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Re: powerbattles post# 19738

Tuesday, 03/14/2017 7:33:22 PM

Tuesday, March 14, 2017 7:33:22 PM

Post# of 61601
I've know ICLD just a little over a month now, I decided to pull the trigger last Monday. That being said, my sentiments are along the line of yours. If management wants to really save the company, they need to cut salary, even if it's a 10% cut for the time being. They could have gotten a lot better on that last non core asset sale, I mean that asset was generating over 11 million dollars a year and gave it for peanuts, which makes me wonder, did he have the fiduciary duty to tell us exact terms of the deal, I think they got more more that asset, they are just not forthcoming. Once they ink a few big accounts like you said, they should be able to stay a float. I also noticed the 10K improved a lot, of course nothing to be excited about but at least it showed some improvement, the company is in the right sector, but they need to execute on the fundamentals and I agree with you, anything under 0.20 is great opportunity to grab some shares.