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Yep learn to do your own research search first and how understand how shares move and drop...chat boards should always be secondary.

Will all be closing now..this is the real deal with EGHOS more else out..

Just like SYME..

- Icon have ditched some £600k financing (of £2m planned)

- Icon now achieving material growth across business

- In talks to either the effects the repayment or cancellation of all existing accrued convertible debt under the Facility.

- Icon has no intention to draw further from EGHOS

- Icon to replace existing with conventional financing, it surely have some preliminary agreement (must have to ditch EGHOS)

News due: EGHOS TR-1 of exit, Alexis update, update on general business, finance restructure next quarter.

TW deramp...umm just like he did SYME when it was 0.05 following this it did some x16 baggers!!

Seriously guys....they must be ‘extremely’ confident of solid revenues now for them to give up this funding with some £600k left, this tells me there is loads more to come here and this company is now on a solid footing...otherwise why would you give this up and especially in the current pandemic climate???

Only regret is MMs didn’t let me buy for ages at 0.009

Cannot disagree.

Next move coming..interesting afternoon.

Nope...you need a good broker otherwise you miss out on gems like this..

Looks like eghos nearly out now..dyor please!

Careful of what? You know history and significance of this RNS?

Expect Zak to update today..but surely even his target of 0.05 is not based on the game changing news today...will be interesting!

Yep they should be gone today.

Simply unbelievable turn of events...after doom and gloom for many months it’s totally caught out everybody including the MMs...!

This is the game changer here:

This will include reaching an agreement to effect the repayment or cancellation of all existing accrued convertible debt under the Facility.



With the Company now experiencing material growth in activity, partially due to the management services contract with JOE Media, the Company intends not to serve any further notices to draw down under the Facility going forward.

0.02 initially then 0.05 but this was on no news just technical...now fundamentals right behind this stock!

Also confirmed business is going places now...no need for EGHOS funding needed..,,turnaround and hugh re-rate surely here

Target...should now come into play!

Just come across this..it seems they’re going after them...those culprits have now all been identified.

https://www.google.co.uk/amp/s/www.cityam.com/former-bosses-of-finablr-and-nmc-health-face-fraud-accusations/amp/

The former chief executives of Finablr and NMC Health are among a group of 17 people who are claimed to have embezzled millions of UAE dirhams from the firms, the Sunday Telegraph reported today.

According to a report prepared for billionaire tycoon Bavaguthu Shetty, who founded the companies, brothers Prasanth and Promoth Manghat, who led NMC and Finablr respectively, used forged documents to siphon off the funds.

The report, which was prepared by Emirati firm Wise Consulting and commissioned by Shetty himself, sets out allegations against the 17 based on the billionaire’s bank records.

Back in April Shetty had launched an investigation into the alleged fraud, saying that it had been carried out by a “small group of current and former executives at these companies”.