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Iconic Labs and the ongoing downfall of toxic Dave Sefton

By Tom Winnifrith | Wednesday 5 May 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.

Today, the oil company that toxic Dave 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?

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