Q2 earnings will not be out until August. That is a long time to wait. In the mean time, they will RS and dilute the sht out of this. They think they are smart, but the pps will just get pushed back down and the market cap will remain below $15M. They will never be able to uplist using the death spiral strategy. Best thing that could happen is a buyout for .04 - .06 ($20M-$30M).

Now we know why they dragged their feet with the ER. Cause it was lackluster. No progress on debt reduction and loss of revenue due to asset sales. It basically said they plan to dilute as soon as FINRA approves the RS. That's all Munro knows how to do. He is not a good CEO at at all! Oh, well. I had hopes for this co but no more.

If it doesn't happen on Monday, then it will be pushed to June. Not necessarily a bad thing if they release refinancing and / or asset sale news in the interim. I would think they want to get the ER asap out to build confidence in their recovery plan execution.

Do company's ever release ER during trading hours? I've never heard of that.

Looks like ER will be a Monday

Munro will pop open an can of whoop-ass for the shorts today!

Ok, I am changing my prediction to ER today AH or tomorrow before open based on today's trading action. Something is up!

ER will get this back to .06 ($30M market cap) assuming it is good. After that, only debt reduction news via asset sale or refi of toxic debt moves it higher IMO

The bank's requirements for debt refinancing are strong earnings and debt reductions. We already know they have reduced a $hit load of debt. If they can show strong earnings this will rock n roll!

Maybe ER was leaked and will be released this week? I hope my prediction for June is incorrect as long as they produce stellar results.

Whoever just bought 2.2M shares raise your hand :) I wish it was me!

I called IR on 4 different occasions over the past 3 months and spoke with Larry once and Judy the other times. Word to the wise, Judy is Larry's admin assistant and is not privy to specific dates and details for ER, RS, asset sales or otherwise.

Delays in ER will also impact plans for RS. You can tell by everything they are doing and not doing that they are delaying the financials and the RS to buy time for other developments to complete (e.g., asset sales, refi).

My feeling exactly!

There will be no ER this week. Sorry for all of you RS fans out there! It is a June event for ICLD this year.

Just called IR to confirm ER date and it went to VM. Wazzup wit dat? I still think they want to post pone the ER until they have some good news regarding asset sale, debt reduction or both. We will know soon enough!

Most of what is posted here is based on predictions. We can all read the filings and news releases, but it still leaves much room for discussion. For example, many here predicted the RS would occur in March because the 8K filing indicated end of March. Did it happen? Nope! -drops mic

The (June) ER date is on eTRADE. They will need to file for an extension just as they did last year at this time. Not doing the ER buys them time to post pone the RS and avoid further dilution until such time that they can address the toxic debt.

They will file an extension request on Friday. ER is a June event. PPS will rise prior to ER.

Also, eTRADE shows 6/6 for ER. FACT!

Look to history for your proof.

There will be no ER this week. The ICLD strategy is to delay the ER to avoid the RS until the PPS can be pushed higher.

The lawsuit will allow Munro to delay ER and RS until the time of his choosing. This bodes well in the near term. Especially if they are able to refinance the toxic debt. Notice how no one is selling shares? Think McFly!

Could be...

Munro not doing an RS until he pushes this up to at least .20 - .25. This is not his first rodeo!

Grant Thornton gonna pay up! http://archive.jsonline.com/business/koss-settles-claims-against-former-auditor-grant-thornton-b9948373z1-214372071.html

Theoretically, yes.

liverpool, hope icld does better than your last pick (BIGG). Your track record is not good! almost makes me want to re-evaluate...LOL

Yeah, right! They can buy via surrogates, trust funds, etc. You're too funny!

Answer: The stock was diluted 50% over the last 3 months.

Look at the historic market cap:
https://ycharts.com/companies/ICLD/market_cap

It is over $25M the majority of the time and has spiked to $75M and $140M.

When I called IR Larry Sands told me the insiders were restricted by buying shares because they are in negotiations. I bet they are buying hand over fist on the sly.

Link please

Needs news. Then the volume will come.

$11M market cap is too funny. 3-4X gains on the way soon!

Not that it means anything, but eTRADE shows 6/6 for ER

Expenses most likely decreased since they have less employees now.

Ok. Something big is up here! Why would ICLD sell AWS for zero $ up front? I think I know the answer.

http://www.econotimes.com/Mantra-Venture-Group-Acquires-AW-Solutions-Inc-and-its-Related-Entities-673330

"The acquisition of AWS is expected to bring in excess of $10 Million in annual revenues to the Company.

So, Mantra gets $10 Million in annual revenues for free? Nope!

I expect another 8K soon that indicates Mantra has assumed ICLD toxic debt in the amount of $7.5M or more (the amount of the senior debt). If I am correct, then ICLD will skyrocket. There is no other explanation for just giving up the AWS for nada!

Please use realistic targets. There is no way it will hit 1.00 without an RS, as that would equate to a $500M market cap! The most it could possibly reach before an RS is .20 - .30 IMO and that is a stretch.

What does your post have to do with ICLD?