Thursday, June 30, 2016 2:06:10 PM
http://ih.advfn.com/p.php?pid=nmona&article=71038313
ICLD management neglected to mention the rapidly increasing losses in its March 30 PR.....and the huge losses aren't disclosed until June 17th when ICLD's finally filed its months late 10-K, where I noticed the huge increase in Net Losses year over year. The Net Losses are growing very fast.....
2014 Net Loss = ($18,818,000)
2015 Net Loss = ($65,659,000)
It's just terrible that ICLD management intentionally omitted mentioning ICLD's huge losses in its Financial Press Release. Losses this big are not sustainable. Something is gonna snap with this broken business model run by a deceitful management team. Deception SCAM.
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