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Wait for 2 more quarters and see how things look. Do you know what an investment is? You have to compare everything, look at future projections..... they will be making positive cash flow very soon. Then no doubt stock will be priced per its value :)
Business changes constantly therefore time frames. There's a reason it was pushed back. We will just have to wait and see. I'm hoping its to get the share price back up to at least .25 cents. Would makes sense right? R/S for multiple beneficial reasons. The 10k was 2016 results. Were halfway through March. You know how much dilution was done this year....a ton.....then the asset sale.....another asset sale coming.....It shouldn't take long to pay off that debt to be honest. I don't know but if that is the case we all could be very happy....Well take that back.....Half of us because seems half are shorters-ha
Very interesting.... Could very well be something in the works with Cisco........Would make since with everything that is happening....But of course nothing to support that claim yet.......But we will see. Something in the works I believe.
I agree with you most penny stocks are garbage. However I do not believe this is one of them. This shouldn't be a penny stock and will not remain a penny stock for much longer. 6 months to a year.....This will not be a penny stock. So maybe this is the 1%.
You can pretty much take any big time company.....Look them up......They have done multiple splits. Most all of them do. Shoot Apple, Amazon, and I could go on and on. Logic people. This isn't a trip 0 penny stock that does reverse splits every chance they get.
Ha- they are going to tell you before August 29th, 2017. Plus in the 8k they indicated on or around March 31, 2017 so that isn't an exact date either. Are you trying to sell before the RS is that it? I don't see how it really matters honestly. If the share price was .25 right now I would say do it now! They prob do not know the exact date yet.....depends on some other factors is my guess.
No. This reverse split was approved back in 2016.....I can't remember exactly when....Mid 2016 if I remember right. So this RS news is nothing new. It has continued to be pushed back since that point. They have a plan so the RS will happen when things align with their plan.
Why wouldn't you trust the most recent document. I mean that would only make sense right. Things are always changing in business. In the most recent doc which is the 10k indicates by 8/31/17- Signed and dated by the CEO himself. March 31st R/S is not happening. That got changed. Shouldn't be that hard to understand.
No. A reverse split makes 100% logical sense here. You know many big time companies have done multiple reverse splits. Everyone has the mentality of reverse splits being the worst thing that can happen........Yes many times it's bad but not in this case. It's a 4/1 reverse split.....Not a 1000/1 or 100000/1......Use some business logic. You guys are just to used to being in scamming non stop dilution machines....This isn't one of them.
Christ people. Look at the most recent 10k.....Page 25
"As a result of such potential shortfall in the number of our authorized shares of common stock, it is likely that we will have insufficient shares of common stock available to issue in connection with the conversion or exercise of our outstanding options, warrants and convertible debt securities or any future equity finance transaction we may seek to undertake. Accordingly, we may be required to take steps at an annual or special meeting of stockholders to seek approval of an increase in the number of our authorized shares of common stock. However, we cannot assure you that our stockholders would authorize an increase in the number of shares of our common stock. Alternatively, we may be required to reverse split our outstanding shares of common stock to create additional authorized but unissued shares. While our stockholders have approved a reverse split of our common stock on an exchange ratio of up to one-for-four shares on or prior to August 29, 2017 at the discretion of our board of directors, a reverse stock split may adversely affect the market price of our common stock. Our failure to have a sufficient number of authorized shares of common stock for issuance upon future exercise or conversion of our outstanding options, warrants and convertible debt securities could create an event of default under such securities, which could adversely affect our business, financial condition, results of operations and prospects".
In the 8k they indicated by March 31st.....However in the most recent filing which is the 10k(annual report for 2016) they indicated by August 29, 2017.
You may ask yourself what changed their mind? Well I don't know that but I see this as a positive. Maybe they have an asset sale lined up so it doesn't need to be so urgent? They have talked about selling another asset however nothing announced yet. They are about restoring shareholder value and are determined to get back listed with Nasdaq. This is just an opinion but I believe they want the share price higher before the RS for Nasdaq purposes. R/S then apply for uplist is what I'm thinking.
All that haven't done DD. Check out some of the technology they are involved with. This stuff will be the new waive for businesses in the future. I don't know what day to day action will be but 1 year from now......Think about it....That debt will likely be all gone and the company will be producing strong profits. Big time upside here compared to very minimal downside is how I look at it.
Go do more research. Your wrong
Guy prob just learned what a 10k is now he is an expert in reading and breaking down financial statements.
Perfect example of the non sense. Whether positive or negative about ICLD the BS in here is out of control. That's why I say take most with a grain of salt. You think the CEO is going to email that idiot telling him to hold his shares and he will be happy. Ha
I'm not the one who said they got an email from CEO
Yes. Can you please list out your concerns. I would be interested to see why you are saying that.
Ha- Really. Post a screen shot of the email then.
Agree. ALL the info is out there to read, research, ect. To be honest I would bet 90% in here don't do their research or nearly enough research to make a proper decision. So if your one of those who does do your DD and research....Trust your own opinions. Most in here are just babbling idiots spouting off information as its a fact but clearly is not. Take what people say in here with a grain of salt. Some of the loudest members in here are the most uninformed. Must be spending more time jabbering then DD on the stock they are jabbering about. Don't let peoples uninformed nonsense distract you from your goals/evaluation. 90% of traders lose money so that is the majority......I don't mind being in the minority because it has paid of many many times before.
Yes mentioned in the recent 10k posted
Being honest
First post. Welcome. Do you know I can sue you whether your guilty or not? Yes I can file suit, serve you and we would both end up in court. That doesn't make you guilty just because I'm suing you. Same thing with ICLD. Nothing ever came of that lawsuit- Why don't you dig in deeper. While your at it do some DD as well here and see what this company is doing and all about.
Gregg- Whats your breakdown on this one for next week. These slimy shorting fleas are winning for now- ha.
I have a small position currently(750k shares). I'll speak for myself but I know there are many others that are thinking the same way I am......I will be investing much much more into this company....Another 50k at least, possibly 100k.....I'm just waiting for the right time. Price isn't the only determining factor here. There shorters are controlling this stock right now. I will load the boat when these shorts either stop or have less control.
No doubt lots of people on the sidelines with big pockets watching abd waiting for the right time to jump in. We all see what happens when the shorters get the hell out of the way.....This thing moves quick. It will again but it will take a bit of time. Not worried as this is a long term play for me. Just not about to jump in then the shorters push it down where I'm in the hole big right of the bat.
I'm right there with you. Can't ignore the fundamentals involved. Bashers take the small things and blow them out of proportion. How about looking at all the positives which far out weigh the negatives.
I agree with you. Bearish now but doesn't take much to turn this thing into extreme bullish situation.
Come on dude. Give it up. Were talking very small amount of dilution left.....He's not saying none but the dilution is not todays factor of the price moving down
People asking him questions. Hes not here to bash. I'm sure he would love for his opinion to be right but he isn't in here to drive this thing down further.
My thoughts are this thing can only be worth shorting for so long. Once the shorters are out this should move pretty easy I believe.
I have 500k shares......Looking to add a boat load more at some point
Yes 10k is most recent document
Got it- Was similar to what I was thinking. Keep waiting to see what happens with LAFC at that .0335 bid. Getting close
Sunny- LAFC and DLNY on the bid currently. Recognize at all?
Why do you buy stocks low then sell high?...To make money....Same thing for shorts but opposite
I really do believe a buy out is very very possible here. Connect all the dots from recent PR's/structure changes....Buyout would make a lot of sense
Do some DD then come back and give your opinion. Dilution is done
Hit ARCA a few times and he disappears as normal. Keep pushing guys. Momentum turning around
10k came out after the 8k.
They said that in their 8k that was recently released. But was not set in stone. Clearly was moved back. They want Nasdaq
ARCA on the ask now
Investors just need to ignore the non sense. The non sense traders are winning right now. Buy and hold. DD doesn't lie so quit getting bs'ed for their gains.