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Don’t understand your response there? Look at my posts I’ve been backing Icon after the RNS Of EGHOS out!
The problem now is what to believe. They’ve deceived us simple as. Just compare the RNSs, it’s blatant contradiction which I think everybody can see. I would not be surprised an iota if FCA suspend these based on this...they should be summoned to explain this!
Can’t believe these guys are allowed to run a listed company.
Only look at the last three RNSs ( not the TR1) as clear as black and white. I see my investments worthless within a year since Icon took over and beware of pump n dump squad.
You’ll get banned again now. Lol
This is the point. BoD issues contradictory statements. So now they are saying they can have additional shares due to past agreements. Which means many billions of new shares at the price of 0.007 for the fund to sell in the market. They are not keeping these shares they are selling them. I thought this was a little gem with a bright future. I would be very happy to buy a few hundred million at the same price as the fund. Why should we be paying twice the price of the fund and they keep converting shares and selling them. Be careful before you invest here. The BoD are not trustworthy. No credibility at all. They have shafted the share holders and can’t be trusted.
Mag, you invest ,it’s your money and your decision. Goodluck to you. Don’t get intimidated by the idiots on here.
Latino - did you know that ICOM management team (bunch of cool techies) were part of Joe Media bid team for Greencastle Capital and they won bid against 17 bidders? did you know that? so befoe you rubbish others so you can get in - do some home work. You don't run a start-up company have run one. I am guessing you want in at some point? Or you would not be here.
Anyways let us know your position, come next week.
latino - No - you miss the whole point. They wanted to get out - but debtor siad they were entiled to sell another 5b for old debt - so they had to let this go. They had signed deal. I don't buy for management alone - i buy for value.
I am guessing your not in. Right? So if you dont trust management go somehere else. If you see the value, stick around.
I am aguessing none of he below means anthing to do you. It means mulit bags to some.
Let us know if you buy in or short. either way woudl be good. thanks.
Your missing the point...it’s the deceiving RNS they issued last Thu. The RNS today completely threw me of my seat. How can the BoD deceive shareholders like this!
Can the BoD be trusted after this...for me I would tread with caution. BoD definitely lost hugh credibility after this!
To all holders/ buyers and would be buyers - my fellow partners in crime.
This is why ICON is going up and will continue as buyers load for more - todays placing was a chance to to get in on cheap shares - placing was not ideal but the company could not avoid it - for contractual reasons. At least it clears thier debt. Stupid arrangment which will be now be cancelled, as we had the second RNS - and they sold off 5b down here.
As announced on 10th.
1) New contract with multinational consumer goods company (this is fairy big on its own) - Iconic Labs Plc (LSE:ICON), a multidivisional new media and technology business, today announces that Iconic Labs has successfully completed a contract to produce research, data and insights for a multinational consumer goods company. This is an innovative type of consultation service for the Company that the Company will look to offer to a range of new clients going forward.
2) Separately, the Company continues to work under the management services agreement with JOE Media, and is currently fulfilling a contract to manage the production and distribution of bespoke social content through JOE Media in the UK. As previously announced on 5th August 2020, the contract value is expected to be in excess of £150,000.
3) Joe Medai UK - WIP growing pipeline here already - Additionally, the Company has made substantial early progress in re-focusing JOE Media's UK operations as well as increasing the sales pipeline for Q3 and Q4
4) Joe Media - Ireland (teh biggie) Going forward, the management services agreement will also extend to JOE Media's Irish operations following the expected completion of the acquisition of the JOE Media business in Ireland by Greencastle Capital, which is now due to occur in the very near future - we now have a date as per RNS today. Just pending Ireland holding period.
With ICON is now revenue generating business and with above they will become profitable by end of year. Watch the numbers role in. Item is multinational consumer goods company. £££.
Now the biggest risk is Joe Media Ireland not closing for takeover by Greencastle Capital. But we will see, and when it does close - i fully expect the pps to be around 0.1-0.2p hands down - thast my view and evidence is above. If you like it thumps up if no likey then move on somewhere else.
There is more solid information for holders and woudld be buyers to be happy about going forward. More later.
Getting alot of de-ramper/ negative attacks - which is good sign. As many don't understand whats going on. And why the pps is multi bagging - and forward sold 5b placing was bought at drop of hat (in 3 hours max). And these buyers will be hungary for more. For the reasons stated above. ICON was not revene generating before and now it is. And starting to get new contracts. A
well done to those still hold/ adding and buying new. Stay put. happy, bright days ahead.
yep i bought some more and over 2 accounts and holdings I'm up , not as much as i was yesterday but then that's investing house wins unless you don't DYOR
At 0.000024 many called 0.00004 or 5. It looked good but then this. Brutal 2 days really.
The Company does not expect any further delay, and will take full operational control of JOE Media's Irish business immediately on completion of that acquisition.
And we now we are due updates on few other items too.
Share sale part of the rns was just chance to buy shares.
Suggest you buy/cover on Modnay and be happy - instead of being rude to buyers now - who bough around 8b at 00013p.