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Re: DonJohn post# 32091

Wednesday, 05/03/2017 11:39:57 PM

Wednesday, May 03, 2017 11:39:57 PM

Post# of 61601
Careful about 'there is no other explanation'...we don't know the details, only the result. There could be any number of explanations.
I will agree that ICLD would like to report no more convertible debt in the next earnings release, but I doubt what they sold was a $10M revenue generator that was sold for a mere $2M. (Or whatever it was, exactly.)
We don't know how much convertible debt remains, so we can't make assumptions about it. All we know is that it needs to be removed, and not diluted. With the OS pegged, they have negotiation power. Hopefully, they are using that to dump bad debt.