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ICON,,,, LOL,,,
Not that bad a day to be honest. Low volume, and didn’t tank like it used to on news. It looks like a new floor has been found (haven’t we been here before?), and the next news will probably be engineered to raise the price to well over 0.01. That seems to be the general consensus just now, so use this knowledge to make some cash - why should the shareholders miss out while everyone else gets a chunk of pie?
After the usual sell on news dip, we are now forming a nice little
staircase of tick's up
come on MM's make them steps bigger
lol
perfect analogy JAdam
if you go diving anywhere , the sharks all have ramora's in tow
lol :))
on the latest deal , the adjustment appears to be the new bottom (but we have seen that before)
for conversion is 0.01p and as you say their industrial greed (and previous Apr 2020 onwards)
they will be wanting their usual 50-250% margins
Good for 0.015 - 0.025 again surely lol
:))
EGHOF made more than their money back off the £1.4m of the £2m CLN converted
sheer greed in motion
If you and I did and posted on the board last year, take all the RN-Announcement messages
and TR1's and line them up from the initial conversion onwards the only significance in the
to the market in the RNA's where they where the next date of conversion
The TR's clearly showing on those date each and every tranche forward sold, the original wording
in the deal was the HIGHER of our nominal 0.01 or 10 day VWAP, this was also criminally ignored
The first tranche immediately converted at nominal 0.01 when vwap higher at 0.0275p
and was clearly dumped from when prices where above 0.03 and down spiralled
The second tranche was the only one converted at vwap 0.0225p
All tranches that followed at nominal, until market prices fell below nominal and
they also converted lower and lower, so much for the original 0.01 or vwap the
higher of
If you took the average prices they forward sold each tranche they made a mint on each
so to then come back having added 36 Billion shares to the share base in the process
and declare we still owed them £600k plus warrants is as greedy as it gets
icon is just a vehicle for them, cheaper and easier to use a vehicle which you can make money from then do it theirselves.
They are here to make money, not to help shareholders and will make a profit either way.
DS worked for EGHO, Egho sold OTT their shares, old board work for DS, can never assume who is in which corner
Funny how EHGOS are in our corner and it is a good thing after previous dealings...funny old world.
They should ask this guy if he has benefited from the matter too.
Still no update on companies house to who has taken on ownership of icons stake in infotagion, can only assume... that DS and DC have by default an increased stake in it.. make a good covid scandal story mr MP...
https://en.m.wikipedia.org/wiki/Damian_Collins
Hi Truth, yes he’s up to his old tactics, i thought after the last public debacle he might have changed his spots, but until that loan is repaid (in full this time) it doesn’t look like he has. It’s been three same play as ATOG for him.
Can only hope egho / ott can turn it around.
So...win, lose or draw?
Lose....the ex-bods get their cash, way.
Draw...the claims are removed to save embarresment (win?)
Win or lose..the forrnsic bods find the truth..hopefully a win.
One thing gir sure..it is going yo be an interesting day, maybe several weeks....
Guess this MSN apology for a previous article was not required then LOL
:))
Iconic and EHGO dispute
08/02/21
On 3 February we published a story about Iconic Labs PLC and Greencastle and its directors. We accept that the financial dispute that prompted that story is the subject of litigation, and that Iconic and the relevant directors strongly reject the claims made. Further, ES accepts that the litigation mentioned in the piece is solely between Iconic and EHGO, and does not involve or refer to Greencastle , David Sefton or any other director of Greencastle.”
We shouldn’t forget about OTT holding a chunk of shares either. It was them that kicked this whole sequence of events off in the first place. Things might not be great, but they must see some value here. At least we have someone batting for us, instead of trying to steal every last penny.
It’s a pity those crooks didn’t get a forensic accountant in when they took over WDC. When the RNS was released stating that they left this company, they said it was “for the benefit of shareholders” (or something similar!). They have done nothing for shareholders from day 1. Their reputation was already in tatters when they joined ICON, where now? I didn’t think I’d get my day in court, but it looks like I will now. Here’s to a good day & new beginnings.
If they are getting forensic accountants in, they must be very confident....the ex-bods might be needing some man pads now. For us, at least the truth will be known, imo, only one winner here...the new BoD.