here, just make sure you aren’t the one who ends up holding when it does come tumbling down. Read Full Thread Follow Reply
18/8/2019 23:34	bumpa33: Beware any stock that serial junk pumper yorgi is pushing... From Gary Newman at share price .. It never ceases to amaze me how willing many private investors are to forget past failures and accept that a complete change of direction in a business is suddenly going to bring success. WideCells (WDC) failed as a stemcell research business, so it has now reinvented itself as a media and technology business, having changed its name to Iconic Labs (ICON), and many are immediately assuming that the new company will be a big success. A lot of the excitement seems to revolve around the previous involvement of Iconic CEO John Quinlan, and chief business officer Liam Harrington, in social publisher Unilad. What seems to be mentioned less often is that Unilad went into administration last September before a deal was finally done with LadBible to save the business, although it would be downsized, as LadBible owned a significant chunk of its debt. Around the same time as all this was going on, former LadBible creative lead Jono Yates, now working for Dugout, incorporated a company in the UK called Social Alchemist Ltd. Iconic (or WideCells as it was still known then) set up a media and technology division back in March, at the time Quinlan and Harrington joined the board. On August 6 an RNS landed stating that Iconic had signed a heads of terms agreement to purchase Social Alchemist using a mixture of cash and shares. What is strange though is that both parties are refusing to disclose the actual amount of the consideration being paid, and given that Iconic is a PLC I don’t really see how this information can be kept from shareholders. The RNS stated that Social Alchemist is ‘revenue generative, cash flow positive and profitable’ but no further indication is given as to exactly what extent – especially when it suddenly becomes part of Iconic, and with all of the corporate overheads that it has, I suspect it will be far from profitable at its current level – and it will be some time before we see the Social Alchemist accounts for the period in question. In early August the company also announced that it had secured up to £1.375 million, gross, of financing from the European High Growth Opportunities Securitization Fund over a six month period. The company has stated that it hopes that this financing will settle its outstanding debts – although there seems to be some confusion as to exactly what is still owed as it is still in dispute with creditors to the tune of £400,000, and if it loses then it would also be liable for that, although it has made a contingency for that. Looking at the way in which the funds are drawable over the six month period, and the fact that warrants are attached to them at a 10% discount to the volume weighted average price over the five days prior to exercise, or at the nominal value of the shares if that is higher. If they are exercised at nominal value then a fee is payable by Iconic equal to the difference in price. Currently the nominal value of the shares is 0.25p and the shares are trading at 0.15p, so things don’t exactly look great for the company unless it can turn that around quickly, as the warrants are exercisable as soon as they are issued, with a five year term. It also had to issue nearly 238 million shares to EHGO in settlement of previous debts, so that has given it an awful lot of firepower to sell and to keep the share price low – which is in its interests to do so whilst the finance is being drawndown over the coming months, as it will ensure that it receives a larger number of warrants (the amount issued is also based upon the VWAP over a five day period) and a guaranteed minimum exercise price of 0.25p (with Iconic being responsible for the difference, in money terms, for anything below that). So, taking all of this into account, the company is basically in a death spiral financing agreement, for an amount which may only settle all of its existing debts and leaving very little working capital, and with potentially huge amounts of shares to flood onto the market over the coming months. Based on all of this you have to wonder why on earth Social Alchemist would choose to sell to a company like this. If it really was a strong private company with such exciting prospects, it would easily be obtaining funding from angel investors/venture capitalists, or at the very least would sell to a listed company that had the funding available to accelerate growth – if it is as good as it sounds then they should have been queuing up for a piece of it. You certainly wouldn’t sell to a company that was in trouble, had little in the way of working capital, and little prospect of raising further capital. Don’t forget that Iconic can’t raise capital at below the nominal share value of 0.25p, which is around 65% above the current share price level. I suspect that the accounts of Social Alchemy are far less impressive than has been hinted at in the RNS – it could have a tiny revenue and profit, and still fit the description of it in that release. As if all of that wasn’t enough of a concern, the executive chairman of the company is David Sefton, who doesn’t exactly have the best track record to say the least. On top of that the company has been heavily pumped across social media, including by those who have a track record of being involved in causing brief spikes on micro cap companies before disappearing when the share price subsequently crashes. Often this is accompanied by rumours, or even fake articles sometimes, and in this case the story doing the rounds is of a £3 million deal with Sega! The market cap here is only £2 million so I suspect it will continue to be prone to wild share price swings, and some will benefit from trading that, but as an actual investment I can’t see any reason to buy it, with large amounts of further dilution due and the company in a position where it is unable to raise any further funds via an equity issue currently. I suspect that it will get rinsed by EHGO, and the £1.375 million debt is repayable after 12 months, along with a 5% interest rate, so where on earth is that money going to come from? Unless that debt also gets converted into shares and the death spiral financing continues. If you do try to have a trade here, just make sure you aren’t the one who ends up holding when it does come tumbling down. Read Full Thread Follow Reply
11/8/2019 08:56	pwhite73: livup967 - "and we can all put this to bed like it never happen" Like what never happened?. The RNS announced on 06/08/2019 or the crash in the share price to 0.12p. The first precipitated the second. ICON intends to raise £1.375m through the use of variable conversion loan notes identical to the ones that strangled the share price to near death before. 'put this to bed like it never happen'? What do you think happened? Tuesday's RNS was all a bad dream and mug PIs will wake up from the nightmare Monday morning to find the RNS gone missing and the share price back to 0.32p. Read Full Thread Follow Reply
08/8/2019 23:26	pwhite73: Your concern is not the dilution. It would be quite acceptable for EHGOS to own 99% of the company if the share price is at 1p. What DS is doing is extracting value from your holdings not by dilution but by issuing shares below the market price. That is what is killing the stock price and what death spiral financing is all about. DS is effectively transferring money held in the value of your stock into his and Iconic's bank accounts. The new death spiral finance is set at 90% of the share price and the warrants are set at 80%. Together these two will drive the share price lower than it is today and no amount of positive news can reverse this technical trend. Why do think even at this pathetic all time low price people are still bailing. Read Full Thread Follow Reply

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