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B009, kind of get the feeling you might have already had the pump Monday/Tuesday, the dump now in progress. OTT getting out I think (their job done, voting through the resolutions of 7). Don't forget, if they took EHGOSF's holding (conversion @ 0.009p), both could be in nice profit dumping at the current SP.
Wow, had to read through a load of diatribe before I found anything remotely of use and relative to the current situation of ICON.
Found some here but still nothing to convince me it's the right time to invest.
B009, I think you might have taken that trade/gamble a little early this time.
t0m87 are sure now, that is what JQ said... it's just that you also stated resolution 7 wasn't voted through when indeed it was:-
_________________________________________________
t0m87
Posted in: ICON
Posts: 278
Price: 0.012
RE: Dilution 31 Dec 2020 19:03
If you listened to the agm, resolutions 7 and 8 were not voted through.....
_________________________________________________
Maybe you started celebrating the coming of 2021 New Years Eve morning.
It's just that 'positive energy' used that to start his last barrage of mockery. Not that he needs an excuse, as when he's got nothing to use, he conveniently makes up a false allegation. Never has anything to back up his ramping either (no research to offer), and that's not just with 'ICON'. Nasty little man.
Sarashare, pray tell what insight you have to offer. Where is your research to back up your ramping and constant calling of those who don't rock your boat.
Haven't read anything from you that would say 'I must invest in this'. Seems your just another blinkered follower.
Beware of the sheep shearer!
So much shi5e talked. This 'BoD' have yet to do an independent deal that's got any real monetary value. So far, totally attached to DGFS's apron. Expecting some sort of incorporation this year, with most likely an 'ICON' PI wipe out.
All IMO (off course). Please DYOR... (although I've been pretty much on par so far, with about twenty months of commentary).
yakya, I'm surprised you don't know, especially if you hold shares in the company (did you not receive your AGM Form of Proxy?).
Today at 11:00 they held their AGM and if resolutions 7&8 were passed, it basically allows the BoD to issue 'without shareholder approval' up to approximately another 28 billion shares.
Some will argue the 'BoD' have no intention to issue further shares as they are now covering costs and even profitable, so just a safety measure.
Others like myself are somewhat more sceptical and critical and would argue, why the need to pen those resolutions.
This is what I believe. The recent announcement of OTT holding 18+% of the issued shares was a strategic move by the BoD (probably influenced from an outsider, but within). That 18+% was EHGOSF's remaining holding. OTT will then vote through resolutions 7&8 ( I'm sure most PI's would not be voting for the carrying of resolutions 7&8). Job done and they will be duly rewarded.
So lets see... the results haven't been announced yet. I'll back myself that I'm not far off the mark and further shares (=dilution), will be issued in the not to distant future (next year is almost on us).
DYOR and a Very Happy New Year 2021 to you all.
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If resolutions 7&8 are passed (Of which I have little doubt, believing that OTT's holding was orchestrated so this could be achieved without PI approval) and fully exploited, I can the the SP as low as 0.003p.
Could also be avoided, but BoD needs to adopt a much more transparent approach with deals and communication (IMO). DYOR
pe6169, I could ask you the same. (positiveenergy & pe6169... the same, different avatar?)
I'm here because I believe in the truth and tell it that way (in my own time), nor am I paid by anyone.
Paid rampers usually work Monday to Friday 08:00- 16:30. Noticed a change in working hours recently for both pe's. Maybe not paid directly, which suggests at work being paid to do something else, while posting here. If so, does your employer know?
...'positiveenergy' as you like to quote 'British bull5h1t':-
ICON.LICONIC LABS
Last Signal: 21/12/2020
SELL
Last Pattern:
BEARISH ENGULFING
Last Close: 0.0123
Change: - 0.0002
Percent change -1.60%
Signal Update
Our system’s recommendation today is to SELL.
The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.0125, and our valid average selling price stands now at 0.0123.
The previous BUY signal was issued on 17/12/2020, 4 days ago, when the stock price was 0.0126. Since then ICON.L has fallen by -2.38%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.
Come on 'positiveenergy' what happened to your fictitious friend 'Lady luck'.
I can just imagine your school report... needs to try harder!
I have to laugh at 'positiveenergy's' posts.
Just can't take him seriously anymore. Quoting 'British Bull5h1t' on their 'bullish engulfing pattern (as though it was his own candlestick study). Then proceeding to claim their last short trade was a loser, quoting:-
"Reso kindly pointed me in direction british bulls saying they short hahaha,,,
i see they have lost four out of five times they gone short on iconic recently but have made a packet going long, they went long within hours of reso posting it seems at 0.0126, thats the reso effect, lol."
The truth is in fact quite the opposite, out of the last five sell/short signals, they got it right 3 out of 5.
Also came out with this gem:-
"They say Bullish engulfing pattern confirmed/ better late than never i guess and get this they now say
BUY LETS JUMP OUR WHITE WHITE HORSES AND GO FOR A RIDE....... said was good having reso here lol"
... and guess what, only 1 trading day after going long and printing the above (yes, they got it wrong), they advise:-
"Latest Pattern ' BEARISH ENGULFING'
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 17/12/2020, 1 day ago, when the stock price was 0.0126. Since then ICON.L has fallen by -0.79%. Market Outlook Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside."
I see he's now quoting his fictitious friend 'Lady luck' on ICON (05:02 Sunday morning {gets the odd weekend in at double time}):-
"Hers words they are fantastic i love them, they are a real good one they will be massive."
I think Worzel's definitely clutching at straws now. Best to ignore the noise, ramping ramblings and 'BritishBull5h1t' too. DYOR
... as I've alluded to before. I guess that was the purpose of share transfer to 'OTT'.
The 'BoD' know it would have been impossible to get the freedom to dilute at will carried otherwise.
Question is, who do you trust? Remember, the floor was supposed to be 0.4p