409 days ago
On the LSE Asylum, the Bulletin Board Morons are frothing with excitement about a potential reverse takeover of Iconic (ICON) involving Livento Group. Given that Iconic has no effective business any acquisition is likely to be a reverse takeover as indicated by Iconic in the RNS of 2 February 2023 below:
1164 days ago
That Path could not get FCA approval for a prospectus involving a deal with Zoetic International (ZOE) as emerged yesterday should confirm that the floor shitters are all over the fraud which has lied to its (very few) customers, to investors and to regulators and which is teetering on the verge of bankruptcy. I have today written to the FCA to raise new concerns as to whether Zoetic can remain listed without issuing a fresh prospectus, which it cannot afford. The detailed letter is below:
2818 days ago
Investment Case: The AIM admission of Concepta (CPT) a couple of weeks ago was through a reverse takeover of shellmeister (Adam Reynolds)-saved Frontier Resources International (FRI). We backed Reynolds when he became involved in Frontier, but despite his track-record, then was clearly somewhat speculative as we awaited a deal to be delivered. Now it has and it looks like Reynolds has delivered another promising one…