OTT

1178 days ago

Iconic Labs – just how chasmous is the balance sheet hole?

Following Iconic (ICON), revealing that it was subject to an alleged claim by European High Growth Opportunities Securitization Fund, EGHOF, the subsequent criticism by OTT Holdings Limited and the Director’s weak response since the share price of Iconic fell by around 50% from 0.012 pence on 13 January to a new low bid price of 0.006 pence. The stock has since rallied by 23% but is this a dead cat bounce?

1183 days ago

Iconic Labs – how big is the EGHOS debt dispute and why was OTT Holdings kept in the dark?

Cash guzzling POS Iconic (ICON) faces a 15% shareholder wishing to oust the board, OTT, and a legal claim from death spiral provider European High Growth Opportunities Securitization Fund, EGHOF, which it airily dismisses as baseless. It is wrong to do so and here is why.

1187 days ago

Iconic – Tries to rebuff OTT but its RNS does not wash, it is another reason to sack the board

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?