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ARTICLE

Red Flag Alert: Iconic Labs – How strong is the Directors track record in creating shareholder value?

2020-05-24 14:21:09

Worthless new media POS Iconic (ICON) is promoted on the strengths of its three Directors John Quinlan, Liam Harrington and Sam Asante in social media as the extract from page 38 of the prospectus indicates:

ARTICLE

Iconic Labs – Toxic David Sefton still behind the scenes pulling strings working with Tory MP Damian Collins

2020-05-24 11:35:02

On 30 December 2019, as I highlighted in my article of the same day, toxic Dave Sefton resigned from Board of Iconic (ICON) admitting that he had become a PR liability following a series of exposes on this website about how he had used company funds at Anglo African Oil & Gas (AAOG) to benefit his private interests and had then lied about repaying those funds which he has still not done in full.Sefton is thus utterly toxic but behind the scenes and a trio of directors each earning £200,000, toxic Dave remains very much active behind the scenes at this company operating with almost no revenue and racking up steep losses..  He is involved in both Infotagion and also the London Economic deals that Iconic has announced.

ARTICLE

Iconic Labs - Unprecedented dilution to pay for boardroom excess

2020-05-20 11:12:31

Uber dog Iconic (ICON) is still losing money. But that is not the real story here. 

ARTICLE

Iconic Labs shares suspended for incompetence but that is the least of its problems

2020-03-05 08:31:22

It never ceases to amaze me just how irate and even abusive some investors get towards anyone who doesn’t think that their investment in a company is going to make them a fortune. That was certainly the case last August when I covered a company called Iconic Labs (ICON) here with a piece I titled ‘Iconic Labs death spiral financing won’t work out well for existing investors’. Today the shares, having already collapsed as predicted were suspended as the company fessed up to monumental incompetence.

NEWSFLOW NEWSFLOW ARTICLE

Iconic Labs – finally corrects its maths….it’s only taken a week! Still a screaming sell.

2020-02-15 11:29:42

Further to my article last weekend which pointed out that someone at former David Sefton outfit Iconic Labs (ICON) couldn’t add up with reference to its RNS of 4.08pm on Friday 7 February (no-one-is-watching o’clock) announcing a capital reorganisation, a week later the company finally got around to correcting it…….at no-one-is-watching o’clock (4.09pm) yesterday. Perhaps yesterday’s crony capitalist lunch at shareholders’ expense was alcohol-free.

ARTICLE

Sell Iconic Labs – former David Sefton outfit sorts death spiral problem.…..with a death spiral! And someone can’t add up

2020-02-09 10:24:40

Tom Winnifrith has already taken his sup from the ouzo bottle with regard to seeing David Sefton “resigned” from Iconic Labs (ICON) and called it insolvent. In a statement at 4.08pm on Friday – no-one-is-watching o’clock – which was littered with Red Flags, we were told that the company’s business is now generating revenues and starting to achieve real growth but it plans a capital restructuring and has agreed a new death spiral as it is not currently possible to raise conventional capital. So that’s alright then! And courtesy of ShareProphets Nomad Services I forecast a correction first thing tomorrow for it seems someone did rather too well at lunchtime on Friday.

ARTICLE

The second time I’ve claimed this scalp this year: Toxic David Sefton “resigned” from Iconic

2019-12-30 10:38:12

In July this year David Sefton was forced to quit Anglo African Oil & Gas (AAOG) after revelations on this website about horrific undeclared conflicts of interest, obscene expenses and other matters. Here we are on January 30th and after massive pressure about misleading RNS statements, related party deals and other matters I get to claim his scalp again, this time at insolvent Iconic (ICON).

NEWSFLOW ARTICLE

Iconic Labs – why cannot it get straight its story on Gay Star News?

2019-11-01 12:09:54

Oh dear, oh dear, Iconic Labs (ICON), run by toxic Dave Sefton of Anglo African Oil & Gas infamy, has issued another statement on its acquisition of the LGBTI website Gay Star News. And it is still misleading its legion of daft followers. Why cannot it get the story straight. I provide, in bold, the ShareProphets translation service below. 

ARTICLE

Iconic owning morons the gift that keeps on giving

2019-09-15 10:56:18

Folks who own shares in companies that repeatedly lie via RNS are clearly morons. And as Gary highlighted earlier, Iconic (ICON) is just drowning in red flags.But still its investors continue to demonstrate on twitter just how thick as pigshit they really are as I showed yesterday HERE and HERE. Now for another dose....

ARTICLE

Iconic Labs leaves too many unanswered questions to make it investable

2019-09-15 09:17:55

All small companies need cash and ideally that will be spent on adding value to the business rather than just to cover its running costs.

ARTICLE

The most moronic of the morons - cites Cloudtag as a reason to buy Iconic

2019-09-14 09:26:46

I despair at the stupidity of some investors. I detailed earlier a series of threatening and frankly idiotic tweets from Iconic (ICON) shareholders to me encouraging me to stop doing my job, with threats and abuse. But one moron stands out for his stupidity.

ARTICLE

Iconic shareholders are morons: see you in Court Bitchez

2019-09-14 09:22:45

Anyone who owns shares in a company that tells demonstrable porkies, via RNS, is by definition a moron. And, after events this week, that clearly includes shareholders in Iconic Labs (ICON). But they do not like the demonstrable falings of Iconic being pointed out to them and a small band of lunatics have taken to twitter to attack me.

ARTICLE

Iconic Labs goes 50 shades of gay in duff deal of the week/month/year

2019-09-09 10:15:35

Iconic Labs (ICON) stinks for numerous reasons including those discussed HERE. No doubt I will be accused of homophobia but its latest deal, to buy the IP of Gay Star News, including the website www.gaystarnews.com, a website focused on events related to and concerning the global LGBTI community for just £1 is a joke.

NEWSFLOW ARTICLE

Iconic Labs death spiral financing won't work out well for existing investors

2019-08-18 11:55:24

It never ceases to amaze me how willing many private investors are to forget past failures and accept that a complete change of direction in a business is suddenly going to bring success.

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