Feb 4, 2021

Directors at Lesbian Dating App Group Iconic Accused of Jumping Ship and Leaving Creditors in the Lurch STANDARD.CO.UK - Feb 3 - Directors skipped to firm run by former CEO after their Iconic group borrowed £1M for it. The directors of Iconic, a media firm behind youth sites and the lesbian dating app HER , were accused of jumping ship to an associated company, leaving shareholders and creditors out of pocket. Investment fund EHGO today called for them to answer for their actions to UK regulators or a court of law. The row is over a loan EHGO made to Iconic Labs, which it then lent on to a third company set up by Iconic's controversial former boss David Sefton . The loan was made so Sefton's business could buy a firm called JOE Media , which Iconic would then run under contract. Sefton's firm has ended up with the magazine and the management team while the loan that paid for it remains with Iconic. Iconic's shares are now effectively worthless, leaving EHGO worrying about getting its money back.