The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wouldn’t class it as dumping atm tho. The sells are only for 10% of what they use to do. But they are definitely selling up. Its strange they waited for the official admission date this time as well. They’ve not done that before.
What we thinking, Wednesday or Thursday first TR-1? Or will we see a finance update before then?
Should start to see some TR-1’s next week then. Seem to be holding back to their usual dumps. Be very lucky if we see them get rid of 0.5bn a day at this rate. Compared to the 1bn+ per day previously. I think their holding back slightly as they know they’ll make more money on future announcements.
Another week or 2 and we’ll see the re-rate. Take advantage of the dips if you can. GLA
Correct Paulcon, it seems a lot of people are suffering from bipolar on this forum. They Don’t see the bigger picture and only see red or blue which in turn changes their moods dramatically.
Nothing goes up in a straight line all the time, as long as you’ve DYR you can sit back and relax contentedly and wait for the good times to come :)
Final point / reminder for tonight, which makes the revenue contract even bigger!
Announced 8th July on Initial JM contract:
“Iconic Labs anticipates this management services contract will contribute a significant amount of revenue to the Company and will enable Iconic Labs to become operationally profitable within three months”
Operationally profitable within 3 months. Put us to this month. That’s not mentioning the new contracts that were announced after that date, nor the double in revenue from today after the acquisition of JM Ireland.
Iconic Labs really are going places again now and we’ve joined the ride at the re-start ;)
I still can't believe the first RNS didn't have inpact! We've known for a long time the EHGOS situ and i thought the majority of us knew the shares issue was done after the warrants RNS last week and also the shares in issue hitting 31bn as expected. Especially after it was disclosed in the prospectus last year. So with announcing that the revenue was going to double every month form ONE contract, i was not expecting to see us hit the red intraday.
Good to see your still holding tho mags. Still waiting to see your TR-1 tho with all your top ups ;) I took full advantage of the dips as well, only the odd 5m here and there tho.
Stand by all my previous posts even more now and will not think about selling until we surpass 0.2 at least. If not higher once the info of these JM contracts are announced :)
Finally time to let this balloon fly, GLA
With the announcement this afternoon that any remaining EHGOS contracts have been terminated with immediate effect, I am now fully expecting an announcement in the next day or two on the other contracts.
The first one being the contract through JM of social content that got extended until Q2 2021. There has been no mention of what that is yet, other than it being extended by 6 months? (I’m still guided towards the Paddy power Pundits, with the connection to JM previously).
Icon are now generating a lot of revenue and are only going to generate more. All this and no longer getting diluted by EHGOS. The remaining debt with them will be settled in no time. Pretty sure they’ve already got the funds available or soon to to clear.
Iconic labs are only going one way from here :)
I am very baffled by what i've seen today, to open roughly 30% higher and then finish in the red is unbelievable.
Could there be a background order being filled? Who knows, i witnessed GGP recently drop 15% throughout the day for £500k+ orders to show after hours and then the price rocketed the next day. Not saying this is whats gonna happen, but who knows.
I do know that this gets rid of the day traders and those that are not confident in the potential Icon has. As soon as EHGOS is put to bed this will go through the roof. The fact we are now receiving £1.2m!! just one contract! says all you need to know about financing.
I even more stand by my word of where this company are going after this mornings RNS.
HOLD for gold as they say lol
GLA
Let’s put this straight. Im pretty sure the company are no longer in debt. The EHGOS issue was the only drawback, they have now had all their shares issued to them. The fact they are not dumping anymore, says to me they have agreed a deal to sell them back to ICON, hence ICON not receiving any money on the last two issue of warrants where they should have received in excess of £600k (off the top of my head).
ICON are now in receipt of £1.2m just from ONE contract. Let alone all the other contracts that are ongoing. Which is why they will be more than generating profit and will only generate more from future contracts.
Once it’s announced that EHGOS are no longer involved what so ever, this will go through the roof. But in my opinion, they are done already. Hence why I take fully advantage of these dips. It opened at 0.19 for gods sake! What does that tell you!
Very difficult to work out what's going on tbh. I agree with alot of the statements above.
Especially;
The fact the JM Ireland deal has not been confirmed via an RNS yet, when we all know its complete
The fact the EHGOS fund shares have not been continually dumped, like they always have done immediately on issue?
Are we waiting for the OFFICAL issue date of the shares before any new announcement is made?
What i do know, is that the FOMO on a great deal hit me today, and when it went below 0.0145 i went against my word and topped up some more.
As i've said many of times, the pros far outweigh the cons and this is only going one way from here and you will be very lucky to get in sub 0.014, hence why i took advantage of the dip today :)
The fact it has taken a small dip the past 2 days is because of the day traders jumping ship when the RNS doesn't get announced first thing, so they go elsewhere for their 20%.
To all the LTHs - GL, hold tight and strap yourself in for when that re-rate happens and we open a hell of a lot higher.
I will reassess at that point, but once the contracts are announced this will fly. For a media streaming company this is very undervalued at this price.
Short term (this month) will see a 100% increase easily! If you want to get out at that point, that’s up to you. But I’m holding for the long run here :)
That was 0.24
I could have sold at 0.030 a few weeks ago, for more than 3 times buy in. some might say I was stupid not to with the whole EHGOS situation. But I can see what potential this company has, so I’m looking to 12 x ATLEAST my holding.
Yajnas1 -Tbh with you I still haven’t worked it out yet. As with a lot of people here. The EHGOS dump still hangs overhead, but other than that I don’t see anything that will send this any lower than 0.13 In my opinion, as the shares just get snapped up at that price.
But the amount of news and contracts on the rainbow side of the river are endless. The pros far outweigh the cons, so this is buy/ hold all day long.
I can’t really say how long I’ll hold, everyone should have a goal / how much they want to achieve. The tricky thing is, my holding is from profit elsewhere and I said I wasn’t to fussed about it. So happy to let it run. But like I said, I still need to pick a selling point. That won’t be until I hear about these future contracts or we hit 0.24 at the earliest.
I’m sorry, but if anyone still thinks that this company isn’t going places, then they need to get their head examined.
The JOE Ireland deal has been on going for months, which is why a few of us here have been screaming hold/ buy the whole time. Even with the EHGOS dumping going on, you only had to a wait a month or two for this to re-rate. It only took a couple of 15-20k buys Friday morning to send this up 25%. That was without an RNS. The next notifications that are coming are going to be huge and with the SP as crazily low as it is, we will see 100 if not 200% increases.
Those that are doing their own research. Would have noticed a new ambassador of Paddy power (client of JM) this weekend. Put him with the other pundits and create a new sports show just like liquid football that was created through PP and broadcasted through JM. This company will go through the roof!
This statement says it all:
Greencastle said the coming months would see “significant investment in the organisation” and identified its data and insights division as a priority. Existing JOE shows GAA Hour, Unfiltered and House of Rugby will “continue to thrive”, it said, alongside new content and “fresh talent”.
The development of the Her brand in Ireland would be “a key strategic focus”, it added, with new Her shows focusing on lifestyle, entertainment and sport to be announced soon.
Significant investment, alongside new content and “fresh talent”. This company is going places!
Mark this post and watch it balloon :)
Very strange they haven’t sold ANY today. Or anything after the notes issue was announced at 1400 yesterday. Bareing in mind they had already dumped 1.2bn yesterday morning.
What’s made them stop completely now?
I think they have around 5.5bn ish remaining. But the fact nothing has been sold today, I have a feeling background deals are being completed hence no cash being issued on the last 2 warrants? Where’s that money gone?
The next RNS (minus TR-1’s) are gonna be massive!
Don’t want to waste to much time on them. But they offer business to business for Digital music steaming Laymen’s term, they control music for other company’s to use.
Small Similarity here, icon control video streaming.
They shot up from 0.20 (which was their baseline) to over 3p on contract news for music streaming through triller.
My reason for relating them, is that 7DIG were not and potentially still not generating revenue through there music streaming service. ICON IS and will be generating a lot more with potential contracts.
Also, and the main reason is because it shot up due to triller was mentioned in the news a lot (not 7dig) my point is, the JM contract that is currently being worked on can be linked very well with the Pundits program that paddy power broadcasted, due to JM’s connections with them in the past there is a strong possibility a need pundit program similar to soccer Saturday will be broadcasted on paddy power and streamed through JOE media. Now imagine how quickly that will be spread around Twitter. And how quickly the SP will multiply, just like 7DIG.
The only downside from here is what the potential 5bn may do to SP when sold. but like I said before, I can see them getting swallowed straight away.
With the MCap being as low as it is, once the news is released this will double and then some.
I honestly still can’t work out even roughly how high SP might go with what I’m expecting here. I’m more than expecting a 7DIG type rise.
You should never announce how much you invest, but I will say I multiplied my last two investments by 5 and 8 and I got in here even lower than my last so I’m expecting at least 12 times. And the main thing I’ve learnt is to DYOR and be content with your own investment regardless what the de-rampers say.
:)
How quick is a tough one and it all depends on what exactly the contracts they’ve got on board fully entail.
The main reason the ICON SP is where it is today is due to the EHGOS fund. The share total has multiplied by roughly 20 since it started. Which in turn dilutes the SP.
When the name changed to Iconic Labs last year the SP was around 0.15, that’s even after announcing all the legacy debts and also the new funding through EHGOS that was a last resort in order to keep their heads above water.
They shouldn’t have done it and the SP took the hit MASSIVELY and I’m pretty sure their aware of that. But NOW there will be no further dilution. Only positive notifications on the release of new contracts.
Ref. Top-Up - Again tough one, if we don’t get an RNS the next few days ref these contracts, the 5bn will be getting dumped which in turn will lower the SP. Unless people snap them up, which looks more likely. I wanted to top up (average up) at 0.012 but pretty sure I’ve missed my chance now for sure. (My Top up limit is 50% of initial buy SP). But if you don’t mind potentially seeing red the next few days, top up what you can.
I’ve done a lot of research on this now and even before investing. With the JOE media contract there is a hell of a lot of potential with this now. My first aim is 0.1 (by end of Nov) followed by 0.5 (Q2 2021). Take a look at the growth of streaming and online advertising. Where do you think the money from advertising in Cinemas are going?
This has more than enough room to grow for it to be a life changing share from here.
GLA