Wednesday, May 03, 2017 11:39:57 PM
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.
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM