Iconic Labs – surely it is toast as the curse of toxic Dave Sefton strikes again
By Tom Winnifrith | Monday 1 February 2021
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.
This is becoming a new golden rule of investing. If Toxic Dave Sefton gets involved with a company, he will end up owing it stacks of cash after its resources were used to support his private interests, it will never get that cash back and it will be fucked. Investors will be almost entirely, at best, wiped out. First it was Anglo African Oil & Gas (AAOG) – where eventually I forced him out after shocking revelations on this website, today it is Iconic Labs (ICON) which has fallen victim to the curse of Sefton, here he was a shadow director pulling all the strings after my revelations forced him off the board.
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