Wednesday, April 05, 2017 12:59:44 PM
ICLD has real revs (78 million)
ICLD has real employees (about 400 or so)
ICLD also has a ton of shares (just under 500 million) No big deal to me (see revs)
ICLD also had/has a real problem with convertible notes. The stock ran down to a penny from over a dollar before rebounding due to these notes. From what I have seen, they should be close to paying off debt, and have been working at doing so by selling non core assets.
***The following is my opinion from what I saw/gathered while watching this daily.***
During the bounce/run up to $.09, the worst thing happened. A certain fellow, let's call him "Mr Sunshine" appeared through the InterClouds. Mr Sunshine loaded the boat, pumped away and then dumped onto all of his sheep. Everyone ran like hell.
In conclusion, I've seen it before. I was in a little stock called OW$P back under $.03 or so. I remember in the teens it was "doomed" and "such a pc. of junk". Funny thing is, I go there now and it's a whole new crew of folks. That's all we need here, is a new crew that doesn't just mindlessly follow the sun.
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