The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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BOOM BOOM POW by black eyed peas !!!!!!!!!!!!!!
No clue - It was an EXAMPLE of what he may put in the RNS this week
Rose, what utter rubbish. DL did NOT say that. The RNS will be calling an EGM to vote on name change.
Smokingjoe, but of a pointless comment as DL is waiting for the accountants so it isn't on his schedule but theirs.
True say
26th was an example date
DS said definitely name change RNS this week - so I’m assuming in the RNS this week he will state state ‘on the 26th Iconic Labs will be launched officially’ ;)
My guess will be by the end of this month, maybe first week July.
They will want the fund out the way and all the paper work to be concluded. Also, it give them a little more time to land some of these big contracts we keep getting winked at about.
I think DS and crew will want a easy ride with the SP around the 0.6 mark before any torch baring hate mob shows up.
Any idea when this EGM is likely ?
GLA
Agreed RDR. Should be all positive from there on.
The EGM will really set the countdown clock ticking.
No I think this is the time to load up and wait really do.
You are
Nice one Chan mate. You’ve called a lot right lately so I think your on the money.
We should hear about EGM date today , tomorrow my guess. Then the real winning business begins.
Hopefully he throw in a surprise of another contract before then. Way David spoke in the interview I think they have many lined up and they cant wait ti get it started.
Jay_P, you claim;- "Shares in issue is not 990.55m, it's 1,199,302,698."
That's what the RNS's claim to be converted and state date's of 'expected' to be admitted to trading. If they've been admitted to trading, site's like LSE ( here ) and others should be reporting/confirming and reflecting the same. That is what I've always witnessed in the past with other stocks/shares, whenever a conversion and admittance to trading has taken place.
Wherever I look, the reported shares in issue remain at 990.55/990.1 million issued shares. Surely the reporting cannot have fallen a month behind what should be a daily update. Please enlighten me otherwise if you can... I'm not convinced.
FSA15, @15:11 you quoted:- "Well either way they will be cleared this week - so he says."
Converted maybe, certainly not cleared. By my reckoning, there's still 400million plus shares ( less the 70 million or 5% nominal holding that cannot be dumped for at least four months ), still to be admitted to trading, providing the reporting of shares in issue is to be believed.
Shares in issue as of today 990.55m. Shares in issue after wholly admitted to trading ( according to RNS Number : 4727C @10:38 today ) 1,399,302,698
Lets have some transparency and clarity first... or I'm sticking to what I can see!
guys i did a rough calculation of the converted shares from the prospectus and I don't believe they have converted more OTHER THAN the penalties...
The price has stayed at this area for some time, There’s only one way this will go at some point and people who have stayed in and sold none just like myself will reap the rewards, If it goes on for another week and a half I’m in the position to add more to my portfolio and that’s what I will do
LB28, PI’s would have been ‘screwed over’ if WDC had agreed a new £3m covertible loan facility with EHGOSF, or they had changed strategy to refocus on the medical business etc.
Why do you think your constant complaining is going to change anything?
LB28 If the converted notes are more than what the prospectus says what are the implications?
LB28
as to someones post to you on ADVFN, don't worry about the conversions these had been arrange long ago and they need to be implemented now so the company WDC can be closed down and switch to IconicLabs.
M/C is dictated by revenue and contracts, There are many Aim companies with over 1B shares with huge M/Cs
The next set of RN's will be a game changer here. I suggest you listen to DS pod cast
#WDC shutting down! 1.4billion shares in issue, EHGOS - last ones requested, LAST conversions this WEEK- no more after this@all!!! IconicLabs NAME change RNS this week! £1million contract done, SEVERAL contracts + Acquisitions in the pipelines (DS - cheeky smile) #WDC 👊👍🎉🎉 Positive body language, positive non verbal facial expressions! If he had pulled a fast one today he wouldn’t come out and speak about it!
LB28, fire him an email or ring him. He may able to tell you if not sure.
I see this doing very well and cant see it staying at this level for long.
Nothing standing in way now for a decent rise in next few days/weeks.
Yes things take time LB. They are not opening a corner shop