Member Info for Wild_Card

Who are with For L2? I have L2 with LSE & don’t see a change. When I enter the ICON ticker anywhere on other sites, I’m not getting anything.

Any idea why the ICON ticker didn’t happen yesterday? Or what they meant exactly by it changing to ICON on the 11th July?

Price moving now!!

I don’t think they’ll want to let their own “credibility” down first & foremost! That’s how I read this story from interviews & RNS’s.

Retour- I prefer to find whatever answers I can from the RNS’s & interviews. So didn’t want to speculate too much before, but all good questions that need answered. What I can’t find an answer for, i just gotta play the waiting game for future RNS’s dropping or from what I listen to/read in interviews. 11am for GM is a good time though, so hopefully news by midday or there about. Tomorrow, i am hoping for numerous RNS’s to drop, but I am only really expecting a vote result & a dry update as to not be too disappointed if I see nothing else lol

What better way is there to formally launch a company & realise it’s full potential than with news of contract/s?

to me why they've been quiet lately...

"Executive Chairman, David Sefton, said: "We have made excellent progress in restructuring the business which, when complete and combined with the approval of the proposed name change, will enable us to direct our energies towards a formal launch of Iconic Labs and the realisation of its full potential. "

GM RNS dated 24th June 2019

There's little point in saying too much if the name change hasn't even been approved yet.

I'm not saying they can't talk about signing off a contract. I'm only saying they can't get into the specifics yet. They announced the £1 million contract with a financial firm, but not who their client is. From their interviews on Proactive Investors, this would appear to be the case, that they can't talk about who their client is at the moment.

Most likely they're only waiting on the name change to occur and nothing more before spilling the beans. Anything they legally sign off has been through using their brand, Iconic Labs (not WDC) so makes sense that they haven't or can't get into the specifics at the moment. At least we'll find out tomorrow for sure!

The name change is significant for the simple fact it won't be WDC anymore! We can't know how significant the company will be yet in relation to share price movement until their story develops, but with the soft launch of their company securing a £1 million contract within an area they haven't negotiated before, was significant enough to get a lot of investors interested and quite rightly so. If no contract news is released on their first day of trading, that just means they can't talk about it yet, but we do know they have contract news to share, so we'll be hearing plenty on that sooner rather than later. Also, EHGOS agreed to lock in their 5% because they no doubt see a significant return of value on their investment here.

Smokingjoe- with you on the potential here for sure! Look forward to the story developing.

6zeros- Agreed! They’re defo coming for them with Iconic Labs by aiming to build something bigger & better. They also won’t be bottle necked with the word “Lad”, which presents some issues or headaches from what I can read from some of the links I posted earlier. With their new business model & “grown up” name change they can represent themselves as a more mature social media publishing business. Their first contract with a yet unknown financial firm, I think, clearly shows this. With UniLad they also limited themselves to Facebook for whatever reason while LadBible grew outside that box and eventually ate them up. I think they’ve learning from past mistakes as shown in their presentation with their “aggressive growth strategy”. Can’t wait!

New Years Eve celebrations are massive. Possibility there to switch from celebrations all over the globe when the bells come in.

Exciting times ahead IMO! Their “path to success” notes on page 12 of their corporate presentation is a good guide to show a time period of their business development plans. It’s the reason why it’s included after all, no? I’m aiming for a long term investment strategy here, but how the story unfolds will inform me in the end. Not my fear. Good luck all & DYOR.

https://www.proactiveinvestors.co.uk/upload/SponsorFile/File/2019_03/1553258847_4---Widecells.pdf

@Retour- You and me both and I’m sure a whole lot of other investors, but the way I look at this messy Unilad bid war story, Quinlan & Team are now out to prove themselves again by building something new and more profitable hence their “aggressive strategy” talks in presentations and RNSs we’ve had in the past. Sefton and co obviously aren’t chuffed with how the bidding war went & clearly understand the kind of money to be made here & now they’re all teamed up. Not long now anyway to see how the story is told next week! Good luck.

Who knows for sure, but maybe something to do with a bidding war for UniLad? Sefton via Linton Capital & Rocket Sports Media along with, then rivals, Alpha Blue Ocean, all lost out on their bids for UniLad to LadBible (unfairly apparently). Now all happily partnered with Quinlan and Team for Iconiclabs. Regards to the article in the link, perhaps this is when they got their heads together to start up something new.

https://www.thedrum.com/news/2018/10/05/lad-bible-confirms-bid-unilad-reveals-5m-debt-owed

Some other links

https://www.thedrum.com/news/2018/10/04/unilad-administration-latest-bidders-emerge-debt-ridden-media-company

https://www.thedrum.com/news/2018/10/12/ladbible-closes-unilad-buy-questions-linger-over-manifestly-unfair-bid-process

tech! Happy to have bought in earlier today for long term hold.

@OilNovice- Correct me if I'm wrong, but aren't they shutting the stem cell business down? The latest interview on Proactive Investors, "WideCell's David Sefton clarifies financing agreement with institutional investor", seems to suggest this move. Fast forward to 3:14 of the interview where the question is asked.

https://www.proactiveinvestors.co.uk/companies/stocktube/13764/widecell-s-david-sefton-clarifies-financing-agreement-with-institutional-investor-13764.html

Antos isn’t interested in PSL which is why it was liquidated or sold off for £1. He’s interested in the “structure” left in place via cash shell BOU to complete an RTO into whatever his target is. It’s cheaper and quicker to list a new company this way on a stock exchange than to list from scratch.

Exactly. I Posted an article about Dragon being suspended before. I believe that could be a reason for that RTO not happening.