Iconic (ICON) shares have been suspended since 7 June 2021 due to the appointment of joint administrators by Toxic Dave Sefton on 4 June 2021 via his company Arch Capital Partners LLP which purchased debts and claims from Shard Capital.
I start with the covid tests, the Mrs and I having just taken one for 50 euros each here in Greece. sadly we both passed so will head back to Wales on Monday where our test, in Wales, will cost more than 100 Euro. I explain why we in the UK are being so utterly scammed for these pointless tests as I start a three part series on my own site on covid lunacy in this part of Greece HERE. Then I flag up a good bit of what is in tomorrow’s new shocking Zoetic (ZOE) dossier which will again place the company in the threat of severe US regulatory peril even after it covered up all the breaches I exposed last time! Finally, I discuss Iconic (ICON) and why i want it to go bust - it is the only way that a member of the Tory chumocracy – toxic David Sefton – will get his just desserts.
The current fashion for retail investors to back any old company that claims to be active in the UK intermittent generation market continues. Dukemount Capital (DKE) has been brought to my attention as one of the latest to attempt to tap into the retail enthusiasm for anything power and green related. Unfortunately this one does not pass my test as a worthwhile investment on so many levels.
In today’s podcast, I start with a few thoughts on the finances of retirement, then the G7 tax ruling and what it means for the future of God’s chosen lands of Northern Ireland. And then there is the demise of Iconic (ICON): why I welcome it, what it tells us about investor behaviour and why it is yet another fail for the woke dullards at the FCA.
I start on the usual subject. Please do donate HERE. Then I discuss a bull market and the bezzle and recent deals that are simply corrupt or wrong or deceptive. The case studies are Live Company (LVCG), Iconic (ICON) and Powerhouse (PHE). Anyone spending 20 minutes on the internet can see for themselves. Only in a raging bull market could folks think they would get away with such nonsense. I comment on the crisis at Bidstack (BIDS) and then analyse today’s trading statement from ADVFN (AFN) and what it means for the battle for the board.
This looks like such a blatant con that even the woke dullards at the FCA who regulate (no sniggering at the back please) the Standard List must be alert to it. Iconic Labs (ICON) which has massive negative net current assets and no cash has signed non binding terms to take a controlling stake in Sting Industries Ltd. Okay so what’s the con? CEO Brad Taylor – who has worked with OTT “for many years“ – says his company:
Today, the oil company that toxic Dave Sefton ramped, raised funds for, did undeclared related party deals with and still owes cash to, Anglo African Oil & Gas (AAOG), was thrown off AIM as a near bankrupt shell. Last Friday, it was the turn of the other company he destroyed with related party deals, Iconic (ICON), to have news and it all reads badly for Dave. I wonder how Dave’s business partner, the Tory, Damian Collins MP feels about this. More sleaze vicar?
Iconic (ICON) is a Standard Listed company so unlike AIM listed companies which have to comply with AIM rule 26 to maintain an up-to-date company information website, many of the details on Iconic’s corporate website are shockingly out of date. In fact, if there is a prize for the most inaccurate PLC website, I nominate this one. Just for starters:
I look at my coffee cup and – as the Iron lady would – I despair at the world of today. I then consider events and the valuation of Iconic (ICON), Argo Blockchain (ARB) where share dumping directors had no idea a placing was imminent – and the fraud Zoetic International (ZOE). I hope I pleased Matthew and his dog today, if you enjoyed the podcast you know what to do HERE
It is beer and popcorn time at Standard Listed Iconic (ICON) as former boss toxic Dave Sefton, for years a blot on the UK smaller company scene, and the patsy Good German directors John Quinlan, Liam Harrington and Samuel Regan Asante now face retribution from the new bosses. Bring it on. Sefton needs expunging from the quoted companies world once and for all and to hand back his illicit winnings.
Since I last wrote about Iconic (ICON), it is undergoing some rapid changes with the departure of Sarah Dees and Stephen Birrell who stepped into the breach when the three previous executive Directors left and went to work for Toxic Dave Sefton.
A few words on the Budget then is Peterhouse staffed by woke loons or alt right freaks or both? I discuss in relation to Mountfield (MOGP). I look at Marchale (MAC), Iconic (ICON), Optibiotix (OPTI) and Skinbiotherapeutics (SBTX).
This all looks fishier than a case of seven week old kippers left in the sun. You will remember that on 1 February 2021 the three patsy directors of Iconic (ICON), who were paid two hundred grand a year each to do the bidding of toxic Dave Sefton, quit before they were pushed and that day signed new contracts to work direct for toxic Dave’s Greencastle. Greencastle owned assets thanks to deals funded by Iconic in return for Iconic getting a management contract but that contract was also terminated on February 1. That should be a hanging offence but it gets worse.
It seems someone pulled the video of an angry Iconic (ICON) shareholder challenging toxic Dave Sefton to a charity boxing match. I can’t think which low grade scumbag would want his reputation protecting with that attack on free speech. Maybe toxic Dave has hired the fraudster’s PR of choice, Henry Harrison-Topham, of Buchanan to do his PR. Anyhow, our pal is back and his new target is Lyin’ Steve Sanderson of UK Oil & Gas (UKOG). Enjoy before this video is also taken down.
Toxic David Sefton of Anglo African Oil & Gas (AAOG) and Iconic (ICON) infamy has cost mug punters, who ignored my numerous warnings, a fortune. And it seems as if some of them are rather angry. The chap in the video below uses language which makes even me blush but he offers a challenge to Dave which would raise £10,000 for charity and, once social distancing rules are relaxed, would be greatly enjoyed by many folks. So come on Dave, say you will do it…
Just for fun and to annoy the sort of pond life who take such pleasure in trolling me, here is a reader poll with a deadline to vote of midnight tonight 17th February. Which of the following companies will either declare bankruptcy or see its shares slung off the market for good first?:
I start with the news that we are backing Harcus Parker to get cash back for victims of Neil Woodford. Then I look at Versarien (VRS) and its new improved face nappy, at Iconic (ICON) and the madness at NightCap (NGHT) – since when is one rented London bar ( currently shut) worth £4 million? Then San Leon Energy (SLE), en passant, there is a detailed look at Symphony Environmental (SYM).
I start with today’s news from Wishbone Gold (WSBN). Despite the appointment of THIS MAN, I remain a loyal shareholder but the appointment is wrong. I can’t show a double standard here. I then look at market madness with reference to Iconic (ICON), Zoetic (ZOE), Versarien (VRS) & Eden Research (EDEN) while also discussing bottom fishing in retail after the bid interest at French Connection (FCCN).
In today’s podcast, I look at Iconic (ICON), Eden Research (EDEN), Supply@ME Capital (SYME) and Zoetic (ZOE). I also look at macro madness in UK short caps and look at what happened in 2001 and 1721, both of which were very similar to today.
This is Nigel Somerville’s phrase. I should stress that the two don’t mix but it will be used by Supply@ME Capital (SYME) owning morons as evidence that I am a drunk. Hmmmmmmmm on about 2 units a week, methinks not. I discuss the Supply fraud and what the company’s, honourable and truthful, PR man is telling the morons. And what they should take from it. I look at the silver spike and advise you what Lucian has done in response. I look at reasons for ouzo on cornflakes: Bidstack (BIDS), Remote Monitored Systems (RMS) and Iconic (ICON). I look at a personal winner AEX Gold (AEXG) which is very cheap and at new bad events at my baddest tip of the year Asiamet (ARS) for which I apologise.
The most read non-Tom article this week is Ariana Resources – FY gold production numbers & “exciting” copper-gold potential… by Nigel Somerville at number three, or number eleven including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
Today’s podcast is late for reasons I explain. Sorry. I discuss Xtract Resources (XTR), Asiamet (ARS), Iconic (ICON) and Remote Monitored Systems (RMS).
Iconic (ICON) has today issued a statement trying to rebuff the demands of 15% shareholder OTT to sack the board. It is a truly dismal statement which, if anything, adds to the case for backing OTT. I wonder which cretin put this cobblers together?
I start with yesterday’s Albanian lecture in honour of my late father. Then it is onto Colin Bird and Jubilee Metals (JLP), Rio Ferdinand and the Gym Group (GYM) and Toxic Dave Sefton and Iconic (ICON) in the wake of Nigel’s bombshell from earlier. One of the three is a bit of a hero and, to give you a clue neither Bird or toxic Dave ever played for West Ham. But would you want any of the three on the board of a company in which you are invested. I discuss all three situations in detail.
I start with the manic activity round at the Welsh Hovel, photos HERE. Then I look at Iconic (ICON), Toople (TOOP), Xaar (XAR) and at Powerhouse Energy (PHE). So much coke and hookers money for all the City boys, but it will end in tears and a diet of cabbage soup for the mug punters.
Today’s expose of Iconic (ICON) is shocking and shows that Dave Sefton is again getting shareholders in a PLC to takle the equity risk for his private ventures. I explain the pattern and what Damon Heath at Shard Capital needs to do about this on Monday. This has got to stop now. Then I look at the religious cult members Evil is tackling with his Tesla short and how it will play out. I start with my act of lockdown defiance today which has confifrmed to daughter Olaf what a boring old man I have become.
The progress report of the administrator of Joe Media Limited filed in December (“the UK arm of Joe Media”) at Companies House provides some insight into trading at Joe Media’s UK operations in the period of trading under administration which was impacted by government response to Coronavirus.
No Advent calendar news today as I had to rush Joshua to his Nursery ahead of his Carol service. And, as I explain, it was the sort of event where you as a parent just want to hug your child. Then it is onto Anglesey Mining (AYM), those A Grade knaves at Iconic (ICON) and a detailed look at the ramptastic news from cash strapped Corero (CNS) and my analysis of why it is a) overvalued and b) going to run out of other folks’ money (again) in Q2 2021.
Worthless Standard listed POS, Iconic (ICON), issued its final results for the year ended 30 June 2020 and they were dire. Truly dire. Unbelievably dire. And this comes after ramptastic RNS after ramptastic RNS penned by toxic Dave Sefton et al saying how well things were going.
I have today been quite busy on family matters, see HERE, which I find fascinating. I appreciate others may not! In the podcast I look at the general market meldown in the face of the Government going economy wrecking bonkers over Covid. I look at Supply@ME Capital (SYME) and Avant Garde, Verditek (VDTK) and its idiot investors, Big Dish (DISH), Trainline (TRN), Bidstack (BIDS) FinnCap (FCAP) and a cracking trading statement but questionable morals and Iconic (ICON) and the perils of the sub Standard List.
Well actually I start with the curtain twitchers on the facebook page of the small village where I live in Wales. Boy have they excelled themselves today. What a crazy world we live in. Then it is on to Iconic (ICON) where today’s news should see the board in jail. Then Supply@ME Capital (SYME), a good section on Verditek (VDTK), and finally a detailed appraisal of Caspian Sunrise (CASP) after its interims. On reflection, I lied to you. This is not a podcast about three stocks worth zero. It is about four stocks worth zero.
Ouch! I do hope that the morons who have piled into worthless, cash-guzzling, POS Iconic (ICON) in recent days had lubed up properly for this morning for they were shafted completely. The shares have slumped by 47% to 0.01325p having also dumped yesterday. Now we know why and it is horrific.
I apologise for the sound quality; I have rerecorded and V2 is far better. I am shitting myself… not! In today’s bearcast, I reveal why evil short-sellers (well Lucian, anyway) want Donald Trump to lose and then look at Red Rock Resources (RRR), Vela (VELA), Iconic (ICON), and Verditek (VDTK) which is where the old Bill come in. Or rather don’t.
There are breaches of TR1 rules and a lack of transparency on Versarien’s (VRS) cash position. We need clarity, and that clarity will demonstrate why the £5 million UK taxpayer loan is 100% illegal. I move from one dog to two others: Iconic (ICON) and Supply@ME Capital (SYME) before offering some price targets on Ariana (AAU) where I am a very happy shareholder.
Yesterday, Iconic (ICON) announced a “New management services contract with JOE Media Business generating revenues of at least £50,000 a month. Intention to look at conventional financing options to replace current facility.” This is a total con with those revenues effectively coming from its own money. Its a swizz. Let me explain.
I hope that you appreciate the musical headline. In today's podcast I look at Boohoo (BOO), the utterly ludicrous spoof from toxic Dave Sefton and Iconic (ICON), Natasha Toy (a Good German), Kevin Engel, Grant Thornton and the FRC and I comment on $1800 gold. In that vein with the sector set to catch fire, buy your £2.99 ticket for Mineprophets now HERE..
I start with the latest statue pulldown, Frederick Douglas, and what it says about the insanity of 2020. I then move onto Peter Brailey and the P45, re Rock Rose Energy (RRE), Supply@ME Capital (SYME), Iconic (ICON), Boohoo (BOO) and Big Dish (DISH). Tomorrow I record the first video for MineProphets, remember to book your seat HERE.
Thanks to all of you who have written to your MP about the soft and, we think, illegal soft taxpayer loan to Versarien (VRS). I have an update on where at least one MP has taken it but urge you all to drop an email now using the template HERE. I also comment on my own mortality, prompted by the MCC, Big Sofa (BST), Victoria Oil & Gas (VOG), Iconic (ICON), Greatland Gold (GGP) and urge you to book your seat for July 18 and MineProphets HERE
If only to protect themselves folks at Turner Pope and Shard Capital need to take urgent action. There is clear insider dealing and crime evident at Tomco (TOM) as more than 100% of the issued share capital looks set to change hands today. At Iconic (ICON) I detail lie, after lie after pointless fecking lie relating to an RNS of 12 September 2019 - will my pal Damon Heath do the decent thing and pull the plug?
In a series of articles running for almost a year I have highlighted a sea of red flags concerning uber-dog Iconic (ICON). Yesterday Iconic announced that it “supports Greencastle Capital bid for Joe Media and discussions on management contract”. The rest of the announcement below provided some more background as follows but trhere were a few, explosive, details Iconic neglected to mention.:
I have already shown that there are more red flags at uber dog Iconic (ICON) than in Moscow on May Day. But after taking a further review of the Prospectus issued on 25 March 2020 and recent RNS announcements I note four more for the collection. Whatever is Tory MP Damian Collins doing getting mixed up in this shit show?.
I start with one of Darren's long reads which offers a post Covid plan for the restaurant sector. The author obviously has not got a clue about what being an entrepreneur means and about how business works. But this sort of nonsense is mainstream. In a similar vein I discuss board room greed and stupidity at Lloyds (LLOY) before moving onto how you deal with serial failures & pigs, reference the main troughers at Iconic (ICON). I start with a row with my neighbout who thinks my Woodlarks training threatens her social distancing and will see her dog kidnapped. I despair. I shall be walking past her house 7 times this afternoon. As you consider that treat please donate to rogue bloggers now as we reach 29% of target. Please give HERE
I start with an admission that I am a total git. The ShareProphets Shares Conference is on 9 May (Saturday) not 8th as I had suggested. I am a git. I apologise. Please book your tickets now HERE. Then I deal with Falanx (FLX), the bearded millionaire tosser Branson trying to have it both ways, Iconic (ICON), Catenae (CTEA), my pension fund where I am si grateful to James Hay for being so useless, negative oil prices and which companies other than Nostra Terra (NTOG) will go bust and the laughable ramp at Chesterfield Resources (CHF).
I start with the arrival of 20 fruit trees at the Welsh Hovel then look at the economic hit of the Government's Coronavirus policy and ask if it was really worth it? Then I do the work on the RNS statements issued by Ascent Resources (AST) and Iconic (ICON) that their advisers should have done but failed to do. Needless to say there are massive questions that need ansewering. Finally a look at the valuation of Novacyt (NCYT). I have seen this sort of thing before and it is bonkers.
In today's bearcast I look at Iconic (ICON) which really does not understand irony. Then at Purplebricks (PURP), self entitled snowflake young barristers, Hammerson (HMSO) and EasyJet (EZJ)
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.
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.
I start with an update on ADVFN's paedo guy, then it is onto the role of Nomads on the AIM Casino, what they are meant to do and the problems they face. I look at three Nomads and their clients: Lekoil (LEK), Versarien (VRS) and Anglo African Oil & Gas (AAOG) plus I discuss Tizania (TILS) and today's monster spoof from almost insolvent Iconic Labs (ICON).
Thanks to Winnileaks I think the position of one of the two is now utterly untanable. The other is sunk by his own RNS. In today;s podcast I look at Iconic (ICON), Anglo African Oil & Gas (AAOG), Big Dish (DISH) and Silence Therapeutics (SLN). I also look at the FCA fine handed out to Kevin Gorman and suggest that David "Sam" Hutchins formerly of Global Resources Investment Trust (GRIT) deserves the same treatment for the reasons I exposed earlier in the year.
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).
A day of triumph at the Welsh Hovel sees me discuss Sound Energy (SOU) whose hand I forced last night with this article, Bidstack (BIDS) which has finally come, partially, clean about the mess it is in and Iconic (ICON) which has yet to 'fess up to its woes but will do so soon. I also discuss one very good company, Optibiotix (OPTI)
Firstly, I am delighted to say that NoGold has been in touch about the £50 bet. Good man. Then I reflect on G3 Exploration (G3E) in light of Evil Banksta's excellent piece yesterday. It is now more than six years since I ignored a certain amount of pressure and published the Bloody Dossier HERE. Under the Roger Lawson rules I would not have published. I am, again, vindicated. I comment on Anglo African (AAOG) and will have more to follow on toxic David Sefton and Iconic (ICON) later. Today's news moves Lyin' James Draper of Bidstack (BIDS) one place up my target list. I look at Online Blockchain (OBC) in detail and also at Fulham Shore (FUL) where the numbers look all wrong and which is, I fear, an accident waiting to happen. The £65 million valuation is crackers.
In July of this year I forced Anglo African Oil & Gas (AAOG) to fess up to the fact that it had spunked £300,000 on due diligence on a deal it was not doing but which a company largely owned by and run by Anglo’s then boss toxic Dave Sefton and its CEO until today James Berwick was going ahead with. At that point the two men said if it completed the deal, Tunisian would repay the amount in full.
I reply to a listener who blames yesterday's lack of bearcast on my thoughts shifting away from Ms Cole to this young olive harvester - such a suggestion is almost defamatory. Then it is on to Dignity (DTY), St James Place (STJ) and - in some detail - the very naughty boys at Iconic (ICON), led by toxic Dave Sefton and why the two NEDS walked today.
I start with another moral question from the General Election - as I have already noted HERE - Labour thinks that our record number of abortions ( 206,000 last year) is not high enough, we must murder more babies. I then turn to the issue of lying asking if society now thinks it is just acceptable. That brings me neatly onto Iconic (ICON) and UK Oil & Gas (UKOG) both of which I discuss in detail.
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....
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.
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.