The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
'Iconic Labs chief executive John Quinlan, chief business officer Liam Harrington and chief operating officer Samuel Regan-Asante are among those to have joined Greencastle, which is controlled by Paul O’Donohoe and former Iconic Labs chairman David Sefton.'
Seems like they will just be providing their services as employees of Greencastle now... So Ikonic has lost its BoD and no chance of getting these Greencastle revenues back (85% of their revenue). I struggle to see who has won here. Ikonic is now a shell with very small revenues and no skillsets. Share price has plummeted, harming all investors. EGHOF are taking an empty shell company to court, but given it's in a net debt position they won't be getting a penny.
Hahaha this is just too stupid. GME ended up like this because 120% of the stock was shorted. SYME has relatively low levels of shorting, you’ll never get the short squeeze like GME, this is just some rampers trying weird tactics. I’ll just let my investment grow with the fundamentals, rather than going down the route of market abuse.
It’s not happening today. All that has been released so far is that the company aren’t capable of staying within LSE rules for accounts deadlines though, but these rules aren’t particularly complicated... especially when you’re talking about a company trying to revolutionise the world of debt. So personally I’d rather we stay delisted for a few days so we can open on a good news RNS, otherwise our investments will just shoot down on open.
Ah yes Camkite you are right, early next week then hopefully!
Surely we have to get an update tomorrow? They said we would be updated by end of January I thought. Hopefully they finally realize there is no appetite for the company to be liquidated since no one turned up to the liquidators meetings, but hey let's see.
I’m confused, surely no one thought the SP was going up because of the performance in the last year? This is a forward looking share, exciting opportunities, exciting people. We also knew they hadn’t just created 2mn of cash, obviously there would have been a loan involved. Remember why you invested and ignore people like pineapple trying to cover shorts.
I don't currently hold in EUA, but I wouldn't be worried if I did. The fundamentals are the same as they were, one sale by a director, especially of that amount, would never justify a drop of 40% like that. People have just panicked and stop losses have been activated to send it into a bit of free fall. It'll be okay guys :)
The tweet from Coalculus today shows we are only just beginning:
Coalculus
@coalculus
We are proud to announce that our founders Mr Jack Bai and Mr Shayne Tan has been officially appointed as Executive Directors at LSE Mainboard-listed GSTechnologies Ltd. We’re bringing #Blockchain to #Fintech and #LSE.