Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Wonder what SP the board want at time of Consolidation.
.01p or higher.
Iconic labs
Sell: 0.00p | Buy: 0.01p | up0.00p (40.92%)
Dropping back....
Reached a high point today....
Live price:
Sell:0.0045p Buy:0.0055p 0.00175p (53.85%)
Reached a peak today ?
Maybe go a bit higher to 0.005.
Drop back a bit tomorrow ?
Looking forward to a big future with Aptamer.....
A few bumps in the Road but ultimately this
company has a big future. Just be patient.
Small drop today maybe....
Down -19.20 % at the moment
The way this share seems to go is after a rise we get a sizeable drop.
So a drop of say 15 % is likely.
Hope I am wrong and we get another decent rise.
Rise has stayed at 20 %......
What is the odds it drops back to about a 5 % rise....
What Is SEC Form 10?
SEC Form 10 is a filing with the Securities and Exchange Commission (SEC), also known as the General Form for Registration of Securities. It is used to register a class of securities for potential trading on U.S. exchanges. Any company with over $10 million in total assets and 750 or more shareholders is required to file a Form 10 with the SEC.
https://www.investopedia.com/terms/s/sec-form-10.asp
Odd, She has only been here a few days.
Maybe she thinks abandon ship.
This is hopeless.
Iconic Labs plc (ICON) Ord GBP0.0025
Sell:0.02p Buy:0.02p 0.00p (17.24%) up
SP just staying still
Dropping back a bit.
Still might finish up about 15%, end of day.
100 m sells at .01p
EHGOS Selling very cheaply?
Iconic Labs plc (ICON) Ord GBP0.0025 (View Factsheet)
Sell: 0.02p | Buy: 0.02p | down0.01p (24.49%)
In the interim, EHGOF remains free to convert the outstanding loan notes and/or exercise warrants already issued to EHGOF, although it can only do so within the limits of the level of authority that was granted to the Company at its general meeting held on 27 February 2020 and as fully set out in the prospectus dated 25 March 2020. In summary, the Company was granted authority to issue new ordinary shares of £0.00001 each in the capital of the Company ("Ordinary Shares") up to an aggregate nominal amount of £300,000 as if the pre-emption rights contained in the Companies Act 2006 did not apply, which would enable a total limit of 30,000,000,000 new Ordinary Shares to be issued, with a limit on the number of new Ordinary Shares that can be issued on an exercise of the issuance warrants of 6,900,000,000 and a limit on the number of new Ordinary Shares that can be issued on a conversion of loan notes and warrants issued under the Financing and Settlement Agreement of 23,100,000,000. Before any additional new Ordinary Shares over and above these amounts can be issued, the Company would require prior shareholder approval to be given and it is the intention of the Company to replace the Financing and Settlement Agreement rather than ask for such approvals.
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service , this inside information is now considered to be in the public domain.
**ENDS**
Iconic Labs Plc (" Iconic Labs " or the "Company")
Operations and Financing Update
Iconic Labs Plc (LSE:ICON), a multidivisional new media and technology business, today provides the following update.
New JOE Media contract
The Company continues to work under the management services agreement with JOE Media, and is currently fulfilling a contract to manage the production and distribution of bespoke social content through JOE Media in the UK . Revenues from this new contract are approximately £100,000 , the contract has already commenced and is scheduled to conclude in Q2 of 2021.
Going forward, the management services agreement will also extend to JOE Media's Irish operations following the expected completion of the acquisition of the JOE Media business in Ireland by Greencastle Capital .
Completion of JOE Media Ireland acquisition
The Company has been informed that completion of the acquisition of the JOE Media business in Ireland by Greencastle Capital has been delayed from the guidance previously given and is now expected to occur in early October. The Company does not expect any further delay, and will take full operational control of JOE Media's Irish business immediately on completion of that acquisition.
Negotiations with European High Growth Opportunities Fund ("EHGOF")
As previously announced, the Company intends not to serve any further notices to draw down under the Financing and Settlement Agreement entered into by the Company and EHGOF, going forward. Discussions with EHGOF about settling outstanding amounts due under the Financing and Settlement Agreement (see RNS dated 7 February 2020 ), and in respect for legacy debts are progressing well. As previously announced, the Company intends to settle such amounts from organic funding from revenues together with conventional issuance of ordinary equity capital and non-convertible debt. The Company remains on course to meet its aim of completing the restructure of its financing in the fourth quarter of 2020 and will continue to provide updates.
Opened at .011p.
2p would mean a 200 times increase.
Someone with £ 5000 worth would make 1 million pounds.
3rd point.
This will include reaching an agreement to effect the repayment or cancellation of all existing accrued convertible debt under the Facility.
Still plenty to pay out.........
1st: ...Company has notified EHGOF that it does not intend to serve any further notices to draw down under the Facility.....
the words " does not INTEND ", better to say " will not "............
2nd: ....The Company will aim to restructure its financing in the next quarter and will provide updates in due course....
" They aim to " not will, just aim.
What ICONIC want to do and what actually happens can betwo different things.
LOW CONFIDENCE in 7Digital.
Some on here were expecting 10p plus weeks ago.