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Worthless Iconic Labs – Toxic Dave Sefton’s latest deal, a bent money go round

By Tom Winnifrith | Thursday 9 July 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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.

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