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Saturday, December 3, 2022

Icon Media Holdings (OTCMKTS: ICNM) Steady Rise as Powerful RM Specialist Helps Co Acquire Reverse Merger Candidate in Metaverse and NFT Space

Icon Media Holdings (OTCMKTS: ICNM) has been rising steadily in recent trading on accelerating volume after the Company has gone pink current and is now a Frank Igwealor custodianship/SPAC RM deal. The stock has quickly gained the attention of investors and is emerging as a volume leader in small caps. Investors are looking for a break over February’s highs of $0.0055; a break over and its blue skies ahead for ICNM. 

Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. ICNM is a perfect merger candidate “pink current” with $0 debt on the books and trading at a $12.7 million total market valuation. The Company recently updates its profile stating “The Company is pivoting its business model and seeks to acquire or merge into operating businesses and assets in Blockchain, Crypto, Metaverse and NFTs multimedia industry. The whole deal is being shepherded by custodianship/SPAC RM deal specialist Frank Igwealor who has successfully shepherded many RMs in recent months. ICNM has liquidity, upward momentum and a fast-growing shareholder base bidding the stock higher. 

Icon Media Holdings (OTCMKTS: ICNM) operating out of Torrance, CA is a diversified global technology company. The Company’s wireless infrastructure services business used to provide small cell, distributed antenna systems (DAS) and Wi-Fi technical consulting, design and implementation services. Our customer base is the wireless industry and enterprise clients. The Company is pivoting its business model and seeks to acquire or merge into operating businesses and assets in Blockchain, Crypto, Metaverse and NFTs multimedia industry. 

ICNM is an early adopter of the Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. The Metaverse represents the convergence of the physical and digital worlds and the next stage in the evolution of the internet, e-commerce, social networks, and digital communities. This market presents a unique opportunity for a rare set of early adopters that have the capabilities to capitalize on these new revenue streams.  Management believes AXXA is well-positioned through leverage of Exxe’s success in physical M&A and business management, along with its digital strategy which already encompasses core tenets of the Metaverse. Thus, Exxe’s initiative sets the stage for broad participation in the growth of the Metaverse ecosystem.  

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The Company is led by CEO Frank Igwealor; a CPA-JD-MBA professional with vast experience and expertise in areas of (1) Capital Management, Business-Management, Turnarounds/ Rationalization, Risk-Management, Finance, Accounting, Cost/Organizational/Operational-efficiencies, Tax-Planning, and Financial/Tax-Audits; (2) Business-law, Real Estate, Corporate Restructuring, and Mergers & Acquisitions; (3) Investment Management, Fund Management, Fund Administration, and Regulatory Compliance; (4) Start-up, Entrepreneurship, Small-business Management, and Micro-enterprise Lending; and (5) Nonprofit Management, Social-impact Investments, Tax-credit Origination and Compliance, Fundraising, and Corporate governance. Frank holds various professional licenses and designations including as (a) FINRA Series 65 Registered Investment Advisor Rep; (b) California Certified Public Accountant (CPA); (c) Certified Management Accountant (CMA); and (d) Certified Financial Manager (CFM). CA Licensed Real Estate Broker (#01492269) and Loan Officer (NMLS #350878). Over the years, Frank has held various positions of responsibilities and excelled at leading change, stabilizing chaotic situations, transforming non-performing programs or businesses, and propelling the organizations into stratospheric growth in assets and profitability.  

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ICNM has been rising steadily in recent trading on accelerating volume after the Company has gone pink current and is now a Frank Igwealor custodianship/SPAC RM deal. The stock has quickly gained the attention of investors and is emerging as a volume leader in small caps. Investors are looking for a break over February’s highs of $0.0055; a break over and its blue skies ahead for ICNM. Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. ICNM is a perfect merger candidate “pink current” with $0 debt on the books and trading at a $12.7 million total market valuation. The Company recently updates its profile stating “The Company is pivoting its business model and seeks to acquire or merge into operating businesses and assets in Blockchain, Crypto, Metaverse and NFTs multimedia industry. The whole deal is being shepherded by custodianship/SPAC RM deal specialist Frank Igwealor who has successfully shepherded many RMs in recent months. ICNM has liquidity, upward momentum and a fast-growing shareholder base bidding the stock higher. We will be updating on ICNM when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ICNM.

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Disclosure: we hold no position in ICNM either long or short and we have not been compensated for this article.

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