142 days ago
Shareholders in Iconic Labs (ICON) and Anglo African Oil & Gas (AAOG) both suffered massive losses due to the poor management of their respective business by Toxic David Sefton. I can report that Toxic Dave’s reverse Midas touch remains.
254 days ago
Since I last wrote about Iconic (ICON) it has had a further two convertible loan note conversions, one from Toxic Dave Sefton’s Linton Capital and one from European High Growth Opportunities Securitization Fund. Iconic now has 10.3 million shares in issue up from 4.7 million that remained after its 10,000 for 1 share consolidation on 25 August 2023.
279 days ago
In Friday’s RNS Toxic Dave Sefton’s Linton Capital announced it had converted a further £10,000 of convertible loan note into Iconic (ICON) shares on 16 November, a week after his first conversion on 9 November.
288 days ago
In today’s RNS, Iconic (ICON) announced that it was notified that Linton Capital LLP which is owned by Toxic Dave Sefton who caused so much historic damage to Iconic shareholders converted £5,000 of his £750,000 convertible loans notes into 108,849 ordinary shares an effective conversion price of 4.6 pence per share versus the current ask price of 6.0 pence. The conversion didn’t raise any cash for Iconic it just reduced its convertible loan note liability.
784 days ago
Oh dear, oh dear, the much anticipated report from RPS Energy is a damp squib at best, a shocker at worst and one which begs numerous questions for the journalist smeatring troll of a CEO David Bramhill, not least one about a clear funding gap and others about fracking which is sure to enrage the locals up in the East Riding of Yorkshire. With help from the UK’s greatest living chain smoker I ask a few questions and leave you to draw your own conclusions. My own conclusion is that Bramhill remains toxic and at 30.25p a £34 million market cap is wholly unjustified for Union Jack Oil (UJO). So the points that scream out from the report:
822 days ago
I haven’t written about Iconic (ICON) since 10 January 2022 when I wrote “Still on life support, toxic Dave Sefton will, shockingly, get away with everything”. Well, based on the following statement published by the Administrators yesterday that appears to be the case:
1044 days ago
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.
1047 days ago
Tom Winnifrith, bearcast, bitcoin, Argo Blockchain, ARB, SOS, Sosandar, toxic, Union Jack Oil, UJO, Vast Resources, VAST, Eurasia Mining, EUA
1072 days ago
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.
1073 days ago
I comment on day three of the Greek Hovel olive harvest, a good day but a long one. But I start with Peter Brailey’s piece on Union Jack Oil (UJO) and explain why the company is now possibly the most toxic on AIM. I then look, en passant, at Amala Foods (DISH) and in detail at Tern (TERN) and Argo Blockchain (ARB).
1091 days ago
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.
1096 days ago
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.
1124 days ago
Iconic (ICON) shares have been suspended since 7 June 2021 due to the appointment of administrators by Toxic Dave Sefton on 4 June 2021. The joint administrators have tried to hold a general meeting four times but each they have been adjourned with the latest adjournment being until 19 October 2021. There has been no announcement since that date.
1183 days ago
Has toxic David Sefton pulled off a £1 million heist at Iconic (ICON) which will see investors utterly screwed. After an RNS yesterday, I fear the worst.
1194 days ago
Iconic (ICON) has had administrators appointed to it since 4 June at the hand of Toxic Dave Sefton and company and trading in its shares has been suspended since 7 June. On 12 August, the Administrators made the following announcement in an RNS:
1231 days ago
Iconic (ICON) has had administrators appointed to it since 4 June at the hand of Toxic Dave and company’s shares have been suspended since 7 June.
1250 days ago
In my article of 5 June 2021, I made the assumption (like many others) that it was Shard Capital (which is the only listed secured creditor at Companies House) who had appointed administrators at Iconic (ICON). I apologise to Shard because it was, as newly filed documents at Companies House reveal, Arch Capital Partners LLP who appointed the administrators. If you look at the filings for Arch Capital at Companies House, you find that its two members are David Sefton and Sefton Management Limited.
1269 days ago
As I have noted many times, following the “disappearance” of the eight contracts Verditek (VDTK) used to ramp the shares ahead of its last bailout placing, it is a company without revenue and now, once again, almost out of cash. And this it seems that equity investors have had enough and so the company has resorted to even dimmer and more credulous punters from the crowdfunding community. I have no idea what Tory Toff Lord Willetts is smoking other than a last cigar marked desperation but this makes no sense.
1298 days ago
Today, the oil company that toxic David 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?
1319 days ago
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.
1358 days ago
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.
1365 days ago
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.
1374 days ago
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…
1389 days ago
It is only a matter of time before Iconic (ICON) is put into administration and I shall then be one upstanding citizen who contacts the administrator about the conduct of the Good Germans, the three directors who quit on Monday, as well as former chairman and then shadow director toxic Dave Sefton whose private companies have grown rapidly using Iconic’s cash. But I shall not be alone. Death spiral provider EHGOF claims it is owed cash by Iconic and has launched the most explicit broadside at toxic Dave and the Good Germans (John Quinlan, Liam Harrington and Sam Asante) with specific, shocking allegations, and making clear threats.
1407 days ago
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.
1414 days ago
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.
1445 days ago
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.
1501 days ago
On 30 September 2020, Iconic Labs (ICON) announced a Partnership with leading Ad-tech tech provider with the first paragraph stating “Iconic Labs Plc (LSE:ICON), a multidivisional new media and technology business, today announces that after a successful trial Iconic Labs has signed a commercial partnership agreement with Glimpse Protocol, a leading provider of advanced technologies to Ad-tech.”
1537 days ago
Linton Capital LLP, an investment company run by Toxic Dave Sefton, has been busy putting in place the arrangements to buy the Joe Media businesses in the UK – even though Joe Media may, as I exposed a day or so ago, be going seriously off the rails. A recently filed security agreement now to be found at Companies House dated 9 July 2020, indicates that Toxic Dave, Linton Capital LLP and Greencastle MM Limited have entered into an agreement with BPC Ireland Designated Activity Company not to exceed £3,787,000 and any interest due and payable.
1542 days ago
No news is bad news and here is why Iconic (ICON) seems to be sitting on bags of bad news. Will this company, still being run as a shadow director, by toxic David Sefton come clean? This is what it needs to clarify…
1619 days ago
Everything about Iconic labs (ICON) is toxic as we have exposed so many times HERE. Not least is the way it happily deceives investors. This worthless lie generating POS should be slung off the markets at once. In order to keep its death spiral funding going Iconic likes to trumpet new deals but is a shy in highlighting that they did not in fact occur. For instance take the Social Alchemist and Medium Channel Media deals that were announced.
1621 days ago
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.:
1681 days ago
It was just three months ago that we warned repeatedly that Anglo African Oil & Gas (AAOG) should not proceed with the offer from AIM uber dog Zenith Energy (ZEN) and instead refinancing proposed by Richard Jennings. Inept Chairperson Sarah (Can’t) Cope ignored our advice which would have seen past dealings by her pal toxic David Sefton opened up to public scrutiny and bullied through the deal. Today her folly has been revealed in full and this company is surely toast.
1791 days ago
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).
1805 days ago
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.
1805 days ago
Shares in Anglo African Oil & Gas (AAOG) were 16p a year ago and are now 0.6p ( and overvalued at that). The main blame for this debacle must lie with disgraced bosses James Berwick (“resigned” today) and toxic David Sefton. But of you seek other culprits on the pay roll….
1805 days ago
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.
1806 days ago
Oh dear, oh dear! There is so much bad news to bury on election day for pariah stock Anglo African Oil & Gas (AAOG), a company we have exposed so many times on this website. Let us start with its former boss, toxic Dave Sefton who is not a man of his word.
1816 days ago
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.
1849 days ago
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.
1896 days ago
There is some macro babble focussing on the woes of the EuroZone, why Malcolm is wrong about housebuilders and other matters. I look at Woodford Patient Capital Trust (WPCT) after yesterday evening’s shock news and ask when it breaches gearing limits and what happens next. I touch on i3 Energy (i3E) then look at the shock departure of Dave Sefton from Anglo African Oil & Gas (AAOG). He should have been fired sooner and what happens next? And what does this mean for Iconic (ICON) which I mistakenly refer to by its former name of Widecells and where Sefton still casts his malign influence as a director.
1923 days ago
In today’s podcast I start with how Roger Lawson wants laws changed that will shut ShareProphets down and is using Burford (BUR) as his pretext. I look at how the AIM demise of Avanti (AVN) shows how wrong Lawson is and at lessons we can all learn. I cover Providence Resources (PVR) and its dirtbag fat cat boss Tony O’Reilly Jnr, at Cabot Energy (TOAST), Mysale (MYSL) – another mark of shame for Burford’s Nomad Macquarie and for Sir Philip Green – and at IMC Exploration (IMC) which is toxic.
1958 days ago
There is a new RNS out today which begs massive questions which the company refuses to answer. And there is still the matter of the placing at 5.2p and more questions about whether Anglo African Oil & Gas (AAOG) will get that away in light of what it claimed on Friday. This stock is now utterly toxic and uninvestable at 4p. Enjoy.
1965 days ago
In today’s bearcast I look at more toxic behaviour at Anglo African Oil & Gas (AAOG), at TrakM8 (TRAK), Bluejay (JAY) and there is more on Woodford Patient Capital Trust (WPCT) and the, slowly detonating, nuclear grenade that is Proton Partners (PPI). I also look at (bad) news from Asos (ASC) and Sosandar (SOS) and wonder if there is something happening in online shopping that we have missed.
2022 days ago
Thanks largely to the work on this website, the ludicrous proposal to reverse drowning in debt POS Atlantic Carbon into worthless Daniel Stewart Securities ahead of a Standard List came a cropper in early April as noted HERE. But the curse of doing business with Daniel Stewart and its toxic boss Peter Shea is now becoming clear for all to see.
2173 days ago
I deal with the critics in turn. The former, a Christian, has me wrong, the latter, a knobhead, is an apologist for enablers of crime. I then look in detail at Purplebricks (PURP) and is inevitable descent to zero, and at the implications of the sad tale of African Battery Metals (ABM). Then it is onto Bonmarche (BON) blaming Brexit for its woes not the crass stupidity of the bird who runs this business of the wider macro picture which she fails to recognise could sink her business completely. I also comment on BCA Marketplace (BCA) and on the pre-Christmas plans of Joshua and myself for today, far more important than this stockmarket malarky.
2215 days ago
You will no doubt remember that as well as facing two legal cases either of which could strip it of all of its assets (having caved on a third) Frontera Resources (FRR) is completely out of cash, burning cash and drowning in debt and thus is trying to ramp its shares however it can to get a bailout rescue placing away. So welcome to the tale of two spoofs orchestrated by disgraced dirty tricks PR specialist Tim Thompson of morally bankrupt & intellectually challenged fucktards Yellow Jersey and egged on by the whore blogger Malcolm “fat bastard” Graham Wood.
2218 days ago
Oh dear. Oh dear. With the disgraced and widely reviled dirty tricks specialist Tim Thompson running its PR Frontera (FRR) was always going to play fast and loose with the rules of the AIM casino as it tried to ramp its shares ahead of yet another bailout placing. Today it announces a MOU which is really nothing of the sort and exposes this promote for the crock of shit that it is. Even the dullards on the LSE Asylum must now start to realise that they have been had.
Frontera had announced that it was having “discussions with industry majors.” Encouraged by the silky words of the paid ramper, the whore blogger Malcolm Graham Wood, toxic Tim Thompson and others the LSE Asylum dwellers speculated about big farm in deals with BP and others. Telephone number sums were discussed in a wankfest of the mentally inadequate.
2343 days ago
I note that Julie Meyer is still keen to tout herself as a guest speaker as you can see below. But she now appears keen to distance herself from the Ariadne name, something she has been pushing for a decade and a half. Does she think Ariadne has toxic associations? She now links herself to her private company Viva Capital - the one that has not filed accounts for 2016, 17 and 18 and whose last accounts were clearly bogus but showed cash of nil. Whatever...
3062 days ago
The Sad Truth: Theresa May is bad, but the others are worse is the headline in the main opinion article in yesterday's Guardian. Author Rafael Behr urges Tory members to vote for May. His qualification for offering such advice is that he is a screaming lefty. A cat offers mice advice on personal safety. Behr is a star of the Guradin in that he is not only wrong on most issues, deriving his conclusions from prejudice as opposed to fact, but he is also a pretentious twat to boot. Thus he starts his piece on why Tories should vote for May on Europe, a subject where May disagrees with the vast majority of Tory party members and voters and 52% of the wider electorate
"Imagine
3203 days ago
All my family bar step sister Flea work in the public sector and so today at a great family gathering I shall have to listen to folks on 38 hour weeks earning silly salaries bleat on about how stressed they all are and about the wicked Tories. Saints preserve me, it will be grim. Away from discussing the horror that awaits me I look at the toxic nature of debt, market crashes and investor denial.
3207 days ago
I start with an analysis of how David Lenigas and his gophers Hamish Harris and Donnie Strang have managed to spunk £1.4 million of the £1.55 million they had to play with at Polemos (PLMO) in three and a bit years and why after today's placing this is still a POS with the toxix Jabba The Hutt odour all around it. Then it is onto LGO Energy (TOAST) and its latest disaster. Then I move onto Leed Resources (LDP), Motive TV (MTV), Golden Saint Resources (GSR) and Canaccord (CF). One suspects the great analyst Saint Kevin of Ashton loved its disastrous numbers today as the banksters had a hot date with karma. This podcast contains strong language. Lenigas is one four letter word but there are many others.
3253 days ago
The biggest problem that LGO Energy (LGO) faces, other than still not fessing up fully to misleading investors (Leni-lying-gate) and hurtling towards administration unless it can secure a bailout placing and an oil price which is so low that it can't generate cash and having fields which suffer such sharp declines in output that they make no sense, is the association with toxic Aussie share ramper David Lenigas. It tried to distance itsself from Jabba The Hutt by changing its name from Leni Gas & Oil..but er...
3253 days ago
Libertarian Mark Littlewood of the IEA is a Question Time Regular and came along to Gold & Bears to give a compelling presentation on the mess we are all in. Debt is toxic and the answer is not more tax but less.
